Patience + Humility + Study = Success
- #17,301
- Dec 19, 2008 12:27pm Dec 19, 2008 12:27pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
- #17,302
- Dec 19, 2008 12:59pm Dec 19, 2008 12:59pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Sweet trade you got there trujillo, congrats on that first off all
Now abt the management it really has a lot to do with how you want to do it but if this trade was mine here is how I would have managed it:
My SL would be around the region where you have yours.
Abt the TP I have mentioned these levels on the chart.
although i would like price to hit 1.12 (tp1 ) today only i would be more than willing to book something less than this if before Friday close i don't reach my first target. the reason is with the Xmas next...
Patience + Humility + Study = Success
- #17,303
- Dec 19, 2008 2:21pm Dec 19, 2008 2:21pm
So everyone is shutting it down for the year eh? Who's going to keep the lights on? lol
Its usually pretty lonely for me this time of year. The wife works christmass/new years on private yachts so she left this morning for the Bahamas. 6 weeks....... so i'll have to find smething to do.
oh well looks like skype will get some use..
have a great hollidays all.
- #17,304
- Dec 19, 2008 2:22pm Dec 19, 2008 2:22pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
I'll still be around.
Its usually pretty lonely for me this time of year. The wife works christmass/new years on private yachts so she left this morning for the Bahamas. 6 weeks....... so i'll have to find smething to do.
oh well looks like skype will get some use..
have a great hollidays all.
Patience + Humility + Study = Success
- #17,305
- Dec 19, 2008 2:33pm Dec 19, 2008 2:33pm
I'm off from school and my family went to South America without me so I'll be here
All trades closed except the euchf short.
time to relax & enjoy some of the fruits of my labour.
- #17,307
- Dec 19, 2008 3:14pm Dec 19, 2008 3:14pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #17,309
- Dec 19, 2008 7:39pm Dec 19, 2008 7:39pm
Done +10
Look how long run it is
Here's what I saw today.
- #17,310
- Dec 19, 2008 7:57pm Dec 19, 2008 7:57pm
congrats to those who collected pips this week. i look at the euro and swiss pb's and just want to cry. i can't believe i passed on these plus the pin on the loonie last week at the swing high.
what did i do last monday? i took a half-a** 4 hour pinbar on the swissy last monday and got stopped out for a loss. i've been waiting for a pinbar like the one on the daily usd/chf for weeks and see it and don't take it. arrggghhhh
what did i do last monday? i took a half-a** 4 hour pinbar on the swissy last monday and got stopped out for a loss. i've been waiting for a pinbar like the one on the daily usd/chf for weeks and see it and don't take it. arrggghhhh
"Don't trade to trade . . . trade to win." - James16
- #17,311
- Dec 19, 2008 7:59pm Dec 19, 2008 7:59pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Finishing his paper route. Just kidding ghous. lol
I believe . . .
- #17,312
- Dec 19, 2008 8:10pm Dec 19, 2008 8:10pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I'll still be around.
Its usually pretty lonely for me this time of year. The wife works christmass/new years on private yachts so she left this morning for the Bahamas. 6 weeks....... so i'll have to find smething to do.
oh well looks like skype will get some use..
have a great hollidays all.
I believe . . .
- #17,314
- Dec 20, 2008 1:10am Dec 20, 2008 1:10am
WOW! you're lucky Jeff, my wife never walks out of the main door
It has affected my trading in the past & as such i'm aware .This is what has to be learned. Be aware of any reason that may affect your thinking when it comes to doing this for a living or wanting to progress.
The physc. element is too often not mentioned in the public thread.
- #17,315
- Dec 20, 2008 2:56am Dec 20, 2008 2:56am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
we are best mates. Its allways hard for me when we are apart.
It has affected my trading in the past & as such i'm aware .This is what has to be learned. Be aware of any reason that may affect your thinking when it comes to doing this for a living or wanting to progress.
The physc. element is too often not mentioned in the public thread.
I was kidding above
, i am not yet ready to get tangled into this kind of a relationship yet, i am still young.lol!Anyways it's good to hear you have a really understanding wife, It's good that you mentioned it out here. I can imagine how the life of a trader maybe if he won't trade enough not because he can't because he is not permitted to. And yes there can be many reasons why your close ones would not want you sticking around your pc at home at all times.
Thnx for putting this up!
I believe . . .
- #17,316
- Dec 20, 2008 5:14am Dec 20, 2008 5:14am
we are best mates. Its allways hard for me when we are apart.
It has affected my trading in the past & as such i'm aware .This is what has to be learned. Be aware of any reason that may affect your thinking when it comes to doing this for a living or wanting to progress.
The physc. element is too often not mentioned in the public thread.
Thats really great to hear re your wife and you..... and re Physc. definitely we should not trade when emotions aren't right.....I think especially anger isn't a good one for me and trading,
Merry christmas,
Joe
- #17,317
- Dec 20, 2008 8:16am Dec 20, 2008 8:16am
LOL bro I am sorry but I am laughing over here cause I picture you trading forex then your seat blasting back(ala the movies) your hair sticking straight up and you waking up and going "wtf I am just trying to buy the euro"
p/s: since it's so quite, I posted this. Maybe it could cheer up a bit.
Go figure.. Simplicity work
- #17,318
- Dec 20, 2008 8:46am Dec 20, 2008 8:46am
Lol wiz your answer should be go stand out in a lighting storm with a kite. One must get hit by lighting first! Man I am never gonna forget that about you
p/s: guys, pls forgive me
, I just cant help myself. It getting more and more hillarious. Mike u should read this again.
Go figure.. Simplicity work
- #17,319
- Dec 20, 2008 9:07am Dec 20, 2008 9:07am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .