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Strength vs Weakness

  • #61
  • Feb 5, 2018 9:14pm Feb 5, 2018 9:14pm
Basis

https://www.forexfactory.com/showthread.php?t=57639


I'm a fan of FTI. My approach is same like his.Include dongsky aswell Read it. i'm sure 99 % wont understand anything and it will sound very greek to most of the people. Even if someone understands .they will not know how to apply.
Avoid what is Strong,Strike at what is Weak
  • #62
  • Feb 5, 2018 9:18pm Feb 5, 2018 9:18pm
Quoting magentfx
Basis https://www.forexfactory.com/showthread.php?t=57639 I'm a fan of FTI. My approach is same like his.Include dongsky aswell Read it. i'm sure 99 % wont understand anything and it will sound very greek to most of the people. Even if someone understands .they will not know how to apply.

something on dongsky

https://www.forexfactory.com/showthread.php?t=237739
Avoid what is Strong,Strike at what is Weak
  • #63
  • Feb 5, 2018 9:52pm Feb 5, 2018 9:52pm
Cost averaging can get you into big trouble.

I know someone who made millions using cost averaging. He bought property lots of it.

One dayt things didnt go his way he kept on buying as the instrument kept on going down. Next he woke up with more than a million dollars down.

So the cycle of doom began (its called "revenge trading") he sold all his property and kept on buying but the instrument kept on going down.

In the end he lost it all (about 3 million) than became a drug addict.

just saying. you are not trading if you are rescuing trades.
  • #64
  • Feb 5, 2018 10:06pm Feb 5, 2018 10:06pm
Quoting hibra68
Cost averaging can get you into big trouble. I know someone who made millions using cost averaging. He bought property lots of it. One dayt things didnt go his way he kept on buying as the instrument kept on going down. Next he woke up with more than a million dollars down. So the cycle of doom began (its called "revenge trading") he sold all his property and kept on buying but the instrument kept on going down. In the end he lost it all (about 3 million) than became a drug addict. just saying. you are not trading if you are rescuing trades.

Understood. My risk is the same i take at different levels.The person you are referring to must have used all his money to buy when it went up or down.

Money Management :

My risk per pair or trade is 2 or 3% . I divide that into small parts and i enter at different levels. This way i will not keep buying or selling an instrument blindly. Ofcourse i have my reasons to get in at different levels.it works most of the time or I'm no expert .but i know what i am doing.
Avoid what is Strong,Strike at what is Weak
  • #65
  • Feb 5, 2018 10:12pm Feb 5, 2018 10:12pm
bot [email protected]
Avoid what is Strong,Strike at what is Weak
  • #66
  • Feb 6, 2018 2:22am Feb 6, 2018 2:22am
will stick to my joke indicators, that's not trading i'm afraid, no solid substance, the market could keep going in one direction, then what?, understand why you would not give anything away, there was nothing to give, good luck in your quest, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #67
  • Feb 6, 2018 3:06am Feb 6, 2018 3:06am
Quoting magentfx
bot [email protected]

+120 pips
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Avoid what is Strong,Strike at what is Weak
  • #68
  • Feb 6, 2018 3:07am Feb 6, 2018 3:07am
Quoting detector
will stick to my joke indicators, that's not trading i'm afraid, no solid substance, the market could keep going in one direction, then what?, understand why you would not give anything away, there was nothing to give, good luck in your quest, D

You came to know it too soon.good luck
Avoid what is Strong,Strike at what is Weak
  • #69
  • Feb 6, 2018 3:09am Feb 6, 2018 3:09am
Quoting magentfx
Bot@[email protected]

+54 pips.
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Avoid what is Strong,Strike at what is Weak
  • #70
  • Feb 6, 2018 3:11am Feb 6, 2018 3:11am
Looking for a trade on Aj
Avoid what is Strong,Strike at what is Weak
  • #71
  • Feb 6, 2018 3:38am Feb 6, 2018 3:38am
sold nzdusd@73143
Avoid what is Strong,Strike at what is Weak
  • #72
  • Feb 6, 2018 4:05am Feb 6, 2018 4:05am
Looking for a trade on audchf
Avoid what is Strong,Strike at what is Weak
  • #73
  • Feb 6, 2018 4:14am Feb 6, 2018 4:14am
Unfortunately everyone including me wants everything in a platter . Sorry no one gives it that way.only certain things will be given its for you to learn on your own. Stop looking for spoon feeding and do your work. It will come to you if it has to come to you.


When you get time read The Art of War, by Sun Tzu
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Avoid what is Strong,Strike at what is Weak
  • #74
  • Feb 6, 2018 4:25am Feb 6, 2018 4:25am
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Avoid what is Strong,Strike at what is Weak
  • #75
  • Feb 6, 2018 4:28am Feb 6, 2018 4:28am
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Avoid what is Strong,Strike at what is Weak
  • #76
  • Feb 6, 2018 4:33am Feb 6, 2018 4:33am
None of the things i post makes sense to most here . It doesn't make sense . does it ? If you understand something good,otherwise i'm not bothered.
Avoid what is Strong,Strike at what is Weak
  • #77
  • Feb 6, 2018 5:32am Feb 6, 2018 5:32am
Inserted Video
Avoid what is Strong,Strike at what is Weak
  • #78
  • Feb 6, 2018 5:54am Feb 6, 2018 5:54am
I for one dont understand or make sense, but i am not lazy to work on the right direction, thats why i keep asking you the same thing,. What is the logic behind your trades, what do you do, when do you do it( especially considering the tick chat you say you always have open) , how do you do it and where? All this still interests me, you give that and I will gladly work even harder than now, i am reading from Fti posts to understand , but i think yu can do a better job
  • #79
  • Feb 6, 2018 5:57am Feb 6, 2018 5:57am
Quoting magentfx
sold nzdusd@73143

It has been 2 hours .Its very slow. +20 now and moved to breakeven ,Because going away from computer. expecting +35
Avoid what is Strong,Strike at what is Weak
  • #80
  • Feb 6, 2018 6:37am Feb 6, 2018 6:37am
Quoting magentfx
{quote} It has been 2 hours .Its very slow. +20 now and moved to breakeven ,Because going away from computer. expecting +35

+30 closed
Avoid what is Strong,Strike at what is Weak
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