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14 Year Old Forex Trader's Lessons

  • #1,741
  • Oct 7, 2011 8:37pm Oct 7, 2011 8:37pm
@Leinadgnow

Thank you so much friend, for your advice and recommendations. I will definitely read some of the books you recommended

You are more than welcome here, i have experienced same thing if not similar.

Have I got something on my face, SOLDIER?
  • #1,742
  • Oct 7, 2011 8:38pm Oct 7, 2011 8:38pm
I wake up, i see my thread so full of good stuff..
(tedge... billy...)) lol.

its nice to know we get along here

Redlion, sure dude, lets share. im interested about true range and volatility, basically ur way of trading.
Have I got something on my face, SOLDIER?
  • #1,743
  • Oct 8, 2011 1:18am Oct 8, 2011 1:18am
"According to a survey, when asked if they would like to have sex with me, 30 per cent of women said 'Yes' while the other 70 per cent replied 'What, again?',"

Silvio Berlusconi

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,744
  • Oct 8, 2011 1:28am Oct 8, 2011 1:28am
Quoting mla
"According to a survey, when asked if they would like to have sex with me, 30 per cent of women said 'Yes' while the other 70 per cent replied 'What, again?',"

Silvio Berlusconi

mla
lol wtf...
Have I got something on my face, SOLDIER?
  • #1,745
  • Oct 8, 2011 1:46am Oct 8, 2011 1:46am
Quoting bumapatria
lol wtf...
This guy is the prime minister.

Look Italy is such a F up country, nothing works, there is no system, the gap between rich and poor is so wide, not social mobility whatsoever but it is such an exiting place. Germany is such an organise country, everything works, fair social structure and so on, but I would not live there, I think life is dull.

Life is very strange....


mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,746
  • Oct 8, 2011 3:25am Oct 8, 2011 3:25am
Quoting mla
This guy is the prime minister.

Look Italy is such a F up country, nothing works, there is no system, the gap between rich and poor is so wide, not social mobility whatsoever but it is such an exiting place. Germany is such an organise country, everything works, fair social structure and so on, but I would not live there, I think life is dull.

Life is very strange....


mla
Who knew man could fly in metal boxes? and gliders?
Who knew man could climb mountains?
Who knew we could make money trading money?
Who knew that we could make our own languages?

Who knew mla is straight? Damn.. i was wrong... hahahah joking dude
Have I got something on my face, SOLDIER?
  • #1,747
  • Oct 8, 2011 3:32am Oct 8, 2011 3:32am
Quoting bumapatria
Who knew man could fly in metal boxes? and gliders?
Who knew man could climb mountains?
Who knew we could make money trading money?
Who knew that we could make our own languages?

Who knew mla is straight? Damn.. i was wrong... hahahah joking dude
Very funny Little Tiger.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,748
  • Oct 8, 2011 3:34am Oct 8, 2011 3:34am
me and mla are like in an arms-race to get the most vouchees lol..

we both have 3

i remember last month, me if not us being complete idiots

i scroll back on the thread, it gives me good memories.

i feel like happy tearing...

its so good memories...
Have I got something on my face, SOLDIER?
  • #1,749
  • Edited 3:53am Oct 8, 2011 3:38am | Edited 3:53am
i get lots of shithead girls liking me here, but i somehow still commited to this girl lol. she looks more beautiful with every passing day. sad i left. I will see her again someday.

@Mla, strange world.... strange world...


Julia. Thats her name
Attached Image
Have I got something on my face, SOLDIER?
  • #1,750
  • Oct 8, 2011 5:25am Oct 8, 2011 5:25am
Quoting bumapatria
me and mla are like in an arms-race to get the most vouchees lol..

we both have 3

i remember last month, me if not us being complete idiots

i scroll back on the thread, it gives me good memories.

i feel like happy tearing...

its so good memories...
I just find out of my 3rd vouch. I feel loved.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,751
  • Oct 8, 2011 5:29am Oct 8, 2011 5:29am
Quoting bumapatria
i get lots of shithead girls liking me here, but i somehow still commited to this girl lol. she looks more beautiful with every passing day. sad i left. I will see her again someday.

@Mla, strange world.... strange world...


Julia. Thats her name
Good on you mate. Experiment, navigate, expand and be nimble

your mate
mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,752
  • Oct 8, 2011 5:30am Oct 8, 2011 5:30am
Quoting mla
Good on you mate. Experiment, navigate, expand and be nimble

your mate
mla
Julia, nice name by the way.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,753
  • Oct 8, 2011 5:33am Oct 8, 2011 5:33am
PipTrapper.

