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We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #11,401
  • Nov 23, 2009 2:15am Nov 23, 2009 2:15am
Is your question :how do I stick to the plan?

Here is my answer:
Every single time I get a set up,(123,fcr or bb) I test the market with the correct defense in mind...


Quoting fxachilies
i bet you won't find it as amusing in your monthly statement as you are at the moment.. of course if last even the whole month.. heheheh..

40+ people online and one can not come up with the answere or any close to it.
it makes no differnce to me what so ever guys.. lol..
I maybe check back at my quiet time.


ps) by the way i just preserved +18 on the tignney long there.. it was alllllllllll inside info..
I follow THE PLAN to Survive & Preserve..
  • #11,402
  • Nov 23, 2009 2:16am Nov 23, 2009 2:16am
Quoting fxachilies
i bet you won't find it as amusing in your monthly statement as you are at the moment.. of course if last even the whole month.. heheheh..
OK I will have a serious go...

We need a goal, something to focus on. Not necessarily monetary. For me becoming a full time trader so I can change my lifestyle is what keeps me motivated.
"Save your ass, then go for profit"
  • #11,403
  • Nov 23, 2009 2:23am Nov 23, 2009 2:23am
Quoting fxachilies
how do u stick to the plan?................ . very simple..
Stick to the plan....
Attached Image
$urvive, Pre$erve & RESPECT THE TEACHER
  • #11,404
  • Nov 23, 2009 2:24am Nov 23, 2009 2:24am
Quoting mac1956
We psychologists know that people generally feel more emotional activation (and for longer) about their losses than they do about their wins of equal or even greater size.
Somewhere I've seen that win should be three times bigger than loss in order to compensate negative feeling.
  • #11,405
  • Nov 23, 2009 2:30am Nov 23, 2009 2:30am
how do u stick to the plan?................ . very simple..

...stop thinking!...
Money is made by sitting, not trading. Jesse L. Livermore
  • #11,406
  • Nov 23, 2009 2:35am Nov 23, 2009 2:35am
Quoting fxachilies
some sole searching over weekends will do that to you guys!!!...
how do u stick to the plan? by taking every qualified chance to catch a runner. recognize the position ASAP (123d/s,bb,fcr1/2) and play accordingly (1,2,2g+)!
it's a huge gap tony, a huge gap.
  • #11,407
  • Nov 23, 2009 2:44am Nov 23, 2009 2:44am
i tell you, trading with a 2 yr old running around is V STRESSFULL!! just had all the power to my computer and modem turned off at the wall! taken bloody ages to get going again. thankfully trade is still in my favour.
cup of tea i think then make up with the little bugger lol
  • #11,408
  • Nov 23, 2009 2:47am Nov 23, 2009 2:47am
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  • #11,409
  • Nov 23, 2009 2:50am Nov 23, 2009 2:50am
How do I stick to the plan?

I know that the plan will deal with any price action that arises, and I have an expectancy that it will catch a runner.
testing the market
  • #11,410
  • Nov 23, 2009 2:52am Nov 23, 2009 2:52am
Quoting iak
Attachment
with you on that one iak, entry 1.4953... moved stop to 1.4970 just under
that the low of that small ledge.
  • #11,411
  • Nov 23, 2009 2:56am Nov 23, 2009 2:56am
Quoting highroller
with you on that one iak, entry 1.4953... moved stop to 1.4970 just under
that the low of that small ledge.
nice one mate
my stop prob a bit close to fire. will have a think about maybe giving it a bit more room.
  • #11,412
  • Nov 23, 2009 3:00am Nov 23, 2009 3:00am
Quoting Paul M
OK I will have a serious go...

We need a goal, something to focus on. Not necessarily monetary. For me becoming a full time trader so I can change my lifestyle is what keeps me motivated.
Full time trader! This is the biggest challenge, But not just monetarily, as you say, but mentally. Just think about it! We are sticking to our JOB (just over broke) that gives us at least some security (weekly pay check), and we say to ourselfes that we are not quiting until we make "sure" we can earn a living by trading. But how can you ever be sure.On the other hand the price we pay for this security, is that it is taking our time and focus from trading. I will tell you, my job is very flexible, in fact I am trading from my office right now, but my best trading days always were bank and national holidays in my country, while markets were working all over the world.
You wont survive without preserving!!!
  • #11,413
  • Nov 23, 2009 3:04am Nov 23, 2009 3:04am
out of the long BB. tried to play #1 but prob still too fearfull of leaving money on the table and so my SL tend to be a bit tight. Anyway, very happy with a +20 on first trade of the day.

I try and stick to the plan by realising that if i dont i will have to work in a normal badly paid job for some twat who does nothing but take all the credit and money whilst i barely get by. i stick to the plan because i can see that FX sticks to the plan like glue and is not working for some twat. instead he is minted and enjoying life to the max. i stick to the plan because that is where i want to be not long from now.
  • #11,414
  • Nov 23, 2009 3:07am Nov 23, 2009 3:07am
Quoting iak
out of the long BB. tried to play #1 but prob still too fearfull of leaving money on the table and so my SL tend to be a bit tight. Anyway, very happy with a +20 on first trade of the day.
nice trade iak
i'm still long but only by a whisker!
  • #11,415
  • Nov 23, 2009 3:11am Nov 23, 2009 3:11am
Quoting highroller
nice trade iak
i'm still long but only by a whisker!
see attached chart for your reference...
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  • #11,416
  • Nov 23, 2009 3:13am Nov 23, 2009 3:13am
Monday morning.So quiet! This London guys are still sleeping. Rough weekend maybe
You wont survive without preserving!!!
  • #11,417
  • Nov 23, 2009 3:29am Nov 23, 2009 3:29am
ok fx,

my shot at your question....the only way to stick to the plan is to believe in the plan 100% and believe in yourself....
  • #11,418
  • Nov 23, 2009 3:32am Nov 23, 2009 3:32am
Quoting highroller
nice trade iak
i'm still long but only by a whisker!
ok out now, playing #1 +24 pips
  • #11,419
  • Nov 23, 2009 3:32am Nov 23, 2009 3:32am
consistent, confidence and discipline
  • #11,420
  • Nov 23, 2009 3:33am Nov 23, 2009 3:33am
Moving my short order at 1.4968 here.
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You wont survive without preserving!!!
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