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Real Trading

  • #9,741
  • Feb 16, 2022 2:52am Feb 16, 2022 2:52am
Somebody asked me..........
saying I can trade with ease coz my account is sizable......

My answer is.............
If you can't trade a small account you can't trade a large one.

You think the answer is having more money work with.
I'm promise you it's not.

You would simply lose a larger sum of money.
Focus on YOUR process.

Trade Safely

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,742
  • Feb 16, 2022 2:59am Feb 16, 2022 2:59am
Quoting Pat Chiko
Somebody asked me.......... saying I can trade with ease coz my account is sizable...... My answer is............. If you can't trade a small account you can't trade a large one. You think the answer is having more money work with. I'm promise you it's not. You would simply lose a larger sum of money. Focus on YOUR process. Trade Safely PAT
Agree with PAT, we often say to each other that:
The small boat with small waves
The big boat big waves
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  • #9,743
  • Feb 16, 2022 3:09am Feb 16, 2022 3:09am
Quoting 19monza64
GJ H1 CPLQ? Possible short 157.20 Any advice is wellcome {image}

GJ

I prefer for the price to complete it until QM with CPLQ in the process now.

Later today High Impact News will shake this price again..........

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,744
  • Feb 16, 2022 3:14am Feb 16, 2022 3:14am
Quoting Pat Chiko
Somebody asked me.......... saying I can trade with ease coz my account is sizable...... My answer is............. If you can't trade a small account you can't trade a large one. You think the answer is having more money work with. I'm promise you it's not. You would simply lose a larger sum of money. Focus on YOUR process. Trade Safely PAT
This is the truth. I have consistently done $3 to $180, $100 to $1000. And when I withdraw it, I feel so good. Simple thing I used to do then

1. Set my leverage to 1:1000 or even 1:2000.
2. Trade 0.01 lot and consistently wait for the best entries.
3. Each 20-30 pips gave me $2-$3.
4. It compounded.
5. When it got to $20 equity I increased to 0.02 lot trade volume.
6. When I hit $100 I began to take risks like trading 0.1 lot as trade volume. Hahaha... (readers please don't do this)

And trust me, those entries were super dope --to the pip. Before I learned to do this, I had blown larger accounts. This $3 was just money I wanted to risk to challenge myself. So I could actually take some funny risks. These days I can enter a trade, even when I know I could get a better price, but wouldn't mind so long as I know my target will get hit. With a $3 equity, I was trading to perfection.

Bottom line is this: If you cannot trade a small account, the same faults that made it impossible to trade a small account will help you blow even a million dollar account. It sounds like hogwash but it is as true as the Sun!
  • #9,745
  • Feb 16, 2022 3:15am Feb 16, 2022 3:15am
Quoting Pat Chiko
{quote} GJ I prefer for the price to complete it until QM with CPLQ in the process now. Later today High Impact News will shake this price again.......... {image}
Hi Pat , do you think gbp will back to liquidity at 135400?
gbp/usd*
  • #9,746
  • Feb 16, 2022 3:19am Feb 16, 2022 3:19am
I've sold GU, yesterday's liquidity area could give some reaction to downside again
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  • #9,747
  • Feb 16, 2022 3:24am Feb 16, 2022 3:24am
EURUSD may likely break the resistance and keep going up...
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My telegram: https://t.me/avidforex
  • #9,748
  • Feb 16, 2022 3:32am Feb 16, 2022 3:32am
Quoting Gym4life
{quote} Hi Pat , do you think gbp will back to liquidity at 135400? gbp/usd*

I trade based on chart and Price Action.

Thinking what Price want to do is inviting uncertainties to your trading plan.

Look at the chart.

We are in range now.

Price are free to go whichever way she like and taking retailer money for free.

Until it break at the other side ( not a FO), then we can change to trend trading again.

