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Cable Update (GBPUSD)

  • #762,401
  • Jul 30, 2023 2:14am Jul 30, 2023 2:14am
Quoting Cgpips
{quote} Hi Ferna, I know you wrote this out of goodwill. But I feel more like a haunted story. not quite like here. I'm a little like you , would be suspicious about forex environment at first. After I've had some more study and live trading experience, I know there're things that are common and I should change my preconception, and find ways to overcome some inevitable bad conditions. I love the free books trading skill that have been shared here, I will study all , pick up what I want and test on Demo Account for a while. Then I would know what...
Cgpips you might mould your brain into a specific kind of thinking if you read the wrong book.
Japans most successful daytrader lived isolated in a room, and said the only reason for his success was not taking in all the noise rather to filter it out.

It is much harder to unlearn something than it is to learn it.
For me there are two variables that exist: Time and price.

All the other stuff is marketing.
You have an IQ lower than 90 if you interact with this user.
  • #762,402
  • Jul 30, 2023 2:26am Jul 30, 2023 2:26am
Quoting Ferna
{quote} Cgpips you might mould your brain into a specific kind of thinking if you read the wrong book. Japans most successful daytrader lived isolated in a room, and said the only reason for his success was not taking in all the noise rather to filter it out. It is much harder to unlearn something than it is to learn it. For me there are two variables that exist: Time and price. All the other stuff is marketing.
Please please re read your post, then look up the word "conradiction"...
  • #762,403
  • Jul 30, 2023 2:32am Jul 30, 2023 2:32am
Quoting Ferna
{quote} Cgpips you might mould your brain into a specific kind of thinking if you read the wrong book. Japans most successful daytrader lived isolated in a room, and said the only reason for his success was not taking in all the noise rather to filter it out. It is much harder to unlearn something than it is to learn it. For me there are two variables that exist: Time and price. All the other stuff is marketing.
I'm free style learning what I can absorb and count on live practice. so that won't be a problem for me.
  • #762,404
  • Jul 30, 2023 2:54am Jul 30, 2023 2:54am
Personally i think we all need agree to disagree. No one method or strategy fits all. There are thousands and thousands of ways to trade. Unlike Caleb i have not got to the point of having 100% winners ( I hope someday i can ). I would rather take a loss on my losing trades than try to get out @breakeven by adding positions and maybe taking more heat, but thats just me and my style. What works well for me i stick with.

100% winning trades would be really nice even only on a 3mnth run but this still eludes me somehow. Maybe i need a new approach Anyway i will just stick with my yellow lines and green n red circles


Looking forward to this weeks trading. Hope you all have an awesome week

Gotta get my coffee fix. laterz
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  • #762,405
  • Jul 30, 2023 2:57am Jul 30, 2023 2:57am
It takes years of analyzing charts and data to know that 99% of the charts posted in here are bullshit.
Trade at your own risk.
  • #762,406
  • Jul 30, 2023 2:59am Jul 30, 2023 2:59am
Also, if you ever picked up a currency trading book you would know that successful traders don't smoke and drink alcohol all week like the people in this thread who are posting all their bullshit charts.

