Who Got Rich and Who Got Burned? 9 replies
short on eur/us..my entry order got blown by 11 replies
I got 300 pips today 10 replies
Got 30 or so minutes to spare? 32 replies
Disliked3019 short hit TP for 10 pips. Key support at 3002. I feel like going long again but that would break my rule of not having 4 longs open (Max is 3). It'll probably cost me.Ignored
You have a very interesting thread. While i'd like to disagree with Phil on SLs, coz when you've been in it for so long, you'll realise that all these really depends on the trader, heck what the books are telling coz they help you on the road to success, but when you already know the road your walking on, its a really different level of trading. You are not wrong until you decide that you are wrong. On the other note, you dun need those SLs coz ur not worried abt blowing this account, yes but.......
Its also good to know that you will also wanna note abt admitting that some trades are just not meant to be... on a psychological level, when you are already down over a hundred pips, its good to know that it'll be better for you to eat the humble pie. Maybe your trade as right but your timing was just wrong...
Gd day and happy trading..yes trading should be fun, why trade if you don't have any passion for it?Ignored
Disliked13:30 GMT - in 35 minutes - is the release of the latest US Trade data (Nov), expected at a deficit of USD 59.9Bln, is widely expected to garner the direction for the pair for the latter part of the session. Elsewhere, the 1.2900 & 1.3000 strikes could also impact trading into the NY cut at 15:00 GMT.Ignored
DislikedI only want another 16 pips and I'd be a lot happier.Ignored