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Trading 101

  • #361
  • Nov 10, 2021 6:31am Nov 10, 2021 6:31am
Quoting pips29
market is waiting for US cpi data..I reckon the stops below the lows will be hunted on GY and owing to what I believe I'm going to place buy orders below {image}
Yeah... they will try to clean Stops as much possible..
  • #362
  • Nov 10, 2021 6:42am Nov 10, 2021 6:42am
Quoting LuckyPunk
{quote} Yeah... they will try to clean Stops as much possible..
yeah, let's get lucky...also setting buy limits for cable
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the cautious seldom err....C
  • #363
  • Nov 10, 2021 8:04am Nov 10, 2021 8:04am
Quoting pips29
Long AY {image}
taken a couple out and moving stop to b/e
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the cautious seldom err....C
  • #364
  • Nov 10, 2021 8:10am Nov 10, 2021 8:10am
Quoting pips29
there's a valid short entry on the weekly but I am thinking to short at another 50 pips higher {image}
Damn! a case of overthinking, an easy 40 pips missed
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the cautious seldom err....C
  • #365
  • Nov 10, 2021 8:29am Nov 10, 2021 8:29am
Enjoying cricket.
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MA provides the market's current direction and strength.
  • #366
  • Nov 10, 2021 8:35am Nov 10, 2021 8:35am
Quoting hasib
Enjoying cricket. {image}
it will be very competitive game
MA provides the market's current direction and strength.
  • #367
  • Nov 10, 2021 10:05am Nov 10, 2021 10:05am
scalping with my other method, only 5% left
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the cautious seldom err....C
  • #368
  • Nov 10, 2021 10:10am Nov 10, 2021 10:10am
Quoting hasib
Enjoying cricket. {image}
I don't understand this game at all, so wouldn't watch it
the cautious seldom err....C
  • #369
  • Nov 10, 2021 11:02am Nov 10, 2021 11:02am
Quoting pips29
{quote} I don't understand this game at all, so wouldn't watch it
England is doing very well. England will win.
MA provides the market's current direction and strength.
  • #370
  • Nov 10, 2021 11:03am Nov 10, 2021 11:03am
Quoting pips29
scalping with my other method, only 5% left {image}
I have scalp h1 chart, make 0.2%
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MA provides the market's current direction and strength.
  • #371
  • Nov 10, 2021 11:09am Nov 10, 2021 11:09am
re-entered on M5, scalping heavy
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the cautious seldom err....C
  • #372
  • Nov 10, 2021 11:22am Nov 10, 2021 11:22am
I'm satisfied so I close the trade
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the cautious seldom err....C
  • #373
  • Nov 10, 2021 11:52am Nov 10, 2021 11:52am
It was excellent trading day very volatile fx market today.
Make few good trade today.
MA provides the market's current direction and strength.
  • #374
  • Nov 10, 2021 12:09pm Nov 10, 2021 12:09pm
Today I was thinking , about few trade close with a little loss quickly, yes I have make good return earlier. I just don't want to lose that .
Basically it is the fear, Fear create difference in trading. That is why trader make lots of good trade in demo account but when start trading live they fail.
Fear comes in various way-

1. Fear of losing trade.
2. Fear of losing account balance
3. Fear of not becoming successful trader.
4. Fear of losing profit.
5. Fear of losing floating profit
6. Fear of missing trade.
7. Fear of Market conditions change
8. Fear of economic calendar news
9 Fear of Not getting social recognitions as a trader

“We are more often frightened than hurt; and we suffer more from imagination than from reality.” – Seneca
MA provides the market's current direction and strength.
  • #375
  • Nov 10, 2021 12:37pm Nov 10, 2021 12:37pm
Got back in AU short market order and hit my 1st target again.. now letting it run. 5 good trades and 1 breakeven..
GU.. jumped in earlier today and hit my first target now letting it run.. First attempt failed and got out early but got in second attempt
Attachment g
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  • #376
  • Nov 10, 2021 12:38pm Nov 10, 2021 12:38pm
GU
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  • #377
  • Nov 10, 2021 5:59pm Nov 10, 2021 5:59pm
Aud
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MA provides the market's current direction and strength.
  • #378
  • Nov 10, 2021 6:02pm Nov 10, 2021 6:02pm
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MA provides the market's current direction and strength.
  • #379
  • Nov 10, 2021 6:10pm Nov 10, 2021 6:10pm
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MA provides the market's current direction and strength.
  • #380
  • Nov 10, 2021 6:19pm Nov 10, 2021 6:19pm
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MA provides the market's current direction and strength.
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