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There are some really good traders in FF, but the ones that are followed most, seldom show the true story, they always seem to enter at the very best level, seldom showing their stops and suddenly another chart posted showing huge returns in the opposite direction, no mention of the huge loss on the initial entry. No wonder they go silent when we have a day like yesterday..
Bilia1947 on one minute trading asks if those who follow his thread if they know the secret to success. A little research is Control Losses, the profits will take care of themselves if one is not too greedy, I take my hat off to him.
Real succesfful traders will tell you, stay away from chat rooms alltogeather, good advise imho.
Have a good weekend.
DislikedSwede I had a similar problem with the Dax a while ago, at one stage it was really hurting but in the past I have always managed to stay with it and get out smiling, but this time it just would not bounce enough, so admitted defeat and bailed out on a 50% pullback Yes it did damage money wise, but to my confidence more so So to be fair seeing your honest posts I applaud you for pulling it , although annoying price action afterwards , you were left with a clear head to trade again when you felt the time was right, I ended stuck for a number of days...Ignored
Bilia1947 on one minute trading asks if those who follow his thread if they know the secret to success. A little research is Control Losses, the profits will take care of themselves if one is not too greedy, I take my hat off to him.
Real succesfful traders will tell you, stay away from chat rooms alltogeather, good advise imho.
Have a good weekend.
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