Is that a blackhawk?
Maarten
- #23,043
- Aug 22, 2008 3:17pm Aug 22, 2008 3:17pm
- | Commercial User | Joined Mar 2008 | 9,081 Posts | Online Now
That my friend, is a killing machine. I flew them for several years, now i'm just a lover...
I trained under a mentor for about a year. Learned his way and still use a lot of that but have added other things to create my own rules. I have actually taught him some stuff now. My final test before going live was 20 straight days of trading. 2 trades each day for at least 5 pips. No negative trades. I turned my 100K demo act into 183K. After that I went live. It is very different and I had a bad month (Mar '08) that made me question everything, so I took a time out (Apr 'o8) , got back to basics and have been good ever since then. Trading real money is hard until you can separate the emotion. Believe it or not, too much info can be bad. It is easy to talk yourself out of a trade. If you believe in the technicals, then stick with that and trade what you see. If you follow fundamentals, then you are in for a wild ride because of all the news and all the opinions and things getting "cloudy". I keep an eye toward the fundies, but stick with the techno side. An example is Tuesday night when everyone here was saying buy. I saw sell on my charts and grabbed 160 pips on the dip before the buy became a good move Wed night into Thurs. Just my 2 pips ....
Thats everyones sentiment. They trade demo with great success but with real money, theres real emotions involved. I was definitely victim of that, and well known for growing $1,000 mini accounts into $50k within a 1-3 month span. When I went in for real...oh man, the feeling changed so much...i was guarding every penny, blaming brokers for spreads...all sorts of random stuff. Oh...those were the days.
I trade with fundamentals and technical entrys/exits now live, but the feeling is different. What I did was basically save up money that i considered lost. Makes it easy for me to have no emotional ties to it at all and makes trading easier...
- #23,047
- Aug 22, 2008 3:38pm Aug 22, 2008 3:38pm
Thats everyones sentiment. They trade demo with great success but with real money, theres real emotions involved. I was definitely victim of that, and well known for growing $1,000 mini accounts into $50k within a 1-3 month span. When I went in for real...oh man, the feeling changed so much...i was guarding every penny, blaming brokers for spreads...all sorts of random stuff. Oh...those were the days.
I trade with fundamentals and technical entrys/exits now live, but the feeling is different. What I did was basically save up money that i considered lost. Makes it easy for me to have no emotional ties to it at all and makes trading easier...
I was pretty lucky. Seems like another life now. I could still go do it, but once I got married and had kids, I lost the "edge". I used to go fangs out, hair on fire, 120 knots, 10 feet above the trees. I was a steely eyed flat belly and if you saw me comin', there was no point runnin' cause you would just die tired. Now I just drive the speed limit and go to bed after the 10 pm news.
LMAO
Live is much better now!!!
- #23,049
- Aug 22, 2008 3:49pm Aug 22, 2008 3:49pm
A buddy of mine is over in afghanistan right now. He is a big helicopter fan and one time he had the opportunity to go on a (how do you americans call that? a medi-vac right?) on a black hawk. It was the best day in his life , he said
If I make enough money trading, I may buy a helicopter someday. I'd buy a Twinstar, made by Eurocopter. I flew A-stars off shore in the Gulf of Mexico for a while and they are really nice to fly. The Twinstar is a twin engine and why have just one engine when you can have two? I hope your friend stays safe and comes home soon.
Not this one? A little bit expensive though. But it is probably the closest thing you can get to a real black hawk.
Don't forget to give me a ride when you have your helicopter
- #23,053
- Aug 22, 2008 4:00pm Aug 22, 2008 4:00pm
Question about divergence. I think I'm seeing it right on a 4 hr chart on eu trend is down rsi is up. On chf trend is up rsi is down. Whats is usually the direction. Im new to forex and this thread is super helpfull. Thanks
- #23,055
- Aug 22, 2008 4:03pm Aug 22, 2008 4:03pm
I don't have my charts open, but I would point out two things. First, it is late on Friday and what happens at the close of the market on this day may be somewhat "false" or skewed. 2nd, it may carry over to the open on Sunday and it may not. I personally watch the open on Sunday night very little. I almost always watch on Monday, but very rarely trade. I wait for the Tues Asian and London sessions because by then, the market typically has a direction. Enjoy your weekend.
