I closed two lots @ 5168.
Got one runner on with s/l @ +200
HOLLA
Just digging in the trenches like everyone else!
Cable Update (GBPUSD)
- #108,021
- Dec 18, 2008 11:38am Dec 18, 2008 11:38am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
- #108,022
- Dec 18, 2008 11:40am Dec 18, 2008 11:40am
- | Joined May 2007 | Status: Trader | 4,716 Posts
excellent advice
I recovered from my bad times by only using tiny positions until i got my confidence back - demo doesnt really give you the same emotional torture which has to be shrugged off as part of learning so i did a lot of tiny trades aimed at making 20 dollars each time. I was so mean that even $20 stings hurt - now it has to be 30 haha !
when you get a good % correct you can scale up slowly....
if your stops are being whipped out, try trading without s/l's but a tiny position only so you can take a 100 point move without popping...
This is how I did it, no offense to demo, but I had to be in the battle even if it was with small lots. :nerd:
HOLLA
- #108,024
- Dec 18, 2008 11:41am Dec 18, 2008 11:41am
- | Joined May 2007 | Status: Trader | 4,716 Posts
Excellent brother. Absolutely excellent!
It's HUGE fatty's tonight!!!!
HOLLA
- #108,026
- Dec 18, 2008 11:42am Dec 18, 2008 11:42am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Thanks EO and Infinity.....
It's HUGE fatty's tonight!!!!
HOLLA
Patience + Discipline - Greed = Success
- #108,027
- Dec 18, 2008 11:44am Dec 18, 2008 11:44am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Thanks EO and Infinity.....
It's HUGE fatty's tonight!!!!
HOLLA
Just digging in the trenches like everyone else!
- #108,028
- Dec 18, 2008 11:45am Dec 18, 2008 11:45am
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
excellent advice
I recovered from my bad times by only using tiny positions until i got my confidence back - demo doesnt really give you the same emotional torture which has to be shrugged off as part of learning so i did a lot of tiny trades aimed at making 20 dollars each time. I was so mean that even $20 stings hurt - now it has to be 30 haha !
when you get a good % correct you can scale up slowly....
if your stops are being whipped out, try trading without s/l's but a tiny position only so you can take a 100 point move without popping...
Trading is 80% Emotional, 20% Technical
- #108,031
- Dec 18, 2008 11:50am Dec 18, 2008 11:50am
- Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
All of You... Thanks for Your advice...
I will start trading from beginning again. I hope You're all would like to help Me decide when should I Buy/Sell.
By posting
- #108,032
- Dec 18, 2008 11:52am Dec 18, 2008 11:52am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
I will start trading from beginning again. I hope You're all would like to help Me decide when should I Buy/Sell.
By posting
Patience + Discipline - Greed = Success
- #108,036
- Dec 18, 2008 11:55am Dec 18, 2008 11:55am
- Joined Jun 2008 | Status: Trader | 1,739 Posts
I will start trading from beginning again. I hope You're all would like to help Me decide when should I Buy/Sell.
By posting
We all learn far more from our losers than our winners, so how will you learn anything when you're unaware of someone's full rationale for entering a trade that is ultimately a losing one? Do not trade from calls given on this forum.
I will start trading from beginning again. I hope You're all would like to help Me decide when should I Buy/Sell.
By posting
.Just covered a short on UJ
.measely 20 pips but was sweating like crazy on the way down.Scary moves.Too much to stomach for me.But cant help going for these well set scalps.
- #108,040
- Dec 18, 2008 12:04pm Dec 18, 2008 12:04pm
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
You sure they posted that before the drop