MA provides the market's current direction and strength.
- #132,522
- Jul 1, 2022 6:01am Jul 1, 2022 6:01am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,525
- Jul 1, 2022 7:53am Jul 1, 2022 7:53am
- Joined Jan 2013 | Status: Trader | 4,386 Posts
MA provides the market's current direction and strength.
- #132,526
- Jul 1, 2022 8:00pm Jul 1, 2022 8:00pm
- Joined Jan 2013 | Status: Trader | 4,386 Posts
MA provides the market's current direction and strength.
- #132,527
- Jul 2, 2022 6:59pm Jul 2, 2022 6:59pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} I thought it will hit stop {image}
and the pull back was what some traders expected on both H4 and H1 knowing those gaps to fill stop orders
Next week Jul 04 to 08, and the following weeks ,
sell with TMS MEME EVO knowing the Weekly WCC High-Low 1.2333 and 1.1976, worst case Stop Loss is above WCC High.
GBPUSD Daily Big Picture as of New York Close Friday Jul01
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,528
- Jul 2, 2022 7:13pm Jul 2, 2022 7:13pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} i like your idea. Trade less. but im addicting to trading game. dont know what to do if no trading
You just need to trade once a day, pick one pair which is Market Type #1 Trending and you can be addicted to this Market Type#1 and make 10% every 20-trading days 20TDC. When you make 10% in less than 20-trading days, your start the new 2TDC again.
You objective is to hit 10% average 10 to 15 trading days.
In Jan and Feb, I hit twice 10% in an average 12.5days.
Trading the 20TDC, you can suffer many losing days, some losing weeks and even a losing month within a 36-months or the 3-years trading cycle 3YTC.
What is important is to be profitable at the end of the 3YTC, this way you will never be in that 95% of losers pool.
It's a trading marathon as people like to call that.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,529
- Jul 2, 2022 7:30pm Jul 2, 2022 7:30pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} I was just like you. Until i was done with losing all my profits because i was bored. In trading... boring is good. Wait for a valid setup, execute, take profit. Close the PC/laptop, go on and live your life. After a good/bad trading day, I like to go for a walk or swimming. Hope this help you.
.It is a process, a marathon, not a sprint..
Indeed profitable trading is a marathon and not a sprint for most.
Learning to trade like the OP took him 10+2+3 ... in all 15 years.
For those who starting out as beginners you need to reach the level of intermediate+ Big E' Post#3805.
If you spend 3 to 5 hours everyday for the next 2 to 3 years, I am sure you can make it to that level where taking clean trades would be a breeze. Post#2617
It does not need a lifetime to learn to trade and to be able to some money.
Below is one of my account started in Oct 2020, started at USD10,000. It is another 3-years trading cycle with a Trade Plan TMS EVO2020/2021/2022.
As of Jul01 NYClose, I am confident to reach my goal by end Sep2022 ... 24th month milestone.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,533
- Jul 3, 2022 6:35pm Jul 3, 2022 6:35pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,539
- Jul 4, 2022 12:56am Jul 4, 2022 12:56am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} that ll be me N you Emmanuel kaka if you change your money management, high risk high reward! that day will come faster
- #132,540
- Jul 4, 2022 1:23am Jul 4, 2022 1:23am
- Joined Jan 2013 | Status: Trader | 4,386 Posts
Still running
MA provides the market's current direction and strength.