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  • #421,821
  • Apr 14, 2011 4:06pm Apr 14, 2011 4:06pm
Quoting cammomile
When I lose, I don't rant. It simply p1sses me off when people do not answer simple direct questions about their trading style. True, no one makes anybody stay here, but we all participate here to learn something, don't we?

Sorry for your upset ,but I personally dont even attempt to read every post ,i would never get any trading done ,but if you want a question answered by a poster you feel can help.
P.M.them ,I personally respond to anyone who takes the time to personal message me ,as i am unlikely to see most of the responses to anything i post.

Lol, it easier to trade nfp that catch every post on this thread .
making green pips large and red pips small this is my goal.
  • #421,822
  • Apr 14, 2011 4:08pm Apr 14, 2011 4:08pm
Quoting paul1
Sorry to hear buddy .

Dont expect the session trend to change.

Best chance for you is asia ,see what they want to do.

Its possible hit may not break 4520 if it does definitely get out ,currently that level seems to be were big dogs are getting out of longs causing the 100+pip range that you are seeing .

Check the chart but it hit 4520 hard on around 4 occasions and some other minor attempts .

If you need to ,exit some of your position,to give you something to work with ,and if your willing to take the stress ,Figure out what...
thanks
Well I trade europe session usually and a bit of US. I'm in germany.
Bedtime now, have to place my stop at 4530. Damn I hope it wont be reached.
  • #421,823
  • Apr 14, 2011 4:11pm Apr 14, 2011 4:11pm
Quoting pipnapper
thanks
Well I trade europe session usually and a bit of US. I'm in germany.
Bedtime now, have to place my stop at 4530. Damn I hope it wont be reached.
Great, so when your account goes bust, and you toss and turn all night in horror of what might happen, Make Sure you send paul a PM thanking him for this nugget of encouragement...

Ya know whut dude...

Even if you escape this time, you will trick yourself into thinking that you will be able to do it again...

Start your countdown timer my friend...like so many others, your forex days are numbered...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,824
  • Apr 14, 2011 4:12pm Apr 14, 2011 4:12pm
Quoting pipnapper
thanks
Well I trade europe session usually and a bit of US. I'm in germany.
Bedtime now, have to place my stop at 4530. Damn I hope it wont be reached.
since you are living on a prayer i hope you set a TP to BE or decided how much was 'acceptable to lose' and placed a TP there...
  • #421,825
  • Apr 14, 2011 4:13pm Apr 14, 2011 4:13pm
Quoting Magix
Wait, Whut?

These real traders you speak of, either have substantially larger accounts or a much better sense of MM with a tighter grip on emotions...

Nobody likes to take a loss, but when you're Knee Deep in Shit, ya gotta know when to let go...

Buddy made an error, and all of the hoping and praying in the friggen world will not save an account. Because he has come to the forum looking for a way out tells me that his mindset isn't right...

What to do...

Close the bitch before the hemmorage turns to Margin. Close the charts and account...
Great advice ,I cant say how he got there ,but we have to agree to disagree ,In this instance he still has a chance till 4520 breaks ,if i made that mistake and came back to his situation ,I would do as i have posted .

He is already in a hole for the sake of 20 more pips ,we are at 4500 as i write why exit so close to a proven strong supply area and few hours later see your entry hit.
making green pips large and red pips small this is my goal.
  • #421,826
  • Apr 14, 2011 4:14pm Apr 14, 2011 4:14pm
Quoting Magix
Even if you escape this time, you will trick yourself into thinking that you will be able to do it again...
This. If you get out of this mess, you better take a break, write down your rules, keep your SL in place on every trade... you can't succeed without rules and you can't succeed without cutting your losses off
  • #421,827
  • Apr 14, 2011 4:14pm Apr 14, 2011 4:14pm
Quoting Venice
What's up man, looks like a nice little shorty release from when I went to bed last night. Could seriously have done without the touch to R1 though.

