My stupid trades | Forex Factory

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very stupid question but grrrrrrrrr!!!!!!!!! 2 replies

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My stupid trades

  • #1
  • First Post: Edited Sep 20, 2011 4:51pm Sep 15, 2011 11:39am | Edited Sep 20, 2011 4:51pm
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Stupid trades so far
6 Sep
13 Sep
16 Sep
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6 Sep 2011
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  • #2
  • Edited 6:05pm Sep 15, 2011 11:46am | Edited 6:05pm
13 Sep 2011
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  • #3
  • Edited 1:13pm Sep 15, 2011 1:00pm | Edited 1:13pm
why stupid? You learn from losses. No FX trader is expected to win 100%. Losses keep you in shape for your next trade, as long as you have the will to improve. you've only got yourself to blame. Cause and effect.
Have I got something on my face, SOLDIER?
  • #4
  • Sep 15, 2011 1:40pm Sep 15, 2011 1:40pm
Quoting bumapatria
why stupid? You learn from losses. No FX trader is expected to win 100%. Losses keep you in shape for your next trade, as long as you have the will to improve. you've only got yourself to blame. Cause and effect.
Yeah. My stupid trade.

Hem: start posting and stop lurking.
  • #5
  • Sep 15, 2011 7:27pm Sep 15, 2011 7:27pm
I know you didn't ask for advice here, but I suggest try trading it on a higher tf and see how it performs, but if you're trading live, stop doing so regardless and do on demo until you're profitable. If higher tf doesn't do the trick, either will need to refine it or scrap completely and start fresh with something else.
  • #6
  • Sep 15, 2011 10:14pm Sep 15, 2011 10:14pm
Since you are a scalper, i guess finding the pinpoint entry is key no? Since scalpers dont like floating loss. I mean on the short, price make a nice move down.

So try to find something that help you find pinpoint entry,
or maybe this was a natural loss after so many large wins!



Nice talking with you yesterday

Best Regards, best trading to you
Have I got something on my face, SOLDIER?
  • #7
  • Sep 15, 2011 10:16pm Sep 15, 2011 10:16pm
wow.. big spreads?

If scalpers, its best to find broker with 2 pips FIXED spread or less. MY broker is 2 pips fixed on majors and it maximizes your earning potential. I mean think about it: you wanna make 10 pips. Spread is 24. That means you have to earn 34 pips!

I suggest finding a more suitable broker to your trading system and style.
Have I got something on my face, SOLDIER?
  • #8
  • Edited 6:22pm Sep 16, 2011 7:31am | Edited 6:22pm
Additionally, if you enter long only when the market is trending up, and enter short only when the market is trending down, and only enter trades during trading hours for the pair you're trading, you will have more profitable trades.
  • #9
  • Edited 4:49pm Sep 20, 2011 3:23pm | Edited 4:49pm
Quoting bumapatria
wow.. big spreads?

If scalpers, its best to find broker with 2 pips FIXED spread or less. MY broker is 2 pips fixed on majors and it maximizes your earning potential. I mean think about it: you wanna make 10 pips. Spread is 24. That means you have to earn 34 pips!

I suggest finding a more suitable broker to your trading system and style.
The spread is 2.4 pips. (24 points)
  • #10
  • Last Post: Edited 4:47pm Sep 20, 2011 3:40pm | Edited 4:47pm
16 Sep 2011
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