(binned per thread starter’s request) Give me your money | Page 49 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Display your trades on your chart? Give a look at this 1 reply

Does an EA license Give You the Right to Give Signals? 2 replies

Money management: Capital needed per 0.07 USD per microlot 0 replies

Give me premise or give me death.... 15 replies

Attachments: (binned per thread starter’s request) Give me your money
Exit Attachments

(binned per thread starter’s request) Give me your money

  • #961
  • Nov 30, 2018 10:33am Nov 30, 2018 10:33am
This shit can get away from ya.... I have similar problems and that is why I trade the way i do. Keeping losses under control and quitting when I have met my targets , either loss totals or wins for the day.
I have no doubt you will recover but take a little time to reflect on those emotions and how they run you.
  • #962
  • Nov 30, 2018 10:51am Nov 30, 2018 10:51am
Quoting VEEFX
{quote} Agree.... Also, one last thing.... get rid of your "Cool Factor" persona when it comes to trading. No one is impressed with your taking a nap while trading or walking away from terminal or appearing bored or cool or careless or rugged. As I said, tame your personality. You have the skills imo. I don't think venturing into poker/gambling will do any good to your trading. In fact, your performance will only go south. I will stop here as I have said what I came here to share :-)
I might also add... Stop playing video games while your trading..... if that is what it takes to sit for hours in a trade then you have to make some changes and get rid of the distractions.
My attention span is short and I like to be able to look for my trade , get in , and get out in as little time as possible.
My longest trade has taken less than 10 minutes..... My shortest trade has taken less than 30 seconds.... Then I am done for the day. I allow myself 2 losses ...

This video has helped me tremendously. I am not affiliated with the organization and I don't endorse any of their products... They do make brief mention of a couple but that is not what the vid is about.... give it a view ... Maybe it will help.

https://youtu.be/zQqxmh8keos
  • #963
  • Nov 30, 2018 11:10am Nov 30, 2018 11:10am
dang getting lectured over here lol

appreciate it though. my issue is still just increasing size too quickly. i mean i was trading 12 couple of days ago to 16 cause i was profitable last few days. So that increase in short amount of time need to stop. i guess i wasn't mentally ready. So i'll keep it to just max 10 contracts/setup. I will hold my self accountable to this until i'm profitable 3 straight months (instead of 3 days lol).

I think everything else stays the same.

next week then. ready to rumble.
  • #964
  • Nov 30, 2018 11:10am Nov 30, 2018 11:10am
This mornings trade took just about 10 minutes... TP and SL were in place so I could set it aside and let it run out . Many times I just have to look away once the trade is in play to keep my itchy finger off the keyboard.
This trade was 1 contract. Yes it is small and not very impressive but the chart for position size will show you how position size works while only taking small high probability bites out of the market. minimal time spent and minimal fluctuations to your equity.
Now with all that said..... We are all different and what works for me probably won't work for you. We all have to find out path.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-11-30 at 8.13.41 AM.png Size: 25 KB
Click to Enlarge Name: Screen Shot 2018-11-30 at 8.13.25 AM.png Size: 117 KB
Click to Enlarge Name: Screen Shot 2018-11-30 at 9.05.36 AM.png Size: 198 KB
  • #965
  • Nov 30, 2018 11:16am Nov 30, 2018 11:16am
Quoting hilmy83
Ugh had tilt moments today. Range pissed me off. had 2 instances where i was putting 30 contracts. Cut it short though. today's loss brings my month to loss of -7k. was up about little over 10k for the month..all gone i should just stick to single digits total contracts until i cna be more consistent. but the problem is my idea of consistency is 1 week, then i get crazy and raise the size to double digits.. need to calm my ass down.
a while back we had some discussion about tilt, and to have some sort of risk control over us.
should you want to expand on that some, drop me an email.
craziness happens, been there myself, and it can cost dearly.
often not only the money, but to self esteem, and the sense of wasted time to recover.
there is always, always another trade!!
  • #966
  • Nov 30, 2018 11:18am Nov 30, 2018 11:18am
We only lecture you because we like to see you succeed....
  • #967
  • Nov 30, 2018 11:20am Nov 30, 2018 11:20am
Quoting profitfarmer
{quote} a while back we had some discussion about tilt, and to have some sort of risk control over us. should you want to expand on that some, drop me an email. craziness happens, been there myself, and it can cost dearly. often not only the money, but to self esteem, and the sense of wasted time to recover.
yes now that i think of it, another cause of tilt for me is the combo of increasing size too quickly (which i haven't really addressed) and having multiple losses in a row that wipes out profits. that pisses me off too like what happened today. i'm just glad my tilt today was more subdued. so it's getting better. This is why i will keep my contracts fixed now for few months. i think that would help a lot
  • #968
  • Nov 30, 2018 11:23am Nov 30, 2018 11:23am
Quoting hilmy83
{quote} yes now that i think of it, another cause of tilt for me is the combo of increasing size too quickly (which i haven't really addressed) and having multiple losses in a row that wipes out profits. that pisses me off too like what happened today. i'm just glad my tilt today was more subdued. so it's getting better. This is why i will keep my contracts fixed now for few months. i think that would help a lot
keeping contract size likely help.
part of your tilt is not keeping it ( though i recall you had that similar plan before).
thus was the question, will it surely change, or would need help?
there is always, always another trade!!
  • #969
  • Nov 30, 2018 11:38am Nov 30, 2018 11:38am
Quoting tradestar1
We only lecture you because we like to see you succeed....
Mission accomplished as my brief lecture was read. deleted my posts :-
Staying in my lane...
  • #970
  • Nov 30, 2018 11:54am Nov 30, 2018 11:54am
YUP....
hilmy ...
If you want me to delete my posts I will do as well... Not trying to hijack your journal here.....
  • #971
  • Dec 1, 2018 1:15pm Dec 1, 2018 1:15pm
Been reviewing my trade history and trading videos. I can trace my issue straight to improper size increase. The size increase within a short amount of time wrecks havoc to my trading after the initial losses that wipe out profits too quickly. So like I said, I'm addressing that by keeping size constant for couple of months