Supply consumption resumes on the daily.
Hey Venice...how's things?

Yeah...very green short run for me yesterday. Had a decent size long position fill at the bottom right before I was going to bed, too. Closed it quick at about +15pips...obviously shouldn't have in hindsight...so be it. The 15 paid well...slept stress free.

Small pending shorts filled overnight for me. I have four open shorts from 4437 up to 4496. All combined, it works out to be a small short from 4478. Have more pending shorts up above. It has been working well of late for me , so I'll continue on this path.

Position is small enough that I will cut and run if we convincingly break recent highs. Could get interesting...Friday and all. Silver above $42! Could be another stop-hunt-fest end to the week. My weekly targets are well covered, so I will scale my risk and just float anywhere the market wants to head.

Cheers mate!
  • #421,828
  • Apr 14, 2011 4:18pm Apr 14, 2011 4:18pm
Quoting fldash
since you are living on a prayer i hope you set a TP to BE or decided how much was 'acceptable to lose' and placed a TP there...
SL is at 4530 TP is at 4430
TP would be a 10 Pip Loss SL would be a 110 PIP loss

If SL is hit, I will have lost 15% of my Account. Painful, but not going bust, Magix.
  • #421,829
  • Apr 14, 2011 4:18pm Apr 14, 2011 4:18pm
Quoting pipnapper
thanks
Well I trade europe session usually and a bit of US. I'm in germany.
Bedtime now, have to place my stop at 4530. Damn I hope it wont be reached.
Ahh well if you go to bed ,its up to the gods ,good luck .
making green pips large and red pips small this is my goal.
  • #421,830
  • Apr 14, 2011 4:19pm Apr 14, 2011 4:19pm
Quoting fldash
since you are living on a prayer i hope you set a TP to BE or decided how much was 'acceptable to lose' and placed a TP there...
I'm not living on prayer. Nobody hopes his SL will be hit.
  • #421,831
  • Apr 14, 2011 4:22pm Apr 14, 2011 4:22pm
Quoting paul1
Great advice ,I cant say how he got there ,but we have to agree to disagree ,In this instance he still has a chance till 4520 breaks ,if i made that mistake and came back to his situation ,I would do as i have posted .

He is already in a hole for the sake of 20 more pips ,we are at 4500 as i write why exit so close to a proven strong supply area and few hours later see your entry hit.
All honesty here Paul...

Agree to disagree all you want...I could care less...

Somewhere reading this same stool sample piece of advice is somebody in a lot worse position, that will try the same, and lose.

I know you have the best of intentions, but really...

Hypothetically...

You get into an accident, you crush one of your limbs...
Do you take the doctors advice saying that more people lose limbs and die trying to hold onto them in this same situation, or do you want to hear kind words from a stranger with hopeful intents?

Everyday the market sees 2000 new traders and most likely, everyday probably about the same amount of people that had an account to trade the day prior take leave...

Know exits before you enter. When the shit hits the fan, GTFO Dodge...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,832
  • Apr 14, 2011 4:23pm Apr 14, 2011 4:23pm
Quoting Magix
Great, so when your account goes bust, and you toss and turn all night in horror of what might happen, Make Sure you send paul a PM thanking him for this nugget of encouragement...

Ya know whut dude...

Even if you escape this time, you will trick yourself into thinking that you will be able to do it again...

Start your countdown timer my friend...like so many others, your forex days are numbered...
My Account survived for the last 18 months. Made 200% over the last 6 months.

I used to overleverage and blew my account a few times when I started.
I usually set my stops and follow my rules. I caught a flu or something and felt terible when I got up this Morning. Thought I shouldn't trade today, but did which was a mistake.
I will survive this though. Shit happens sometimes...
  • #421,833
  • Apr 14, 2011 4:25pm Apr 14, 2011 4:25pm
Quoting pipnapper
My Account survived for the last 18 months. Made 200% over the last 6 months.

