Real Trading

Quoting Pat Chiko

Disliked

{quote} coyoteugly This is an excellent practice of Risk/Money Management. Teaser: "This attitude is also why many people are getting involved with the commodity and futures industry. Trading can be a powerful endeavor. On the other hand, it can also be financially crippling. Trading is a game of risk versus reward. It is also a game that is not forgiving of players who come in without learning the rules. For those with the "get rich quick" or 'gotta have it now' mentality, failure is all but certain.

Ignored

Quoting phd893

Disliked

{quote} {image}

Ignored

Quoting coyoteuglyxxx

Disliked

{quote} The comment is highly appreciated! This strategy allows me to test a trade with a very, very tiny SL, while the bounce off the trendline could be a good turning point with a very large profit and R:R ratio. The key is where to start your calculation in order to place the lines at the potential right S/R points. The rest is just a mechanical in / out.

Ignored

Quoting Pat Chiko

Disliked

{quote} GOLD Warm up Trade. Don't want to miss the bus. {image}

Ignored

Quoting coyoteuglyxxx

Disliked

{quote} Previous SL hit , lost 6 pip. Trying again with a 5 pip tight SL on 5 min. The blue line is a resistance area and a possible turning point... sometimes this turns into a very precise science, down to the pip. {image}

Ignored

Quoting Pat Chiko

Disliked

{quote} GOLD FOMO Limit Order. Typical example of FOMO. Drawdown 20,8 pips {image}

Ignored

Quoting Pat Chiko

Disliked

{quote} GOLD FOMO Limit Order. Typical example of FOMO. Drawdown 20,8 pips {image}

Ignored

Quoting SkullCandy

Disliked

{quote} Update on my last 3 trades for the year First long on gold closed in 70 tp+ after retracement , limit order activated . Good ,still have a feeling its not over yet, bulls will take a pill and push price higher, will see... Second trade on Gu closed in 50 Tp + ITM 120 pips+ and limit order running. No more trades, even greed kicks in , but found lots of stuff to do , so No pressure at all... Enjoying the ride with a blunt i had today.. small one... Trade safe ,

Ignored

Quoting Pat Chiko

Disliked

{quote} GOLD FOMO Limit Order. Typical example of FOMO. Drawdown 20,8 pips {image}

Ignored

Quoting Whale

Disliked

{quote} yes bro, this is why i kept the avatar.

Ignored

Quoting donfriday

Disliked

{quote} how did u do it, ?

Ignored

Quoting Whale

Disliked

{quote} i contacted to the guy who run FF

Ignored

Quoting coyoteuglyxxx

Disliked

GU still in the long. Expect a bounce off the blue line {image}

Ignored

Quoting Pat Chiko

Disliked

{quote} I agree you Coyote Ugly,, system must be as simple as possible. The trader with bad trading method but with good money management skills can outperform a trader with good trading method but bad money management skills. To be consistently profitable trader we'd better develop good money management skills than some unique system or findings. But if you can manage to develop both of them that'll be really excellent. BTW, is snowing there in UK ?

Ignored