Excellent job by the way seeing the big picture and holding. Most traders would have cashed out quite a while ago. Going from 14k to over 100k in equity is quite impressive! May I ask how do you get your mindset to that: seeing the bigger picture and holding for the big move? That's the way I want to go in my trading. Usually I exit way too early. EZ
I worked in the past in money management companies and Forex I taught courses and build them and trade all the time
I am a trader since 2007, Which means that I have lost a lot and gained a lot over the years, over the years I study and study
At 2011 I make over then 1M Usd but lost it after, but never give up
My inspiration was Jesse Livermore for that money management and style
It takes a lot of time for losses and profits and studies
To get to this state of mind that such moves can be made, I've put it here so people can see and learn
Because I had no one to look like this when I was a noob.
*What you see here is only 1 account that I show but there is more
, Mcdonald trade, by the way, make 50% profit so far
- #56
- Dec 25, 2018 2:44am Dec 25, 2018 2:44am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Nasdaq -
I posted a month ago that the lows were not in as we have topped a 5 wave cycle, (weekly);
Wave 5 was extended and was 100% of waves 0 -3.
Expect a multi month rally for our B (or X) wave before heading lower in the future. Prior wave 4 is primary target but on this scale, that could be in 2020 etc
This is bear market territory and will be so for quite some time to come;
I posted a month ago that the lows were not in as we have topped a 5 wave cycle, (weekly);
Wave 5 was extended and was 100% of waves 0 -3.
Expect a multi month rally for our B (or X) wave before heading lower in the future. Prior wave 4 is primary target but on this scale, that could be in 2020 etc
This is bear market territory and will be so for quite some time to come;
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #57
- Dec 25, 2018 2:46am Dec 25, 2018 2:46am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Crude - leading the way;
The wave structure fits nicely. I wrote a couple of years ago, (when we started the 4th) that the low wasn't in yet, but i didn't expect it to retrace as far as it did.
Using Elliott Channels, we draw a line connecting wave 2 & wave 4 and then draw a parallel off of wave 1 for end of wave 5. Now take the fib levels of Wave 0 - 3 and the 61.8% fibonacci extension is standard target for end of wave 5 (and cycle complete). The two targets line up for a very aggressive wave 5.
I also doubt that we will see oil recover so fast the next time, so energy exporting dependent countries are really going to feel the pinch over the coming 2 or 3 years. In fact, i predict the Russian economy to collapse, possibly even breaking up the country. Dangerous times ahead.
The wave structure fits nicely. I wrote a couple of years ago, (when we started the 4th) that the low wasn't in yet, but i didn't expect it to retrace as far as it did.
Using Elliott Channels, we draw a line connecting wave 2 & wave 4 and then draw a parallel off of wave 1 for end of wave 5. Now take the fib levels of Wave 0 - 3 and the 61.8% fibonacci extension is standard target for end of wave 5 (and cycle complete). The two targets line up for a very aggressive wave 5.
I also doubt that we will see oil recover so fast the next time, so energy exporting dependent countries are really going to feel the pinch over the coming 2 or 3 years. In fact, i predict the Russian economy to collapse, possibly even breaking up the country. Dangerous times ahead.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