I used to overleverage and blew my account a few times when I started.
I usually set my stops and follow my rules. I caught a flu or something and felt terible when I got up this Morning. Thought I shouldn't trade today, but did which was a mistake.
I will survive this though. Shit happens sometimes...
Then your whole pack of bullshit statements before makes you look like a total Drama Queen, or you are a liar...

Makes no difference to me..

Good luck!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,834
  • Apr 14, 2011 4:26pm Apr 14, 2011 4:26pm
Quoting Magix
You get into an accident, you crush one of your limbs...
Speaking of...how's the hand, mate? Should be well on the mend now, yeah?
  • #421,835
  • Apr 14, 2011 4:27pm Apr 14, 2011 4:27pm
Quoting attila
........ i stopped hanging around here for some time. i only read the rants/fights, hence my answer to you.


Pretty much what I do.

And have a really loooong ignore list. Hope there is no capacity limit.
  • #421,836
  • Apr 14, 2011 4:28pm Apr 14, 2011 4:28pm
Quoting pipnapper
My Account survived for the last 18 months. Made 200% over the last 6 months.

I used to overleverage and blew my account a few times when I started.
I usually set my stops and follow my rules. I caught a flu or something and felt terible when I got up this Morning. Thought I shouldn't trade today, but did which was a mistake.
I will survive this though. Shit happens sometimes...

Hey

Read a few of your posts regarding this Short position.

Stop reading this thread for any advice regarding your trade. People were "Lets go SHORT now" all day today, targets of 4250 were being touted.

Just put your loss down to a Lesson which has been paid for. Remember not to repeat the mistake. Forex lessons aren't cheap

The 15% will come back just DONT REPEAT THE MISTAKE.
  • #421,837
  • Apr 14, 2011 4:29pm Apr 14, 2011 4:29pm
Quoting Magix
All honesty here Paul...

Agree to disagree all you want...I could care less...

Somewhere reading this same stool sample piece of advice is somebody in a lot worse position, that will try the same, and lose.

I know you have the best of intentions, but really...

Hypothetically...

You get into an accident, you crush one of your limbs...
Do you take the doctors advice saying that more people lose limbs and die trying to hold onto them in this same situation, or do you want to hear kind words from a stranger with hopeful intents?

Everyday...
A break of 4520 would be my arm broken at which point i would be out of the accident looking for medical attention ,he just asked for opinions ,I really am not trying to give kind words its what i honestly would do.but he has chose to place a stop and go to bed .
I wouldnt dare tell someone how to trade ,just explain how i would approach this if i found myself in this situation .
Just know were to give up and for me 4520 is it .
making green pips large and red pips small this is my goal.
  • #421,838
  • Apr 14, 2011 4:31pm Apr 14, 2011 4:31pm
Quoting kenfen69
Speaking of...how's the hand, mate? Should be well on the mend now, yeah?
6-8 weeks more of this one hand typing shit...

Ugh...

But thanks for asking...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,839
  • Apr 14, 2011 4:32pm Apr 14, 2011 4:32pm
Quoting Magix
Then your whole pack of bullshit statements before makes you look like a total Drama Queen, or you are a liar...

Makes no difference to me..

Good luck!
whats your problem? Relax dude !!!

I just asked how other would make the best out of it. There are always a million ways to make the best out of it, when you messed it up.

I did mess it up, yes and asked for other opinions. Whats wrong with that? That what a Message Board is made for.
  • #421,840
  • Apr 14, 2011 4:32pm Apr 14, 2011 4:32pm
Quoting SunTrader


Pretty much what I do.

And have a really loooong ignore list. Hope there is no capacity limit.


Yep...I pretty much treat it like a pub. Sometimes it turns into a proper saloon...great fun! Stools flying...bottles smashing...band playing behing chicken wire!

A few heads here that I like to see what they are up to. Respect what they do, and like to compare notes.
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