Yes, normaly youre right, but i placed no sell order,
i pushed the button by myself...sooo we will see...
but beacause of that i am the first on this move
*irony*
see post 5717@5718
it's a huge gap tony, a huge gap.
The System II (Yes with irony)
- #7,522
- Sep 28, 2009 7:45am Sep 28, 2009 7:45am
- | Membership Revoked | Joined Feb 2009 | 2,903 Posts
ok.. this post is based on overall vibe that i have got from reading the post since Friday and I feel like it should be tackled..
Guys, I have some questions for you..
have you heard of a method that works in all situations?
if yes.. then that be your holygrail.. you should not waist a minute and move to that method/system..
if No... then you understand that every method has its flaws and strenghts.. with that said, and put aside..
listen close now..
you like the runners mentality? ya I do fx.. but I only like it when it gets me 110pips and not so much the other times when it gets me only 30pips or takes back all profit on the table !!!
if thats your reply to me (and its evident in most of your posts) then I think to myself and say.. wow..
so here is what i say to you..
if you think this is about counting pips instead of overall picture and total bottomline.. then you have not learned anything yet.
what.. your confused? I know..
ok I explain, in details now..
runners mentality is about holding your ground to pass hurdels.. and these hurdels without a doubt come everytime.. and they come with all kinds of shapes/forms/lenghts/volumes, in there own unique ways..
you can go throught 4 hudels and bank only 30 out of a potential 80 pips ride.. and you can go through only one hurdel and bank 60 out of a potential 80 pips ride..
so, what? !!!.. does it even matter?..
what matters is how you were able and prepared to hold up under heat to not give in easy and surpass to profit column..
now if its not a smoth ride and its rather a rough ride or a quick straight line up and down movment and you only bank 20 out of 60 pips due to not getting a clear fcr.. then..
this makes your plan doomed? or all of sudden you have to feel the urge to change things around?.. bcz its not good enough.. bcz you got to get ALL of the potential profit.. or.. or..
and in th middle of all this your neglect to see whats really happening to you.. do you know? yes.. no.. no idea..
ok, I tell you.. the worst thing that can happen to us as a trader.. ya.. that could be nothing more than..
market officialy fucking with our head..
you lose your mental edge.. and once thats gone your into second guessing and all other garbage that comes with it.. DO NOT let that happen to you..
think about it.. and do as you wish..
you wanna know what fxachilies does?.. I stick to my plan.. and stand tall face to face with this beast.. its me vs him.. I have my risk my load my greed incheck.. and I am in control... you know how? bcz I got PA as my one and only guide (not some lagging mathamatic automated system) and I am the one in the control of the push botton, not the market..
Good trading..
Guys, I have some questions for you..
have you heard of a method that works in all situations?
if yes.. then that be your holygrail.. you should not waist a minute and move to that method/system..
if No... then you understand that every method has its flaws and strenghts.. with that said, and put aside..
listen close now..
you like the runners mentality? ya I do fx.. but I only like it when it gets me 110pips and not so much the other times when it gets me only 30pips or takes back all profit on the table !!!
if thats your reply to me (and its evident in most of your posts) then I think to myself and say.. wow..
so here is what i say to you..
if you think this is about counting pips instead of overall picture and total bottomline.. then you have not learned anything yet.
what.. your confused? I know..
ok I explain, in details now..
runners mentality is about holding your ground to pass hurdels.. and these hurdels without a doubt come everytime.. and they come with all kinds of shapes/forms/lenghts/volumes, in there own unique ways..
you can go throught 4 hudels and bank only 30 out of a potential 80 pips ride.. and you can go through only one hurdel and bank 60 out of a potential 80 pips ride..
so, what? !!!.. does it even matter?..
what matters is how you were able and prepared to hold up under heat to not give in easy and surpass to profit column..
now if its not a smoth ride and its rather a rough ride or a quick straight line up and down movment and you only bank 20 out of 60 pips due to not getting a clear fcr.. then..
this makes your plan doomed? or all of sudden you have to feel the urge to change things around?.. bcz its not good enough.. bcz you got to get ALL of the potential profit.. or.. or..
and in th middle of all this your neglect to see whats really happening to you.. do you know? yes.. no.. no idea..
ok, I tell you.. the worst thing that can happen to us as a trader.. ya.. that could be nothing more than..
market officialy fucking with our head..
you lose your mental edge.. and once thats gone your into second guessing and all other garbage that comes with it.. DO NOT let that happen to you..
think about it.. and do as you wish..
you wanna know what fxachilies does?.. I stick to my plan.. and stand tall face to face with this beast.. its me vs him.. I have my risk my load my greed incheck.. and I am in control... you know how? bcz I got PA as my one and only guide (not some lagging mathamatic automated system) and I am the one in the control of the push botton, not the market..
