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  • #524,861
  • Aug 16, 2011 11:54pm Aug 16, 2011 11:54pm
Quoting Magix
Did a quick count...410 trades from last week to this...

lol...
Thats a lot ) about 15 for me and thats more then usual )
  • #524,862
  • Aug 16, 2011 11:54pm Aug 16, 2011 11:54pm
Quoting Chicky
Four last week, two this week = Six so far ................and counting.
6 trades
Dayum...those are some wicked odds, brother! Can I get some of that action...maybe the other side?

You certainly must have cashed at least one short winner at this point, Chicky?
  • #524,863
  • Aug 16, 2011 11:54pm Aug 16, 2011 11:54pm
Quoting kenfen69
Still like 21ish...please and thx!
I am out at DR...

Will wait for the break.

Only a few shekles, but WTF!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,864
  • Aug 16, 2011 11:55pm Aug 16, 2011 11:55pm
Quoting kenfen69
Or the bastards are getting what they want from me... s l o w l y!

I have the safety net of two trades placed much earlier above. Just going slow. Little chit-chat so far...small talk. We'll find out who's getting "lucky" soon! Let it be me, let it be me, let it be me.
haha, hope the bastards will be disappointed!
  • #524,865
  • Aug 16, 2011 11:56pm Aug 16, 2011 11:56pm
Quoting Magix
Did a quick count...410 trades from last week to this...

lol...
Does that mean 82% profit?
The Thief of Wall Street
  • #524,866
  • Aug 16, 2011 11:56pm Aug 16, 2011 11:56pm
Quoting sofia101
Thats a lot ) about 15 for me and thats more then usual )
I was really sick last week, so if I went back, that is probably a low side avg for weekly...

I trigger the M1...and play multiple pairs...so, really, that's not a lot..

Some of the traders I used to chat with were right pissed if they were under a hun per day..
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,867
  • Aug 16, 2011 11:56pm Aug 16, 2011 11:56pm
Quoting kenfen69
This boy's done his homework!

I saw his first question...and knew there was a brain there!

My only fear is that its all books...not enough practical yet.
Thank You!

You are correct about the books. I was raised on stocks. Buy and hold. Anything less than a year was short term investing. In the long run stocks rise so just hold on to them they will eventually work out provided you know how to take apart a Balance Sheet and Income Statement.

Then by chance I stumbled onto the world of FX.

It was those FXCM ads that I began to see all over the place ( nothing against FXCM but I went with a different broker who charges commissions, but their platform was kickass.) Traded with their Demo. It was amazing. In less than an hour I would make (Demo) more money than I could make off a stock in weeks or months with little risk. At the time I thought the possibilities were endless, and they are, and like many I started calculating where I would be 10 years down the road if I could only double my money every year. Double my money? Piece of cake.

Then I opened a live account and as most of us found out when real money is at stake we aint as brave as when fake money is at stake...in other words I found out that maybe using a SL might be a good idea after all.

I have been there. Letting losers run. The money aspect I could deal with but being a failure to myself and family I could not. I could go on and on.

Confidence is great but if one is not careful it can harm a trader as much as fear can. The fear of taking a loss on a trade can be paralyzing. The confidence of a winning streak can cause one to over trade.

And the winning trades that hurt more than losers because one exited too soon.

I read a book a long time back where the author stated there is no such thing as a good day in trading. Even on a day where much cash was made there was never a good or satisfying day because when you look back over the days trades one is always, except in rare cases, of how they should have managed their trades better which leaves the trader with the feeling that they did not live up to their potential.
  • #524,868
  • Aug 16, 2011 11:56pm Aug 16, 2011 11:56pm
Quoting Magix
Sell a double, buy a triple

was out for a while...
my short @ 90 end up with few pips loss...
damn...

this week so far not my lucky time...

OK..
I want 21 too
Patience, Emotion Control and Discipline.
  • #524,869
  • Aug 16, 2011 11:57pm Aug 16, 2011 11:57pm
Quoting gatorinla
i should of waited.
Cajun whodoo do that voodoo in funny ways...leave a man feeling all tied up at times...

