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Cable Update (GBPUSD)

  • #788,301
  • Nov 6, 2023 10:21am Nov 6, 2023 10:21am
starting some short scalps on M1
2366
in wondering about yourself, you forgot what you came here to be part of
  • #788,302
  • Nov 6, 2023 10:21am Nov 6, 2023 10:21am
5 trades today
10 pips sl , 15 pips tp
You need to win only 2 from 5 to get be
You hit 3 , you are with 25 pips profit
4 will get you 50 pips profit
5 will get you 75
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yes yes yes
  • #788,303
  • Nov 6, 2023 10:23am Nov 6, 2023 10:23am
Quoting Coreg2004
Hello gamblers, how is your stress level today? .... {image}
I love GAMBLING, 5M TF
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Intraday Trading is an Art _ hoda
  • #788,304
  • Nov 6, 2023 10:27am Nov 6, 2023 10:27am
Quoting knkie
starting some short scalps on M1 2366
damn, first loss of the day.
Almost a perfect record

-2 pips
in wondering about yourself, you forgot what you came here to be part of
  • #788,305
  • Nov 6, 2023 10:31am Nov 6, 2023 10:31am
Quoting Coreg2004
Hello gamblers, how is your stress level today? .... {image}
Set all T.P @ 1.23494
without S.L.
Because, I am a gambler
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Intraday Trading is an Art _ hoda
  • #788,306
  • Nov 6, 2023 10:35am Nov 6, 2023 10:35am
Quoting hoda
{quote} Set all T.P @ 1.23494 without S.L. Because, I am a gambler {image}
Can you explain to me why you open so many position similar or near to each other at the same time ? Why is it useful ?
  • #788,307
  • Nov 6, 2023 10:49am Nov 6, 2023 10:49am
Quoting navk
closed /Closing my short trades. Target profit achieved. 2 % {image}
Gj.
Thats with prop?
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #788,308
  • Nov 6, 2023 10:52am Nov 6, 2023 10:52am
Quoting Orand
{quote} Can you explain to me why you open so many position similar or near to each other at the same time ? Why is it useful ?
1. My ac size big.
2. If price move 1000 pip's from my entry my ac always alive.
3. I use 2 E.A for entry and exit, I just click only one.... buy/sell. or exit.... E.A will manage all.
4. If price goes against my entry (very rare) ... I manage all entry by hedge and martingale. and close all by hedge with profit. Deferent Strategy.
Intraday Trading is an Art _ hoda
  • #788,309
  • Nov 6, 2023 10:56am Nov 6, 2023 10:56am
Quoting ChiForex
{quote} Most like 90+% of traders who loose are trading on low time frames. It's never an argument or even a doubt that higher time frames are almost stress free. However, whatever is working for you and if you're happy with that kind of life, stressful or not then your choice.

I use lower tr and still have less than 5 trades in a week

using lower tf doesn’t not mean u enter every candle, if you trade for a living you will master the tf that work with you mindset

you have found higher tf profitable for yourself doesn’t mean everyone will

higher tf is indeed profitable and also can lead to serious margin call if you don’t know how to use it
MY OPINION NOT FINANCIAL ADVISE
  • #788,310
  • Nov 6, 2023 11:09am Nov 6, 2023 11:09am
Quoting knkie
{quote} damn, first loss of the day. Almost a perfect record -2 pips
reenter short 2369
its working out now

im having a stunning day
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in wondering about yourself, you forgot what you came here to be part of
  • #788,311
  • Nov 6, 2023 11:17am Nov 6, 2023 11:17am
Re the t/f and stress debate. Some probably associate the lower t/'s as tending to see more 'gamblers' because there are more candles in the same amount of time as say 1hr, than 1 x 1hr, ....oh and gamblers need to get a fix, lol. I' dont think the stress thing is necessarily directly related to lower t/f's, it's more to do with any or all of the following:

a. Trading without a proven edge and not knowing the key historical performance stats of the edge to constantly monitor wether it is behaving 'normally.'
b. Being over-leveraged and trading at uncomfortable risk levels for the trader's psychology and/or unsuitable risk levels for the historical performance of the edge, be they known or worse, unknown.
c. Related to b. Above, trading with money you cant really afford to lose.

d. Not having developed the requisite psychological framework to trade that edge.