Good trading..
Hi Moneda,
Great post from yourself as always, if I may can I drill down on some of the points contained in it.
I don’t want t take up people’s trading time so will chop this into three part
Expertise and gaining the necessary skills
[font=Times New Roman][size=3]You made the point that most of us have experience of trying to learn a new skill be it a...
Hi Moneda,
Ok here is the next part
I wasn’t going to post this because I thought it might go off track a little but I am sure FX will approve as it is helping to get it clear in people’s heads what this game is all about I will keep it as short as I can.
Expertise and gaining the necessary skills – part II
I took a flight a few months back, guy next to me starts chatting, and turns out he is candidate for the World Public speaking competition. Fine. Frankly I didn’t really know that such a competition existed; but afterwards thinking about it, hey great, why not?
So the conversation goes on and I say something about emails, internet and technology and we don’t talk anymore to people, which is bad so good idea to get people talking. He mentions Obama, had I seen the inauguration speech, had I seen, it? Sure I had seen it , just like 75% of the planet, I say to him great speech, great charisma, gave people some hope etc etc and just like Fx says – “he had ‘em by the balls, eating out of his hand etc etc “….
And then I say how he is highly educated guy etc etc, must take some doing making a speech like that , what 750 million people looking at you; live, word perfect, beamed across the planet like that …….. I’m getting there guys the point is coming …………….then he lets it out the bag………………….
Sure the guy is a genius, educated, ivy league etc but did I know that he had already made the same speech – or the groundings for it – “The yes we can” speech, more than 1000 times in Baptist churches all over the US, that’s where he earn’t his stripes, learnt his skill, made his mistakes and perfected his delivery.............
Everything we are doing on this thread. repeat, repeat, mistake, correct, repeat improve etc etc is what ahs been done by top people. I was completely unaware of the Obama training and had very naively assumed the guy was born with the skill, far from it apparently he had to learn and do the graft…..
So there we have it – again, another trading analogy, found purely by a chance encounter, completely unrelated to the markets.
So back to the present time, here we are, all looking at Fx and the others trading away walking on water ripping the points out of the very throat of this market and saying gee I want some of that, great BUT FIRST YOU GOTTA DO THE WORK …think about the work like I said earlier, the setups, the entries, the exists, play “1, play 2 etc etc fine tune all that, try it, and perfect it. And remember anyone who is successful has gone were you are going in order to get where they are today.
Survive and Preserve
nice post Fx, a reminder that many of us need often.
just an observation, if one had played runner mentality to the tee since frankfurt open, you would still be in the long trade, price has continued to make higher lows all day. yet, many of us have entered and exited the market several times paying the spread each time... interesting
Like this point
paying the spread each time... interesting
This is also relevant as many people simply don't keep an eye on their bottom line as opposed to their brokers.
Some eyras abck when i was trading Index Futures in an entire year I earnt a measely 10k for a 16 hour day and weekends as well chart redaing etc, and my broker earnt enough out of me to buy a freakin yacht !!!!!!!LOL
i couldn't believe the figures when i checked them.Why, cos i was over trading and paying the spread and his commission, so yes great point
Survive and Preserve
ok.. this post is based on overall vibe that i have got from reading the post since Friday and I feel like it should be tackled..
Guys, I have some questions for you..
have you heard of a method that works in all situations?
if yes.. then that be your holygrail.. you should not waist a minute and move to that method/system..
if No... then you understand that every method has its flaws and strenghts.. with that said, and put aside..
listen close now..
you like the runners mentality? ya I do fx.. but I only like it when it gets me 110pips and...
Another call to the reallity....
.....................................
[font=Times New Roman][size=3]So back to the present time, here we are, all looking at Fx and the others trading away walking on water ripping the points out of the very throat of this market and saying gee I want some of that, great BUT FIRST YOU GOTTA DO THE WORK …think about the work like I said earlier, the setups, the entries, the exists, play “1, play 2 etc etc fine tune all that, try it, and perfect it. And remember anyone who is successful has gone were you are going in order to get where they...
- #7,540
- Sep 28, 2009 11:03am Sep 28, 2009 11:03am
[quote=fxachilies;3098588]ok.. this post is based on overall vibe that i have got from reading the post since Friday and I feel like it should be tackled..
