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14 Year Old Forex Trader's Lessons

  • #3,821
  • Oct 31, 2011 6:28pm Oct 31, 2011 6:28pm
i once looked after a guy many years ago and he got me into trading but he aint a mate lol. But i do have 2 friends one who will not tell me anything as he thinks if i take his advice and i lose he'll never live it down and my other buddy he does what i do and just goes around rooms looking for easy trading methods i dont know why though as he is ridiculously wealthy. i trade and i do lose but with the knowledge that i will recoup the loss. i do not trade with the idea that a loss might turn into a gain in the same trade, it can work but if you are going to rely on it feeding you and the family well you'll go hungry
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,822
  • Oct 31, 2011 6:31pm Oct 31, 2011 6:31pm
Gold long.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #3,823
  • Oct 31, 2011 6:33pm Oct 31, 2011 6:33pm
Quoting highlander2
not really a whiskey drinker, but know what your on about, sometimes buy this for friends at Christmas, I believe it comes from the west coast of scotland. Im on the east coast, two distilleries near me are Clynelish, and glenmorangie, perhaps you get them in Oz as well?
Isle oF Islay.

Also I like the Glenfiddich, very smooth , also nice buzz.

Not I have not heard of them, but I am taking notes.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,824
  • Oct 31, 2011 6:33pm Oct 31, 2011 6:33pm
Quoting billytt
i once looked after a guy many years ago and he got me into trading but he aint a mate lol. But i do have 2 friends one who will not tell me anything as he thinks if i take his advice and i lose he'll never live it down and my other buddy he does what i do and just goes around rooms looking for easy trading methods i dont know why though as he is ridiculously wealthy. i trade and i do lose but with the knowledge that i will recoup the loss. i do not trade with the idea that a loss might turn into a gain in the same trade, it can work but if you...
oh okay thats cool
Have I got something on my face, SOLDIER?
  • #3,825
  • Oct 31, 2011 6:38pm Oct 31, 2011 6:38pm
Quoting billytt
your a top man mla, many many many years ago i spent a good couple of years developing a system for racing grey hounds and only because they run 6 dogs in a race. (ok sometimes 8) i then discover a french guy did it but used it to clean up in roulette as high low red black odd and even (and thats 6 as in 6 dogs). i then look at waves up down up down and i see things happening then i hear elliot got there first but i dont trade waves. Like you just said i do things similar to you i watch and remember no lines ,charts but i do remember what has happened...
Not very comfortable with that "top man" statement. I am a friend who is trying to give some decent advice.

Applying what you know better than the others to the market, to me is the real holy grail.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,826
  • Oct 31, 2011 6:52pm Oct 31, 2011 6:52pm
yeah mla is right. we are the holy grail in ourselves.
Have I got something on my face, SOLDIER?
  • #3,827
  • Oct 31, 2011 7:12pm Oct 31, 2011 7:12pm
longs seem to be doing well. i dont think i will implement profit stop losses, for now. range is still tight volatility will catch it definitely.
Have I got something on my face, SOLDIER?
  • #3,828
  • Oct 31, 2011 7:26pm Oct 31, 2011 7:26pm
in times of high volatility, have patience, have clarity, have focus. do not be inclined to change directions too fast. stop looking at ur profit loss levels, look at price action instead then act based on that.
Have I got something on my face, SOLDIER?
  • #3,829
  • Oct 31, 2011 7:53pm Oct 31, 2011 7:53pm
Gold TP should get hit soon.
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Have I got something on my face, SOLDIER?
  • #3,830
  • Oct 31, 2011 8:56pm Oct 31, 2011 8:56pm
goodnight guys, i didnt realise i was still here lol. if i come in later i'll post my winning trade on g/u, happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,831
  • Nov 1, 2011 12:09am Nov 1, 2011 12:09am
Quoting bumapatria
yeah mla is right. we are the holy grail in ourselves.
I'm the holy grail too... but I'm still working on 99% accuracy : lol

Pbh
  • #3,832
  • Nov 1, 2011 12:13am Nov 1, 2011 12:13am
Quoting bumapatria
Gold TP should get hit soon.
it did hit take profit nice one dude

Pbh
  • #3,833
  • Nov 1, 2011 12:43am Nov 1, 2011 12:43am
Quoting Pbh
I'm the holy grail too... but I'm still working on 99% accuracy : lol

Pbh


mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,834
  • Nov 1, 2011 1:21am Nov 1, 2011 1:21am
stopped out on euro.
Have I got something on my face, SOLDIER?
  • #3,835
  • Nov 1, 2011 1:28am Nov 1, 2011 1:28am
trying out another long.
Have I got something on my face, SOLDIER?
  • #3,836
  • Nov 1, 2011 1:45am Nov 1, 2011 1:45am
untested supply.
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Have I got something on my face, SOLDIER?
  • #3,837
  • Nov 1, 2011 1:52am Nov 1, 2011 1:52am
she doesnt feel like a long then ....

maybe shell make a run till 3680s.
Have I got something on my face, SOLDIER?
  • #3,838
  • Nov 1, 2011 2:00am Nov 1, 2011 2:00am
need to cover a -$15.20 loss

Possible gain frm this $8.77 + $8.05 = $16.82.
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Have I got something on my face, SOLDIER?
  • #3,839
  • Nov 1, 2011 2:11am Nov 1, 2011 2:11am
Quoting bumapatria
long euro wiht 0.02
3903 previous supply.

1st chart is m5 lookout and 2nd chart is m30 lookout.
I don't know, when the EUR was running UP, you were selling it, now it is crashing, realization of all the bad debt news settles in, and now you are buying?

Thanks for the pips
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OPPORTUNITY IS NOWHERE
  • #3,840
  • Nov 1, 2011 2:28am Nov 1, 2011 2:28am
huh.. i know. forgot the RBA decision
Have I got something on my face, SOLDIER?
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