Disliked...
Now if I was with a mentor in a chat room he/she would have told me not to enter...Ignored

creating wealth one pip at a time.....
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Disliked...
Now if I was with a mentor in a chat room he/she would have told me not to enter...Ignored
DislikedOK, I made a meal out of today's (tonight's) Japan open (10/23/07-20:00 EST)...
Not sure where I went wrong other than bailing sooner than my set SL of about 7-9 pips...
Thankfully I am still learning, albeit with 1 micro...
Any & all suggestions/advice would be appreciated...
Now if I was with a mentor in a chat room he/she would have told me not to enter...Ignored
DislikedI appreciate the reply, but oddly enough I have put in a lot of screen time, but clearly not enough. But for those who have, what would you have done differently?
If I am targeting key time periods, as per advice given in this forum, i.e. first/last hour of sessions, looking for proper spine formation, etc., then what exactly did I miss with the aforementioned entries?
What I was kinda hoping for from the veterans, was something like:
A) I wouldn't have entered at all because...
B) Entries could have been better, like...
C) Entries were OK, but the exits were awful, should've bailed sooner/later, etc.
Something beyond the usual "more screen-time" & "read the mantra" would be helpful. I have no problem with making mistakes, but if I don't learn from them then I am not doomed to repeat them?Ignored
Disliked...I wait for the 30 second to shows signs of a reversal as well. A couple hints are when the MAs start to roll up and cross other MAs, not just compress together. Also, when the price crosses above the Spine on the 30 second chart that is a big clue for me...Ignored
DislikedToday was better. Combining S/R with rainbow. Still need to improve a lot of things.Ignored
DislikedToday was better. Combining S/R with rainbow. Still need to improve a lot of things.Ignored
DislikedStops are not meant as an exit signal... they're meant for the 1 in a 10,000 chance that something goes horribly wrong. Most new traders never think of exit signals, and this is where they get into trouble. I'd hazard a guess that of the 95% of traders who get wiped out within six months, half didn't use any stops at all, and the other half used stops as their only exit.Ignored
Dislikedif to exit if I see it going in opposite direction as far as -10.7 pips.Ignored