I wouldn't be surprised if they were working for a third party just to keep spying on everybody.
Trade at your own risk.
  • #762,407
  • Jul 30, 2023 3:00am Jul 30, 2023 3:00am
Quoting Fx3423454
It takes years of analyzing charts and data to know that 99% of the charts posted in here are bullshit.
Yup especially mine, but i try
  • #762,408
  • Jul 30, 2023 3:00am Jul 30, 2023 3:00am
Quoting Waveskierrob
{quote} "The diference between trading and gambling is being able to work out mathematically the outcome". So you are saying a coin toss is trading...
No, it is not, because the price in financial time series does not follow a random walk. Nor is the price normally distributed around a stationary mean.
To free Gazans of Hamas, use whatever it takes.
  • #762,409
  • Jul 30, 2023 3:02am Jul 30, 2023 3:02am
Quoting Fx3423454
Also, if you ever picked up a currency trading book you would know that successful traders don't smoke and drink alcohol all week like the losers in this thread who are posting all their bullshit charts. I wouldn't be surprised if they were working for a third party just to keep on spying on everybody.
I smoke but never drink, just never got the taste for drink for some reason. But i have had other vices along the road
  • #762,410
  • Jul 30, 2023 3:07am Jul 30, 2023 3:07am
Quoting DrDave
{quote} No, it is not because the price in financial time series does not follow a random walk. Nor is the price normally distributed around a stationary mean.
You do know I was quoting on Robinhood post and I haven't a clue what you are on about ...
  • #762,411
  • Jul 30, 2023 3:08am Jul 30, 2023 3:08am
Quoting Fx3423454
It takes years of analyzing charts and data to know that 99% of the charts posted in here are bullshit.
Perhaps for the exceptionally slow and the dim-witted that is true, but for the person of average intelligence, even with English as a second language, merely reading a few hundred consecutive posts on a thread such as this one will have his bullshit detector blaring fullest alarm over-and-over.
To free Gazans of Hamas, use whatever it takes.
  • #762,412
  • Jul 30, 2023 3:11am Jul 30, 2023 3:11am
Quoting Waveskierrob
{quote} You do know I was quoting on Robinhood post and I haven't a clue what you are on about ...
1. Yes
2. I, as well as many others here, am certain that you don't.
To free Gazans of Hamas, use whatever it takes.
  • #762,413
  • Jul 30, 2023 3:16am Jul 30, 2023 3:16am
Quoting Fx3423454
Also, if you ever picked up a currency trading book you would know that successful traders don't smoke and drink alcohol all week like the people in this thread who are posting all their bullshit charts. I wouldn't be surprised if they were working for a third party just to keep spying on everybody.
I wouldn't be surprised if they were working for a third party just to keep spying on everybody.

Paranoid comes to mind
  • #762,414
  • Jul 30, 2023 3:17am Jul 30, 2023 3:17am
Quoting DrDave
{quote} 1. Yes 2. I, as well as many others here, am certain that you don't.
Please explain...
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  • #762,415
  • Jul 30, 2023 3:23am Jul 30, 2023 3:23am
Quoting T721
{quote} I wouldn't be surprised if they were working for a third party just to keep spying on everybody. Paranoid comes to mind
yes! He dont smoke and drink and also dont fucking just jerking
People don't plan to lose. They lose because they don't plan.
  • #762,416
  • Jul 30, 2023 3:26am Jul 30, 2023 3:26am
Quoting ScalaFX
{quote} yes! He dont smoke and drink and also dont fucking just jerking
LMFAO
  • #762,417
  • Jul 30, 2023 3:31am Jul 30, 2023 3:31am
Quoting Waveskierrob
{quote} A little vain, there has always been drama before you arrived, when you disappeared and it will carry on now you are back, sorry to say "its not all about you"...
Yes, clearly it is not about me. I agree with you. Yet you are in the center of all the dramas mate. Some things just click so right
You have to have an IQ higher than 90 to interact with this user.
  • #762,418
  • Jul 30, 2023 3:36am Jul 30, 2023 3:36am
Quoting Nordling
{quote} Yes, clearly it is not about me. I agree with you. Yet you are in the center of all the dramas mate. Some things just click so right
...and so it goes on, funny those who complain about the drama on this thread certainly go out of their way to create it...nuff said...
  • #762,419
  • Jul 30, 2023 3:40am Jul 30, 2023 3:40am
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #762,420
  • Jul 30, 2023 3:42am Jul 30, 2023 3:42am
Quoting Robinhood1
{quote} Are the banks still on your side Buddy. I can bring out your post if necessary. Have you really been away? Or just your nick
It is kinda sad to hear this from you buddy. I know i was harsh and arrogant and all, but i was real

Banks, well, let's say i am trying to be on their side
You have to have an IQ higher than 90 to interact with this user.
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