Hi
Does anyone have a link to the summary of raczekfx's posts on this thread?
Cheers
Adam
Does anyone have a link to the summary of raczekfx's posts on this thread?
Cheers
Adam
WARNING: Don't follow me as I'm just learning 
james16 Chart Thread
- #101,442
- Sep 11, 2011 12:05am Sep 11, 2011 12:05am
- | Joined Jul 2010 | Status: MAKE IT HAPPEN | 2,220 Posts
Hi
Does anyone have a link to the summary of raczekfx's posts on this thread?
Cheers
Adam
There you go
- #101,444
- Sep 11, 2011 12:11am Sep 11, 2011 12:11am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
its been exactly 10 years.my thoughts who have lost there lives in 9/11 attacks.
Praying & hoping that Uncle Sam overcome all its crisis its facing today.
Peace and hopes.
Be safe all
Mike
- #101,447
- Sep 11, 2011 10:28am Sep 11, 2011 10:28am
waiting for a setup on DAILY TF is the hardest part...
I wish there was a way... some simple method where I would "do something" every day at the certain time... then wait...then collect profits at the end of the month...
Anyone knows of anything like this?
You can look at commodities market for few more trades. I have started demoing on commodities as well. Just 2 cents.
Thanks,
Vinay
- #101,448
- Sep 11, 2011 10:31am Sep 11, 2011 10:31am
Hey G
I personally eye ball it a bit. Just a good level so that there is a solid clear "break" is what I like to use. I do the same for FX, but a bit easier to put "general" numbers on it.
Best
Mike
- #101,449
- Sep 11, 2011 10:51am Sep 11, 2011 10:51am
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
- #101,450
- Sep 11, 2011 11:09am Sep 11, 2011 11:09am
- | Joined Jul 2010 | Status: MAKE IT HAPPEN | 2,220 Posts
You can look at commodities market for few more trades. I have started demoing on commodities as well. Just 2 cents.
Thanks,
Vinay
I was thinking to add the following equity instruments (weekly TF only).
I was hoping it will give me at least 1 trade a week.
SP500
Nasdaq100
Nasdaq Financial 100
NYSE International 100
SP400
SP600
ETF's - 50 most popular
Do you know any other US Equities I can add?
I was thinking Russel but I afraid it will just copy the existing ones, no?
- #101,451
- Sep 11, 2011 11:28am Sep 11, 2011 11:28am
Hi Vinay, thanks for reply!
I was thinking to add the following equity instruments (weekly TF only).
I was hoping it will give me at least 1 trade a week.
SP500
Nasdaq100
Nasdaq Financial 100
NYSE International 100
SP400
SP600
ETF's - 50 most popular
Do you know any other US Equities I can add?
I was thinking Russel but I afraid it will just copy the existing ones, no?
"Get paid to wait” but it is the hardest part of the job. I have about 15 currency pairs I “wait for”. I am using FXCM and they only offer currencies in US, I can demo trade indexes but only on their UK based platform which will not allow me to trade them live, if you have any suggestions for few more vehicles and platforms I could use that are US based I would appreciate it. Thank you.
- #101,452
- Sep 11, 2011 12:03pm Sep 11, 2011 12:03pm
Hi Vinay, thanks for reply!
I was thinking to add the following equity instruments (weekly TF only).
I was hoping it will give me at least 1 trade a week.
SP500
Nasdaq100
Nasdaq Financial 100
NYSE International 100
SP400
SP600
ETF's - 50 most popular
Do you know any other US Equities I can add?
I was thinking Russel but I afraid it will just copy the existing ones, no?
I have shortlisted 8 commodities, 8 indices & 4 bonds according to margin requirements. I think I can get at least 1 trade a week on daily with these.
I don't know about ETFs. But I guess they require little bit more money to start with. So never looked for them. Which broker do you use for ETFs?
Vinay
How to make myself believe it was my *KNOWLEDGE* and not the *LUCK* ? With 100 or at least 50 trades I can make an objective observation of my performance, but with 10 or so it could be just luck...
So I thought OK I will wait for about 50 trades and see if I would still remain in green... I will be patient ok, BUT that could take me YEARS... and what if after all that time I will learn that I have not got it yet and I need to make some corrections into my rule book.... if so I will have to start all over again and wait for YEARS to see if I got...
), but you are most certainly not at the start of it.One of my favorite quotes of all time is, "I find that the harder that I work, the luckier that I become." I believe that what most people percieve as "luck" is in fact no such thing. You are not getting lucky in your trading right now. You are seeing the direct results of your efforts so far. Do you agree? There will be days that you question things, and that is just human nature and your mind keeping things in check. As you become more proficent with your method you will notice that these days become fewer and further between. As you seek to obtain this confidence you may encounter times where you must plow through the doubt and know that you have the keys needed. Trust in your abilities that you have spent so much time to foster. Doubt and F.E.A.R. (false evidence appearing real) can in fact lead you to places where you regress as a trader, and will never be productive tools. Can you think of a single situation where either of these could (or have) help(ed) you?
I came from places of fear/doubt and work actively to ensure that I don't return to them. They have no place in proper and successful trading. I know that I am not at the end yet, but that I am well enough on my way to ensure profitability. Situations (and days) come along that test my faith. I am no different that anyone else. In those times I find that I make some of my best break throughs, though, as I question where these thoughts are coming from. Great things are happening right now with you, and you have the tools for success. Trust in your abilites that you have been honing. Situations will arise that may create doubt, but seek the underlying reason that they arise and instead become a stronger more confident trader. Otherwise you are and have been doing all of this for nothing...
Ryan
