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New Cable Thread & Other Pairs

  • #181
  • Aug 25, 2023 6:49am Aug 25, 2023 6:49am
Quoting LifeRider
{quote} This is where the bugger decided to bounce: {image}
Stopped, or are we still going up?
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I have no clue where it's going
  • #182
  • Aug 25, 2023 6:59am Aug 25, 2023 6:59am
Quoting LifeRider
{quote} Stopped, or are we still going up? {image}
Who knows....it's the not knowing that makes it exciting...
  • #183
  • Aug 25, 2023 7:32am Aug 25, 2023 7:32am
Quoting Waveskierrob
{quote} Who knows....it's the not knowing that makes it exciting...
I'm good for excitement in my life. I need slow and steady returns whilst keeping my account protected from extreme DD.
I have no clue where it's going
  • #184
  • Aug 25, 2023 8:44am Aug 25, 2023 8:44am
Quoting Waveskierrob
{quote} ...yea tough old job...
Back to the waiting game ...can't win them all...
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  • #185
  • Aug 25, 2023 10:22am Aug 25, 2023 10:22am
The hardest thing for me is to let my winners run. I see that juicy equity and I want to keep it.
I have no clue where it's going
  • #186
  • Aug 25, 2023 10:27am Aug 25, 2023 10:27am
Quoting LifeRider
The hardest thing for me is to let my winners run. I see that juicy equity and I want to keep it.
With you on that one... something to think about..
  • #187
  • Aug 25, 2023 10:31am Aug 25, 2023 10:31am
Quoting Waveskierrob
{quote} With you on that one... something to think about..
I know, right? I've sat in DD for weeks. I've endured it. Why shouldn't I wait for profits to develop?
I have no clue where it's going
  • #188
  • Aug 25, 2023 10:41am Aug 25, 2023 10:41am
Quoting LifeRider
{quote} I know, right? I've sat in DD for weeks. I've endured it. Why shouldn't I wait for profits to develop?
The way I think about it right or wrong I don't know, but they say cut your losses and let your winners run, however 95% of traders lose money ?????, I like to think outside the box, all I can say is think for yourself and go on your own experiences ...
  • #189
  • Aug 25, 2023 10:53am Aug 25, 2023 10:53am
area between 1.2530 and 1.2410 is a good spot to buy.
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trading is like dancing, don't think and just listen to the music!
  • #190
  • Aug 25, 2023 10:54am Aug 25, 2023 10:54am
Quoting Waveskierrob
{quote} The way I think about it right or wrong I don't know, but they say cut your losses and let your winners run, however 95% of traders lose money ?????, I like to think outside the box, all I can say is think for yourself and go on your own experiences ...
The most money I have given to the market was when I religiously closed at stops. My DD was always the greatest and it made it difficult to trade my way out. Reducing my position size and spreading the distance between averaging the losing position and closing at break even when possible is what has worked best for me.
I have no clue where it's going
  • #191
  • Aug 25, 2023 10:57am Aug 25, 2023 10:57am
Quoting LifeRider
{quote}The most money I have given to the market was when I religiously closed at stops. My DD was always the greatest and it made it difficult to trade my way out. Reducing my position size and spreading the distance between averaging the losing position and closing at break even when possible is what has worked best for me.
Same here tiny lot size compared to bank is the best advice I can give to anyone
  • #192
  • Aug 25, 2023 11:01am Aug 25, 2023 11:01am
Quoting LifeRider
{quote}The most money I have given to the market was when I religiously closed at stops. My DD was always the greatest and it made it difficult to trade my way out. Reducing my position size and spreading the distance between averaging the losing position and closing at break even when possible is what has worked best for me.

I suggest that you have different 'stop loss levels' for different times of the day and if you are going to setup stop losses use hidden stop losses not stop losses that the MM's can see!
  • #193
  • Aug 25, 2023 11:42am Aug 25, 2023 11:42am
Been trading various instruments for decades, honestly can’t remember the last time I used a stoploss. Probably my early days of Forex trading when I treated it like backing horses, everything became easier when I realised it was about finding something that worked outside the norms.

Forex markets are more like gambling on the outcome after the release of a box of drunken toads IMO. Trade more like a broker would be my advice, but be careful following the advice of brokers. If stoplosses were called “we collect your money now” levels I wonder if they would be quite so widely used?
Sounds like a lot of screen time to me.
  • #194
  • Aug 25, 2023 3:19pm Aug 25, 2023 3:19pm
Quoting birdland
area between 1.2530 and 1.2410 is a good spot to buy. {image}
Weekly fibs support this
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I have no clue where it's going
  • #195
  • Aug 25, 2023 10:59pm Aug 25, 2023 10:59pm
Quoting dantpm
{quote} I suggest that you have different 'stop loss levels' for different times of the day and if you are going to setup stop losses use hidden stop losses not stop losses that the MM's can see!
hi can elaborate on hidden stop loss?
i feel that using an EA to do so is not particularly useful if small lots are traded.
most of us here are all small fish.
  • #196
  • Aug 26, 2023 10:32am Aug 26, 2023 10:32am
Hi all, just an quick update for tomorrows zoom... But first thanks to all above for keeping this thread going

Yesterday i did test positive for covid. Havent had covid b4 but hopefully it will go in 3 or 4days. Still have full intentions of doing zoom tomorrow depending on how bad it gets. Remember to record the session if you can that way you can keep going over it. I would advise you to watch it 30-50 times b4 you start putting your own hard earned money to work.

Best advice is to use 0.01 or 0.02 and no more for at least 3mnths till you fully understand how i trade ----- dont be stupid and go balls deep, you wont make it

Hopefully see you tomorrow
  • #197
  • Edited 3:28pm Aug 27, 2023 5:47am | Edited 3:28pm
Quoting T721
Hi all, just an quick update for tomorrows zoom... But first thanks to all above for keeping this thread going Yesterday i did test positive for covid. Havent had covid b4 but hopefully it will go in 3 or 4days. Still have full intentions of doing zoom tomorrow depending on how bad it gets. Remember to record the session if you can that way you can keep going over it. I would advise you to watch it 30-50 times b4 you start putting your own hard earned money to work. Best advice is to use 0.01 or 0.02 and no more for at least 3mnths till...
Take care , better relax drink more water, take healthy meals , nutrition supplements - VIT C 1000mg , NAC , VIT D3 125mcg (5,000 IU) , Probiotics . organic tea tree essential oil ( few drops inhaling and drink with water ) . Those are my tips for preventing covid.
Hope you getting well soon
  • #198
  • Aug 27, 2023 12:00pm Aug 27, 2023 12:00pm
https://us05web.zoom.us/j/3432007785...M3VVphalFtQT09
  • #199
  • Aug 27, 2023 12:42pm Aug 27, 2023 12:42pm
Quoting Cgpips
{quote} Take care , better relax drink more water, take healthy meals , nutrition supplements - VIT C 1000mg , NAC , VIT D , Probiotics . organic tea tree essential oil ( few drops inhaling and drink with water ) . Those are my tips for preventing covid. Hope you getting well soon
Thanks, i got some drops.
  • #200
  • Aug 27, 2023 12:44pm Aug 27, 2023 12:44pm
Hi zoom attendees, sorry i had to go thru everything quickly. Once i feel better we can zoom again and go thru each pair
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