DislikedRoger,
Simple....
Do it the Natural way....
Practice what we do & preach here.
Practice this --- , day in, day out. I dont care where/how u do it, just practice.
it WILL get longer. TRUST me.Ignored
K.I.S.S.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedRoger,
Simple....
Do it the Natural way....
Practice what we do & preach here.
Practice this --- , day in, day out. I dont care where/how u do it, just practice.
it WILL get longer. TRUST me.Ignored
Disliked.....iv had about 50 trades from the gb/cad run over the last few weeks ,when i look back at my chart it could have been one and a few additions.
even though i did ok out of it i know in myself i could/should have done a lot better.
jonIgnored
Dislikedits times like this when oanda sucks!!
wots the spreads like on the other platforms right now!!??my mt4 platforms are only demos??
jonIgnored
DislikedYep and that's why I stopped posting, then if you say something about it they bash you or some other crap that I really don't need to deal with, then all the other clutter messes with my trades, Hell I am still long the usd/jpy and added in 2% more on the pullback with divergence, up 20% on one trade is not to bad when I had 2% risk to start. If I read everything here I would be out of the trade all together and up maybe 3-4%. I wish people here luck but I just think most people do not get it and then because I am kinda harsh they think I am attacking...Ignored
Dislikedits times like this when oanda sucks!!
wots the spreads like on the other platforms right now!!??my mt4 platforms are only demos??
jonIgnored
DislikedIf you kill a trade @ 1% profit and risk 3% you are not going to make money. Something will happen, if you take a 150 pip stop and kill the trade +20 you will lose in the long term, I know this and have seen it happen, news, world events, computer dies, something will screw you and that is why I make MM and risk such a big deal. If you risking 100$ who cares, risking 50k well that's a lot different just in the mental terms. No one I know who trades and makes money risks 100 pips and takes 20 off, go over to avidtrader free chat and ask, they...Ignored
DislikedCkM8,
yes everyone will disagree or have different views on this.
simply because we all have different principles, personalities, circumstances, risk profiles, etc..
As it is difficult to point & get in on the exact top/bottoms for entries, the same goes for exits.
Not all our entry orders will get hit, same with take profit targets & even our stops (im sure most/all have experienced entries, targets &/or stops being missed by +/-1-10 pips).
1 way as a "work around", for exits, is taking partial profits & remaining position/s...Ignored
Disliked..... If you have ever read the Dibs thread, that is all about lots of small losing/be trades and and then catching a big move with a small stop and descent position size, then adding on the pull backs to build massive trades that run for weeks on end. A few of these year makes up for all the losses and then some.
TacIgnored
DislikedTac,
If one takes every DIBS break without a proper filter, then it is possible to get a lot of small losing trades with some potential big winners.
However i don't see why, with proper filters, one cannot separate A+ DIBS from B+ DIBS, similar to what is done here!
ZIgnored
DislikedI agree if you used some discretion with dibs, like maybe only take the inside long it it follows a bullish pin bar or outside bar at good location, with space to run.Ignored
Dislikedha i was there too! was this the one with ted nugent opening or skid row? either way i was present. great shows. i was astonished on how much i enjoyed ted's set. this may sound like blasphemy, but he may have stole the show... please don't hate me. 8-)
Hi All!
long time lurker here. I came here about a year ago linked from traderdante's thread at trade2win and can not say i have read every post here, but i have put countless hours in this thread and recognize the senior posters easily. I have learned so much here from so many. i did get sucked...Ignored
DislikedWhy on earth would you want to place a trade at this time on a friday??? at best price will creep going no where and u will have that position over the weekend... i don't see the point even if u have a setup..
MAttyIgnored
DislikedI am also working on how to increase the load as the trade goes on. Currently I'm trying to add if price has broken and confirmed a major S&R area. In my opinion it is better to increase the volume than to start high and partially take profits because only the last added postion can go against me.
But maybe I am wrong with the increasing concept, just start trying this out but the decreasing concept did not work (for me).
stefx.Ignored
DislikedYour not wrong with the increasing concept at all. In a trend. I'm working on this one continuously myself....Ignored
DislikedAll those knocking the set to Break Even / Take tight profit methodology.
Ignored