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Genesis Matrix Trading

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  • Post# 12,361
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  • Apr 26, 2013 4:07am
  • kjuk3mb3rt
    New Member | 9 Posts | Status: Member
Quoting iwan73
I was close to open this long trade, but finally i didnt. Because i was too scared to loose money. Welcome back my mental problems. {image}
i opened it there.. and as my first comment I want to say thank you RJ and GMTS crew its been 2 years since i "spy" symphonie a then genesis forum and i am still at demo..but in a few weeks i`ll go to a real acc i hope sorry for my english and again thanks..
  • Post# 12,362
  • Quote
  • Apr 26, 2013 4:11am
  • Cold_W
    Joined Dec 2012 | 224 Posts | Status: Member
Quoting oprad
anyone take short trade? {image}
Are you in that trade?
  • Post# 12,363
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  • Apr 26, 2013 4:13am
  • Jamz
    Joined May 2012 | 485 Posts | Status: Tops and bottoms are for bikinis
Quoting iwan73
I was close to open this long trade, but finally i didnt. Because i was too scared to loose money. Welcome back my mental problems. {image}
If your account is too small to loose, then lower your lot size. It is never only going to make money, it is going to do both. Maybe your "intuition" told you that trade may not be the right one to take off? Perhaps you have learnt something? The trade just didn't feel right? There are best setups to wait for....(I am telling myself this too!) Actually, just this afternoon I have printed off 5 Buy setups and 5 sell setups to keep reminding me to wait for this type of picture to occur (and it will ) and stop attacking the market or taking trades that are not quite right.
We all needed the money yesterday but learning Forex takes years.....he said happily....
"As a trader you have the luxury of doing nothing."
  • Post# 12,364
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  • Apr 26, 2013 4:16am
  • Cold_W
    Joined Dec 2012 | 224 Posts | Status: Member
Quoting Jamz
{quote} If your account is too small to loose, then lower your lot size. It is never only going to make money, it is going to do both. Maybe your "intuition" told you that trade may not be the right one to take off? Perhaps you have learnt something? The trade just didn't feel right? There are best setups to wait for....(I am telling myself this too!) Actually, just this afternoon I have printed off 5 Buy setups and 5 sell setups to keep reminding me to wait for this type of picture to occur (and it will ) and stop attacking the market...
Could you possibly share it? If not 100% Genesis, then please PM it.
  • Post# 12,365
  • Quote
  • Apr 26, 2013 4:19am
  • oprad
    Joined Mar 2013 | 13 Posts | Status: Member
Quoting Cold_W
{quote} Are you in that trade?
I close DP +7 pips,
because that was my goal, but the arrows 15 did not change so normally I should always be in.
  • Post# 12,366
  • Quote
  • Apr 26, 2013 4:21am
  • Cold_W
    Joined Dec 2012 | 224 Posts | Status: Member
Quoting oprad
{quote} I close DP +7 pips, because that was my goal, but the arrows 15 did not change so normally I should always be in.
Well, there were no reasons to close. Anyways, congrats on green pips
  • Post# 12,367
  • Quote
  • Apr 26, 2013 4:23am
  • kosmo
    Joined Feb 2013 | 455 Posts | Status: mind over matter
RJ, some newbie questions from me if I may.

Would you be able to pinpoint the turning point in your trading career when you began to be consistetnly profitable or was it rather a gradual process?