Thanks for your vouch. I am touched.

your mate
mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,754
  • Oct 8, 2011 6:02am Oct 8, 2011 6:02am
You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to be able to follow your rules comfortably, allowing you to enter and exit trades with minimal or no uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself.

For me this is the key and core of successful trading. I am working on it. And I wish all my mates (you all know who you are) to be able to grasp it.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,755
  • Oct 8, 2011 6:05am Oct 8, 2011 6:05am
hi everyone if your here, i have a habit of not logging out of room so if you ever speak and i dont reply you'll know why. I am just doing a little study of gold and silver trying to cast my magic like i do with time trading
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,756
  • Oct 8, 2011 6:07am Oct 8, 2011 6:07am
Quoting billytt
hi everyone if your here, i have a habit of not logging out of room so if you ever speak and i dont reply you'll know why. I am just doing a little study of gold and silver trying to cast my magic like i do with time trading
Just watch the charts see why price moves up and down. I honestly believe silver is more stable in direction-wise Pov, gold is more volatile, so trailings, and stops get caught fast.

Silver watch out for wide stop, silver has more spikes than gold.



good luck billy.

Now im watching Wall Street Money Never Sleeps. Watched the first one, and was cool.
Gordon Gekko is damn... nuts. Shorting a company till they go almost broke.
fuck man... I'd do that to mcdonalds, coz of the animal cruelty..
Have I got something on my face, SOLDIER?
  • #1,757
  • Oct 8, 2011 6:10am Oct 8, 2011 6:10am
Quoting mla
You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to be able to follow your rules comfortably, allowing you to enter and exit trades with minimal or no uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself.

For me this is the key and core of successful trading. I am working on it. And I wish all my mates (you all know who you are) to be able to grasp it.

mla
I want everyone to read this twice. First time i read it didnt care much. I remembered how listening is also important. Keep your ears open always. Of course, it should be second nature to open a trade.

Great advice mla,
Have I got something on my face, SOLDIER?
  • #1,758
  • Oct 8, 2011 6:19am Oct 8, 2011 6:19am
i know or knew a guy who only traded spikes its going back some time and i never knew what he traded and didn't quite know how he did it but like i say a winner doesn't give up his/her secret. i am not a newbie when it comes to trading and i will listen to any advice given but i may add redlion and piptrapper and gold have made me think of something regarding fundamentals and its making life easier for me
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,759
  • Oct 8, 2011 6:58am Oct 8, 2011 6:58am
Quoting billytt
i know or knew a guy who only traded spikes its going back some time and i never knew what he traded and didn't quite know how he did it but like i say a winner doesn't give up his/her secret. i am not a newbie when it comes to trading and i will listen to any advice given but i may add redlion and piptrapper and gold have made me think of something regarding fundamentals and its making life easier for me
I'd like to call this, fundamental + spike trade.
Bulls just wanted to sell it at a higher, price bought it first. Obvious. Novice people who went long took a big loss when they knew that price was only going to get lower.

The importance of using a small TF is key for me. On an hourly this looks like a normal bar/candle. We need to see the bigger picture, and the smaller picture.

I like details, i trade using precision of the smaller/more detailed picture.
Attached Image (click to enlarge)
Click to Enlarge Name: spike trade.gif Size: 24 KB
Have I got something on my face, SOLDIER?
  • #1,760
  • Oct 8, 2011 7:34am Oct 8, 2011 7:34am
Quoting billytt
i know or knew a guy who only traded spikes its going back some time and i never knew what he traded and didn't quite know how he did it but like i say a winner doesn't give up his/her secret. i am not a newbie when it comes to trading and i will listen to any advice given but i may add redlion and piptrapper and gold have made me think of something regarding fundamentals and its making life easier for me
Atoms make up molecules. Molecules make up cell organelles. Cell organelles make up cells. Cells make up tissues. Tissues make up organs. Organs make up organ systems, and organ systems make up an organism. Same way i look at different time frames (1M candles make up 5M candle etc). Muppets who say 1M is just a noise don't really know what their talking about, it's like saying that atoms are just a noise and we only should look at molecules because those are larger and it is better to examine them. I'm not saying that everyone should look 1M chart now, it needs some skill to read right information from such a small timeframe, just added little idea here, maybe it helps someone.
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