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Real Trading

  • #8,101
  • Jan 24, 2022 11:22pm Jan 24, 2022 11:22pm
Quoting Whale
{quote} FOMO.

FOMO - part of trading process, unavoidable.....


Perfection doesn’t exist in trading

Nothing works all the time, the key to making money trading is in the risk/reward structure of your trades.


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I come from the future.
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  • #8,102
  • Jan 24, 2022 11:23pm Jan 24, 2022 11:23pm
Quoting Pat Chiko
My list of trouble area am having with trading The lists are below What is your #1 issue? Pick a number and we can talk about this. {image}
FOMO
  • #8,103
  • Jan 24, 2022 11:25pm Jan 24, 2022 11:25pm
Quoting pipibrasci
{quote} 20. . Could that be a greed factor??

Trading is not rocket science.
When a trend starts, it can continue for a while.

That's all you need to know.

Now, find a simple way to identify low-risk entry points, hop on board, and manage your expectations.
And prepare to be wrong a fair number of times.

That's it.
I come from the future.
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  • #8,104
  • Jan 24, 2022 11:26pm Jan 24, 2022 11:26pm
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
Quoting Pat Chiko
{quote} USD CAD Technically , it is place to look for short set up. Chart below with brief description. I may be wrong here, that's why I got my SL in place. Been wondering, why you decide to buy ?. did I miss anything here ?. Please share you set up, we can learn from each other. Thank you. {image}
my target was 1.2700 for whole week but it hit one single day .... and i also follow ur idea and got 70 pips in sell .

u missed just because you didnt notice cad ...
  • #8,105
  • Jan 24, 2022 11:29pm Jan 24, 2022 11:29pm
Quoting crazyfizikci
{quote} FOMO

Most times, it's not a better system that's missing, but the discipline to follow it.

1. Have a watchlist
2. Identify your levels
3. Have an action plan
4. Relax

Don't force anything—the market will provide you with a great trade setup on its own time.

This is the definition of controlling only what you can control and being 100% ok with that.
Because you know you already control everything you need.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #8,106
  • Jan 24, 2022 11:30pm Jan 24, 2022 11:30pm
Quoting turnfx
{quote} my target was 1.2700 for whole week but it hit one single day .... and i also follow ur idea and got 70 pips in sell . u missed just because you didnt notice cad ...

Thanks Bro for reply.

I appreciate your input.


Best Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #8,107
  • Jan 24, 2022 11:33pm Jan 24, 2022 11:33pm
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
i follow fibo... daily and weekly... in all major pairs
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  • #8,108
  • Jan 24, 2022 11:38pm Jan 24, 2022 11:38pm
Quoting Obaro02
#23 for me....too many looses and blowing of accounts...that have put me in debt...what do i do, i need help?
19 GOT ME EXPOSING MY ACCOUNT TO ALL THOSE MISTAKES OVER THERE
  • #8,109
  • Jan 24, 2022 11:43pm Jan 24, 2022 11:43pm
Quoting Pat Chiko
My list of trouble area am having with trading The lists are below What is your #1 issue? Pick a number and we can talk about this. {image}

I'm currently in my 3rd month of trading a live account, so this is a helpful exercise for me as a beginner. Definitely 12 (trading during whipsaw markets), which leads to 11 (giving back profits), originating from a distinct lack of 19 (taming emotions).

Can someone please explain 30? Monday Morning Quarterbacking? Sounds hilarious
Trying my best.
  • #8,110
  • Jan 24, 2022 11:43pm Jan 24, 2022 11:43pm
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
i like ur style and learning form ur post and sometime follow ur ideas...

hope soon i will cover all my previous losses
  • #8,111
  • Jan 25, 2022 12:05am Jan 25, 2022 12:05am
Daily is Bearish. Considering the fact that USD is gaining its momentum (temporary of course) I would be looking to BUY and Sell the pair.
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  • #8,112
  • Jan 25, 2022 12:09am Jan 25, 2022 12:09am
[quote=recepcem1984;13868547]Pat what do you think about btc[/quote]


Sorry for late reply.


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  • #8,113
  • Jan 25, 2022 12:12am Jan 25, 2022 12:12am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
buy usdcad 2635
  • #8,114
  • Jan 25, 2022 12:20am Jan 25, 2022 12:20am
GU

Warm up trade.

Scalping a bit towards LO.


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  • #8,115
  • Jan 25, 2022 12:21am Jan 25, 2022 12:21am
USD/CAD
SELL
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Seek knowledge and adorn it with patience and respect; moreover, be humble
  • #8,116
  • Jan 25, 2022 12:35am Jan 25, 2022 12:35am
So gold currently moving up to a range when we can sell. What would be a safe level to sell?
  • #8,117
  • Jan 25, 2022 12:37am Jan 25, 2022 12:37am
Hello guys, DXY H4 on fifth wave zone, cheers
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  • #8,118
  • Jan 25, 2022 12:50am Jan 25, 2022 12:50am
Quoting TrickorTrade
Why GOLD was a short today. Unfortunately I was asleep during this move. {image} {image}
Took a short on GOLD with same analysis.
Entry at 1841.500
  • #8,119
  • Jan 25, 2022 12:50am Jan 25, 2022 12:50am
Quoting Mr.Burger
Hello guys, DXY H4 on fifth wave zone, cheers {image}

Hola Juan,


All eyes on this week will be on 26 Wed. (in US) and Thursday some other places.

We have FOMC (no rate hike expected, but everyone will be watching the presser and statement for language-dovish or hawkish)
- Fed interest rate decision: Wed 2:00pm EST
- FOMC statement: Wed 2:00pm EST
- FOMC economic projections: Wed. 2:00pm EST
- Powell speaks: Wed. 2:30pm EST

I believe, the markets already priced in a rate hike so unless there is a big surprise in their statement (which I think they'll be extra mindful not to 'upset' asset prices).

Maybe ,we can scalp while waiting for the big day to come.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #8,120
  • Jan 25, 2022 12:50am Jan 25, 2022 12:50am
GJ Counter Move Trade .
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