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Cable Update (GBPUSD)

  • #487,461
  • Jul 29, 2019 8:02am Jul 29, 2019 8:02am
Quoting pridolfx
{quote} this can fall on 2000 till end of week
No, it can't. Its a FED and BOE week, its normal market makers create their entries before big events. It never goes one way all week during weeks like these.
Everyone can see the chart, but only a few can actually read it.
  • #487,462
  • Jul 29, 2019 8:03am Jul 29, 2019 8:03am
To Many Ridiculous Bull Call For this Past 4 Weeks Over

You will never be Truly lose if you admitted your wrong But,

You will be Truly Lose When you You are not accepting Your Loss and Still Stubborn believe that you are right While Market Keep prove you wrong again and over again
  • #487,463
  • Jul 29, 2019 8:04am Jul 29, 2019 8:04am
In fact there are some very sick people right here ... I already wonder what they are ... but do not call a person sick because he is trying to find out or study something ... But yes the sick are those who come here just to mock the next one ... watch out because I make a list.
  • #487,464
  • Jul 29, 2019 8:04am Jul 29, 2019 8:04am
Quoting pridolfx
{quote} this can fall on 2000 till end of week
I'm watching 1.22 area to see if we get a decent bounce
Come with me if you want to live....
  • #487,465
  • Jul 29, 2019 8:04am Jul 29, 2019 8:04am
Quoting HRTrading
I'm going to let everyone here know a little secret about how to make money! 80-90% of all retail traders lose. So this thread must have 80-90% of losers in here.

Your logic is wrong. If averages apply or not depend to a great variety on the composition of the group.
Most of the traders here are rookies, which indicates that a lot more than 80-90% will go bust in the long term.

On the other side, people here are working on their education, which indicates that less than 80-90% will give up unsuccessfully.

Anyhow, the argument, that wherever Traders are, 80-90% of them are "losers" is just statistics gone wrong.


Quoting HRTrading
Now this is the important part... Just do the opposite of everyone in here, and you have a 80-90% successful system!!
Here as well, logic fails entirely, let me explain with an example:

