Will short Next week from further up
POSTMASTER
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Cable Update (GBPUSD)
- #768,341
- Aug 18, 2023 11:52am Aug 18, 2023 11:52am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #768,342
- Aug 18, 2023 11:58am Aug 18, 2023 11:58am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
FTSE --- did i mention i love my Yellow linessomeone didnt, cant remember who dont matter {image} {image}
- #768,343
- Aug 18, 2023 12:03pm Aug 18, 2023 12:03pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
UJ This is hindsight post. Didn't include in my real time posting. Sharing the thougt process in making those trades.{image} {image} {image}{image}
- #768,344
- Aug 18, 2023 12:06pm Aug 18, 2023 12:06pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Banked half my FTSE couple of days ago still holding half still making that coin...you are now my official FTSE guru...
- #768,345
- Aug 18, 2023 12:06pm Aug 18, 2023 12:06pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} Go on Pat
Losing a trades
One thing I'd like to stress is the mental side of it all.
Following all the advice in this thread is great, as long as you are prepared to take frequent, small, losses.
I see countless (potentially excellent) systems and accounts blow up simply because the trader was not willing to take a loss.
A trade goes into loss (nothing special about that!).
The trader starts rationalising, procrastinating, hoping it will turn, etc, etc, etc.
Let's be honest.
Who hasn't done that to themselves?
If you had cut at the initial stop, all would have been OK.
Just a regulation loss that can be made up next time.
Instead we are out of the game and poor.
All because we didn't want to take a loss, to accept we were wrong.
Let your ego go.
Being wrong is an inherent part of the game.
Taking small losses is an inherent part of the game and keeps you in the game.
Good risk management and mental discipline does this for you.
Take care Bro, and trade well.
Next week you going to do better than this week
Best Regards
PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #768,346
- Aug 18, 2023 12:10pm Aug 18, 2023 12:10pm
- Joined May 2022 | Status: Trader | 8,035 Posts
golds breaking down and will bring GU with it...im on fence whether to short...ill probably just enjoy the weekend and spend the money i made today 
short trump and go long the deepstate
- #768,347
- Aug 18, 2023 12:14pm Aug 18, 2023 12:14pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} You, really mean it ? GO on in losing that trades.?.............
- #768,348
- Aug 18, 2023 12:16pm Aug 18, 2023 12:16pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} Banked half my FTSE couple of days ago still holding half still making that coin...you are now my official FTSE guru...
i closed all mine just shy of bottom, 11pips too early but it was much monies 
- #768,349
- Aug 18, 2023 12:16pm Aug 18, 2023 12:16pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
golds breaking down and will bring GU with it...im on fence whether to short...ill probably just enjoy the weekend and spend the money i made today
More time in the market, does not mean you trade better!
- #768,350
- Aug 18, 2023 12:18pm Aug 18, 2023 12:18pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} isn't it funny when you post profits they say it photoshopped but when post losing trades the say " haha you lost money" ...which is to to be you can't have both ...
More time in the market, does not mean you trade better!
- #768,351
- Aug 18, 2023 12:18pm Aug 18, 2023 12:18pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} {image}
do you know that you're one of the most hated person in the UK for a while…at least until Liz Truss came along…
now you're second to her.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #768,352
- Aug 18, 2023 12:18pm Aug 18, 2023 12:18pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote}
- #768,353
- Aug 18, 2023 12:18pm Aug 18, 2023 12:18pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} isn't it funny when you post profits they say it photoshopped but when post losing trades the say " haha you lost money" ...which is to to be you can't have both ...
- #768,354
- Aug 18, 2023 12:22pm Aug 18, 2023 12:22pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} {image}
- #768,355
- Aug 18, 2023 12:23pm Aug 18, 2023 12:23pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Hey Waveskie, do you know that you're one of the most hated person in the UK for a while…at least until Liz Truss came along… now you're second to her.....{image}
- #768,356
- Aug 18, 2023 12:25pm Aug 18, 2023 12:25pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} I dont see how anyone could doubt our ftse trade pal. i walked everyone thru it step by step ---- But we probably will get someone ---- CANT PLEASE ALL THE PEOPLE ALL THE TIME SOFUCKEM !!
...its all they know...
- #768,357
- Aug 18, 2023 12:26pm Aug 18, 2023 12:26pm
- Joined May 2022 | Status: Trader | 8,035 Posts
golds breaking down and will bring GU with it...im on fence whether to short...ill probably just enjoy the weekend and spend the money i made today
i didnt short but ill take the credit for making the top call for the day
short trump and go long the deepstate
- #768,358
- Aug 18, 2023 12:27pm Aug 18, 2023 12:27pm
- Joined May 2022 | Status: Trader | 8,035 Posts
short trump and go long the deepstate
- #768,359
- Aug 18, 2023 12:28pm Aug 18, 2023 12:28pm
- Joined Sep 2019 | Status: Trader | 1,979 Posts
{quote} You, really mean it ? GO on in losing that trades.?.............
Great weekend all!!
- #768,360
- Aug 18, 2023 12:29pm Aug 18, 2023 12:29pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} isn't it funny when you post profits they say it photoshopped but when post losing trades the say " haha you lost money" ...which is to to be you can't have both ...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104