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  • #1,182,761
  • Sep 5, 2020 10:00am Sep 5, 2020 10:00am
Quoting Lamira
{quote} now... almost 7 years later, I realized cherry picked trade of 15-20 pips in and out is all I need. one or two times per week(sometimes more if market looks good, sometimes nothing if im not so confident with market) i quit my day job completely on beginning of summer and thought I can trade more due to more free time. but I was wrong. 1-3 cherry picked trades per week 15-20 pip , everything else is bonus. practice demo for lil scalps, sometimes on real with small lots. I quit long term trading about 2 years ago, noticed it got not profitable...
3 trades x 20 pips = 60 pips. And that is enough for you for a week? You have to become more greedy, brother!
  • #1,182,762
  • Sep 5, 2020 10:14am Sep 5, 2020 10:14am
Quoting bigiivan
{quote} 3 trades x 20 pips = 60 pips. And that is enough for you for a week? You have to become more greedy, brother!
last week was 190 pips all small trades. 15-20 pips is for big lots main focus) being greedy blew my accounts in past
  • #1,182,763
  • Edited 10:50am Sep 5, 2020 10:34am | Edited 10:50am
Quoting techanalyst
You don't own anything to anyone, especially to rookie traders,

i seem to remember that last week as we were approaching 1.2000 you were firmly LONG and headed for 1.2500, and you stated clearly that you are a long term trader that trades like the big boys and you also insisted that trading is not gambling.

but then when the eurusd dropped a hundred points, you stated that you had closed that long position.

Quoting techanalyst
No you will not see my trade explorer, you will not see my wins or losses.

you took a loss, and yet you insist that trading is not gambling.

i am an amateur, but i enjoy asking questions and i enjoy details.

please dont ban me again and ease up on the $%^&* insults already.

trade safe.
  • #1,182,764
  • Sep 5, 2020 10:45am Sep 5, 2020 10:45am
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-09-05_9-16-49 EU.png Size: 61 KB
Hope this helps. Daily chart.
  • #1,182,765
  • Sep 5, 2020 10:49am Sep 5, 2020 10:49am
Quoting Lamira
{quote} last week was 190 pips all small trades. 15-20 pips is for big lots main focus) being greedy blew my accounts in past
Ooo, 190 pips is a really good weekly profit! And wish you to keep wining!
  • #1,182,766
  • Sep 5, 2020 10:51am Sep 5, 2020 10:51am
Quoting tradecode
{quote} i seem to remember that last week as we were approaching 1.2000 you were firmly LONG and headed for 1.2500, and you stated clearly that you are a long term trader that trades like the big boys and you also insisted that trading is not gambling. but then when the eurusd dropped a hundred points, you stated that you had closed that long position. {quote} you took a loss, and yet you insist that trading is not gambling. i am an amateur, but i enjoy asking questions and i enjoy details. please dont ban me again and ease up on the $%^&* insults...
Sure, whats your point?
  • #1,182,767
  • Sep 5, 2020 10:54am Sep 5, 2020 10:54am
Quoting Techanalyst
{quote} Sure, whats your point?
trading IS gambling.
  • #1,182,768
  • Sep 5, 2020 11:04am Sep 5, 2020 11:04am
Quoting tradecode
{quote} trading IS gambling.
Trading is not gambling. Change my mind.
  • #1,182,769
  • Sep 5, 2020 11:04am Sep 5, 2020 11:04am
Quoting tradecode
{quote} i seem to remember that last week as we were approaching 1.2000 you were firmly LONG and headed for 1.2500, and you stated clearly that you are a long term trader that trades like the big boys and you also insisted that trading is not gambling. but then when the eurusd dropped a hundred points, you stated that you had closed that long position. {quote} you took a loss, and yet you insist that trading is not gambling. i am an amateur, but i enjoy asking questions and i enjoy details. please dont ban me again and ease up on the $%^&* insults...
we are here to share our analysis and opinions, nothing wrong with that. calm down)
  • #1,182,770
  • Sep 5, 2020 11:35am Sep 5, 2020 11:35am
Inserted Video
instagram: stepbystepforex
  • #1,182,771
  • Sep 5, 2020 11:37am Sep 5, 2020 11:37am
I see EU at 1.15 in near future

My long term Trade will be keep adding sell with rise of every 200 pips

Let it run in my swap free account till target is achieved

Will continue with day to day trading of scalping as usual
PaRaM
  • #1,182,772
  • Sep 5, 2020 11:38am Sep 5, 2020 11:38am
Quoting Techanalyst
{quote} Trading is not gambling. Change my mind.
I have, based on my past experience, noticed that - Trading can become gambling if i treat it as such. If my goal is to become a consistently profitable trader, i need to tweak my mindset to think like a trader. If i think like a gambler, no matter how hard i try, i will end up gambling... not trading...

