Im not sure there is ever a reason to take a full bar loss.
If your trades are in the right places its impossible.
If your trades are in the right places its impossible.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedprob not gonna be here. i leave tomorrow around 3.
no worries guys.
jimIgnored
DislikedI cannot believe the markets today, unbelievable. Thankfully I was on the right side of a trade and benefitted from the 'crash'. But Forex has a nasty sting in its tails. Plan your trade and trade your plan, know your trade and know your plan, manage your risk. Know what you are doing, if it goes wrong then hey. Monitor your trades, if your not performing then something is wrong! stop trading, re-evaluate. If you dont know why your not performing then you shouldnt be trading. It takes commitment and learning, also the desire to get positive results...Ignored
DislikedPLEASE PLEASE GUYS I NEVER POST IN ALL CAPS
I HEARD OF TWO BLOWN ACCOUNTS TODAY ON PEOPLE IGNORING THE JAMES16 REQUIRMENTS. IT HURTS ME BECAUSE I CARE TOO, WE ALL DO HERE OR WE WOULDN'T POUR LITERALLY THOUSANDS OF HOURS INTO THIS. These are very nice people and it has nothing to do with that. It has to do with treating this like a business. Some people have to learn that way and I get it, but you don't need to blow accounts. No one should be blowing accounts.
I never post in all caps, but PLEASE follow the outline in post one. PLEASE.
Thank...Ignored
DislikedJim, you are the most experianced trader here I think.
I have a question about compounding...
Lurking different sites you'll find different coumpounding spreadsheet that shows you can be became rich in 3/4 year at max . lol
At that pace, even only 10 traders in the world (that have some kind of ability and a great money management) could achieve a fortune...
Is this possible? I mean, is there any money cap you can made? Or is virtually unlimited the money you can made?
Ty and sorry for the dumb questionIgnored
DislikedJim, you are the most experianced trader here I think.
I have a question about compounding...
Lurking different sites you'll find different coumpounding spreadsheet that shows you can be became rich in 3/4 year at max . lol
At that pace, even only 10 traders in the world (that have some kind of ability and a great money management) could achieve a fortune...
Is this possible? I mean, is there any money cap you can made? Or is virtually unlimited the money you can made?
Ty and sorry for the dumb questionIgnored
Dislikedprob not gonna be here. i leave tomorrow around 3.
no worries guys.
jimIgnored
Dislikedwell i have over 10 seperate accounts. i could combine them into 1 and have a pretty decent 7 figure account. The problem is im scared. Ive been very poor on several occassions in my life and i dont trust my money in other peoples hands. same reason i dontr like to fly. its a control thing. my idea of compounding is spreading my money around.
Most of my trading profits go into real estate eventually.
If your compounding question has to do with adding to positions as it moves along its just not my thing.
Im more of a take my 30 grand,...Ignored
DislikedMike man....
I cannot imagine some of the horror stories that you have heard. I wish that there was something that could be said to help people save themselves from their own worst enemy- themselves.
To those who are starting I will just say that I have only been working at the J16 method for 3 years. Once you hit this point you realize just how little a length of time that really is. Hell, college is typically 4 years and anymore that only gets you a 50k a year job.
To those starting always ask yourself, "Am I putting the cart before...Ignored
Disliked5.25, From Zerohedge today: "The epic blow out accelerates with the widely followed (by the administration) DJIA dropping by over 400 points at last check. And as we warned earlier, the liquidation sell offs in PM, to no small part driven by rumors of yet another CME margin hike, are picking up pace, with silver tumbling from over $42 to just $38.50.
http://www.zerohedge.com/news/flash-...buy-orders-now
JohnIgnored
DislikedCan anybody recommend a platform for demo trading futures ?
ThanksIgnored
Dislikedthinkorswim. i am demo trading daytrading futures using principles taught here and it's been working great! today i had one of my biggest winner
http://www.hotstockmarket.com/image/...t/500/flags/LLIgnored
Dislikedgreat. when its mastered it works on just about anything with a chart.
jimIgnored
Dislikedis there any good decent broker which allows trading of FX and Futures, commodoties etc? im on alpari uk and restricted to fx onlyIgnored
Dislikedi dont think they would allow me to open account with only $800Ignored
Dislikedi dont think they would allow me to open account with only $800Ignored