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14 Year Old Forex Trader's Lessons

  • #5,301
  • Edited 7:23am Dec 30, 2011 6:50am | Edited 7:23am
Close +150 and half position left the other two mother fuggas lower to run and hit my resistance. oh wait there is none

till those higher pink boxes i bet price will start stalling
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Have I got something on my face, SOLDIER?
  • #5,302
  • Dec 30, 2011 7:41am Dec 30, 2011 7:41am
How you doing for an account? You may have mentioned it through your posts but I just skimmed through some of the pages. Are you back to a demo account or were you able to acquire more funding? If so, have you been able to turn your ideas into profitable ones.

You seem very emotional which is not a bad thing but some of your outcomes seem to come from more of a hope than analysis. You have a lot of four syllable words and more in your vocabulary but knowledge can be limited, and to some degree, deceptive.

Some of your responses lead me to believe that hope is more of a driving force for your outcomes inundated with questions as to whether what was done was the right move. It is good to question yourself, but you should come up with a few answers as well.

I said all that to say this: has your account grown or not? Well, I hope your learning curve has increased in proportion to you account. It's great when that begins to happen.
Taigen Profit This Month: na
  • #5,303
  • Dec 30, 2011 7:48am Dec 30, 2011 7:48am
frigging nuts

200 pips atm
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Have I got something on my face, SOLDIER?
  • #5,304
  • Dec 30, 2011 7:54am Dec 30, 2011 7:54am
Quoting bumapatria
thanks adi,

its not just for perks, LOL i used to have a very old amateur chart with around 20 indis


this one is very classic and old stylish...

ancient i would say...
as time is one of the first things that existed.

sometimes i wonder... what is time? anyone can answer?
time is relative.

relative to speed, and relative to life span.
AVT INVENIAM VIAM AVT FACIAM
  • #5,305
  • Dec 30, 2011 7:55am Dec 30, 2011 7:55am
also relative to technique employed in the measurement there of.
AVT INVENIAM VIAM AVT FACIAM
  • #5,306
  • Dec 30, 2011 7:56am Dec 30, 2011 7:56am
Quoting bumapatria
frigging nuts

200 pips atm

Jesus, these colors are killing my eyes. You must be a big Bieber fan to use such a color scheme.
  • #5,307
  • Dec 30, 2011 7:57am Dec 30, 2011 7:57am
Quoting Taigen
How you doing for an account? You may have mentioned it through your posts but I just skimmed through some of the pages. Are you back to a demo account or were you able to acquire more funding? If so, have you been able to turn your ideas into profitable ones.

You seem very emotional which is not a bad thing but some of your outcomes seem to come from more of a hope than analysis. You have a lot of four syllable words and more in your vocabulary but knowledge can be limited, and to some degree, deceptive.

Some of your responses lead me...
i wonder why u got no vouch on you. Very wise words, ill take them no way in light manners. will look over what you said

thanks sir. btw LIve account.
Have I got something on my face, SOLDIER?
  • #5,308
  • Dec 30, 2011 7:58am Dec 30, 2011 7:58am
Quoting Uilen
Jesus, these colors are killing my eyes. You must be a big Bieber fan to use such a color scheme.
lol screw it i hosnetly friggin hate him


its just that pink stands out and makes my eyes hurt so i know the important levels
Have I got something on my face, SOLDIER?
  • #5,309
  • Dec 30, 2011 7:59am Dec 30, 2011 7:59am
Quoting the redlion
time is relative.

relative to speed, and relative to life span.
thank you for the def red


to me 3 thigns are most important

time
volume
price



im sure urs is
momentum
acceleration
deceleration


correct me if im wrong and ,maybe also volatility
Have I got something on my face, SOLDIER?
  • #5,310
  • Dec 30, 2011 8:01am Dec 30, 2011 8:01am
Quoting bumapatria
thank you for the def red


to me 3 thigns are most important

time
volume
price



im sure urs is
momentum
acceleration
deceleration


correct me if im wrong and ,maybe also volatility
volatility
direction
momentum (which includes, the vectors of displacement, and velocity)
statistics.
AVT INVENIAM VIAM AVT FACIAM
  • #5,311
  • Dec 30, 2011 8:05am Dec 30, 2011 8:05am
Quoting bumapatria
lol screw it i hosnetly friggin hate him


its just that pink stands out and makes my eyes hurt so i know the important levels

Don't you get any headaches?

I suppose you answered similar questions before, but why do you like trading? When I was 14 I did not find such things being even remotely interesting. Is it your way of saying "hey look, I am turning into a grownup right now"? Or is it your hobby? (if u are not fake, of course)

Anyway, it's pretty awesome if you started trading that early. Ever hear of Jesse Livermore? He was named "boy plunger". He also started trading early and became famous. You can read the book "Reminiscences of a Stock Operator" if you haven't done it yet.
  • #5,312
  • Dec 30, 2011 8:08am Dec 30, 2011 8:08am
i taught him price movement, risk management, and objective analysis.
the purpose behind all the mumbo jumbo, but i guess he likes pretty colors.

can you believe he actually stands on top of the great pyramid of giza and looks up at the stars, throws some sort of gun powder and asks RA to guide him.