IMHO - it is all in the individual's mindset.
  • #1,182,773
  • Sep 5, 2020 11:58am Sep 5, 2020 11:58am
Quoting tradecode
{quote} trading IS gambling.
It's just a name bro. Some call it trading, some see it gambling, some business. But it is all the same and all is right base on their perspective and understanding. If you wanna call it gambling, fine you are right like everybody else. But do not force everybody to call it the same. I hope this explain well and end this topic. It's been a couple of months now. Lol. Cheers!
Only an idiot knows with certainty to where the market is going.
  • #1,182,774
  • Sep 5, 2020 12:31pm Sep 5, 2020 12:31pm
Quoting Kendos
Hello Traders .... I'm a beginner and I need you guys help .... Anyone wanna help?? Please.... Thanks in advance.
Most members here are helping. You just need to read or ask questions.
Only an idiot knows with certainty to where the market is going.
  • #1,182,775
  • Sep 5, 2020 12:39pm Sep 5, 2020 12:39pm
Quoting Lamira
{quote} now... almost 7 years later, I realized cherry picked trade of 15-20 pips in and out is all I need. one or two times per week(sometimes more if market looks good, sometimes nothing if im not so confident with market) i quit my day job completely on beginning of summer and thought I can trade more due to more free time. but I was wrong. 1-3 cherry picked trades per week 15-20 pip , everything else is bonus. practice demo for lil scalps, sometimes on real with small lots. I quit long term trading about 2 years ago, noticed it got not profitable...
Yes, scalping. Trading is largely about probability, and there's always a higher probability of predicting a 20 pip move than a 70+ pip one
  • #1,182,776
  • Sep 5, 2020 12:45pm Sep 5, 2020 12:45pm
Quoting Cnvrsn
{quote} Yes, scalping. Trading is largely about probability, and there's always a higher probability of predicting a 20 pip move than a 70+ pip one
While i can agree that scalping can be easier for traders that like "fast" money and use "over-leverage", your comment is just not true from a technical viewpoint, maybe from a mental point for some. I make no offence, i also find short time trading easier to handle mentally, but trying to learn how to trade on longer time frames.

Could you really tell the difference between a 1 day chart, 1 month chart and 5 min chart without knowing the timeframe? I dont think so..
  • #1,182,777
  • Sep 5, 2020 12:46pm Sep 5, 2020 12:46pm
Quoting pgidia
I see EU at 1.15 in near future My long term Trade will be keep adding sell with rise of every 200 pips Let it run in my swap free account till target is achieved Will continue with day to day trading of scalping as usual
Near future? It's a one month or half year or? Why not near future 1,25000?
  • #1,182,778
  • Sep 5, 2020 1:27pm Sep 5, 2020 1:27pm
Quoting eRBe
{quote} Near future? It's a one month or half year or? Why not near future 1,25000?
Maybe because 1,15 is going to happened sooner.
  • #1,182,779
  • Sep 5, 2020 1:45pm Sep 5, 2020 1:45pm
Quoting krst8
{quote} While i can agree that scalping can be easier for traders that like "fast" money and use "over-leverage", your comment is just not true from a technical viewpoint, maybe from a mental point for some. I make no offence, i also find short time trading easier to handle mentally, but trying to learn how to trade on longer time frames. Could you really tell the difference between a 1 day chart, 1 month chart and 5 min chart without knowing the timeframe? I dont think so..
hhhhmmmm, i don't get your point.
  • #1,182,780
  • Sep 5, 2020 2:10pm Sep 5, 2020 2:10pm
Quoting tradecode
{quote} i seem to remember that last week as we were approaching 1.2000 you were firmly LONG and headed for 1.2500, and you stated clearly that you are a long term trader that trades like the big boys and you also insisted that trading is not gambling. but then when the eurusd dropped a hundred points, you stated that you had closed that long position. {quote} you took a loss, and yet you insist that trading is not gambling. i am an amateur, but i enjoy asking questions and i enjoy details. please dont ban me again and ease up on the $%^&* insults...
Been drinking today, but am going to respond on this in a very polite way, Tech utilizes a different strategy than normal technical analysis. If you look at his posts over a year, one can see his strategy. He follows the COT reports and utilizes Supply and Demand areas which provides a good path to follow. When COT reverses, so does he. It would be the same for technical analysis when we see MA's reverse on a higher time frame. We all have our strategies, some more than one. Personally, I like his analysis and it allows me to gain further insight while checking the way I trade. I have gained a good amount of useful knowledge by watching him trade. As well as gaining further insight from traders such as Vule and BullBear. Although my system has been very successful, I always look for more understanding and to provide further clarification. Case in point, I have become more efficient in identifying entries and exits, mastered the understanding of price action, and understand why and when MA's cross on a lower time frames to create the wave on the higher time frames. I do not understand why others who have not been providing feedback on trades over the last 12 months in the thread feel the need to attack others that have contributed so much. You may call it gambling, others call it reading a chart and adapting to the trend.

In your post, you ask not to be banned, so I assume you already know your antagonistic approach to conversation will cause an emotional response from traders who share quality information. I believe it would be more beneficial for you to post your charts for everyone to evaluate how and if they benefit others in the thread. Currently I am in a very mellow mood, and prefer to stay that way. I am not sure why there is a need to cause drama. You may have some fantastic information to share that we can all benefit from. However your current approach reminds me of people who decide to join a gym when they are not up to the level of the top people that have been working out for years. When people tend to first start out lifting, myself included many years ago, it is easy to feel uncomfortable. Luckily the individuals who had been there for a while were happy to share how they increased in size using techniques others shared with them. Then I as well as others before and after me were able to use the information to grow stronger. Now I wonder what would happen if I started to call one of these people out who had been training for years? Would I expect kindness after my comments or something more abrupt? Hmmmm that answer would be obvious.

Make no mistake, I do not need to defend any of these high performers, just want to provide a different thought process. Just remember, continuing on the path of someone being antagonistic, do not be surprised with the result you receive. As I mentioned, I have been enjoying my beer and am bbq'ing this weekend, as it is a Texas thing. I wish everyone a calm and peaceful weekend. There is no need to piss people off on a Saturday. Gotta go, I need a refill, my bottle seemed to have leaked out again. They get empty so fast. LOL Gotta go, there is something ice cold waiting for me and it is not my wife running over my bbq pit again.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
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