apart from joke , it not only time but resource also getting wasted , Cut the lost and move forward is the right way to do this business, easy to say but very hard to adopt , but no choice
Mohan
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedOkay, I concede to the critics that I only mentioned looking for the low volume up bar (No Demand). What we got was an interval with a narrow range as compared to the previous bar on increasing volume that closed near its low. This is a Squat. In fact, it is an Up Thrust.
Nevertheless, we got a sign of weakness in a down trend with weakness in the background.
Current interval has not closed yet, but it looks weak. We need to see if we close on or near the low and ultimately the amount of volume.Ignored
DislikedPlease see the screen shot. As being a senior every one out there advice me as I am learning carve, as I need advice friends.Ignored
DislikedI like how your take-profit level is small compared to how much your underwater. It's really great stuff, keep up the good work; you seem to have things planned out very well.
On a more serious note; USE STOPS. If you can't comfortably take a loss, you should NOT BE TRADING. . You have a 20 tick take profit ($100 potential gain) but you let the trade go against you $1,000???? are you smoking crack/bath salts?
Let me guess, your thought process was: "man it can't go anylower, its gonna turn around in my favor soon"
I know...Ignored
DislikedOr another option: do not use stop loss but don't use more than 3-4x leverage, it works as well if you can monitor your trade. You're hooked $1K for 200 pips, which means 10 lots.. with only $2K in equity = 25x... that's way to much leverage (and I am not even considering the second position you opened). Once you get broke (if not on that trade on any other trade where you will try to make your $1K back), stop trading for a year; read on money management and you might do well.Ignored
DislikedThe thing to do is ALWAYS sell at the bottom of a range into support huh? Good luck with that MISTER asshole.Ignored
DislikedWrong.
The rule of thumb is pretty simple, if you use leverage, use stops. Kill losers, ride winners. If you are daytrading, don't become a position trader as soon as your trade goes into loss. and don't become a daytrader when your long-term position shows slight profit. pick a mentality, stick to it, and use stops
I'd love to see your P&L YTD with your nostops strategy. Enlighten meIgnored
Dislikedhave a look on this muppet - his account was sufferering -5000 pip and it was only -5% and he had other trading that didn't require babysitting. Not only he didn't have to consume the loses , but they actually turned into profit ( If he knew what he was doing, he wouldn't have cut the lose and turned them into winners.
http://www.forexfactory.com/showthread.php?p=6091718
This guy is a proof that even an idiot can turn a harresh loses into profit - if his account can stand the bleeding.
I can provide you with arguments...Ignored
DislikedDude, i guess am gona do a contrary trade to ur calls . seriously i dont know wht u base ur calls, i would watch out for 1668 to hold up on a weekly basis if it does then its a long otherwise u can say bye bye to gold for the short term, if tht level is breached ull see an 100% retracement back to 1590. you should have stuck to ur first call @ shorting 1765 if i remember it correctly . Good luck...Ignored
Dislikedhave a look on this muppet - his account was sufferering -5000 pip and it was only -5% and he had other trading that didn't require babysitting. Not only he didn't have to consume the loses , but they actually turned into profit ( If he knew what he was doing, he wouldn't have cut the lose and turned them into winners.
http://www.forexfactory.com/showthread.php?p=6091718
This guy is a proof that even an idiot can turn a harresh loses into profit - if his account can stand the bleeding.
I can provide you...Ignored
Dislikedit is typcal GRID trading nothing else.
he has no clue about what trading is.
how those trades turn in to profit?
I advise him to open Lot sizes then we will clearly see how it turn into green.
system is trading in a sideways MKT.even when sideways it was about destroy account. he he
it s an EA.
he can BT it.
lets BT it for last 5 years see what will happen.
2007 - 2008 - 2010 will definetly blow.
if he is bold to that I am ready
walker.Ignored
DislikedBTW he is in my Ignore list.
if he accept please be kind & let me knowIgnored
DislikedEUR/USD Sell 1.30517 Buy 1.30422
Oct 22, 2012 11:51am
Oct 22, 2012 12:57pm
7.2%9.5
%7.20 profit with 9.5 pips
this must tell you something
how it turned into GREEN!
he is the only smart @ FFIgnored
Dislikedhave a look on this muppet - his account was sufferering -5000 pip and it was only -5% and he had other trading that didn't require babysitting. Not only he didn't have to consume the loses , but they actually turned into profit ( If he knew what he was doing, he wouldn't have cut the lose and turned them into winners.
http://www.forexfactory.com/showthread.php?p=6091718
This guy is a proof that even an idiot can turn a harresh loses into profit - if his account can stand the bleeding.
I can provide you...Ignored