Short on Long Term
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"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies
Learning to trade with harmonics 11 replies
Time for Change - Pivots & Harmonics to freedom 67 replies
180 reasons to trade Harmonics and Patterns 13 replies
DislikedToday was a very bad trading day for me almost all my trades has a element of fear in it, it seems the more i gain i more fearful i am of losing. Does anyone have a solution for that? Trade 1: 89T 1 to 1 to the downside completion Result: +14(protected on fib 50 of the swing) Trade 2: 89T Structure on the downside + R:R was in our favour Result: -16 Trade 3: 89T 1 to 1 completion on the slightly longer term Result: +21(protected too early other would have hit TP) Trade 4: 89T 1 to 1 completion on the upside plus structure on the left Result: +1...Ignored
Disliked{quote} I am still learning from Mr. Pip.... One of the things that he mentions often on his life trading sessions is situational awareness and don't focus on PnL. He says focus on the rules and keep it mechanical. He also, says to not take a trade where the Risk Reward is too expensive for an individual's account. In my opinion... as long as you are not over leveraging and you have gained Mr. Pip's skills the way he has been teaching us, then you will know that 70% of your trades will work out and that your winners will erase your losers. You need...Ignored
DislikedBack on to demo account for me. Trade 1 for today - Long YM - 89 tick {image}Ignored
Disliked{quote} same here, a bit late on entry as found it after the fact - green arrow on chart Edit: moved to BE+2 {image}Ignored
DislikedJust wanted to share something I was thinking about today at work, yes if you are wondering I am working hard and find myself day dreaming about trading So, not sure if people do this already but I would encourage everyone who is still learning (me included) to review your trades EVERY day. Check to see if you could have done better and most importantly, have you followed your rules? I think this is very important, especially on winning days. I know I have done, many times in the past, traded against my rules and totally with a gut feel and...Ignored
DislikedToday was a very bad trading day for me almost all my trades has a element of fear in it, it seems the more i gain i more fearful i am of losing. Does anyone have a solution for that? Trade 1: 89T 1 to 1 to the downside completion Result: +14(protected on fib 50 of the swing) Trade 2: 89T Structure on the downside + R:R was in our favour Result: -16 Trade 3: 89T 1 to 1 completion on the slightly longer term Result: +21(protected too early other would have hit TP) Trade 4: 89T 1 to 1 completion on the upside plus structure on the left Result: +1...Ignored
DislikedJust wanted to share something I was thinking about today at work, yes if you are wondering I am working hard and find myself day dreaming about trading So, not sure if people do this already but I would encourage everyone who is still learning (me included) to review your trades EVERY day. Check to see if you could have done better and most importantly, have you followed your rules? I think this is very important, especially on winning days. I know I have done, many times in the past, traded against my rules and totally with a gut feel and...Ignored
DislikedToday was a very bad trading day for me almost all my trades has a element of fear in it, it seems the more i gain i more fearful i am of losing. Does anyone have a solution for that? Trade 1: 89T 1 to 1 to the downside completion Result: +14(protected on fib 50 of the swing) Trade 2: 89T Structure on the downside + R:R was in our favour Result: -16 Trade 3: 89T 1 to 1 completion on the slightly longer term Result: +21(protected too early other would have hit TP) Trade 4: 89T 1 to 1 completion on the upside plus structure on the left Result: +1...Ignored
DislikedI've noticed that trading against your plan or system just fuels the fear, so find the discipline to stick with your plan and see how that pans out. And again don't worry about a missed winner, if it was outside of your plan, it was a winner this time, but will it be a winner next time? Or how many times would it be a winner out of 10, out of 100?Ignored
Disliked{quote} I am still learning from Mr. Pip.... One of the things that he mentions often on his life trading sessions is situational awareness and don't focus on PnL. He says focus on the rules and keep it mechanical. He also, says to not take a trade where the Risk Reward is too expensive for an individual's account. In my opinion... as long as you are not over leveraging and you have gained Mr. Pip's skills the way he has been teaching us, then you will know that 70% of your trades will work out and that your winners will erase your losers. You need...Ignored