My path to financial freedom
i am down a lot this month largely because my long term short trades on euro, cable, etc came unstuck in the last 6-7 days.
anyways, thats life. will recover them and then some by end of june.
I will put all my EU losses together and open 1 big short. Uhmm ? Martingale strategy ? Very dangerous !
Honestly I believe I will use a kind of Jacko's AH to recover them. Just need a good entry at PPZ and with PA.
Are you truly mentally prepared to deal with it?
That's called revenge and getting even at the market. And it's not the way to do it, long term. AH works just fine, but it doesn't say to put all your losses together into one big position. What do you do then with 2 large losses?
That's called revenge and getting even at the market. And it's not the way to do it, long term. AH works just fine, but it doesn't say to put all your losses together into one big position. What do you do then with 2 large losses?
not at all into this. will look at 24-25 at decent short opps. i trade danuk's system and most of us trading that system have been hit hard these last 10 days.
anyway, the profits will come, even if i have to live out june as a loss making month, which i am sure i wont.
you guys trade most of the day. are you all full time traders? i know lj is one, but the rest of you? i post a lost but have ft job and usually trade only at nites.
) I won't reach my trading goal, I'll go for a full time job trading in between.not at all into this. will look at 24-25 at decent short opps. i trade danuk's system and most of us trading that system have been hit hard these last 10 days.
anyway, the profits will come, even if i have to live out june as a loss making month, which i am sure i wont.
you guys trade most of the day. are you all full time traders? i know lj is one, but the rest of you? i post a lost but have ft job and usually trade only at nites.
I for one am giving myself till the end of summer to prove myself consistent. I'm partially employed for now, working when I'm called upon, with minor pay. If (I'm just saying, not believing in this if
As I said in the beginning, 2% a week is my goal, problem is I don't have the patience to wait days and weeks for a trade to unfold. My journal says that I'm best sticking only with PA trades, not go into P&V, breakout, pullbacks. So I think I'll commit my live account...
Have to be very picky I think. I've been averaging about 4 trades a day for awhile now. Having success I never came close to having trading PA. Maybe partially a comfort thing, I just feel better going with the trend. I do play some reversals, but they have to be pretty special.
