Dislikedsure thing man! Hey I'm going to send you a PM over the weekend about trading longer timeframes if you want.Ignored
Much appreciated!
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Dislikedsure thing man! Hey I'm going to send you a PM over the weekend about trading longer timeframes if you want.Ignored
DislikedI second the motion regarding posting live trade calls. A better idea would be to post live account statements. And yes withdrawals as well.
Also we could ask the powers that-be to rename this thread to "Scalpers Anonymous" or "Unanimous". Take your pick.
A plethora of good ideas floating around....Ignored
DislikedI used to just trade intraday too man, but honestly, I make so much more money now that I have moved up to higher timeframes...I wish I would have listened to Jim (James16), and just started there instead of lower timeframes. It's difficult at first because you wont be used to seeing a trade go against you 200 pips or so and you'll want to close out...trust me on that lol After you get the hang of it, it's a lot less stressful for you. Stocks do need to be held onto because every stock wants to expand and naturally expand upwards. In forex, each economy wants their currency to do well, so it's a big tug o' war.Ignored
DislikedMike I totally want to become a longer term trader but I mean to be a long term trader you need a sizeable margin. I mean how can you be a long term trader with for example 10k, 20K in your account especially if you are doing standard lots mini lot its possible but standard forget about it. So IMO if you are a newbie and have standard account make sure you have 50K or over and be able to absorb 500-600 pips drawdown otherwise be single and have no life lol and watch live action every minute of the day and get your brains fried.lolIgnored
DislikedI am enjoying eating my humble pie now as I am booking my longs from previous dip buying.Ignored
DislikedI used to just trade intraday too man, but honestly, I make so much more money now that I have moved up to higher timeframes...I wish I would have listened to Jim (James16), and just started there instead of lower timeframes. It's difficult at first because you wont be used to seeing a trade go against you 200 pips or so and you'll want to close out...trust me on that lol After you get the hang of it, it's a lot less stressful for you.Ignored
DislikedWell done man .. there is a support line around 210 areas. Now, it seems it has some steam to move upward. This pair is lovely to trade, just like .. live or die kind ofIgnored
DislikedLOL, maybe in a couple years MM! Hopefully nobody will ever need to borrow money because we will all be millionaires through our careers. That sounds like a big dream, but you gotta have big dreams in order to fulfill your goals as they say. I know this is the g/j thread but check out the cad/jpy...lookin primed and ready for a downweek.Ignored
DislikedYeah, just wait for rejection of that support, then buy it. Same with res, wait for the rejection, then sell.Ignored
DislikedOne day I'll be a millionaire (I might be now but not my own money LOL), and have a couple of Lambo's and Ferrari'sIgnored
DislikedYep .. I guess trading intraday, this technique is the way to go. I have learned a lot of painful experience as well, trading using indicators. Some days up and more days down. Trading with price action, S/R is more consistent. I also like trading higher time frame just like Mike W is doing .. heheIgnored