- Search Forex Factory
- 36 Results
- Mnmlst_Trdr replied Jan 1, 2014
After reading some of the replies here, it's all coming back to me as to why I deleted my Facebook and Twitter account. Good luck people. I leave you with this by Dickson G Watts: Self-Reliance. A man must think for himself, must follow his own ...
- Mnmlst_Trdr replied Dec 31, 2013
My new wallpaper to by plastered in my trading room...
- Mnmlst_Trdr replied Dec 31, 2013
Right-O my friend!
- Mnmlst_Trdr replied Dec 31, 2013
Ok people, I have come to realize that I am just more suited for short term trading. I have spent countless hours trying to figure out how to profitably trade the longer time frames and it just doesn't work for me. I know it works for most people ...
- Mnmlst_Trdr replied Dec 30, 2013
Yeah it's not looking to good right now. See my thread... url
- Mnmlst_Trdr replied Dec 30, 2013
So here is my original trade plan. A quick scalp type trade (served me well, look at the equity curve) and take profit at the round number area. As you can see, I DID have a stop loss that I CANCELLED!!!! Awesome. I think I was drunk on egg-nog, LOL
- Mnmlst_Trdr replied Dec 30, 2013
Well said my friend. I will prevail!
- Mnmlst_Trdr replied Dec 30, 2013
That is the ONE book I have not finished yet, Reminiscenses of A Stock Operator. I will read it this weekend.
- Mnmlst_Trdr replied Dec 30, 2013
Thanks everyone for all the feedback. For the record, and in response to Spreadbetter, yes it is a small account funded with an amount that will not hurt me even if I lost it all. I am actually at about break-even. The point is, I am treating it as ...
- Mnmlst_Trdr replied Dec 30, 2013
If you look at that trade on a 4H time frame, there was what what looked a major resistance area. I took the trade and walked away. Dumb! Anyway, time to move on and welcome the new year!
- Mnmlst_Trdr replied Dec 29, 2013
Taking small winners helped me double my account in 40 days. I was happy to make a few pips here and would cut my losses early. It's when I let the losers run I get in trouble.
- Mnmlst_Trdr replied Dec 29, 2013
Yes the 40% drawdown was from not taking a small loss. I have to learn to not care about the win rate and concentrate on profits!
- Mnmlst_Trdr replied Dec 29, 2013
I read all the books and yes, I do have predetermined plans USUALLY. I just have a bad habit letting losses run sometimes. And that is against my plan.
- Mnmlst_Trdr replied Dec 21, 2013
Price action IS the best technical indicator.
- Mnmlst_Trdr replied Dec 21, 2013
I have pocketed a few pips doing intra-CANDLE trades. Look for a 5 min candle that is bouncing up and down like a pogo stick. Enter in the direction of the move as it retraces near the opening of the candle. Not for the faint of heart.
- Mnmlst_Trdr replied Dec 20, 2013
So do you just eyeball your supply and demand zones or do you draw them in?
- Mnmlst_Trdr replied Dec 20, 2013
Great info spaceduck! and fairwind!
- Mnmlst_Trdr replied Dec 19, 2013
Thank you Keyser_Soze. Can I ask your favorite time frame?
- Mnmlst_Trdr replied Dec 17, 2013
So my original question still remains unanswered, does anyone here trade profitably without drawing ANYTHING on the chart?
- Mnmlst_Trdr replied Dec 17, 2013
That's why I always wait for the candle to close before entering / exiting. False signals have been very profitable for me by trading false breakouts.