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In One Sentence - How Do You Trade?

  • #61
  • Edited 2:08am Apr 23, 2020 1:51am | Edited 2:08am
Thank you mate for your contribution but your points such as the below miss the purpose and essence of this thread as shown in post #1.

KP

Quoting GDR3k
{quote}...From what I see on here in various posts on peoples...and what they tell you to do, is pure horse shit.
Do your homework, follow the footprints of smart money
  • #62
  • Apr 23, 2020 2:17am Apr 23, 2020 2:17am
I want to remind all posters to stick to the 'one-sentence' rule and senior/high impact members should show good example in this regard even though we may show understanding with junior or new members initially just to encourage them.

KP
Do your homework, follow the footprints of smart money
  • #63
  • Apr 23, 2020 2:21am Apr 23, 2020 2:21am
My analysis often includes criteria/conditions for selling if price action gets to a location of interest and another set of criteria/conditions for buying at the same location using an 'if..then..' trading plan for each pair/market I am tracking.

KP

Quoting KeenPips
Scenario analysis of price action helps me prepare for which ever direction the market goes. KP
Do your homework, follow the footprints of smart money
  • #64
  • Apr 23, 2020 2:40am Apr 23, 2020 2:40am
Quoting realjumper
I trade with my own developed unique method and I never deviate from it....ever!

I trade the same 6 pairs, day in, day out and I never change because I have got know these 6 pairs very, very well.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #65
  • Apr 23, 2020 2:52am Apr 23, 2020 2:52am
I have some pairs on my watch list that I scan weekly and select 2-4 pairs that meet certain criteria on my pre-market weekly analysis for tracking and possible trading during the week.

KP

Quoting realjumper
{quote} I trade the same 6 pairs, day in, day out and I never change because I have got know these 6 pairs very, very well.
Do your homework, follow the footprints of smart money
  • #66
  • Apr 23, 2020 2:54am Apr 23, 2020 2:54am
I don't predict the markets but react or adapt to them.

KP
Do your homework, follow the footprints of smart money
  • #67
  • Apr 23, 2020 2:57am Apr 23, 2020 2:57am
If there's no trades on any of my 6 pairs for the day, so be it....I lost no money.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #68
  • Apr 23, 2020 2:58am Apr 23, 2020 2:58am
Quoting realjumper
If there's no trades on any of my 6 pairs for the day, so be it....I lost no money.
The total at the end of the month counts, not the total at the end of the day!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #69
  • Apr 23, 2020 3:02am Apr 23, 2020 3:02am
I appreciate your sticking with the 'one sentence rule' mate and this principle of having a long-term outlook on trading success is one that has helped me overcome my early frustrations with Forex trading.

KP

Quoting realjumper
{quote} The total at the end of the month counts, not the total at the end of the day!
Do your homework, follow the footprints of smart money
  • #70
  • Apr 23, 2020 3:43am Apr 23, 2020 3:43am
i try to trade "fake breakouts" aka Stop Hunts and i look for momentum breaks in market structure ( swing highs / lows ) after a so called SH took place to enter into the pullback ....


:-)
May the Sheen be with you....
  • #71
  • Edited 5:16am Apr 23, 2020 4:03am | Edited 5:16am
Apparently akin to what some traders refer to as 'market-makers' method .

KP

Quoting Trueman23
i try to trade "fake breakouts" aka Stop Hunts and i look for momentum breaks in market structure ( swing highs / lows ) after a so called SH took place to enter into the pullback .... :-)
Do your homework, follow the footprints of smart money
  • #72
  • Apr 23, 2020 5:29am Apr 23, 2020 5:29am
Quoting KeenPips
Apparently akin to what some traders refer to as 'market-makers' method . KP {quote}
whatever someone wanna call it ;-) i like momentum, pullbacks and repeatable structures :-)
May the Sheen be with you....
  • #73
  • Apr 23, 2020 6:02am Apr 23, 2020 6:02am
I am currently trading GBP/USD break-outs around the London open, using the 0700 M30 bar as the range for bracket trade order, and hoping for a profitable manual exit at 2pm (UK time).
  • #75
  • Apr 23, 2020 7:32am Apr 23, 2020 7:32am
I believe in the following trading principle by Jack Schwager (Author of Market Wizards): 'The hard work in trading comes in the preparation.'

KP
Do your homework, follow the footprints of smart money
  • #76
  • Apr 23, 2020 7:52am Apr 23, 2020 7:52am
He concluded by saying, 'the actual process of trading, however, should be effortless'; a reason why I spend just a few hours in the week trading because the actual work, the preparation, would have taken place during the weekend.

KP

Quoting KeenPips
I believe in the following trading principle by Jack Schwager (Author of Market Wizards): 'The hard work in trading comes in the preparation.' KP
Do your homework, follow the footprints of smart money
  • #77
  • Apr 23, 2020 8:24am Apr 23, 2020 8:24am
Market Open Range.
It never gets easier, you just get better
  • #78
  • Apr 23, 2020 3:13pm Apr 23, 2020 3:13pm
Successfully
Whether you think you can, or you think you can't,you're right. H.F.
  • #79
  • Apr 23, 2020 3:39pm Apr 23, 2020 3:39pm
Quoting Simply-Me
Successfully
Its all on the mind......................
It never gets easier, you just get better
  • #80
  • Apr 23, 2020 3:44pm Apr 23, 2020 3:44pm
Thank you but please contribute something helpful and unambiguous in one sentence, otherwise view the thread and leave,

KP

Quoting Simply-Me
Successfully
Do your homework, follow the footprints of smart money
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