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We use to overvalue even a 5pip loss. And we don't value a very good 10 pips positive day... Am I right or am I right?Ignored
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We use to overvalue even a 5pip loss. And we don't value a very good 10 pips positive day... Am I right or am I right?Ignored
DislikedThe advice I received from my broker - when I called him for help - sounded like "Easy, man. Just STOP MAKING STUPID MOVES!!!"
Now I'm very careful here and trading for few pips at a time. Do that like 5 times and you will start seeing you account breathing....
We use to overvalue even a 5pip loss. And we don't value a very good 10 pips positive day... Am I right or am I right?Ignored
DislikedThe advice I received from my broker - when I called him for help - sounded like "Easy, man. Just STOP MAKING STUPID MOVES!!!"
Now I'm very careful here and trading for few pips at a time. Do that like 5 times and you will start seeing you account breathing....
We use to overvalue even a 5pip loss. And we don't value a very good 10 pips positive day... Am I right or am I right?Ignored
DislikedWell i think about the 5 pips is not true.if you aim just for that pips someday u will slip and fail.entering the market is not easy.trader usually see so many reasons to enter the market and also to take out the market when they already profit for 5 pips.what your broker said is pure true...stop joking around err stop making stupid moves..how?? learn and learn.let the potential signal jump to you, a good hunter always patient,patient,wait for the time,know when he gonna cut throat of their victim. just my 2 cent.Ignored
QuoteDislikedWell i think about the 5 pips is not true.if you aim just for that pips someday u will slip and fail.entering the market is not easy.trader usually see so many reasons to enter the market and also to take out the market when they already profit for 5 pips.what your broker said is pure true...stop joking around err stop making stupid moves..how?? learn and learn.let the potential signal jump to you, a good hunter always patient,patient,wait for the time,know when he gonna cut throat of their victim. just my 2 cent.
QuoteDislikedWith consistency will come emotional/psychological stability..
DislikedTo risky for my blood today - will only go long at it @9646 or below.Ignored
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...That's what I'm working here... Control the losses - that will always be there - and cheer the wins, what I was failing at.
And also, avoind turning a winner in to a looser... Gees.. I've read that like 100 times and still let it happen.Ignored
DislikedWhat do you guys think of this? Looks like NFP may be $positive tomorrow!
http://money.cnn.com/2007/02/01/news...ion=2007020115Ignored
DislikedHey i belive 1.9645 ,1.9734 & 1.9622 are good support & resistence line & now market will be bull & also hoping positive construction Indicator.......
shivaji
Fear not says Vedas...........Ignored
DislikedIf you cheer wins then it will be more difficult to not allow losses bother you - it's human nature to want to cheer - just act like you you have been there many times before and will be there many times again regardless the outcome...
As far as letting a winner turn into a loser, be careful not to overanalyze this - if you stuck to your plan, this is ok - you did the right thing. From there you can modify plan and execute efficiently if need be. If however, your plan states to stay in and you get out in order to not let a winner turn into a loser, then you have royally f'd up even though your account will be bigger - trading against your plan will cost you big time long term as it only allows the "Trader" to go on a whim and do what he is feeling at the time. Let the analyst do the analysis, let the strategist work the strategy within the analysis - let the Trader execute as planned.Ignored