DislikedHi
yeah bad time to buy, but its not getting any cheaper, anytime soon.
regardsIgnored
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DislikedHi
yeah bad time to buy, but its not getting any cheaper, anytime soon.
regardsIgnored
Dislikedbut wow 6 mil dollars for a 3 bedroom apartment ... u get one for 100k -200k usd here in the heart of the city ... either ur place is overvalued or my place is undervalued...
funnily half an hour from Singapore (by ferry) , an Indonesian island called batam is comparatively very very cheap ...Ignored
Dislikedfti, my only concern is that you don't exhaust yourself because you are too valuable.Ignored
Dislikedsince we are talking I want to share something to get your comments or criticism.
when I hold a big position in the market with some attack or rescue troops in and the she turns against me.. and I can feel it that the impulse in opposite direction will continue I offload the position to re-enter at a better time, thus booking a temporal loss..
here is an example:
if i am long eurusd from 1.5950 and it goes down to 1.5930 and I feel like its a free fall till 1.5900 at least (even tho I am still euro bull and would not want to take a short), I offload the position and re-enter when it turns back in right direction. Thus this missed out exposure is same as if I would take a short from 1.5930 to 1.5900 and keep my original position open. Thus I actually short it by not being in the market.. hehe.
I don't know if I expressed myself in an understandable way. I hope you all got the idea.Ignored
Dislikedhi piccolo,
the way i see it, if the price movement is anything more than 20+pips over a number of bars, can be taken as an impulse, (i hope im not trying to be too rigid here).
My broker does not allow me to do a two way trade, so i would only see the market in one light, bull or bear. if im trading the impulse but im going against the daily trend, then i'll be nimble and be watchful for support areas, i tend to give more lax to positions thats going with the daily trend.Ignored
DislikedYou missed my point. Direction is the same but you just manage your position right.. you exit and re-enter on a better price (thus it is virtually the same as booking a profit on the short trade, except you don't enter a trade).Ignored
Dislikedsince we are talking I want to share something to get your comments or criticism.
when I hold a big position in the market with some attack or rescue troops in and the she turns against me.. and I can feel it that the impulse in opposite direction will continue I offload the position to re-enter at a better time, thus booking a temporal loss..
here is an example:
if i am long eurusd from 1.5950 and it goes down to 1.5930 and I feel like its a free fall till 1.5900 at least (even tho I am still euro bull and would not want to take a short), I offload the position and re-enter when it turns back in right direction. Thus this missed out exposure is same as if I would take a short from 1.5930 to 1.5900 and keep my original position open. Thus I actually short it by not being in the market.. hehe.
I don't know if I expressed myself in an understandable way. I hope you all got the idea.Ignored
Dislikedsince we are talking I want to share something to get your comments or criticism.
when I hold a big position in the market with some attack or rescue troops in and the she turns against me.. and I can feel it that the impulse in opposite direction will continue I offload the position to re-enter at a better time, thus booking a temporal loss..
here is an example:
if i am long eurusd from 1.5950 and it goes down to 1.5930 and I feel like its a free fall till 1.5900 at least (even tho I am still euro bull and would not want to take a short), I offload the position and re-enter when it turns back in right direction. Thus this missed out exposure is same as if I would take a short from 1.5930 to 1.5900 and keep my original position open. Thus I actually short it by not being in the market.. hehe.
I don't know if I expressed myself in an understandable way. I hope you all got the idea.Ignored
DislikedYou missed my point. Direction is the same but you just manage your position right.. you exit and re-enter on a better price (thus it is virtually the same as booking a profit on the short trade, except you don't enter a trade).Ignored
DislikedJust a few questions. If you are long at .5950 and then believe at .5930 that its headed for .5900, why not reverse positions and go short? Also, when you entered the long at .5950, did you believe the reversal to .5900 was possible?Ignored
DislikedHi,
Thats the mindset thingy.
I don't ever KNOW, for sure what to do.
But I KNOW, when a market behaves a certain way , that I should respond defensively or aggressively.
This is the reason why I have the scouts in, if I am still interested in the trade.
You never know. Like in yesterday's case , I came back after dinner, and he was floating dead in the waters. He was well and safe , when I left him.
You see, in trading correct mindset, will free you from inhbitive subjection thoughts. This in turn allows you to reactiveness to the issues at hand.
You must deal with the situation of NOW, not what ifs and how ifs .
You deal with the P&L of now, and whats within your capacity and whats not.
regardsIgnored
Disliked@ fti, if I wouldn't re-enter then there is no point in discussion.I just don't like the concept "sit it out". and I feel it has financial advantage aswell but I will leave it at that. Good news is, it is not fundamentally wrong what I am doing and I can avoid a whip!
@ jest, I don't agree. That is not a kill.. just suspension.
@ rapaduski1, then you would shoot in your foot and unable to move much.Ignored
Disliked@ fti, if I wouldn't re-enter then there is no point in discussion.I just don't like the concept "sit it out". and I feel it has financial advantage aswell but I will leave it at that. Good news is, it is not fundamentally wrong what I am doing and I can avoid a whip!
@ jest, I don't agree. That is not a kill.. just suspension.
@ rapaduski1, then you would shoot in your foot and unable to move much.Ignored
DislikedSo it seems in life , whatever that doesn't kill you, only makes you stronger.
thats the motto in my life. " Be Prepared"
regardsIgnored
DislikedSo why do you smoke fti? That is certainly not making you stronger.
Also, you are not old. Based on some hints you have said in this thread, I suspect you are about 10 years older than me and I still believe I am young. Even Leigh doesn't believe she is old and she's 3 years older than you!
But I do have faith in my creator and I have an interest in pursuing this further. Thanks for the push in the right direction.
This thread is getting busy now!Ignored