Good post Jeremy.
Is your risk in check? A 50% drawdown is pretty rough.
Best of luck in the new year.
Is your risk in check? A 50% drawdown is pretty rough.
Best of luck in the new year.
A better Editor for mql is available. 100x better than MetaEditor 20 replies
Broker needs to do better, much better 4 replies
Better momentum and better Sine wave indicator 0 replies
Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies
Is Better still better? 1 reply
DislikedKind of a blog post...
Well, I'm going to say that my first attempt at trading live has been an EXTREMELY rewarding experience.
-JeremyIgnored
DislikedMy First post.........
What would people think of this trade in NatGas....
is below market, obv would want it to get back there in a few days....
http://i608.photobucket.com/albums/t...exfactory1.jpgIgnored
DislikedHey Karl,
this are not valid setups imo. You need clearly setups to trade successful consistently. Don't try to see a setup in every chart. It should jump right of the screen to you and scream: "Karl, i am the sexiest RR that you ever seen, please trade me! " .
Less trades, more quality setups--> more pleasure.
See my chart below...(Sorry for my bad English)
BTW Rusty gives you already an excellent answer as i see now!
AttachmentIgnored
DislikedHey Bullz,
I think this level has been validated. I post my updated chart. Maybe I'm wrong, of course that's just an opinion.Ignored
DislikedPlease be careful here Karl,
your second trade looks already triggered, as well your first trade met it's FTA. So you ALREADY have 2 winners here. Trader's common mistake is to turn winners into losers
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Dislikedaudusd RR
edit: thoughts for order: wide stop because I remember tom said aud has a habit of breaking through a bit before bouncing. I would classify this as a B- setup as the resistance area prior to the break is the only clear level.
thought 2: zooming out this area seems to be a PPZ so it could floor through my order. this is why I'm on demo.Ignored
Dislikedaudusd RR
edit: thoughts for order: wide stop because I remember tom said aud has a habit of breaking through a bit before bouncing. I would classify this as a B- setup as the resistance area prior to the break is the only clear level.
thought 2: zooming out this area seems to be a PPZ so it could floor through my order. this is why I'm on demo.Ignored
DislikedEasy guys, i think Grizzly was just saying to stick to the best setups only.
Anyway it could be a good research to make a record of some non A trades and review them lately to check if you can find a way to extract some money of these, too. Worst case scenario, you would find out there is no point in playing those and have e good record of trades to stay away fromIgnored