- #23,060
- Aug 22, 2008 7:41pm Aug 22, 2008 7:41pm
- Joined Jul 2008 | Status: Trader | 1,722 Posts
[quote=Warren Forex;2180218]Strategy: [email protected] Stunning recovery today as yesterday"s plunge from 109.90 is more than retraced already. Hourlies are overbought, while dailies are basing out midrange, having corrected recent overbought readings with this week"s pullback. 110.30 and 110.65, the latter the trend high, are the next two hurdles. Prefer buying into an hourly pullback. (RD) 18:49 GMT
Warren, I am pretty new on this site, so maybe I should not say anything, but I think I can look at all these irrelevant, distracting posts objectively. I hope you take my comments as I intend them, sincerely and with respect.
You seem to be an intelligent man, and a whole lot more experienced than I. Therefore, I read just about everything you post. Most of the fundamental news stuff you post, I appreciate. You do get carried away with cut/paste, but I give you credit for finding it, and I'm sure you think you're offering this thread something they might otherwise have missed. I can tolerate or overlook that.
I do wish you would quit trying to prove yourself by asserting your experience and qualifications. Frankly, Warren, it takes too damned much space, and I don't want to read it all the time. From what I've read, you should have enough self-confidence that you should not give a flip what anyone on this or any other thread thinks of you. You're probably never going to meet us, and frankly (again), we're not friends. We're not drinking beers together and sharing details of our respective pasts. We're professionals (or wannabees) trying to learn something that will give us a financial edge against THE MARKET, not other individuals (i.e., ppl).
I am interested in all that you want to say or report about the EUR/USD market. Thanks for the research and advice, and thanks for sharing.
I am not interested in USD/JPY. There's got to be another thread for that, surely. Please stick to the title of this one - EUR/USD.
I am not interested in continuing to rehash your running feud with anyone else. I'm never gonna be a Warren customer so frankly, I take what your detractors say - and what you say in your defense - with a grain of salt. Please be "bigger" than these verbal assailants and ignore them. I'm pretty sure that if you do, they will shut up.
Please sir, focus on what you do best. Keep doing it, but please do it concisely.
Best Regards, With Respect,
Ed in Virginia
P.S. I hope I speak for a bunch of other folks on here, who just want to trade and make money in the EUR/USD market.
Warren, I am pretty new on this site, so maybe I should not say anything, but I think I can look at all these irrelevant, distracting posts objectively. I hope you take my comments as I intend them, sincerely and with respect.
You seem to be an intelligent man, and a whole lot more experienced than I. Therefore, I read just about everything you post. Most of the fundamental news stuff you post, I appreciate. You do get carried away with cut/paste, but I give you credit for finding it, and I'm sure you think you're offering this thread something they might otherwise have missed. I can tolerate or overlook that.
I do wish you would quit trying to prove yourself by asserting your experience and qualifications. Frankly, Warren, it takes too damned much space, and I don't want to read it all the time. From what I've read, you should have enough self-confidence that you should not give a flip what anyone on this or any other thread thinks of you. You're probably never going to meet us, and frankly (again), we're not friends. We're not drinking beers together and sharing details of our respective pasts. We're professionals (or wannabees) trying to learn something that will give us a financial edge against THE MARKET, not other individuals (i.e., ppl).
I am interested in all that you want to say or report about the EUR/USD market. Thanks for the research and advice, and thanks for sharing.
I am not interested in USD/JPY. There's got to be another thread for that, surely. Please stick to the title of this one - EUR/USD.
I am not interested in continuing to rehash your running feud with anyone else. I'm never gonna be a Warren customer so frankly, I take what your detractors say - and what you say in your defense - with a grain of salt. Please be "bigger" than these verbal assailants and ignore them. I'm pretty sure that if you do, they will shut up.
Please sir, focus on what you do best. Keep doing it, but please do it concisely.
Best Regards, With Respect,
Ed in Virginia
P.S. I hope I speak for a bunch of other folks on here, who just want to trade and make money in the EUR/USD market.
Up or down, gimme a ticket