Cable Update (GBPUSD)
Good MM + sufficient equity + SL just above or below Major resistance will help cool emotion.
What is the average you make per month??
Point taken.....It aint luck on the demo, its the fear factor.....it the same platform, same brain making the decisions...Is just that with one I dont care and the other boy I more than wife it up...
Gonna leave it for now....then return.....
ure right it isnt an option....
Well guys,
I think just to make your nerves relax... try to use EA or automated trading instead of trading manually.
Most times you click the mouse and adjust/open a trade, you will be losing because you of the "what if" "i feel that" and so many other illusions that you imagine. Just write an EA then back test it then leave it to trade and go out...
I know it is hard but either you do this or you just take the rare signals with a high probability and thats not gonna give you much of a win.
I really believe that FOREX is for BIG GUYS only unless you trade with an automated method.
Well guys,
I think just to make your nerves relax... try to use EA or automated trading instead of trading manually.
Most times you click the mouse and adjust/open a trade, you will be losing because you of the "what if" "i feel that" and so many other illusions that you imagine. Just write an EA then back test it then leave it to trade and go out...
I know it is hard but either you do this or you just take the rare signals with a high probability and thats not gonna give you much of a win.
I really believe that FOREX is for BIG GUYS only unless you trade with an automated method.
Oh Micho ...I don't know of one trader in history who has become financially successful using an EA. Loeb, Buffett, Baruch, Darvas, Livermore, O'Neil, etc. - they didn't use "an EA".
If anyone can name one, I would love to know who it is. Until then, with all due respect, I think we should forget the crap that wannabes rave about (but who don't have the bank accounts to prove any success) and follow the advice of "the truly successful"
Rob
bro im the same ...it only one thing emotion....how to get rid of it is like saying how do u stop a child from crying when he/she is hurt, when u find a solution bro let me know..
what u could do thou , is trade a amount of money u really dont care about losing and hopefully yur demo result will translate ..
Micho, if you've got a EA that actually works pls share it.
But I wasted 6months trying to write a EA that works long term, I could get them that worked at times for certain market conditions but something would always go wrong and blow the account
And I'm a programmer
Share it, or stop blowing your trumpet !!!!
what u need a EA for ...
And thats with them tweaking the settings I think full time to.
Maybe because the successful EAs are not published. Otherwise I might be the first one to successful using one
Big guys can get 100+ per day because their money moves the market. Others will not be able to make such profits.
This is my opinion and my experience really, I am not talking in general.
What do you prefer, steady +250 average or losing your account slowly?
Micho, if you've got a EA that actually works pls share it.
But I wasted 6months trying to write a EA that works long term, I could get them that worked at times for certain market conditions but something would always go wrong and blow the account
And I'm a programmer
Share it, or stop blowing your trumpet !!!!