Guys, I have some questions for you..
have you heard of a method that works in all situations?
if yes.. then that be your holygrail.. you should not waist a minute and move to that method/system..
if No... then you understand that every method has its flaws and strenghts.. with that said, and put aside..
listen close now..
you like the runners mentality? ya I do fx.. but I only like it when it gets me 110pips and not so much the other times when it gets me only 30pips or takes back all profit on the table !!!
if thats your reply to me (and its evident in most of your posts) then I think to myself and say.. wow..
so here is what i say to you..
if you think this is about counting pips instead of overall picture and total bottomline.. then you have not learned anything yet.
what.. your confused? I know..
ok I explain, in details now..
runners mentality is about holding your ground to pass hurdels.. and these hurdels without a doubt come everytime.. and they come with all kinds of shapes/forms/lenghts/volumes, in there own unique ways..
you can go throught 4 hudels and bank only 30 out of a potential 80 pips ride.. and you can go through only one hurdel and bank 60 out of a potential 80 pips ride..
so, what? !!!.. does it even matter?..
what matters is how you were able and prepared to hold up under heat to not give in easy and surpass to profit column..
now if its not a smoth ride and its rather a rough ride or a quick straight line up and down movment and you only bank 20 out of 60 pips due to not getting a clear fcr.. then..
this makes your plan doomed? or all of sudden you have to feel the urge to change things around?.. bcz its not good enough.. bcz you got to get ALL of the potential profit.. or.. or..
and in th middle of all this your neglect to see whats really happening to you.. do you know? yes.. no.. no idea..
ok, I tell you.. the worst thing that can happen to us as a trader.. ya.. that could be nothing more than..
market officialy fucking with our head..
you lose your mental edge.. and once thats gone your into second guessing and all other garbage that comes with it.. DO NOT let that happen to you..
think about it.. and do as you wish..
you wanna know what fxachilies does?.. I stick to my plan.. and stand tall face to face with this beast.. its me vs him.. I have my risk my load my greed incheck.. and I am in control... you know how? bcz I got PA as my one and only guide (not some lagging mathamatic automated system) and I am the one in the
control of the push botton, not the market.
Man you are so f*c*in* GOOD!
Guys, I have some questions for you..
have you heard of a method that works in all situations?
if yes.. then that be your holygrail.. you should not waist a minute and move to that method/system..
if No... then you understand that every method has its flaws and strenghts.. with that said, and put aside..
listen close now..
you like the runners mentality? ya I do fx.. but I only like it when it gets me 110pips and not so much the other times when it gets me only 30pips or takes back all profit on the table !!!
if thats your reply to me (and its evident in most of your posts) then I think to myself and say.. wow..
so here is what i say to you..
if you think this is about counting pips instead of overall picture and total bottomline.. then you have not learned anything yet.
what.. your confused? I know..
ok I explain, in details now..
runners mentality is about holding your ground to pass hurdels.. and these hurdels without a doubt come everytime.. and they come with all kinds of shapes/forms/lenghts/volumes, in there own unique ways..
you can go throught 4 hudels and bank only 30 out of a potential 80 pips ride.. and you can go through only one hurdel and bank 60 out of a potential 80 pips ride..
so, what? !!!.. does it even matter?..
what matters is how you were able and prepared to hold up under heat to not give in easy and surpass to profit column..
now if its not a smoth ride and its rather a rough ride or a quick straight line up and down movment and you only bank 20 out of 60 pips due to not getting a clear fcr.. then..
this makes your plan doomed? or all of sudden you have to feel the urge to change things around?.. bcz its not good enough.. bcz you got to get ALL of the potential profit.. or.. or..
and in th middle of all this your neglect to see whats really happening to you.. do you know? yes.. no.. no idea..
ok, I tell you.. the worst thing that can happen to us as a trader.. ya.. that could be nothing more than..
market officialy fucking with our head..
you lose your mental edge.. and once thats gone your into second guessing and all other garbage that comes with it.. DO NOT let that happen to you..
think about it.. and do as you wish..
you wanna know what fxachilies does?.. I stick to my plan.. and stand tall face to face with this beast.. its me vs him.. I have my risk my load my greed incheck.. and I am in control... you know how? bcz I got PA as my one and only guide (not some lagging mathamatic automated system) and I am the one in the
control of the push botton, not the market.
Man you are so f*c*in* GOOD!
$urvive, Pre$erve &
RESPECT THE TEACHER