Ie: operating on lower t/f's tends to be a symptom, not the cause.
Trader with an Edge.
  • #788,312
  • Nov 6, 2023 11:27am Nov 6, 2023 11:27am
Quoting Headland
Re the t/f and stress debate. Some probably associate the lower t/'s as tending to see more 'gamblers' because there are more candles in the same amount of time as say 1hr, than 1 x 1hr, ....oh and gamblers need to get a fix, lol. I' dont think the stress thing is necessarily directly related to lower t/f's, it's more to do with any or all of the following: a. Trading without a proven edge and not knowing the key historical performance stats of the edge to constantly monitor wether it is behaving 'normally.' b. Being over-leveraged and trading at...

you can only get stressed when you are

over-leveraging
no specific strategy
chasing the market


for years now i have come to treat tradiing like my daily 6hrs job, so i created the time for it and every other thing
MY OPINION NOT FINANCIAL ADVISE
  • #788,313
  • Nov 6, 2023 12:01pm Nov 6, 2023 12:01pm
Quoting hoda
{quote} 1. My ac size big. 2. If price move 1000 pip's from my entry my ac always alive. 3. I use 2 E.A for entry and exit, I just click only one.... buy/sell. or exit.... E.A will manage all. 4. If price goes against my entry (very rare) ... I manage all entry by hedge and martingale. and close all by hedge with profit. Deferent Strategy.
What are the EA's you use for entry and exit?
  • #788,314
  • Nov 6, 2023 12:03pm Nov 6, 2023 12:03pm
Quoting ChiForex
{quote} Most like 90+% of traders who loose are trading on low time frames. It's never an argument or even a doubt that higher time frames are almost stress free. However, whatever is working for you and if you're happy with that kind of life, stressful or not then your choice.

save your breath LOL...youre dealing with compulsive personalities

every beginner starts out on 1 or 3 min scalping because they think small stops will save them money in the long run but what many dont realize is theyll end up dead by a thousand cuts they use full margin and leverage and take 30 trade signals that happen during a typical new york session and blow their account cause the losses mount and fook with their thinking

more experienced traders if they uase the 1 min do it for the thrill of gambling...i used to work at a horse race track and seen lots of those compulsive gamblers that had to have money on every race just like people on FF that have to be in a trade many times an hour cause thyll exhibit withdrawl symptoms if they wait 45 minutes for an hourly signal LOL

you may just get one or two trading signals on hourly or 4H charts but 50 to 60 on a 1 minute so easy to spot the compulsive groupies LOL
short trump and go long the deepstate
  • #788,315
  • Nov 6, 2023 12:14pm Nov 6, 2023 12:14pm
Quoting dantpm
{quote} What are the EA's you use for entry and exit?
Custom coding semi automatic with strategy.
Intraday Trading is an Art _ hoda
  • #788,316
  • Nov 6, 2023 12:15pm Nov 6, 2023 12:15pm
Quoting hoda
{quote} Set all T.P @ 1.23494 without S.L. Because, I am a gambler {image}
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If you believe in yourself anything is possible !!
  • #788,317
  • Nov 6, 2023 12:17pm Nov 6, 2023 12:17pm
Quoting hoda
{quote} Set all T.P @ 1.23494 without S.L. Because, I am a gambler {image}
Scalper .....Gambler win again......
without predicting...
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Intraday Trading is an Art _ hoda
  • #788,318
  • Nov 6, 2023 12:17pm Nov 6, 2023 12:17pm
Quoting hoda
{quote} Custom coding semi automatic with strategy.
nice

when i just started out, many years ago, i went straight to coding EAs.
It took a while before i realised one needs to comprehend trading strategies first and then write an EA.

i dont use EAs now cause i like the option of manually jumping in and out, but if you know what you are doing it can make life ALOT easier


i DO have small indis for calculating my RR and MM based on my SL and account.
in wondering about yourself, you forgot what you came here to be part of
  • #788,319
  • Nov 6, 2023 12:30pm Nov 6, 2023 12:30pm
this is another time today i feel foolish pointing things out to a room full of millionaire prop traders

heres a weekly and daily chart with a black line ...price closed above that may low and is bouncing on the line currently

if it closes above that blue line this week we'll definitely see my targets i posted earlier near 3000...but regardless price should touch that blue line unless some 3rd faction joins that fight over a worthless desert
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short trump and go long the deepstate
  • #788,320
  • Nov 6, 2023 12:35pm Nov 6, 2023 12:35pm
The big Shot
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