Trade what you see NOT what you expect | Page 356 | Forex Factory

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Trade what you see NOT what you expect

  • #7,101
  • Apr 10, 2009 2:29pm Apr 10, 2009 2:29pm
Quoting PippiNole
Fuzzy Fuzzy
It's nice to see him out there!
Just digging in the trenches like everyone else!
  • #7,102
  • Apr 10, 2009 2:30pm Apr 10, 2009 2:30pm
Quoting eohater
3% is usual.
so a sl around 3%?

and tp? or does that vary
  • #7,103
  • Apr 10, 2009 2:31pm Apr 10, 2009 2:31pm
Quoting BenScoobert
so a sl around 3%?

and tp? or does that vary
Sometimes my SL is less than 3% and my tp does vary depending upon what the candles are telling me.
Just digging in the trenches like everyone else!
  • #7,104
  • Apr 10, 2009 2:32pm Apr 10, 2009 2:32pm
Quoting eohater
Sometimes my SL is less than 3% and my tp does vary depending upon what the candles are telling me.
so 3% is a max?
  • #7,105
  • Apr 10, 2009 2:35pm Apr 10, 2009 2:35pm
There was a nice short setup on EJ.
  • #7,106
  • Apr 10, 2009 2:35pm Apr 10, 2009 2:35pm
Quoting BenScoobert
so 3% is a max?
For me, seems like whenever I decide to let it got to 5%, that I just loose more.
Just digging in the trenches like everyone else!
  • #7,107
  • Apr 10, 2009 2:36pm Apr 10, 2009 2:36pm
Quoting PippiNole
There was a nice short setup on EJ.
Did you take it?
Just digging in the trenches like everyone else!
  • #7,108
  • Apr 10, 2009 2:37pm Apr 10, 2009 2:37pm
Quoting eohater
Did you take it?
Spreads to big.
  • #7,109
  • Apr 10, 2009 2:39pm Apr 10, 2009 2:39pm
Quoting eohater
For me, seems like whenever I decide to let it got to 5%, that I just loose more.
sounds like good advice, do you ususally choose your exit beforehand and set a tp, or close manually or trailing stop?
  • #7,110
  • Apr 10, 2009 2:41pm Apr 10, 2009 2:41pm
Quoting BenScoobert
sounds like good advice, do you ususally choose your exit beforehand and set a tp, or close manually or trailing stop?
I don't use trailing stops. I use the ma's for my targets for TP and movement of my SL.
Just digging in the trenches like everyone else!
  • #7,111
  • Apr 10, 2009 2:45pm Apr 10, 2009 2:45pm
Quoting eohater
I don't use trailing stops. I use the ma's for my targets for TP and movement of my SL.
thanks EO, ive been a pain in the arse i know, but i gotta get it right

whats your opinion on money management? the best i have is withdraw half your profits each month, its simple to work out, you draw some profits and keep some in
  • #7,112
  • Apr 10, 2009 2:45pm Apr 10, 2009 2:45pm
Kenny Perry finished at -9.
  • #7,113
  • Apr 10, 2009 2:48pm Apr 10, 2009 2:48pm
Quoting BenScoobert
thanks EO, ive been a pain in the arse i know, but i gotta get it right

whats your opinion on money management? the best i have is withdraw half your profits each month, its simple to work out, you draw some profits and keep some in
Everbody is different. Some might say I leave my profits in so I can increase my lot size, others might say take half leave half, really, it's all personal preference. I do think somethiing needs to come out every month. You need to get some type of immediate payment for your work. This is work and I don't know about you, but I wouldn't go to a job day in and day out and not get paid.
Just digging in the trenches like everyone else!
  • #7,114
  • Apr 10, 2009 2:48pm Apr 10, 2009 2:48pm
Quoting PippiNole
Kenny Perry finished at -9.
Just digging in the trenches like everyone else!
  • #7,115
  • Apr 10, 2009 2:49pm Apr 10, 2009 2:49pm
Quoting eohater
Everbody is different. Some might say I leave my profits in so I can increase my lot size, others might say take half leave half, really, it's all personal preference. I do think somethiing needs to come out every month. You need to get some type of immediate payment for your work. This is work and I don't know about you, but I wouldn't go to a job day in and day out and not get paid.
100% agree
  • #7,116
  • Apr 10, 2009 3:00pm Apr 10, 2009 3:00pm
EO I know how to get rid of the spammers and haters of the thread. It was something I mentioned to you before.
  • #7,117
  • Apr 10, 2009 3:04pm Apr 10, 2009 3:04pm
GU 1hr 62 ema.
  • #7,118
  • Apr 10, 2009 3:06pm Apr 10, 2009 3:06pm
Quoting PippiNole
GU 1hr 62 ema.
and the 15m 200sma. Look at how EU looks on the daily right now. HAMMER
Just digging in the trenches like everyone else!
  • #7,119
  • Apr 10, 2009 3:10pm Apr 10, 2009 3:10pm
Quoting PippiNole
EO I know how to get rid of the spammers and haters of the thread. It was something I mentioned to you before.
Ahhh! Now I remember! I don't know bro! There are some that follow the thread that benefit, but don't post and are not members. If we do that, then we'd be taking away from their enjoyment and enrichment.
Just digging in the trenches like everyone else!
  • #7,120
  • Apr 10, 2009 3:19pm Apr 10, 2009 3:19pm
Quoting eohater
Ahhh! Now I remember! I don't know bro! There are some that follow the thread that benefit, but don't post and are not members. If we do that, then we'd be taking away from their enjoyment and enrichment.
It could be something you do 1 day a week.
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