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  • #141
  • Oct 9, 2011 3:01pm Oct 9, 2011 3:01pm
Trade # 8

Next order is about 350 pips below current level. Will narrow it down if pa permits.
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The Thief of Wall Street
  • #142
  • Oct 9, 2011 8:43pm Oct 9, 2011 8:43pm
Trade # 8

Short entered
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The Thief of Wall Street
  • #143
  • Oct 9, 2011 11:32pm Oct 9, 2011 11:32pm
chicky!

watsup man?

lol incredible i think blocked us both from the thread.

i gave him advice on being patient, now he widened his stop loss.
Stop loss is ur guardian (at most times) if u know u are on a losing trade. Widening it means letting ur guard down from its proper post or predetermined position right?

*sighs*...

sometimes people need to hear out others.
Have I got something on my face, SOLDIER?
  • #144
  • Oct 9, 2011 11:50pm Oct 9, 2011 11:50pm
Quoting bumapatria
chicky!

watsup man?

lol incredible i think blocked us both from the thread.

i gave him advice on being patient, now he widened his stop loss.
Stop loss is ur guardian (at most times) if u know u are on a losing trade. Widening it means letting ur guard down from its proper post or predetermined position right?

*sighs*...

sometimes people need to hear out others.
LOL.

He has his own system and probably he knows his system better than both of us or anybody else.

Widening stop loss to me is adding two more postions in the same direction and probably that is his strategy. The suggestion I would have is to do whatever one does with proper money management.

I am not sure if he has blocked, but if he has, will soon unblock. He is a nice fellow.
The Thief of Wall Street
  • #145
  • Oct 9, 2011 11:54pm Oct 9, 2011 11:54pm
Quoting Chicky
LOL.

He has his own system and probably he knows his system better than both of us or anybody else.

Widening stop loss to me is adding two more postions in the same direction and probably that is his strategy. The suggestion I would have is to do whatever one does with proper money management.

I am not sure if he has blocked, but if he has, will soon unblock. He is a nice fellow.
i know, but he ...doesnt...listen?

anyways.. hes trading for his account not me, ill respect his boundaries.
Have I got something on my face, SOLDIER?
  • #146
  • Oct 9, 2011 11:59pm Oct 9, 2011 11:59pm
Quoting bumapatria
i know, but he ...doesnt...listen?

anyways.. hes trading for his account not me, ill respect his boundaries.
Just to remind everyone that NY is closed tomorrow.

Cat away, mice play.
The Thief of Wall Street
  • #147
  • Oct 10, 2011 12:03am Oct 10, 2011 12:03am
Quoting Chicky
Just to remind everyone that NY is closed tomorrow.

Cat away, mice play.
why so? i mean the close.
Have I got something on my face, SOLDIER?
  • #148
  • Oct 10, 2011 12:07am Oct 10, 2011 12:07am
Quoting bumapatria
why so? i mean the close.
Second Monday of October is celebrated as Columbus day. (Some states celebrate this day as Native American's Day).

That dude went in wrong direction.
The Thief of Wall Street
  • #149
  • Oct 10, 2011 12:37am Oct 10, 2011 12:37am
Quoting Chicky
Second Monday of October is celebrated as Columbus day. (Some states celebrate this day as Native American's Day).

That dude went in wrong direction.
while i go in the right. my limit is hit at 80, and its low risk in my perspective.
Have I got something on my face, SOLDIER?
  • #150
  • Oct 10, 2011 1:02am Oct 10, 2011 1:02am
Trade # 8 - Running

A close up on 1H chart.
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The Thief of Wall Street
  • #151
  • Oct 10, 2011 1:11am Oct 10, 2011 1:11am
Quoting Chicky
Trade # 8 - Running

A close up on 1H chart.
nice chicky. i have a short on 80. proof on my thread

so ur profit targets are set.. how? i mean based on ur style of trading of course.
Have I got something on my face, SOLDIER?
  • #152
  • Edited 5:45am Oct 10, 2011 3:47am | Edited 5:45am
Good morning peeps..hope we all had a nice weekend. early this morning i place a long position @ 1.3453, stop loss = 1.3379 and take profit =1.3527.
made 74pips with that position...

now i have a pending order at 1.3581 long on the eur/usd...lets see if it gets triggered...

as always i wait to see if a support or resistance has been formed then i place my orders...

it has been triggered!!!
  • #153
  • Oct 10, 2011 8:42am Oct 10, 2011 8:42am
Trade # 8- Concluded

SL (s)Hit. -1%
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The Thief of Wall Street
  • #154
  • Oct 10, 2011 8:55am Oct 10, 2011 8:55am
Quoting bumapatria
nice chicky. i have a short on 80. proof on my thread

so ur profit targets are set.. how? i mean based on ur style of trading of course.
Congradulations! We'r screwed along with all other bears.