Have you ever had moments of doubt whether you can make it as a trader and if yes how did you deal with it?
cool, calm and collected
  • Post# 12,368
  • Quote
  • Apr 26, 2013 4:26am
  • realjumper
    Joined Feb 2009 | 11,219 Posts | Status: Hasta la victoria siempre - El Che
Quoting kosmo
RJ, some newbie questions from me if I may. Would you be able to pinpoint the turning point in your trading career when you began to be consistetnly profitable or was it rather a gradual process? Have you ever had moments of doubt whether you can make it as a trader and if yes how did you deal with it?
I'll try and get the answer typed up for you over the weekend Jo....
Doing what you like is freedom. Liking what you do is happiness.
  • Post# 12,369
  • Quote
  • Apr 26, 2013 4:28am
  • Cold_W
    Joined Dec 2012 | 224 Posts | Status: Member
Quoting kosmo
RJ, some newbie questions from me if I may. Would you be able to pinpoint the turning point in your trading career when you began to be consistetnly profitable or was it rather a gradual process? Have you ever had moments of doubt whether you can make it as a trader and if yes how did you deal with it?
Great questions
The only problem is it might require a really lengthy answers, though RJ was never lazy answering.
  • Post# 12,370
  • Quote
  • Apr 26, 2013 4:30am
  • Cold_W
    Joined Dec 2012 | 224 Posts | Status: Member
Quoting realjumper
{quote} I'll try and get the answer typed up for you over the weekend Jo....
And that might become a rough copy of your future book
  • Post# 12,371
  • Quote
  • Apr 26, 2013 4:34am
  • kosmo
    Joined Feb 2013 | 455 Posts | Status: mind over matter
Quoting realjumper
{quote} I'll try and get the answer typed up for you over the weekend Jo....
Thank you, RJ. As long as it doesn't take too much of your weekend time, I'll be happy to learn from your experience
cool, calm and collected
  • Post# 12,372
  • Quote
  • Apr 26, 2013 4:38am
  • realjumper
    Joined Feb 2009 | 11,219 Posts | Status: Hasta la victoria siempre - El Che
Quoting kosmo
{quote} Thank you, RJ. As long as it doesn't take too much of your weekend time, I'll be happy to learn from your experience
No problem Jo....I can't do it now, but when the market is closed I'll get to it.
Doing what you like is freedom. Liking what you do is happiness.
  • Post# 12,373
  • Quote
  • Apr 26, 2013 4:40am
  • Jamz
    Joined May 2012 | 485 Posts | Status: Tops and bottoms are for bikinis
Quoting kosmo
{quote} Thank you, RJ. As long as it doesn't take too much of your weekend time, I'll be happy to learn from your experience
Great question...I wanted to ask that but we had already had 6 coffees.....I will love the reply though, it will strengthen resolve again I hope
"As a trader you have the luxury of doing nothing."
  • Post# 12,374
  • Quote
  • Apr 26, 2013 4:41am
  • oprad
    Joined Mar 2013 | 13 Posts | Status: Member
Short E/U ?
  • Post# 12,375
  • Quote
  • Apr 26, 2013 4:43am
  • kosmo
    Joined Feb 2013 | 455 Posts | Status: mind over matter
EU's rejecting the Asian resistance. Let's see if it can break the bottom of the range and then 1.3000...
cool, calm and collected
  • Post# 12,376
  • Quote
  • Apr 26, 2013 4:46am
  • Jamz
    Joined May 2012 | 485 Posts | Status: Tops and bottoms are for bikinis
Quoting Cold_W
{quote} Could you possibly share it? If not 100% Genesis, then please PM it.
Thanks CW my computer skills in Paint have now doubled but this is a start. They are all M15 EJ and I ask myself why isn't my account as big as....or how obvious they look but I missed them or got caught in chop trying to enter or maybe exited with only 25 pips etc, etc. M15 may slow you down a little on entry but keep you in for longer...I usually have a black background so the charts look a bit weird and forget spaghetti knitting it is only and RSI which doesn't show up on my charts.
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"As a trader you have the luxury of doing nothing."
  • Post# 12,377
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  • Apr 26, 2013 4:52am
  • kosmo
    Joined Feb 2013 | 455 Posts | Status: mind over matter
Quoting Cold_W
{quote} Great questions The only problem is it might require a really lengthy answers, though RJ was never lazy answering.

Quoting Jamz
{quote} Great question...I wanted to ask that but we had already had 6 coffees.....I will love the reply though, it will strengthen resolve again I hope
Thanks guys! I'm sure the answer will be a mind opener for many here
cool, calm and collected
  • Post# 12,378
  • Quote
  • Apr 26, 2013 4:54am
  • Cold_W
    Joined Dec 2012 | 224 Posts | Status: Member
Quoting Jamz
{quote} Thanks CW my computer skills in Paint have now doubled but this is a start. They are all M15 EJ and I ask myself why isn't my account as big as....or how obvious they look but I missed them or got caught in chop trying to enter or maybe exited with only 25 pips etc, etc. M15 may slow you down a little on entry but keep you in for longer...I usually have a black background so the charts look a bit weird and forget spaghetti knitting it is only and RSI which doesn't show up on my charts. {image}
OK, thank you Jamz. I'll try to make the same for myself over the weekend.
  • Post# 12,379
  • Quote
  • Apr 26, 2013 4:55am
  • kosmo
    Joined Feb 2013 | 455 Posts | Status: mind over matter
Quoting realjumper
{quote} No problem Jo....I can't do it now, but when the market is closed I'll get to it.
I know RJ. Disturbing you is the last thing I want
cool, calm and collected
  • Post# 12,380
  • Quote
  • Apr 26, 2013 5:02am
  • oprad
    Joined Mar 2013 | 13 Posts | Status: Member
short E/J hour :45 missed
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