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  • #801
  • May 22, 2020 5:02pm May 22, 2020 5:02pm
Quoting Rmg
{image}

Did you watch the situational awareness webinar with Jigsaw? I missed it, it was yesterday I think.
  • #802
  • May 22, 2020 5:10pm May 22, 2020 5:10pm
Well I took it easy today lol. Make a few bucks and mostly kick back, but speaking of mentoring, I was mentoring a friend today during the afternoon trade sesh. Basically was a buy and hold all afternoon and continue to have him add to his winning trade and reinforce the use of his stop vs getting scared and closing it prematurely. He doesn't have any kind of orderflow tools and he struggles with many things from technical to psychological. I help him for free, mostly for fun, but he was happy that I gave him a great trade to flush out his weekly loss! Glad I could help him today. Doing my 1 good karma action per week for good fortune in life.

I rode the short at the open and called it a day by 930am. Worked on fine tuning my platform and practice tape reading along with some "new" orderflow ideas that seem to work very well for me.

Monday is a US holiday, I do not trade holidays. If futures are ticking, it will be low volume/thin and slow.

Hope you all had a fantastic day, Corinthia, RMG, Brixon, FXSniper and whoever else is lurking!
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  • #803
  • May 23, 2020 2:26am May 23, 2020 2:26am
Quoting 133usd
{quote} Did you watch the situational awareness webinar with Jigsaw? I missed it, it was yesterday I think.
Watched it, screen shot is snatched from the webinar.
on a postive roll...
  • #804
  • May 23, 2020 1:49pm May 23, 2020 1:49pm
Just realised that I am not using ma's anymore. Took me 4 years to get here. Price is the ultimate verdict.
on a postive roll...
  • #805
  • May 23, 2020 2:10pm May 23, 2020 2:10pm
Quoting Rmg
Just realised that I am not using ma's anymore. Took me 4 years to get here. Price is the ultimate verdict.

This webinar on Situational awareness is excellent. I am watching it now and taking notes while I eat lunch.
This weekend is to relax and do more training.

Yes the MA's are the lagging after result of price. I have a MA on my chart, but I do not use that as a trigger or signal at all. I use it as a loose reference point. A lot of times I don't even look at it for reference anymore

Without a mentor, it can take a long time to learn properly, so 4 years isn't bad at all. And even once you're profitable, old bad habits can creep up into your trading and cause a lot of problems. I believe people can learn much faster, but they have to have a really strict mentorship program from someone who's an expert. The hard part with mentors is that: Some of them can trade REALLY well, but suck at mentoring. Some of them mentor really well, but can't trade for beans (they try to make money off you).
  • #806
  • May 23, 2020 2:36pm May 23, 2020 2:36pm
Quoting 133usd
{quote} This webinar on Situational awareness is excellent. I am watching it now and taking notes while I eat lunch. This weekend is to relax and do more training. Yes the MA's are the lagging after result of price. I have a MA on my chart, but I do not use that as a trigger or signal at all. I use it as a loose reference point. A lot of times I don't even look at it for reference anymore Without a mentor, it can take a long time to learn properly, so 4 years isn't bad at all. And even once you're profitable, old bad habits can creep up into...
If someone new to trading starts straight off with order flow tools will halves their learning time.

Skipping a session or 2 is also a viable trading strategy, heard from many pro traders.
on a postive roll...
  • #807
  • May 25, 2020 2:37am May 25, 2020 2:37am
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on a postive roll...
  • #808
  • May 25, 2020 4:07pm May 25, 2020 4:07pm
It's totally smart to skip 1-2 trading sessions if you are feeling "cold"!
And when you are hot, lever up and bet more.

Today was Memorial day in the USA, so I stayed on the sidelines even though futures was open till noon.
It was interesting to watch though, as Friday's end of day move continued. Barely enough volume to trigger any of my orderflow alerts.

I have a very good feeling about this week. Should be fun.
  • #809
  • May 25, 2020 5:22pm May 25, 2020 5:22pm
Quoting Rmg
{image}{image}
Delta Doofus is now at $120 million in profit he says
Absolutely fictional bs. Hilarious that anyone even believes that.
  • #810
  • May 26, 2020 12:28am May 26, 2020 12:28am
Quoting 133usd
{quote} Delta Doofus is now at $120 million in profit he says Absolutely fictional bs. Hilarious that anyone even believes that.
I guess I will have to borrow some and open a new demo account, bcz I failed my challenge account and in need of demo account lol
on a postive roll...
  • #811
  • May 26, 2020 2:36am May 26, 2020 2:36am
Before applying for another challenge account , practice more on good old mt4.
One strategy only and use leverage where its needed is the lesson learnt from the failed attempt.
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on a postive roll...
  • #812
  • May 26, 2020 8:28am May 26, 2020 8:28am
Quoting Rmg
Before applying for another challenge account , practice more on good old mt4. One strategy only and use leverage where its needed is the lesson learnt from the failed attempt. {image}

DOW has been going to the moon since Monday. I'm scratching my head now thinking how to trade this big gap up
I had some tiny longs from last night and each time it hit my take profit so I'm +$45 there.
But now not sure now...buy the dips I guess or maybe looking to sell rips. We will see I guess.
  • #813
  • May 26, 2020 8:30am May 26, 2020 8:30am
Quoting 133usd
{quote} DOW has been going to the moon since Monday. I'm scratching my head now thinking how to trade this big gap up I had some tiny longs from last night and each time it hit my take profit so I'm +$45 there. But now not sure now...buy the dips I guess or maybe looking to sell rips. We will see I guess.
More to the short side at open..
on a postive roll...
  • #814
  • May 26, 2020 8:40am May 26, 2020 8:40am
mt4 and ecn really sucks mate!!!
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on a postive roll...
  • #815
  • May 26, 2020 8:48am May 26, 2020 8:48am
Quoting Rmg
mt4 and ecn really sucks mate!!! {image}
Why do you say that it seems like you are crushing it you have almost made your profittarget also havent you isnt that 5% ore is it 10???
Insanityoing same ting over expecting different results..Einstein
  • #816
  • May 26, 2020 8:53am May 26, 2020 8:53am
Quoting FXsniper111
{quote} Why do you say that it seems like you are crushing it you have almost made your profittarget also havent you isnt that 5% ore is it 10???
Its not a challenge account, trial account and i meant to trade the open.
on a postive roll...
  • #817
  • May 26, 2020 8:56am May 26, 2020 8:56am
Quoting Rmg
{quote} Its not a challenge account, trial account and i meant to trade the open.
reality is not so pretty...
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on a postive roll...
  • #818
  • May 26, 2020 9:29am May 26, 2020 9:29am
You'll get the hang of it sooner or later RMG. When it clicks for you, you'll be making some good money on a real account someday. Demo or demo challenge is a good way to learn.

I think I see a buying algo at work here today. They are spacing out their buy orders as to not move the market too much. So this should be a nice long still from what I can see. It's a situation of buying slowly on the dips and add on as it is working or breaking out.
  • #819
  • May 26, 2020 9:39am May 26, 2020 9:39am
Quoting 133usd
You'll get the hang of it sooner or later RMG. When it clicks for you, you'll be making some good money on a real account someday. Demo or demo challenge is a good way to learn. I think I see a buying algo at work here today. They are spacing out their buy orders as to not move the market too much. So this should be a nice long still from what I can see. It's a situation of buying slowly on the dips and add on as it is working or breaking out.
i guess the same.
on a postive roll...
  • #820
  • May 26, 2020 10:05am May 26, 2020 10:05am
i am out now. pull back is due.
on a postive roll...
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