I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
Cable Update (GBPUSD)
- #722,121
- Jan 20, 2023 2:27am Jan 20, 2023 2:27am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
- #722,124
- Jan 20, 2023 2:33am Jan 20, 2023 2:33am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #722,125
- Jan 20, 2023 2:35am Jan 20, 2023 2:35am
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
Data + Stat + Risk/Emotions Management
- #722,126
- Jan 20, 2023 2:37am Jan 20, 2023 2:37am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
MIND SET and TRADING PLAN
To succeed ... a trader must have to give up the notion of trying to predict the market.
And until we realize that, we will consistently be a loser.
I've been there, done that.
All I see is, "So where do you think it's going to go?" or,
"So how many pips is it going to go?"
Ya know what that means when you ask that?
It means that you're not going to go into the trade with a plan.
Instead, you're relying on speculation of what people on a forum think is going to happen.
And they have no idea neither.
It's all cool to talk about rate hikes in general conversation, but I can guarantee that the things people are saying today will have an impact on people's trading decisions.
People come into forums and see a bunch of people saying, "Oh the yen is DEFINITELY bullish!", and subconsciously, whether they know it or not, that will push them in that direction when the rate is announced.
And then what happens if it jumps a measly 20 pips, but then whipsaws back for 35, takes out your stop, then reverses back down for 100?
What do you do?
Have you moved your initial stoploss to breakeven if you're trading this on short term intervals?
Do you have a plan?
Think about that folks.
(And no, you don't have a plan if you have to ask people where it's going to go and how many pips it's going to go...and if that's the case, you should not be trading.)
Ok... I'm done ranting.
Time for my smoke.............
To succeed ... a trader must have to give up the notion of trying to predict the market.
And until we realize that, we will consistently be a loser.
I've been there, done that.
All I see is, "So where do you think it's going to go?" or,
"So how many pips is it going to go?"
Ya know what that means when you ask that?
It means that you're not going to go into the trade with a plan.
Instead, you're relying on speculation of what people on a forum think is going to happen.
And they have no idea neither.
It's all cool to talk about rate hikes in general conversation, but I can guarantee that the things people are saying today will have an impact on people's trading decisions.
People come into forums and see a bunch of people saying, "Oh the yen is DEFINITELY bullish!", and subconsciously, whether they know it or not, that will push them in that direction when the rate is announced.
And then what happens if it jumps a measly 20 pips, but then whipsaws back for 35, takes out your stop, then reverses back down for 100?
What do you do?
Have you moved your initial stoploss to breakeven if you're trading this on short term intervals?
Do you have a plan?
Think about that folks.
(And no, you don't have a plan if you have to ask people where it's going to go and how many pips it's going to go...and if that's the case, you should not be trading.)
Ok... I'm done ranting.
Time for my smoke.............
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #722,127
- Jan 20, 2023 2:41am Jan 20, 2023 2:41am
MIND SET and TRADING PLAN To succeed ... a trader must have to give up the notion of trying to predict the market. And until we realize that, we will consistently be a loser. I've been there, done that. All I see is, "So where do you think it's going to go?" or, "So how many pips is it going to go?" Ya know what that means when you ask that? It means that you're not going to go into the trade with a plan. Instead, you're relying on speculation of what people on a forum think is going to happen. And they have no idea neither. It's all cool to talk...
“Stops don’t limit profits — they prevent disasters.”
- #722,128
- Jan 20, 2023 2:43am Jan 20, 2023 2:43am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
{quote} This was last night signal. Precise and accurate. Match with my S&R trade zone. {quote} This is another sniper call. Price spike up @LO, to add more short position. Seriously, I admire your skill in snipe those sharp entries. The above just only two of recnt example. Further back in time line ,you've demonstrate it well too. VWAP..... one day, I will make time to learn it. Thanks pipcenturion and Keep up the good works here.
Phenomenal calls more often than not.
Good work indeed
!! Radha Radha !!
- #722,134
- Jan 20, 2023 2:54am Jan 20, 2023 2:54am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} You should write a book Pat! I would buy it!
Some post a Hind Sight trades after all dust settle seems to be the best trade in this millennial (that was hilarious).
Then comes,posters with idle speculation that is nothing more than gossip,unsubstantiated, idle, BS, wishfull thinking.....
DEFINETLY not a trading plan.
If all us can do is speculate, we may as well flip a coin.
That's what Waveskie jokes is all about.....
BTW previous my post clearly identifies a major reason most traders lose.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #722,136
- Jan 20, 2023 2:56am Jan 20, 2023 2:56am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #722,137
- Jan 20, 2023 2:56am Jan 20, 2023 2:56am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #722,139
- Jan 20, 2023 2:57am Jan 20, 2023 2:57am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #722,140
- Jan 20, 2023 2:58am Jan 20, 2023 2:58am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER