hi fti,
i've been trading for about 2.5 yrs full time on my own. i think i've learned alot from reading this thread.. so far i'm still only on page 50. but i can see where i was going wrong.. i am going to move away from the using small stops.. the last 2 days i kept going long on the eur.. took stupid stops.. and finally when i have it right. i closed it before it took off...
http://img1.uploadscreenshot.com/ima...75518-orig.png
i am going to migrate towards using strategic entries to get in.. and adding (1 time for now) and holding as long my s/r level isn't prvoen wrong. i will still use hard stops after i added the 2nd contract since i'm not willing to sit through bigger retraces. with 2 entries i can also take advantage of the oscilations to close out bad positions and keep rotating if needs be. i know i'll have some good results to report and i'll keep reading this thread... 1700 pages to learn!@#@!#@!
cheers,
JW
i've been trading for about 2.5 yrs full time on my own. i think i've learned alot from reading this thread.. so far i'm still only on page 50. but i can see where i was going wrong.. i am going to move away from the using small stops.. the last 2 days i kept going long on the eur.. took stupid stops.. and finally when i have it right. i closed it before it took off...
http://img1.uploadscreenshot.com/ima...75518-orig.png
i am going to migrate towards using strategic entries to get in.. and adding (1 time for now) and holding as long my s/r level isn't prvoen wrong. i will still use hard stops after i added the 2nd contract since i'm not willing to sit through bigger retraces. with 2 entries i can also take advantage of the oscilations to close out bad positions and keep rotating if needs be. i know i'll have some good results to report and i'll keep reading this thread... 1700 pages to learn!@#@!#@!
cheers,
JW