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  • #563,321
  • Nov 17, 2011 5:46am Nov 17, 2011 5:46am
Quoting cloggie
The only time you can contemplate fiddling with your stops is if there is some significant change in the fundies while your trade is progressing that you hadn't planned for, other then that, it is your strategy, your plan and based on 1,000's of trades and decades of history and testing you know exactly what that plan is giving you in return, right?
No need to be that harsh in your words. Don't know why you treat someone like that.

I am willing to learn and I am improving day by day. I haven't researched that much but still I am improving with the time. And by the way, you didn't even learn it in a single day, you started even with losses and tensions in the beginning and then kept on improving. Now you are at a pro level.

I still need some time but I am studying hard and improving every passing day. You will see me as a better trader one day.
  • #563,322
  • Nov 17, 2011 5:47am Nov 17, 2011 5:47am
Quoting cloggie
How many documented trades have you tested your strategy on, if you are going to give me a number that is anything less then 10,000, you've got some work to do.
Its way too lower than that. But I will work on improving it.

Will retest my strategy again on a bunch of situations and market history. Might be last 5 year testing would be good.
  • #563,323
  • Nov 17, 2011 5:47am Nov 17, 2011 5:47am
I was wrong, you should have listened to cloggie and doubled the position.
  • #563,324
  • Nov 17, 2011 5:48am Nov 17, 2011 5:48am
hi cloggie or anybody,

how does one identify a range day like today? I keep getting stoped out or did not take early profit on what I thought would be a down day to at least test the asian lows.
  • #563,325
  • Nov 17, 2011 5:48am Nov 17, 2011 5:48am
Quoting ammarmemon
Its way too lower than that. But I will work on improving it.

Will retest my strategy again on a bunch of situations and market history. Might be last 5 year testing would be good.

There you go, now you are talking.
  • #563,326
  • Nov 17, 2011 5:50am Nov 17, 2011 5:50am
Quoting ammarmemon
No need to be that harsh in your words. Don't know why you treat someone like that.

The truth sounds harsh, but only to those that can't see it.
  • #563,327
  • Nov 17, 2011 5:50am Nov 17, 2011 5:50am
Quoting ammarmemon
No need to be that harsh in your words. Don't know why you treat someone like that.

I am willing to learn and I am improving day by day. I haven't researched that much but still I am improving with the time. And by the way, you didn't even learn it in a single day, you started even with losses and tensions in the beginning and then kept on improving. Now you are at a pro level.

I still need some time but I am studying hard and improving every passing day. You will see me as a better trader one day.
Mate, in my humble opinion, you are not going to learn much here.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #563,328
  • Nov 17, 2011 5:51am Nov 17, 2011 5:51am
Quoting cloggie
There you go, now you are talking.
I am not arguing with you but I am here to learn and improve myself and I am trying my level best in that.
  • #563,329
  • Nov 17, 2011 5:52am Nov 17, 2011 5:52am
Quoting ammarmemon
No need to be that harsh in your words. Don't know why you treat someone like that.
The message lands better that way, because it hits hard...
  • #563,330
  • Nov 17, 2011 5:52am Nov 17, 2011 5:52am
Quoting cloggie
The truth sounds harsh, but only to those that can't see it.
May be you are right and I am not able to see the bigger picture.
  • #563,331
  • Nov 17, 2011 5:52am Nov 17, 2011 5:52am
Quoting mla
Mate, in my humble opinion, you are not going to learn much here.

mla
Thanks mate. I respect your opinion.
  • #563,332
  • Nov 17, 2011 5:53am Nov 17, 2011 5:53am
Quoting ammarmemon
Thanks. I am gonna check my trading plan back and going to work on improving it.

Let the stop loss hit and make me pay. I will be more than happy to loose some amount of money if its worth learning and not making me repeat the same mistakes again.

Thank you once again.
Is a hopeless question, is your money your risk, your desicion, if your plan say enter here, stop there take profit there, etc etc thne trade your plan, all trades need breathe room, if trade success congrates, if fail, reassess, analyse, learn, then move on, trade over look for next opportunity, dont drag failure to next trade, is refvenge trade is dangerous, every trade must be fresh analysis etc, we all been there bro, is part of learning

Trade safe Kiwi
If you are new to Forex? Say Goodbye to your account!!
  • #563,333
  • Nov 17, 2011 5:56am Nov 17, 2011 5:56am
Quoting Brotyboy
Long time no see.
Hi, but my name aint Adrian btw. And i never seen you b4..
  • #563,334
  • Nov 17, 2011 5:57am Nov 17, 2011 5:57am
wise words indeed .

Quoting KiwiTrada
Is a hopeless question, is your money your risk, your desicion, if your plan say enter here, stop there take profit there, etc etc thne trade your plan, all trades need breathe room, if trade success congrates, if fail, reassess, analyse, learn, then move on, trade over look for next opportunity, dont drag failure to next trade, is refvenge trade is dangerous, every trade must be fresh analysis etc, we all been there bro, is part of learning

Trade safe Kiwi
  • #563,335
  • Nov 17, 2011 5:57am Nov 17, 2011 5:57am
1.3406 is a small possibility soon but markets are a little subdued so not sure yet. possible buying zone too
  • #563,336
  • Nov 17, 2011 5:57am Nov 17, 2011 5:57am
Quoting KiwiTrada
Is a hopeless question, is your money your risk, your desicion, if your plan say enter here, stop there take profit there, etc etc thne trade your plan, all trades need breathe room, if trade success congrates, if fail, reassess, analyse, learn, then move on, trade over look for next opportunity, dont drag failure to next trade, is refvenge trade is dangerous, every trade must be fresh analysis etc, we all been there bro, is part of learning

Trade safe Kiwi
Thanks a lot dear. Thanks for the friendly advice. Just trying that.

I am a bit confused and if any one can help here, it would be really appreciated.

I want some indicator or some way to differentiate between break outs and retracements. I usually mess around in between those two.
  • #563,337
  • Nov 17, 2011 5:57am Nov 17, 2011 5:57am
Inserted Video
  • #563,338
  • Nov 17, 2011 5:58am Nov 17, 2011 5:58am
http://video.milliyet.com.tr/video-i...gQurUp2Bk.html

this thing is very funny
  • #563,339
  • Nov 17, 2011 5:59am Nov 17, 2011 5:59am
nothing now,waiting ...
http://img585.imageshack.us/img585/3842/holding.png
  • #563,340
  • Nov 17, 2011 6:00am Nov 17, 2011 6:00am
Quoting ammarmemon
Thanks mate. I respect your opinion.

A lot of people like to show that they can trade, only because they cannot.

Trading is difficult, you need to deal with the hidden part of yourself. If you have passion for it, you can do it and with time. Is more of an art form the anything else and you will acquire that with time if the passion is there.

Your mate
mla
"The Heart is the hub of all dances; go there and chill out"
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