Ra draws a chart on the sparkling gun powder that explodes up high, with this knowledge he knows exactly what is ahead.
AVT INVENIAM VIAM AVT FACIAM
  • #5,313
  • Dec 30, 2011 8:14am Dec 30, 2011 8:14am
Quoting the redlion
i taught him price movement, risk management, and objective analysis.
the purpose behind all the mumbo jumbo, but i guess he likes pretty colors.

can you believe he actually stands on top of the great pyramid of giza and looks up at the stars, throws some sort of gun powder and asks RA to guide him.

Ra draws a chart on the sparkling gun powder that explodes up high, with this knowledge he knows exactly what is ahead.
I just remembered an old joke about an officer teaching young boy some interesting things but it's offtopic

Anyway, green pips and happy New Year to everyone reading this at the moment.
  • #5,314
  • Dec 30, 2011 8:37am Dec 30, 2011 8:37am
Quoting the redlion
i taught him price movement, risk management, and objective analysis.
the purpose behind all the mumbo jumbo, but i guess he likes pretty colors.

can you believe he actually stands on top of the great pyramid of giza and looks up at the stars, throws some sort of gun powder and asks RA to guide him.

Ra draws a chart on the sparkling gun powder that explodes up high, with this knowledge he knows exactly what is ahead.
LOL...

no. i only predict the highest probability lowest risk setups.
see the perspective, high and low, cloes and far, see what is lowest risk as The Lion told me and taught me.


and pricetime is a great thing i still find a mystery. but amazing. and LOL ra knows nothing. He shucks, i rule
Have I got something on my face, SOLDIER?
  • #5,315
  • Dec 30, 2011 9:14am Dec 30, 2011 9:14am
0830 GMT was a time line off the 30m chart - also a well known time for cable to complete its early fake-out aka big ben move - before setting upon its main move of the morning / day.

That high volume doji off the 5400 area followed 3 candles later by the Higher Low hammer was a great entry which being in holiday mode I missed - I got some later -

The wide ranged semi marubozo thru the next 00 level put - IMO - the R2 - MR3 box into play and on this chart I've got 2 TLs that could pick out the high - off the 5m chart , I'd pick the 3pm candle....TWT.....
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Trading Levels with WRBs
  • #5,316
  • Dec 30, 2011 9:31am Dec 30, 2011 9:31am
Quoting bumapatria
i wonder why u got no vouch on you. Very wise words, ill take them no way in light manners. will look over what you said

thanks sir. btw LIve account.
Why should I have vouchers? All I have are my words. First off, I'm not sure what vouchers are anyway. This January, it is my intention to set up a 2k account on Trade Explorer. Then anyone can see my successes and failures. My goal is to break 100k within the year. We'll see what happens.

I certainly do not mean to be harsh. It would be interesting to see your outcomes based on your strategies whether they are working or working well or are they achieving what is expected. Are your failures minimized? What have you learned on a particular strategy regarding its consistency. Things like that. I would love to learn from you.

In fairness to you, I have not read all your posts so you may have indeed discussed these issues.

Sometime in January look for my Trade Explorer account.
Taigen Profit This Month: na
  • #5,317
  • Dec 30, 2011 9:36am Dec 30, 2011 9:36am
Quoting Taigen
Why should I have vouchers? All I have are my words. First off, I'm not sure what vouchers are anyway. This January, it is my intention to set up a 2k account on Trade Explorer. Then anyone can see my successes and failures. My goal is to break 100k within the year. We'll see what happens.

I certainly do not mean to be harsh. It would be interesting to see your outcomes based on your strategies whether they are working or working well or are they achieving what is expected. Are your failures minimized? What have you learned on a particular...

no harm taken

i got risk management mentoring from the best. Trading with minimalized risk, and maximized profit potential. Getting out of a rut with many strategies, looking for opps in other pairs/insrtuments, averaging in on retracement (if i am wrong) proper lot siizng. failures are minimized. i have a 1% target daily, i think i made around 11% today MUST STOP. twas the GU trade that made that. 3 longs each was 3% profit each. yes, its a lot, but i dont leverage a lot MAx is 1:10 if i see the best setups like that one just now.

there is no reason to be afraid i learnt to add to positions especially the winning ones. Using profit stops and scaling out to lock into profit. sometimes opening an opposite positon on a strategic location to lock rpfoit from both sides.

many things i got for the MM side. lot of tricks.
Have I got something on my face, SOLDIER?
  • #5,318
  • Dec 30, 2011 9:38am Dec 30, 2011 9:38am
Hows it going buma

2011 done.
  • #5,319
  • Dec 30, 2011 9:45am Dec 30, 2011 9:45am
Quoting Tyoon
Hows it going buma

2011 done.
swell swell Tyoon happy new year to you too best of trading best of health best of success to you buddy



and btw to Taigen, all learnt from the Great Redlion.
Have I got something on my face, SOLDIER?
  • #5,320
  • Dec 30, 2011 9:46am Dec 30, 2011 9:46am
Quoting Islander
0830 GMT was a time line off the 30m chart - also a well known time for cable to complete its early fake-out aka big ben move - before setting upon its main move of the morning / day.

That high volume doji off the 5400 area followed 3 candles later by the Higher Low hammer was a great entry which being in holiday mode I missed - I got some later -

The wide ranged semi marubozo thru the next 00 level put - IMO - the R2 - MR3 box into play and on this chart I've got 2 TLs that could pick out the high - off the 5m chart , I'd pick the 3pm...
niec analysis appreciate it being posted here

its okay better missed than loss i would say.

(unlikey when i saw my setup )

take care islander happy new year all the best for the comin year
Have I got something on my face, SOLDIER?
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