14 Year Old Forex Trader's Lessons

added another buy on the dow

0.01, 0.02, and 0.03 lots total

shorted gold.

enetered demand in m5 but had newly made supply too in gold

m5 clears supply in gold, i banked +20 pips

i can re-enter later

selling crude for a hedge against my swing trade

and the whipsaw

sell in profit

closed the 0.03 lot on the dow buy +2, too much leverage is not good..

remaining net lots 0.02 (0.01 and 0.02)

closed oil hedge -20.

hedge succesfful. still netting a profit

closed half of 0.02 dow but at +1

running lots 0.02 (o.01, and 0.01)

try to be more flexible with swing trades, never leverage too much

hey guys i made a new thread completely on how i trade.

on this thread id like to talk more about me and the higher meaning of trading and myself.

http://www.forexfactory.com/showthre...=1#post5166327


this one is more on what i learnt and should have historical meaning to it for me in the future.

please still post and show analysis on this thread , btu on other thread, only post trades either based on PA or the square of nine thank u

Lesson Leaarnt:

if you decide to use TP and SL, leave it the way it is. i mean it, leave it.

Astro trading lesson learnt, u might be in DD but you also might be early, so dont give up a trade jsut because the aspect 'didnt take effect' yet.

therefore use a stop loss and confluence for a cycle trade.

and always, trust price, trust yourself, mayeb the planets too, and u have nothing to fear

Buma

i hpe this thread can stay alive with usual posters.

as with now i have the new thread ill post more sentimental and greater things here than trading:

the joy in it,

the fun in it,

the experience,

profits made,

losses made, lessons learnt

friendships made

and more.

my astro forecast on the other thread

http://www.forexfactory.com/showthre...=1#post5168096

USDCAD possibility to short
http://www.forexfactory.com/showthre...40#post5168840

26.11,2011
For one to ever succeed in this business, it was never about the system compeltely, yet the mindset. i have seen others and myself struggle when we do have a profitable style of trading, yet our mindset hinders us from profit and drags us to loss. know your style inside out, know price inside out, know YOURSELF MOST inside out. know what to do with you and price. YOU AND PRICE MUST MATCH for any harmony to happen. its not just a quote, to me its almost like its own being. a symphony that sings to our souls yet we do not open our minds to it. always listen to price.

astrology and 12/21/2012 what i think
http://www.forexfactory.com/showthre...99#post5169599
27/11/2011
I think we should all just pray and live life to what we believe is our best and be ready whenver it comes be it today, tommorow 2012, or 2021 etc we need to be ready to die whenever the time comes. how can one be ready to die? once he is spiritually at peace with oneslef and the one above (if you believe in a religion).

EURGBP and Sun and Moon aspects
http://www.forexfactory.com/showthre...95#post5169595

Gold and Venus Pluto Harmony
http://www.forexfactory.com/showthre...67#post5169567


am currently watching 'HOME' a documentary about earth.

buma.. this is a strong week with a lot of high impact news releases, so be aware of it just in case.

and you would probably be wondering why we had a big spike in all risky assets from 80 to 100 pips at the weekly, open... well, it's here:
http://www.reuters.com/article/2011/...+Business+News)

Happy trading

Pbh

pedro! how ar eyou? yeah im not worried one bit.

u know me... speculative before the event.

am 80+ on GU longs if ud like to check em out on the other thread

I see your posting much less in this thread, how's those stats of yours doing?
At least you should post them here so I can have a look and bow down to you

uppity downity with cycles. gotta know them insideo ut. still practice mode not really killing yet with larger lots. still using 0.01. i think going slower with forex is okay, no need to rsuh into swimming into money. that can wait for 4 years 18 years old and rich is good. right now its learning phase 2. learning phase 1 is cleared. now is where i used to use floaties in the water, now i still use a board to help me swim and fins. i can swim, but not yet without them u know?

come on pedro im only 3 months into this! whatdya expect? george soros? next month
joke... i wanna enjoy and learn every moment of it u know?

http://www.forexfactory.com/showthre...22#post5171522

all the trades i take from here.

this thread is more of the sentimental and greater values of trading and its lessons it gives me, hence the name

ADD: that dont mean im losing either
im not winning either. winning to me is... well.. uh... using larger lots?

hahahah, well definitely im going into consistency

I understand your way of thinking
Just keep on learning

Looking at EURUSD PA, it looks like we are at a supply zone at 5min, and it's also the london open, what do you think?