Last month of the year starting ,so i've got few short term goals I'm HOPING to have enough discipline to maintain:

  1. Not to exceed 8 contracts for any setup (max 4 positions per setup)
  2. No tilt (breaking rules, revenge trading)
  3. trading within my time slot 9pm-3am, 9a-3pm. Only let profitable trades run if time ends
  4. Session profit target (ticks) is 20% of session high/low range (based on trade exit-so breakout setup may run more). It was previously 30%, and after looking at my history, 30% is a bit extended for market structure i trade. So stop trading the session once the 20% range is hit
  5. Max 5 setups per session (overtrade control) and max 4 consecutive losses (loss control for day)


i'll be trading only 12/3-12/20 (will be on vacation 12/21). then off trading until 1/7/2019

And since this is the last month, i'll do daily pnl as a way for accountablity. if i stop posting, know that i blew up or I'm dead.

Here's to december...

Really looking forward to 2019 as it will be my first full year of trading futures without break.

  • #972
  • Dec 1, 2018 10:01pm Dec 1, 2018 10:01pm
Prepping the mind for the new trading month

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20181201_215913-1836x2448.jpg Size: 830 KB
  • #973
  • Dec 1, 2018 10:39pm Dec 1, 2018 10:39pm
you mean?

Attached Image (click to enlarge)
Click to Enlarge Name: hilmy.png Size: 908 KB
there is always, always another trade!!
  • #974
  • Dec 2, 2018 3:49pm Dec 2, 2018 3:49pm
1st session at tables. Played relatively tight to win $44 or little over 1hour . I usually call it a day after 50% return on the buy in. Or set time limit to 2 hours. recreational poker really

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 139 KB
  • #975
  • Dec 3, 2018 1:27am Dec 3, 2018 1:27am
lol i thought i had a chance..these assholes must've scalp all the way up when it broke out..40 trades already?

we'll see how they finish..

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 72 KB
  • #976
  • Dec 3, 2018 6:09am Dec 3, 2018 6:09am
observation made: while in momentum setup, poc shifts against existing trade, close the god damn trade.
  • #977
  • Dec 3, 2018 9:27am Dec 3, 2018 9:27am
Quoting hilmy83
Been reviewing my trade history and trading videos. I can trace my issue straight to improper size increase. The size increase within a short amount of time wrecks havoc to my trading after the initial losses that wipe out profits too quickly. So like I said, I'm addressing that by keeping size constant for couple of months Last month of the year starting ,so i've got few short term goals I'm HOPING to have enough discipline to maintain: Not to exceed 8 contracts for any setup (max 4 positions per setup) No tilt (breaking rules, revenge trading) trading within my time slot 9pm-3am, 9a-3pm. Only let profitable trades run if time ends Session profit target (ticks) is 20% of session high/low range (based on trade exit-so breakout setup may run more). It was previously 30%, and after looking at my history, 30% is a bit extended for market structure i trade. So stop trading the session once the 20% range is hit Max 5 setups per session (overtrade control) and max 4 consecutive losses (loss control for day) i'll be trading only 12/3-12/20 (will be on vacation 12/21). then off trading until 1/7/2019 And since this is the last month, i'll do daily pnl as a way for accountablity. if i stop posting, know that i blew up or I'm dead. Here's to december... Really looking forward to 2019 as it will be my first full year of trading futures without break.
asian= +$540
US= +$5260
total=+$5800

asian session was a wild ride. i had made an observation that should help protect profits in the future.

ps. my contract max should be 9 per setup not 8 (as originally posted). nevertheless, i will NOT touch 10 contracts per setup.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 115 KB
  • #978
  • Dec 3, 2018 9:34am Dec 3, 2018 9:34am
will be on travel this week, no streams rest of this week. maybe i'll do the occasional videos when i have time in between "work"...
  • #979
  • Dec 4, 2018 12:06am Dec 4, 2018 12:06am
Quoting hilmy83
will be on travel this week, no streams rest of this week. maybe i'll do the occasional videos when i have time in between "work"...
I think you will enjoy reading this (http://tradingmarkets.com/recent/applying_black_jack_principles_to_intraday_trading-639943.html)article I just came across which compares poker with black jack in regards to intraday trading.
Staying in my lane...
  • #980
  • Dec 4, 2018 7:49am Dec 4, 2018 7:49am
Quoting VEEFX
{quote} I think you will enjoy reading this (http://tradingmarkets.com/recent/applying_black_jack_principles_to_intraday_trading-639943.html)article I just came across which compares poker with black jack in regards to intraday trading.
wow good read. thanks.
0 traders viewing now