DislikedI am.
Chasing the market makes you look like a dog chasing his own tail.Ignored
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DislikedI am.
Chasing the market makes you look like a dog chasing his own tail.Ignored
DislikedOne thing that sucks in trading off of larger time frames is that you enter a trade then watch it hover around -30 pipsBut trust me if you leave it open then go away from your computer for a few hours and do something like read a book in a cafe that has a steady suppy of good looking women that come in
Then come home and see that your now are around 100 pips in profit, Now your are moving your stop losses up and looking for places to add to your position and now go do something else for a few hours and so on and so on. Of course you can come home and your stop loss was hit
which does happen, But most of the time it was after you moved your stop losses up a few times in profit
. My stop losses are normally around 60-100 pips just so I dont get knocked out by noise.
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DislikedYou're right on that one. My best trades happen when I'm not aroundIgnored
DislikedYou dont get emotional when your away from the screen because you miss all the noise, but at the same time your debating on getting that smart phone that allows you to watch that noise from anywhere, anytime.Ignored
DislikedTrue!!!! LOLLLL
I have to admit, having a system is much easier.
If rules are clear, like SL and TP, there's nothing you can do except waiting.Ignored
DislikedI used to go along with support and resistances and other price action...
Price action? After October? It's crazy just to think about it.
Now I'm testing a strategy that the author asked me not to disclose yet. It's on GJ.
I'm on this since last week. Results are still not conclusive due to short period. Backtesting was OK, but I want to see the real deal. Small lots only just to feel it.
As the market wiped me out in October, I decided to stay on this until next year when possibly I'll refund the account. If the strategy works.
Market is being too crazy to attempt trading what it use to be when I got started.Ignored
DislikedOne thing that sucks in trading off of larger time frames is that you enter a trade then watch it hover around -30 pipsBut trust me if you leave it open then go away from your computer for a few hours and do something like read a book in a cafe that has a steady suppy of good looking women that come in
Then come home and see that your now are around 100 pips in profit, Now your are moving your stop losses up and looking for places to add to your position and now go do something else for a few hours and so on and so on. Of course you can come home and your stop loss was hit
which does happen, But most of the time it was after you moved your stop losses up a few times in profit
. My stop losses are normally around 60-100 pips just so I dont get knocked out by noise.
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DislikedUnderstood on the non disclosureI try to use a mix of fundies/techs but sometimes when it gets hectic you just have to take a seat in the stands and let the game go on without you.
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DislikedI have to admit, having a system is much easier.
If rules are clear, like SL and TP, there's nothing you can do except waiting.Ignored