14 Year Old Forex Trader's Lessons | Page 286 | Forex Factory

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14 Year Old Forex Trader's Lessons

  • #5,701
  • Jan 25, 2012 12:47pm Jan 25, 2012 12:47pm
hi buma buma..
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Simplicity Is The Ultimate Sophistication ~LDV~
  • #5,702
  • Jan 25, 2012 1:08pm Jan 25, 2012 1:08pm
Quoting alterchristo
hi buma buma..
guess that hunted all my BE+ stops.

great trades
Have I got something on my face, SOLDIER?
  • #5,703
  • Jan 25, 2012 7:27pm Jan 25, 2012 7:27pm
guys im beat. really having 3+ swing trades that take so much analysis and effort and just get em BE'ed out takes the wind out of you. a lot . questions my whole trading ability.

do notice i might not post for a while.

take care eveyone
Have I got something on my face, SOLDIER?
  • #5,704
  • Jan 25, 2012 7:36pm Jan 25, 2012 7:36pm
Quoting bumapatria
LOL forgot the fomc
haha
FOMC trumps Mercury or any other planet if you ask me!

Guess those Gold shorts caught you, well, short?
It takes a lot for me to IGNORE you, but you can try.
  • #5,705
  • Jan 25, 2012 7:47pm Jan 25, 2012 7:47pm
Quoting bumapatria
guys im beat. really having 3+ swing trades that take so much analysis and effort and just get em BE'ed out takes the wind out of you. a lot . questions my whole trading ability.

do notice i might not post for a while.

take care eveyone
Take care of yourself.....Mentally and physically. Both required for trading
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #5,706
  • Jan 25, 2012 7:48pm Jan 25, 2012 7:48pm
Quoting Erebus
FOMC trumps Mercury or any other planet if you ask me!

Guess those Gold shorts caught you, well, short?
BE+d out on +2 USD from a +20 USD move.

it pisses u off a lot.
so did getting stoppedd out on a 70 pip dow move at +7
and getitng stopped out on eurusd after a50 pip move at +2.
Have I got something on my face, SOLDIER?
  • #5,707
  • Jan 25, 2012 8:03pm Jan 25, 2012 8:03pm
Quoting bumapatria
BE+d out on +2 USD from a +20 USD move.

it pisses u off a lot.
so did getting stoppedd out on a 70 pip dow move at +7
and getitng stopped out on eurusd after a50 pip move at +2.
I'm not GOLD trader but just looking BACK on price action, it is beyond me why human nature says to try and sell something when it goes up?

The mind is playing tricks and telling you it can't goes higher, you look for ANYTHING that agrees with your prediction, like planets, really?

Take a rest and be back better than ever!

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It takes a lot for me to IGNORE you, but you can try.
  • #5,708
  • Jan 25, 2012 8:15pm Jan 25, 2012 8:15pm
Quoting Erebus
I'm not GOLD trader but just looking BACK on price action, it is beyond me why human nature says to try and sell something when it goes up?

The mind is playing tricks and telling you it can't goes higher, you look for ANYTHING that agrees with your prediction, like planets, really?

Take a rest and be back better than ever!

nothing wrong with cycles im just looking at it wrong. i can honesntyl bust my head on the wall from an hourly look.

it kills me.
ill post it later

and very true post on PA perspective. thansk erebus for the post.

sad i was too blinded with a crash.
Have I got something on my face, SOLDIER?
  • #5,709
  • Jan 25, 2012 8:18pm Jan 25, 2012 8:18pm
i really wanna bust my head.

TL config and demand zone and all u needed was an intraday lunar config to line up and fucking voila.



fuck this

seriously im better off a day trader than a wannabe swing trader.

im better off a day trader than a swing trader. i shoudl look for daytrading opps and IF they grow into swing trades - i let em grow. if not then fcuk it.
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Have I got something on my face, SOLDIER?
  • #5,710
  • Jan 25, 2012 8:21pm Jan 25, 2012 8:21pm
Quoting bumapatria
i really wanna bust my head.