Attached Image


Sometimes gotta taketh like thou giveth!

Attached Image


My money's on you, g-man...red arse and all!
  • #524,870
  • Aug 16, 2011 11:57pm Aug 16, 2011 11:57pm
Quoting kenfen69
Still like 21ish...please and thx!
You still paying the roll +..? I need to re adjust..
  • #524,871
  • Aug 16, 2011 11:58pm Aug 16, 2011 11:58pm
Quoting Chicky
Does that mean 82% profit?
Uh...no..
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,872
  • Aug 17, 2011 12:00am Aug 17, 2011 12:00am
Quoting Smurf123
At this point, all the TF's. They are all now sitting above the 100 and 200SMA's. That's generally an indication of the trend for me.

Not to say that we couldn't go down from here, but my bias has to remain bullish until the price tells me otherwise. My last short trade had a ridiculously tight stop because it was speculative and based on the 5min.

Went long a 1 lot at the 96, stop is at 78, tp, 26, 50 and a break of the highs on the 15th and 16th.

Again, could be wrong, and I'm kind of pissed that I didn't get long at the 54 level where...
Very good!

Don't get pissed, though...those turns are frequent. Play cool and mock them.
  • #524,873
  • Aug 17, 2011 12:01am Aug 17, 2011 12:01am
Quoting Magix
I was really sick last week, so if I went back, that is probably a low side avg for weekly...

I trigger the M1...and play multiple pairs...so, really, that's not a lot..

Some of the traders I used to chat with were right pissed if they were under a hun per day..
I can see that and all my friends traders make about 3 trades a week ,LOL deferent approach ,and maybe they all right as long as they make money
  • #524,874
  • Aug 17, 2011 12:02am Aug 17, 2011 12:02am
Quoting johncen
was out for a while...
my short @ 90 end up with few pips loss...
damn...

this week so far not my lucky time...

OK..
I want 21 too
4421 is only Chino clearing the books...buying back what they sold off last night.

Not saying that is where they stop...From there London could steam roll this bitch into daily ATR, putting us in @ 4488-4500.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,875
  • Aug 17, 2011 12:02am Aug 17, 2011 12:02am
Quoting flossbun
haha, hope the bastards will be disappointed!
Thanks for the hope of confidence!

I kid, I kid...me too...especially if you're in!
  • #524,876
  • Aug 17, 2011 12:03am Aug 17, 2011 12:03am
Are we entering into WTF zone?

http://files.sharenator.com/wtf1_Thi...x436-17803.jpg
The Thief of Wall Street
  • #524,877
  • Aug 17, 2011 12:04am Aug 17, 2011 12:04am
Quoting Magix
4421 is only Chino clearing the books...buying back what they sold off last night.

Not saying that is where they stop...From there London could steam roll this bitch into daily ATR, putting us in @ 4488-4500.
I agree..if no stop there..
most likely around 4500...

but unlikely above 4512....
very very unlikely
Patience, Emotion Control and Discipline.
  • #524,878
  • Aug 17, 2011 12:08am Aug 17, 2011 12:08am
Quoting johncen
I agree..if no stop there..
most likely around 4500...

but unlikely above 4512....
very very unlikely
From Chino low or daily bottom to Daily roll, or NY close is only 46 pips.

Daily average currently I have calculated @ around 155, but last week we had a few days of 200 pips top to bottoms...

So, if we say that we continue on up, and have one of them huge m'er effin days, we are looking at tops to be in at 4552...

Can it happen...oh yes, yes it can...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,879
  • Aug 17, 2011 12:09am Aug 17, 2011 12:09am
Quoting Chicky
Are we entering into WTF zone?

http://files.sharenator.com/wtf1_Thi...x436-17803.jpg
WTF are you talking about?
  • #524,880
  • Aug 17, 2011 12:10am Aug 17, 2011 12:10am
my 5m is ripe for a sell at 4414
those who can, do. those who cant, talk about those who can
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