I took that short based on a strong resistance at 1.3470. But it didn't hold.

Wait for a time when I hit a series of losses, probably 10 or 15. No one except you and me will be here on this thread. If my success ratio is 60:40, I am ready for 40 consecutive losses and also for 60 consecutive winners.
The Thief of Wall Street
  • #155
  • Oct 10, 2011 9:25am Oct 10, 2011 9:25am
Trade # 9- Executed

Miscalculation. Should have been for 30 to 50 more pips. SL falls right on a resistance. Should be few pips away. May adjust this trade if it turns green.
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The Thief of Wall Street
  • #156
  • Oct 10, 2011 9:33am Oct 10, 2011 9:33am
Quoting Chicky
Congradulations! We'r screwed along with all other bears.

I took that short based on a strong resistance at 1.3470. But it didn't hold.

Wait for a time when I hit a series of losses, probably 10 or 15. No one except you and me will be here on this thread. If my success ratio is 60:40, I am ready for 40 consecutive losses and also for 60 consecutive winners.
i was on profit as well, but hey who cares
i am ready to lose on this, and guess what redlion also shorted.. looks like the pros got slaughtered. Chicky, ive been on a winning streak for too long, from $300 - $1549. Not that i dont want to win, but perhaps its the cost sometimes to run the business.
I will take my loss completely when my equity is at $1200.

i am ready for anything. my ratio is here and there. its around 60% as well on profitable trades. so similar thing as you.
Have I got something on my face, SOLDIER?
  • #157
  • Oct 10, 2011 9:41am Oct 10, 2011 9:41am
Quoting bumapatria
i was on profit as well, but hey who cares
i am ready to lose on this, and guess what redlion also shorted.. looks like the pros got slaughtered. Chicky, ive been on a winning streak for too long, from $300 - $1549. Not that i dont want to win, but perhaps its the cost sometimes to run the business.
I will take my loss completely when my equity is at $1200.

i am ready for anything. my ratio is here and there. its around 60% as well on profitable trades. so similar thing as you.
Choose one:

1. Long-term trades with long-term thinking
2. Short-term trades with short-term thinking
3. Longterm trades with shortterm thinking
4. Short-term trades with long-term thinking.
5. Long-term trades with no thinking
6. Short-term trades with no thinking
7. No trade with long-term thinking
8. No trade with short-term thinking
9. Love, marriage and the Second Law of Thermodynamics
The Thief of Wall Street
  • #158
  • Oct 10, 2011 10:01am Oct 10, 2011 10:01am
Quoting Chicky
Choose one:

1. Long-term trades with long-term thinking
2. Short-term trades with short-term thinking
3. Longterm trades with shortterm thinking
4. Short-term trades with long-term thinking.
5. Long-term trades with no thinking
6. Short-term trades with no thinking
7. No trade with long-term thinking
8. No trade with short-term thinking
9. Love, marriage and the Second Law of Thermodynamics
I have my style, ill choose that.
okay i give up i trade mostly short term wiht long term thinking.
Have I got something on my face, SOLDIER?
  • #159
  • Oct 10, 2011 11:24am Oct 10, 2011 11:24am
ok...74pips in the morning...and now i closed my long position (1.3581) TP at 1.3753 with (102pips)...now a bad day...

waiting for the next opportunity.
  • #160
  • Oct 10, 2011 12:28pm Oct 10, 2011 12:28pm
Quoting Chicky
Trade # 9- Executed

Miscalculation. Should have been for 30 to 50 more pips. SL falls right on a resistance. Should be few pips away. May adjust this trade if it turns green.
Trade # 9- Running
I am stuck because of this miscalculation. The only correction I can think of is to close part of the postion for now and re-open at a higher level.

This thing may go higher without a major retrace because of Italian industrial production.

But yet again, we have Black Magic for our rescue. Weather is also getting warmer and standing naked in backyard covered with goat blood should not be at all a problem...................... No, my neighbors are either blind or women who have already explored the exposed parts of my body.
The Thief of Wall Street
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