Let us assume you have a person failing to lose weight. That person eats a small oatmeal in the morning, a salad for lunch and a family size pizza in the evening.
Would "doing the opposite" result in fat loss success for you? Obviously not!
  • #487,466
  • Jul 29, 2019 8:09am Jul 29, 2019 8:09am
Quoting Marcieny
{quote} I suggest you may have this problem ... winners will not accept to earn less than it deserves...or (the prosperous dealer) ... I am not studying or spending my time picking up forex point crumbs. You appear here out of nowhere and talk bullshit.
ok, I speak bullshit but you were posting on a planetary cycles thread...
If you do not pick up crumbs, what is the winning % rate of using the Bullish crab on GBP/USD on H1 charts?
?
  • #487,467
  • Jul 29, 2019 8:10am Jul 29, 2019 8:10am
Quoting DailyChart
To Many Ridiculous Bull Call For this Past 4 Weeks Over You will never be Truly lose if you admitted your wrong But, You will be Truly Lose When you You are not accepting Your Loss and Still Stubborn believe that you are right While Market Keep prove you wrong again and over again
Daily Chart ... Some people lose simply because they have the high ego of not closing the deal and just wanting to see what they want ... when I realize, it won't work now ... I quit trading and wait for another opportunity.
  • #487,468
  • Jul 29, 2019 8:11am Jul 29, 2019 8:11am
Quoting DailyChart
To Many Ridiculous Bull Call For this Past 4 Weeks Over You will never be Truly lose if you admitted your wrong But, You will be Truly Lose When you You are not accepting Your Loss and Still Stubborn believe that you are right While Market Keep prove you wrong again and over again
sadly no one admits they're wrong especially in trading, look at brokers, most of them are successful at bullshitting but that's one of their ways of making money
defeat can still be profitable
  • #487,469
  • Jul 29, 2019 8:12am Jul 29, 2019 8:12am
2280 to 2300 for 2200
Intraday only.
  • #487,470
  • Jul 29, 2019 8:12am Jul 29, 2019 8:12am
Quoting Marcieny
{quote} Daily Chart ... Some people lose simply because they have the high ego of not closing the deal and just wanting to see what they want ... when I realize, it won't work now ... I quit trading and wait for another opportunity.
that's the hardest part, taking the losses and closing at the right time. this goes for when you in profit too
defeat can still be profitable
  • #487,471
  • Jul 29, 2019 8:13am Jul 29, 2019 8:13am
Quoting john-smith
{quote} that's the hardest part, taking the losses and closing at the right time. this goes for when you in profit too
not in profit but mainly in loss
Intraday only.
  • #487,472
  • Jul 29, 2019 8:17am Jul 29, 2019 8:17am
Quoting navk
{quote} not in profit but mainly in loss
well in profit too, it's tempting to close quickly as you're in profit and don't want to loose any of it
defeat can still be profitable
  • #487,473
  • Jul 29, 2019 8:17am Jul 29, 2019 8:17am
Quoting HRTrading
{quote} ok, I speak bullshit but you were posting on a planetary cycles thread... If you do not pick up crumbs, what is the winning % rate of using the Bullish crab on GBP/USD on H1 charts?
Do you know how many harmonic patterns there are within each other? If you understand something about, maybe I'll answer you ... because I see several .... and when one fails I expect the next.
  • #487,474
  • Jul 29, 2019 8:18am Jul 29, 2019 8:18am
Quoting rahadian1
{quote} after bad result yesterday, already recover all my loss today at GU and profit +60pips only. not bad at all *you can see it on my TE my view for next week : GU still bear, just looking for another correction on the way to 1.2383 then 1.2300 there's no reason for buy GU right now *my view happy weekend guys
Not losing money is almost good as making money
  • #487,475
  • Jul 29, 2019 8:18am Jul 29, 2019 8:18am
Ok, here is a real tip, look at the 1 minute charts, see how many opportunities there were to get into a short today on GBP/USD with absolutely 0% DD
?
  • #487,476
  • Jul 29, 2019 8:18am Jul 29, 2019 8:18am
Quoting john-smith
{quote} sadly no one admits they're wrong especially in trading, look at brokers, most of them are successful at bullshitting but that's one of their ways of making money
That's why I never been happy when I am wrong or right in the market
and For every Trade that I am Place in The Market,I am always considered it as a loss trades

Nothing to expect
So Just Do It
  • #487,477
  • Jul 29, 2019 8:21am Jul 29, 2019 8:21am
Quoting Marcieny
{quote} Do you know how many harmonic patterns there are within each other? If you understand something about, maybe I'll answer you ... because I see several .... and when one fails I expect the next.
So you don't even know the winning % of a pattern you use in live trading, good luck.
?
  • #487,478
  • Jul 29, 2019 8:23am Jul 29, 2019 8:23am
I think it is better if traders focus on themselves and not other traders. For all we know the average account balance of the trader-mouths in this thread is $350 trading 0.1 lot casting judgment on the few trading 0.01 to 0.1 lot on $10K to 100K+ balances. It is strange that risk and position size is rarely touched on in here, always seems to be jousting to boost the ego or to give the impression of intellectual supremacy.
  • #487,479
  • Jul 29, 2019 8:24am Jul 29, 2019 8:24am
Quoting john-smith
{quote} sadly no one admits they're wrong especially in trading, look at brokers, most of them are successful at bullshitting but that's one of their ways of making money
Gu I closed with a small loss ... but I was aware that if I didn't close at that time in the slightest loss let's say so ... I could have lost more, but I see the forex sometimes ... like this I risk X pips.
  • #487,480
  • Jul 29, 2019 8:26am Jul 29, 2019 8:26am
Quoting DailyChart
{quote} That's why I never been happy when I am wrong or right in the market and For every Trade that I am Place in The Market,I am always considered it as a loss trades Nothing to expect So Just Do It
mmh I don't know if you should think everything is a lost trade as such, I mean it sounds a bit sad to think you're wrong all the time, keeping in mind you could be wrong is normal but thinking you're always wrong.. be more confident in yourself!
defeat can still be profitable
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