Meanwhile, enjoy range trading.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,749
  • Feb 16, 2022 3:38am Feb 16, 2022 3:38am
Quoting Pat Chiko
{quote} I trade based on chart and Price Action. Thinking what Price want to do is inviting uncertainties to your trading plan. Look at the chart. We are in range now. Price are free to go whichever way she like and taking retailer money for free. Until it break at the other side ( not a FO), then we can change to trend trading again. Meanwhile, enjoy range trading. {image}
Pat, maybe rethink your SL since the DPP is at 1.3528, and it hasn't really formed a daily "tail" yet (at least on my charts)....
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Lost....
  • #9,750
  • Feb 16, 2022 3:43am Feb 16, 2022 3:43am
Cancan?
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  • #9,751
  • Feb 16, 2022 3:53am Feb 16, 2022 3:53am
Quoting Pat Chiko
{quote} I trade based on chart and Price Action. Thinking what Price want to do is inviting uncertainties to your trading plan. Look at the chart. We are in range now. Price are free to go whichever way she like and taking retailer money for free. Until it break at the other side ( not a FO), then we can change to trend trading again. Meanwhile, enjoy range trading. {image}
UC also range mode pat.. but it did not making any new high..
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Peace Yo!
  • #9,752
  • Feb 16, 2022 3:56am Feb 16, 2022 3:56am
For gold fans.
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  • #9,753
  • Feb 16, 2022 4:02am Feb 16, 2022 4:02am
Quoting Waveskierrob
Under the sea update BE 12 x GU SHORT 1.3503
LATEST NEWS FLASH:- Still underwater, still waiting patiently
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  • #9,754
  • Feb 16, 2022 4:10am Feb 16, 2022 4:10am
P A T I E N C E

Plenty of folks have the patience for swing trading when swings are working but few have the patience to keep their account alive when they're not.

One of the big conversations I had with myself during my break was: are your time frames truly aligned with your patience?

I show you an example of how patience trade are made of.

If you learn from how other trades, you don't have to endure the pain they went thru.

The trade
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The trader entry
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The Trader Exit
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Above all else, even more important than fundamental analysis and technical analysis, discipline and patience are two quintessential traits in becoming a successful trader.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,755
  • Feb 16, 2022 4:16am Feb 16, 2022 4:16am
Quoting TrickorTrade
{quote} Giving trade another chance at 156.850 long
I was napping. Trade Hit TP 1:2.5 RR!!
TP was set at 157.100 strong resistance as well as M formation neckline on H4
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  • #9,756
  • Feb 16, 2022 4:17am Feb 16, 2022 4:17am
GU


Want to short at this triple resistance zone ?.

This is what I called BSZ (same function as Bull Shit Zone), but it is actually Break Stop Zone

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,757
  • Feb 16, 2022 4:22am Feb 16, 2022 4:22am
Quoting Waveskierrob
{quote} LATEST NEWS FLASH:- Still underwater, still waiting patiently {image}

I think I know this guy middle name.


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https://www.forexfactory.com/thread/post/13765781#post13765781

Sorry Your Grace.......

Joking Only
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,758
  • Feb 16, 2022 4:26am Feb 16, 2022 4:26am
Quoting Pat Chiko
P A T I E N C E Plenty of folks have the patience for swing trading when swings are working but few have the patience to keep their account alive when they're not. One of the big conversations I had with myself during my break was: are your time frames truly aligned with your patience? I show you an example of how patience trade are made of. If you learn from how other trades, you don't have to endure the pain they went thru. The trade {image} The trader entry{image} The Trader Exit {image} Above all else, even more important than fundamental analysis...
Thank you, dear Pat. I very rarely keep so long time. And this example was far from good, I know that.
As long as I saw the potential for a comeback down along with long closes at the top, I was in a trade.
However, what was, was. I went back to my intraday scalping.
  • #9,759
  • Feb 16, 2022 4:32am Feb 16, 2022 4:32am
Quoting Seysin32
{quote} Thank you, dear Pat. I very rarely keep so long time. And this example was far from good, I know that. As long as I saw the potential for a comeback down along with long closes at the top, I was in a trade. However, what was, was. I went back to my intraday scalping.

YES Arseny, giving prime example of what the true meaning of patience.

YET, I'm compiling another super example on how another trader in this thread having SUPER PATIENCE with his trade ( since his moddle name is Patience).

This guy, are hard core trader and wonder how he hold his gut holding on to dozen of trade underwater.

I assume, he takes a lot of "Pain Killer" pills everyday to calm his mood.


P/S I hope you don't mind me showing you bad trade turned out becoming good trade with the power of patience.


Sincerely

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,760
  • Feb 16, 2022 4:37am Feb 16, 2022 4:37am
Hi pat chiko
How can I learn your trading method?
If there are resources for training I would be happy to share
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