The Thief of Wall Street
Your and My Lessons Learned Losing and Gaining in Trading 5 replies
Lessons Learned during System Development 29 replies
Rookie Lessons Learned 5 replies
What i learned today 14 replies
Things I've learned (as a n00b) 6 replies
Dislikedchicky!
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.Ignored
DislikedLOL.
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.Ignored
Dislikedi know, but he ...doesnt...listen?
anyways.. hes trading for his account not me, ill respect his boundaries.Ignored
DislikedJust to remind everyone that NY is closed tomorrow.
Cat away, mice play.Ignored
DislikedSecond Monday of October is celebrated as Columbus day. (Some states celebrate this day as Native American's Day).
That dude went in wrong direction.Ignored
Dislikednice 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.Ignored
DislikedCongradulations! 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.Ignored
Dislikedi 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.Ignored
DislikedChoose 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 ThermodynamicsIgnored
DislikedTrade # 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.Ignored