TL config and demand zone and all u needed was an intraday lunar config to line up and fucking voila.



fuck this

seriously im better off a day trader than a wannabe swing trader.

huh...finally fed spoil our yesterday trend fren..fucking shit bernanke..haha
Bismillah
  • #5,711
  • Jan 25, 2012 8:28pm Jan 25, 2012 8:28pm
Quoting krunfx
huh...finally fed spoil our yesterday trend fren..fucking shit bernanke..haha

i dont mind whatever he did or if price went up - i just wanna kill myself for beign amateur and not doing MTF analysis and updated and knowing what is going on.

because its important to know whats going on - not just to watch and not be prepared. it kills me to know i do the same mistakes as before. come on man - i gotta grow not go backwards.

well still - fcuk it.


not because i missed it. because i was blinded with biased thoughts.
Have I got something on my face, SOLDIER?
  • #5,712
  • Jan 25, 2012 8:43pm Jan 25, 2012 8:43pm
buma, four months ago you said:
Quote
To tell you the truth, i have been trading the 5 pairs (gold, silver, eu, dow) pretty carelessly despite the profit made. I have finally concluded that i am going to just focus on one pair: Eur/USD. my brain still has enough capabilities to analyze on market well, than analyze 5 markets 20%."

And I answered:
Quote
bumapatria, I'm very glad that you made this decision! Frankly speaking I wanted to tell you yesterday that I didn't like you trading so many very different markets. EURUSD is a great choice, and when you feel that you need more you can always add GBPUSD and/or EURJPY (excellent pair IMHO), it would be much easier trading even 3 FOREX pairs than trading FOREX, gold, silver and dow.

I quoted this not because I wanted to say "I told you so". I just want to remind you, that you knew all along: it is impossible for you to trade both gold and currencies and dow. And why should you? Trading is tough, don't make it even tougher!

I understand, gold could produce huge profits, but it also can deliver huge losses. You don't need this! You're such a smart kid, you know what you're supposed to do: get rich slowly but surely!

buma, take a break until Monday or until February 1, get some rest and then start trading EURUSD only or (even better) EURUSD and EURJPY. Take care of yourself, OK? I promise you: you're gonna be just fine and everything will be OK!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #5,713
  • Jan 25, 2012 8:50pm Jan 25, 2012 8:50pm
Quoting Favorite
buma, four months ago you said:


And I answered:


I quoted this not because I wanted to say "I told you so". I just want to remind you, that you knew all along: it is impossible for you to trade both gold and currencies and dow. And why should you? Trading is tough, don't make it even tougher!

buma, take a break until Monday or until February 1, get some rest and then start trading EURUSD only or (even better) EURUSD and EURJPY. Take care of yourself, OK? I promise you: you're gonna be just fine and everything will be OK!

true. thanks for coming to the rescue. yes i am taking a break.

i might pop in once in a while - but trading - hell no. im just even freaked to press the buy/sell button now.

thanks again my favorite sailorman


(as a friend)
Have I got something on my face, SOLDIER?
  • #5,714
  • Jan 25, 2012 8:50pm Jan 25, 2012 8:50pm
Quoting bumapatria
i dont mind whatever he did or if price went up - i just wanna kill myself for beign amateur and not doing MTF analysis and updated and knowing what is going on.

because its important to know whats going on - not just to watch and not be prepared. it kills me to know i do the same mistakes as before. come on man - i gotta grow not go backwards.

well still - fcuk it.


not because i missed it. because i was blinded with biased thoughts.

huhu.ok...gud reason
Bismillah
  • #5,715
  • Jan 25, 2012 10:21pm Jan 25, 2012 10:21pm
dow analysis to accompany the drop.
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Mercury's position at the title of this post's date.
and today at a fib ratio.
Have I got something on my face, SOLDIER?
  • #5,716
  • Jan 25, 2012 10:25pm Jan 25, 2012 10:25pm
Venus positions at that date and today.

ratios again. 76.4 fib vector.




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Have I got something on my face, SOLDIER?
  • #5,717
  • Jan 25, 2012 10:28pm Jan 25, 2012 10:28pm
more importantly the sun.



and chekc the prices - thats where dow is at now with the 161.8 degrees vector.
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Have I got something on my face, SOLDIER?
  • #5,718
  • Jan 25, 2012 10:32pm Jan 25, 2012 10:32pm
More lineups for a drop.

Mercury. see the previous position? now it is at the 261.8 vector of previous position at beginning of rally.

this is heliocentric
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same dates used. november 25th 2011.
Have I got something on my face, SOLDIER?
  • #5,719
  • Jan 25, 2012 10:40pm Jan 25, 2012 10:40pm
venus heliocentric. 100 degrees from that date.Gann said that 100 degrees was an important number.
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Have I got something on my face, SOLDIER?
  • #5,720
  • Jan 25, 2012 11:00pm Jan 25, 2012 11:00pm
Take a look at this.

61.8 earth heliocentric relationship from that position in the rally and now is where it is = 61.8 degrees of the vector.









to the normal ear this might sound like total stupid "crap" but lets just
see if it is or it is not.
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Have I got something on my face, SOLDIER?
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