its time to go short
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Cable Update (GBPUSD)
- #176,165
- Oct 14, 2009 9:20am Oct 14, 2009 9:20am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Save it for Chris Ahlamo, he's a SWEETIE
Ghost Rider - WWTBMD?
- #176,166
- Oct 14, 2009 9:22am Oct 14, 2009 9:22am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
hi ahlam, and the rest 
http://www.forex-book.org/
this is a wealth of information here for free..that book "trading in the zone" should be in there
http://www.forex-book.org/?s=trading+in+the+zone
http://www.forex-book.org/
this is a wealth of information here for free..that book "trading in the zone" should be in there
http://www.forex-book.org/?s=trading+in+the+zone
- #176,167
- Oct 14, 2009 9:23am Oct 14, 2009 9:23am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Sorry ahlamo, I didn't mean to start this here....
ahlamo, just making fun of Chris, hope you saw it in light of a joke
Veni, Vidi, Vici (We came, we saw, we conquered)
- #176,168
- Oct 14, 2009 9:26am Oct 14, 2009 9:26am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Alright big man, I stop now.... SWEETIE
ahlamo, just making fun of Chris, hope you saw it in light of a joke
NO
This is not fair!
not fair!
I'm a Sweetie Dear Darling Handsome...too...
not fair!
Hear the music before the song is over ...
- #176,170
- Oct 14, 2009 9:29am Oct 14, 2009 9:29am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Alright big man, I stop now.... SWEETIE
ahlamo, just making fun of Chris, hope you saw it in light of a joke
You big Australian MUG you....
Ghost Rider - WWTBMD?
- #176,171
- Oct 14, 2009 9:29am Oct 14, 2009 9:29am
Good morning guys,
I need your help with something. Do you know if there is a thread for strict mm. I have a lot of trouble letting go of a losing position and taking a loss without waiting for the "call". It's like a freeze where i just don't want to close the position, surely with a bigger account i could take a drawdown given it usually goes back to that level, but I honestly don't think account size matters.
Because with a bigger account, i may take more risk.
Anyway, if anyone knows of a good thread of some mental conditioning that makes...
I'm sure you'll get a lot of answers.....
1) First and last rule: enter your SL with your order and NEVER MOVE IT FURTHER. Stick to your plan and be discipined....
2) If you are in a trend trade (on H4 and daily agreement) you may always reenter at your SL level, provided it has hit 50 pips (you have to choose that level depending on your TF) away from your SL. Jacko
invented this and called it antihedge system, I use it with a very good ratio....you were right but retracement went a bit further......It happens often....3) Accept to be wrong....it's a part of this businness....Ego is a very bad counsellor...
4) In a countertrend trade money management means reduce your usual lot size....so it won't hurt that much
Hope it helps
BTW we all have been there.....
Non licet omnibus adire Corinthum
- #176,173
- Oct 14, 2009 9:30am Oct 14, 2009 9:30am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Great, thank you all for the advice. I gotta run to a meeting. be back in a couple of hours.
Good trading to you
Have a great day...
Ghost Rider - WWTBMD?
- #176,174
- Oct 14, 2009 9:30am Oct 14, 2009 9:30am
hi ahlam, and the rest
http://www.forex-book.org/
this is a wealth of information here for free..that book "trading in the zone" should be in there
http://www.forex-book.org/?s=trading+in+the+zone
Too bad i must run. be back later
The Sky is the Limit!
- #176,175
- Oct 14, 2009 9:32am Oct 14, 2009 9:32am
- Joined Mar 2009 | Status: FX | 3,789 Posts
You're only picking on me cause you really care....
You big Australian MUG you....
Veni, Vidi, Vici (We came, we saw, we conquered)
- #176,176
- Oct 14, 2009 9:37am Oct 14, 2009 9:37am
- Joined Mar 2009 | Status: FX | 3,789 Posts
I'm not trading the EUR ATM, but its ability to remain at high while other currency gives back really pisses me off.... 
Veni, Vidi, Vici (We came, we saw, we conquered)
- #176,177
- Oct 14, 2009 9:38am Oct 14, 2009 9:38am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
I'm not trading the EUR ATM, but its ability to remain at high while other currency gives back really pisses me off....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #176,178
- Oct 14, 2009 9:39am Oct 14, 2009 9:39am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I'm not trading the EUR ATM, but its ability to remain at high while other currency gives back really pisses me off....
Just think BB, when it tanks, it's gonna be BIG...
Ghost Rider - WWTBMD?
- #176,179
- Oct 14, 2009 9:41am Oct 14, 2009 9:41am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Now the dollar is falling across the board again. GEEZZZ...
Ghost Rider - WWTBMD?
- #176,180
- Oct 14, 2009 9:44am Oct 14, 2009 9:44am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Get over it dude....
Ok I promise that the last time
Veni, Vidi, Vici (We came, we saw, we conquered)