People don't plan to lose. They lose because they don't plan.
Cable Update (GBPUSD)
- #800,724
- Jan 5, 2024 4:31am Jan 5, 2024 4:31am
- Joined May 2017 | Status: Intermediate Trader | 6,412 Posts
Alright trying long on gold at 2046.5 targeting yesterday high 2050.6… lets see …
Extreme gut feeling trader
- #800,725
- Jan 5, 2024 4:31am Jan 5, 2024 4:31am
- Joined Jun 2020 | Status: NY flip project. Probability games | 3,521 Posts
Look right, we'll see the signs
- #800,726
- Jan 5, 2024 4:32am Jan 5, 2024 4:32am
- Joined Jul 2011 | Status: Hi hoo im back!! | 2,678 Posts
- #800,727
- Jan 5, 2024 4:36am Jan 5, 2024 4:36am
- Joined May 2021 | Status: Trader | 7,225 Posts
my target is 2644,, but im done with 2654. enough profit, so i wont trade nfp. good luck all {image}
People don't plan to lose. They lose because they don't plan.
- #800,728
- Jan 5, 2024 4:41am Jan 5, 2024 4:41am
- Joined Jun 2020 | Status: NY flip project. Probability games | 3,521 Posts
my target is 2644,, but im done with 2654. enough profit, so i wont trade nfp. good luck all {image}
1.266 is the lowest H4 OB. H1 1.266. Signs are there. Fresh Liquidity pools by D1. huhuhu... Where should GBPUSD going? Take a breath. make decisions.
Look right, we'll see the signs
- #800,730
- Jan 5, 2024 4:46am Jan 5, 2024 4:46am
- Joined Jul 2011 | Status: Hi hoo im back!! | 2,678 Posts
{quote} you are sure you wont trade nfp?
- #800,731
- Jan 5, 2024 4:50am Jan 5, 2024 4:50am
- Joined Apr 2020 | Status: Trader | 8,806 Posts
Trader with an Edge.
- #800,732
- Jan 5, 2024 4:50am Jan 5, 2024 4:50am
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} maybe with 0.01 lot
x1000 People don't plan to lose. They lose because they don't plan.
- #800,734
- Jan 5, 2024 4:54am Jan 5, 2024 4:54am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
{quote} you are sure you wont trade nfp?
o
MY OPINION NOT FINANCIAL ADVISE
- #800,735
- Jan 5, 2024 4:59am Jan 5, 2024 4:59am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
{quote} That's exactly why I don't like using stop losses. I have had too many similar experiences. So, I like to have some extra ammunition handy to sting those stop hunters and take their cake from them after they thought they got me. Oh, that's sweet then. It's why my system works. Wait to enter your best trades until after stop hunters do their thing. I caught the top of EUR/USD at 1.113, then the bottom at 1.09. I took the money the bulls invested at the top and the bears at the bottom. Instead of being the liquidity, take it for yourself....
I personally see mine as a wrong trade:
- I bought where I should have sold.
- I bought in the belief price would get higher
- I didn’t check where to put stop loss
- I even closed it most when I realised it was wrong but I let there a partial for what?
- I realised quite immediately it was wrong, but didn’t the opposite trade.
- I let it run even if I knew I was busy and not screening it
- I did nothing to avoid the loss. The only I did is to put a stop quite randomly while it clearly should have been far higher or far lower.
maybe I missed some points but as you can read…. Everything starts with “me”.
there is no one else than “me”.
anyway, everyone has an own personal strategy.
as long as it gives profits, then it’s ok.
90% of traders use TA, indicators and prediction
- #800,736
- Jan 5, 2024 4:59am Jan 5, 2024 4:59am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #800,738
- Jan 5, 2024 5:02am Jan 5, 2024 5:02am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #800,739
- Jan 5, 2024 5:04am Jan 5, 2024 5:04am
- Joined Jul 2011 | Status: Hi hoo im back!! | 2,678 Posts
{quote}
- #800,740
- Jan 5, 2024 5:10am Jan 5, 2024 5:10am
- Joined May 2021 | Status: Trader | 7,225 Posts
People don't plan to lose. They lose because they don't plan.