{quote} Hah! Maybe so, but also, I kinda love this times... to get some TIME for REAL TRADING... instead of watching the big ones fighting all the time.. at the expense of the "normal people"... Nothing disturbs my trading (model) more than when the central banks or some central power (figure) starts playing the almightyHere is some relevant scene for you
Too early to close the Dow short when I did, happy with my sheckles though, hindsight, ohhboy, have a good weekend all, D {quote} Dow on a tumble, 700+pips, D {image}
Too early to close the Dow short when I did, happy with my sheckles though, hindsight, ohhboy, have a good weekend all, D {quote} Dow on a tumble, 700+pips, D {image}
{quote} Wow that's first class
{quote} While we think he is heading toward that island for vacation he is actually buying it. Sources close to him saw him entering the Spain embassy to finish the deal.
{quote} Yes but I think Donald Trump and Timingchain are after it as well
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Guys, guys, I'm blushing here LOL, It's brought the account within a smidgen of starting balance, my timing was out and losses became a problem, last short of WTI saw me close at a loss only to fall 300+, the frustration of feeling robbed was unbelievable but I had to keep my nerve and carry on, as you do, it payed off though, luckily I have recouped most of the losses and will evaluate when I come back, I've opened the TE back up to give you an idea of the rollercoaster ride,enjoy, bye the way, was pipped for the island, some oil baron offered...
Some are better at risk management, some better at emotions.. some better and short-term price prediction, some at long-term.. sam daily.. some are good at TIMING for entry/out... etc... I have not met a single trader and I do not think it exist... (if it does... he could make water into wine anyway or lead to gold so won't be needing much trading maybe, therefore.. I am a strong "advocate" of a breaking down, exposing THE JUICE and combine it with others maybe.. so that we can together fulfil the mantra "system is more than just a sum of parts" The basic questions you could start with are:)? And how far your TP was till the potential one? Would your SL go through (meaning.. not hitting SL) if you would widen the SL or decrease the leverage... etc etc.. BTW, when I started trading 10+ years ago I almost quit... because the first few trades didn't happen.. but then I check later.. and saw something like "wait a minute"... it did happen, just with a few hours/days delay... (depending on the selected move/amplitude aka PIPs...).
{quote} I would suggest that you break down your trade(list) by components.. there you can then analyse in retrospect what your stronger areas are aka THE JUICE.. Because, contrary to what many believe... I do not think we can get all the perfect components in one person.. aka THE TERMINATOR...
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{quote} Good news champ!!! Killing draw downs in a controlled matter (meaning not taking huge risks) will make you a better trader. A few winners can make all the difference in trading that's why it's importance to cap your losses. Taking losses is never easy but if you If you walk through the 4 stages of learning you'll evenly take them without thinking about it. {image}
it only takes the one or two to transform the account, suppose this is the nature of the beast or trading at least, I have plans on my return, I need, and fully understand in myself, trade within my capabilities, you will see over leveraged trades, but without them i could not have brought it back, from previous over lev losses, so moving forward, my goal is to stick within the boundaries, I'm of the opinion the strategy needs to work before MM, or else it fails and although I have many takes on what I used in the past I'm slowly coming around to settle on what I do now, it works in part, my next step is the MM mentor, who wants the mantle? or is that misery?
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