Not always bro!
Here's something for the fib lovers... I don't rely much on them but use them as a guide on higher tfs....
Patience + Discipline - Greed = Success
Trade what you see NOT what you expect
- #13,802
- Jun 1, 2009 9:39am Jun 1, 2009 9:39am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Call me crazy but the flat candle at the 21 made me do it again. 20 in the bank and covered.
Stupid is as stupid does.
Stupid is as stupid does.
- #13,803
- Jun 1, 2009 9:43am Jun 1, 2009 9:43am
- | Joined Jun 2008 | Status: Learning Properly This Time! | 1,212 Posts
Call me crazy but the flat candle at the 21 made me do it again. 20 in the bank and covered.
Stupid is as stupid does.
Keep It Simple Stupid
- #13,805
- Jun 1, 2009 9:45am Jun 1, 2009 9:45am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Call me crazy but the flat candle at the 21 made me do it again. 20 in the bank and covered.
Stupid is as stupid does.
Patience + Discipline - Greed = Success
- #13,806
- Jun 1, 2009 9:46am Jun 1, 2009 9:46am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
that was my first trade in 3 months and i cashed in on 21 green ones!
Welcome back to the trading arena!
Patience + Discipline - Greed = Success
- #13,807
- Jun 1, 2009 9:47am Jun 1, 2009 9:47am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Gotta love it bro! We're in sync today...
- #13,808
- Jun 1, 2009 9:48am Jun 1, 2009 9:48am
- | Joined Jun 2008 | Status: Learning Properly This Time! | 1,212 Posts
Welcome back to the trading arena!
Fresh start!
Keep It Simple Stupid
- #13,809
- Jun 1, 2009 9:50am Jun 1, 2009 9:50am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Now onward towards those numbers you mentioned.
But I want it to come back down again first so I can add... position not so big anymore as I closed most at 6433... Just a small amount running now...
Patience + Discipline - Greed = Success
- #13,810
- Jun 1, 2009 9:52am Jun 1, 2009 9:52am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Yes....
But I want it to come back down again first so I can add... position not so big anymore as I closed most at 6433... Just a small amount running now...
- #13,811
- Jun 1, 2009 9:57am Jun 1, 2009 9:57am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Gotta love it bro! We're in sync today...
- #13,812
- Jun 1, 2009 9:59am Jun 1, 2009 9:59am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
thanx man. took a well needed break, cleared my mind of all the mistakes i kept repeating.
Fresh start!
- #13,814
- Jun 1, 2009 10:24am Jun 1, 2009 10:24am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Yes....
But I want it to come back down again first so I can add... position not so big anymore as I closed most at 6433... Just a small amount running now...
- #13,817
- Jun 1, 2009 11:02am Jun 1, 2009 11:02am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Thanks, I'm working on my entry and seem to be getting there.
The exit, now theres another story, at the moment im putting 3 pip trailing stop on my entries. Im a sucker for TP too soon or letting losses run too long, this its out of my hands and im concentrating on the entry. For Now.......
between the seat and the Keyboard to cooperate is the hardest thing. Never in my life would I have dreamed of a struggle as bad as this. Keep trying to come up with some type of excrises to help improve on it. But I guess just don't give up and keep on trucking.But great news on the success you ae having and we will get better as we go along.
Good Trading To All ; Ken Lee
- #13,820
- Jun 1, 2009 11:15am Jun 1, 2009 11:15am
- | Joined Jan 2008 | Status: Pipping along | 907 Posts
That is the same thing I am struggling with.. Really Really know almost all the setups and understand most price action. But getting the loose nut
But great news on the success you ae having and we will get better as we go along.