In trading, you have to be defensive and aggressive at the same time
- #25,902
- Feb 22, 2019 5:07am Feb 22, 2019 5:07am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
I am going away for the weekend and i'm on strict orders for the weekend i can't go on this forum or looks at charts, late valentines present staying at The Shard London. This is my trades for the week i made some stupid mistakes however i made over 10% a week. I need to pat myself on the back for how much i have improved because sometimes i see others on this forum doing much better than me and it can make me feel inadequate. Im currently 1% DD. but this is my closed trades this week. I'm only trading of £1,000 account...... for now. {image}
how can you feel inadequate with such results ?
10% a week is stratospheric performance.
Even 10% a month it is. If you can do it consistently in years, you'll have a lot of money.
Best regards,
Bubincka
Porta itineris dicitur longissima esse
- #25,903
- Feb 22, 2019 5:11am Feb 22, 2019 5:11am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
Porta itineris dicitur longissima esse
- #25,904
- Edited 5:25am Feb 22, 2019 5:14am | Edited 5:25am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Hi RieseP, how can you feel inadequate with such results ? 10% a week is stratospheric performance.
Anyway point of my post small account results are no indication same performance can be achieved with 10k 50k or 100k account.Why? Trading psychology.It effects more bigger account gets.
This is why its more important to be consistent gains come naturally.
You may go big on 1k account and get lucky and make 30% gain one 1 trade. Are you seriously going to put 40k on the line on 100k account on 1 trade? If you do you would be the biggest idiot.
This is why FF trades are full of amazing results but seriously those amazing results are small accounts basically gambling $$ and no indication you will see same guy hitting same numbers 12 months from now.Usually its up 1 month then steep decline and then bust
and cycles continues and brokers entice more suckers
This is not directly referring our friend here but just trying to shed light on this matter.
In trading, you have to be defensive and aggressive at the same time
- #25,905
- Feb 22, 2019 5:15am Feb 22, 2019 5:15am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
{quote} You have to set the price, e.g. if you are long EG with many positions and let's say you'd like to set TP some pips below WS61, you input 0.872
I never lose - either I win or I learn...
- #25,907
- Feb 22, 2019 5:30am Feb 22, 2019 5:30am
- Joined Aug 2017 | Status: The Weekly Pivot is the only verdic | 1,086 Posts
{quote} I gave my son 500 to open an account to trade.He is up 647 over 20% this month gain but does not know anything....Yes have helped him but coming from dad he is not so open.... Anyway point of my post small account results are no indication same performance can be achieved with 10k 50k or 100k account.Why? Trading psychology.It effects more bigger account gets. This is why its more important to be consistent gains come naturally. You may go big on 1k account and get lucky and make 30% gain one 1 trade. Are you seriously going to put 40k on...
To all the haters out there,
The way you trade is like piles for some stranger, it irritates the hell out of them when they want to trade like you.
Sorry FRIEND I had to get that off my chest.
Please keep on doing what you do and "pile" the $.
We obey the structure that results from the market's reaction
- #25,913
- Feb 22, 2019 6:06am Feb 22, 2019 6:06am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #25,914
- Feb 22, 2019 6:14am Feb 22, 2019 6:14am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #25,917
- Feb 22, 2019 6:29am Feb 22, 2019 6:29am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #25,918
- Feb 22, 2019 6:42am Feb 22, 2019 6:42am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Closed GC+1516
while sure it can drop lower but Cad retail can print Red sending this up quick as well so taking my money and happy with the gain
while sure it can drop lower but Cad retail can print Red sending this up quick as well so taking my money and happy with the gain
In trading, you have to be defensive and aggressive at the same time
- #25,919
- Feb 22, 2019 6:44am Feb 22, 2019 6:44am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Already over my daily goal of 500-1k profits
Yesterday 2600
Yesterday 2600
In trading, you have to be defensive and aggressive at the same time
- #25,920
- Feb 22, 2019 6:45am Feb 22, 2019 6:45am
- Joined Feb 2019 | Status: Statistics is my repertoire | 217 Posts
{quote} They do because I use Fib Pivots.What I meant takes lot of effort and time getting EW correct.Me I no longer look at that. ===Pivots PA News==== All one needs
