Plan your trades and trade your plan.
Cable Update (GBPUSD)
- #692,524
- Oct 6, 2022 5:16am Oct 6, 2022 5:16am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
another 35 pips 
yes yes yes
- #692,525
- Oct 6, 2022 5:16am Oct 6, 2022 5:16am
- Joined Apr 2020 | Status: Trader | 8,808 Posts
Trader with an Edge.
- #692,526
- Oct 6, 2022 5:17am Oct 6, 2022 5:17am
- Joined May 2022 | Status: I'm Done | 2,577 Posts
{quote} Hey Wolf, you're choking me with my long scalp position. I can't breath.... might as well you just bite me and I become Warewolf........BTW... you've taken good short, unti you TP , it's still anybody money... Take care Wolf, and sharpen your fang...
Thanks Pat! You taught us how to scalp, so this win's on you buddy!
- #692,527
- Oct 6, 2022 5:19am Oct 6, 2022 5:19am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} Hahahah
More time in the market, does not mean you trade better!
- #692,528
- Oct 6, 2022 5:21am Oct 6, 2022 5:21am
Do you remember that I had 400 dollars after withdrawing 885 dollars and then because I got into bad trades I canceled the withdrawal? So since then I went down to a total of 800 and then I went up to 1220 and yesterday I went down to 840 again, then today the handle was caught and I closed all the transactions with a total balance of $1394, a profit of $110 on what I had at the beginning A total of $1952 profit from a $140 deposit yes yes yes !!now withdrawing 1000 $
- #692,529
- Oct 6, 2022 5:22am Oct 6, 2022 5:22am
- Joined Aug 2008 | Status: Trader | 3,990 Posts
Do you remember that I had 400 dollars after withdrawing 885 dollars and then because I got into bad trades I canceled the withdrawal? So since then I went down to a total of 800 and then I went up to 1220 and yesterday I went down to 840 again, then today the handle was caught and I closed all the transactions with a total balance of $1394, a profit of $110 on what I had at the beginning A total of $1952 profit from a $140 deposit yes yes yes !!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #692,530
- Oct 6, 2022 5:23am Oct 6, 2022 5:23am
- Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts
Pat Chiko mentioned that my timing of entry wasn't good a while ago, and he is correct. In the smoother market my plan of trading works well, but in this type of market, it needs help. The plan is still good, the direction is correct, the entry needs work though! I have been doing some reviews over the past hour and I think I see my problem and a possible cure for it. I will do some more reviewing before I make any more trades. I didn't lost any pips this week, but the gain was small. Entry is something that may help that.
Thank you Pat for mentioning this problem area that I must work on.
I am still happy though, and you all are a very nice group of people. Thank you all
I will go and buy my cat T Shirt tomorrow and this too will help my trading
Thank you Pat for mentioning this problem area that I must work on.
I am still happy though, and you all are a very nice group of people. Thank you all
I will go and buy my cat T Shirt tomorrow and this too will help my trading
I am neither brave nor stupid...I am just a part time trader
Do you remember that I had 400 dollars after withdrawing 885 dollars and then because I got into bad trades I canceled the withdrawal? So since then I went down to a total of 800 and then I went up to 1220 and yesterday I went down to 840 again, then today the handle was caught and I closed all the transactions with a total balance of $1394, a profit of $110 on what I had at the beginning A total of $1952 profit from a $140 deposit yes yes yes !!
best wishes for you and your pocket
create trade explorer for helping other traders plz
RedcaT 3003
25k Return This Week:
na
- #692,532
- Oct 6, 2022 5:27am Oct 6, 2022 5:27am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
I just had a look around at other GBY crosses, and they are all jumpy, like GU. I seem to have a lot of trouble with this kind of action, so I stay out. Other pairs, AU, NU etc are much smoother. I see GU jumped down now, but I can't see that. In my scaredy cat mind it could easily have jumped up. So jumpy action is hard for me still
To free Gazans of Hamas, use whatever it takes.
- #692,534
- Oct 6, 2022 5:30am Oct 6, 2022 5:30am
Do you remember that I had 400 dollars after withdrawing 885 dollars and then because I got into bad trades I canceled the withdrawal? So since then I went down to a total of 800 and then I went up to 1220 and yesterday I went down to 840 again, then today the handle was caught and I closed all the transactions with a total balance of $1394, a profit of $110 on what I had at the beginning A total of $1952 profit from a $140 deposit yes yes yes !!
- #692,535
- Oct 6, 2022 5:31am Oct 6, 2022 5:31am
- Joined Apr 2020 | Status: Trader | 8,808 Posts
Trader with an Edge.
- #692,537
- Oct 6, 2022 5:32am Oct 6, 2022 5:32am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,476 Posts
I am suffering from severe PE 
, I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hits however whenever I TP a small profit.... it goes for a healthy run. Please help. 
, I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hits however whenever I TP a small profit.... it goes for a healthy run. Please help. Success = Practice + Patience + Persistence
- #692,538
- Oct 6, 2022 5:33am Oct 6, 2022 5:33am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
I just had a look around at other GBY crosses, and they are all jumpy, like GU. I seem to have a lot of trouble with this kind of action, so I stay out. Other pairs, AU, NU etc are much smoother. I see GU jumped down now, but I can't see that. In my scaredy cat mind it could easily have jumped up. So jumpy action is hard for me still
That is why you have a stop loss. You decide how much money you are CONFORTABLE losing, figure the associated lot size/SL position and TP, then just let it do whatever it decides to do.
Sometimes the cat pounces on the mouse and it's quick success.
Other times, the mouse puts up a struggle and the cat has to do some additional gymnastics to finally get the mouse. 
And occasionally, the mouse manages to run away. 
To free Gazans of Hamas, use whatever it takes.
- #692,539
- Edited 7:27am Oct 6, 2022 5:34am | Edited 7:27am
- Joined Oct 2010 | Status: Trader | 21,483 Posts
Will be back in NY session.
But may not trade much.
We booked a movie ticket.
But may not trade much.
We booked a movie ticket.
Intraday only.
- #692,540
- Oct 6, 2022 5:36am Oct 6, 2022 5:36am
- Joined Dec 2019 | Status: Going with the flow | 2,033 Posts
A total of $1952 profit from a $140 deposit
Excellent work. But just an idea... celebrate, for sure! But why not keep cool, withdraw a modest $280 (Your deposit plus %100), Then scale up your trading and trade with the $1672 in exactly the same way. Then when you get to $3904, withdraw $560, trade with the $3344... copy, paste, copy paste...
People blow up because they make big withdrawals and trade a small account. Keep cool and dream big. You will be amazed how much you can make
Excellent work. But just an idea... celebrate, for sure! But why not keep cool, withdraw a modest $280 (Your deposit plus %100), Then scale up your trading and trade with the $1672 in exactly the same way. Then when you get to $3904, withdraw $560, trade with the $3344... copy, paste, copy paste...
People blow up because they make big withdrawals and trade a small account. Keep cool and dream big. You will be amazed how much you can make
Emotional Control. Process, not outcome.