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Cable Update (GBPUSD)

  • #689,381
  • Sep 29, 2022 1:46am Sep 29, 2022 1:46am
Quoting WizardTrade
{quote} Noobs trust indicators more than price and go all in and then they lose That's the whole story
Thanks for an example showing that it is not the indicators that are at fault, as I said previously.
To free Gazans of Hamas, use whatever it takes.
  • #689,382
  • Sep 29, 2022 1:47am Sep 29, 2022 1:47am
Quoting DrDave
{quote} I think that too many traders focus on trying to make gains, measured in whatever way, rather than focusing on trying not to make losses , measured in whatever way.
Protecting the gains is of utmost importance. Cant stress enough
WARNING: This post warps space and time in its vicinity.
  • #689,383
  • Sep 29, 2022 1:48am Sep 29, 2022 1:48am
Quoting WizardTrade
{quote} Noobs trust indicators more than price and go all in and then they lose That's the whole story
Whole story and end of story!
More time in the market, does not mean you trade better!
  • #689,384
  • Sep 29, 2022 1:48am Sep 29, 2022 1:48am
Quoting DrDave
{quote} I think most people would agree that percentages don't smooth over losing 100% of $50,000 compared to losing 100% of 50,000 pennies.
Hi, I am trying to make the point of.
If i said i made 200% last week , you'd say WOW , if i then said that, 200% equated to £100 , i am sure you would feel let down.
Any trade success should be measured in percentage.
If you lose 100% as you posted, it doesnt matter if thats £50 or £50k, its a shit method.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #689,385
  • Sep 29, 2022 1:50am Sep 29, 2022 1:50am
Quoting DrDave
{quote} Thanks for an example showing that it is not the indicators that are at fault, as I said previously.
But indicators partly provide grounds (assumptions based on price) for loses to newbies you will agree to it. Otherwise the price is in its purest form also an indicator of intrinsic value
WARNING: This post warps space and time in its vicinity.
  • #689,386
  • Sep 29, 2022 1:51am Sep 29, 2022 1:51am
Quoting RaHaG0D
Long at 1.07738 . TP : 25P I will add again if the price goes down
The price didn't come lower - hit the target with a trade, today's work is over. Good day everyone
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There is nothing wrong with being kind & loving to each other
  • #689,387
  • Sep 29, 2022 1:52am Sep 29, 2022 1:52am
Quoting RaHaG0D
{quote} The price didn't come lower - hit the target with a trade, today's work is over. Good day everyone {image}
Happy for you mate. My bullish tanks are rolling towards the battlefield
WARNING: This post warps space and time in its vicinity.
  • #689,388
  • Sep 29, 2022 1:52am Sep 29, 2022 1:52am
betting on 1.10
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  • #689,389
  • Sep 29, 2022 1:53am Sep 29, 2022 1:53am
Quoting billytt
{quote} Hi, I am trying to make the point of. If i said i made 200% last week , you'd say WOW , if i then said that, 200% equated to £100 , i am sure you would feel let down. Any trade success should be measured in percentage. If you lose 100% as you posted, it doesnt matter if thats £50 or £50k, its a shit method. Trade well.
You have missed my point entirely.
To free Gazans of Hamas, use whatever it takes.
  • #689,390
  • Sep 29, 2022 1:53am Sep 29, 2022 1:53am
Quoting PatienceFx
betting on 1.10 {image}
I am betting on Liz Truss Pat is a witness
WARNING: This post warps space and time in its vicinity.
  • #689,391
  • Sep 29, 2022 1:55am Sep 29, 2022 1:55am
Quoting billytt
{quote} Hi, I am trying to make the point of. If i said i made 200% last week , you'd say WOW , if i then said that, 200% equated to £100 , i am sure you would feel let down. Any trade success should be measured in percentage. If you lose 100% as you posted, it doesnt matter if thats £50 or £50k, its a shit method. Trade well.
Well said
The more the money gets, the smaller the % return and more difficult it gets to achieve >100% return.
Hedge Funds/ banks have only 50-75% return/year but considered to be the BEST performing of the year
More time in the market, does not mean you trade better!
  • #689,392
  • Sep 29, 2022 1:56am Sep 29, 2022 1:56am
Quoting Yngwie
Long 1.0764 SL 1.0740

GU

Copy trade.
scalp long
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #689,393
  • Sep 29, 2022 1:57am Sep 29, 2022 1:57am
Quoting WizardTrade
{quote} But indicators partly provide grounds (assumptions based on price) for loses to newbies you will agree to it. Otherwise the price is in its purest form also an indicator of intrinsic value
You've missed my point. It is not the indicator that is the problem in this scenario. The untrained noob is his own worst enemy, not some indicator.
To free Gazans of Hamas, use whatever it takes.
  • #689,394
  • Sep 29, 2022 1:57am Sep 29, 2022 1:57am
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morning sold and bought over night auto trader
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  • #689,395
  • Sep 29, 2022 1:58am Sep 29, 2022 1:58am
Quoting Pat Chiko
{quote} GU Copy trade. scalp long{image}
Any idea where to put the TP bro.
More time in the market, does not mean you trade better!
  • #689,396
  • Sep 29, 2022 2:00am Sep 29, 2022 2:00am
Quoting DrDave
{quote} You've missed my point. It is not the indicator that is the problem in this scenario. The untrained noob is his own worst enemy, not some indicator.
But the noob doesn't know s/he is noob.
WARNING: This post warps space and time in its vicinity.
  • #689,397
  • Sep 29, 2022 2:02am Sep 29, 2022 2:02am
Quoting Indiara
I put a Sell Limit on UJ at 144.970....just in case Kuroda San has a fit {image}
It is approaching 145, you think BOJ will try the defend that level?
More time in the market, does not mean you trade better!
  • #689,398
  • Sep 29, 2022 2:04am Sep 29, 2022 2:04am
Joe Biden issues advice to American citizens in Russia to leave the country

Normally this advice is given 7 days before a major event
  • #689,399
  • Sep 29, 2022 2:04am Sep 29, 2022 2:04am
Short 1.0810
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #689,400
  • Sep 29, 2022 2:05am Sep 29, 2022 2:05am
Quoting Fardeen1209
{quote} It is approaching 145, you think BOJ will try the defend that level?
Maybe. If the price heads up there is a rush, maybe BOJ will act. If it creeps up there slowly, maybe not. I can see it maybe getting to 146, but I don't think it will be allowed to go more. Just my thoughts based on not much!!
I am neither brave nor stupid...I am just a part time trader
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