Hehe. I hope it helps. BTW, I'm the guy that just posted the comment defending speculation on the PF's thread on trading and ethical thoughts. Thanks for your kind words, Mike.
Looking forward for tomorrow's webinar!
fantastic postI am too!
Mike
james16 Chart Thread
- #106,561
- Jan 30, 2012 6:27pm Jan 30, 2012 6:27pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
fantastic postI am too!
Mike
- #106,563
- Jan 30, 2012 7:14pm Jan 30, 2012 7:14pm
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
I haven't come across a pinbra yet - care to explain?
- #106,565
- Jan 30, 2012 7:32pm Jan 30, 2012 7:32pm
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #106,570
- Jan 31, 2012 3:30am Jan 31, 2012 3:30am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #106,571
- Jan 31, 2012 4:42am Jan 31, 2012 4:42am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #106,572
- Jan 31, 2012 6:01am Jan 31, 2012 6:01am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #106,573
- Jan 31, 2012 6:24am Jan 31, 2012 6:24am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #106,574
- Jan 31, 2012 6:37am Jan 31, 2012 6:37am
Hey man ,
You know , "there are hundreds of ways to make money from the markets, still so hard to find one"
If that works for you it is more than fine . It doesn't for me . In my book this is far from A+ .
If anything bounced the price it was not that pin bar . Here all we are searching for confluence factors , but this also means they have to be strong and valid, too ! Else makes our entries more aggressive. Just my view.
Have a nice weekend
however, at the end, i risked less than 1% of my equity and i gained about 3.3%:
- #106,575
- Jan 31, 2012 6:45am Jan 31, 2012 6:45am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #106,578
- Jan 31, 2012 7:45am Jan 31, 2012 7:45am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
yes, why?
Did you not read post 1 and J16's minimum requirements for this thread?
MINIMUM REQUIREMENTS
If you are new to trading and/or you have had difficulty finding some consistent success, you must understand something. This is not a game and it's not a way to get rich quick. I suppose there is the odd exception of the person with a ton of money to play with, but if you approach this business without a business plan and the willingness to follow it, you are almost certainly doomed to failure. A doctor spends ten plus years in a grueling learning curve to be successful and earn a six figure income; anyone who thinks that their pot of gold in this business is a couple of months down the road is in for a rude awakening.
Below is a minimum requirement (in my opinion) to find out without losing your @#!@#$%$# if this business is for you. By following these recommendations, you will be treating trading like a business and you will be learning and gaining confidence. I think this is so important, I am going to make the following statement: If you start out in this business using no common sense, you have no one to blame other than yourself when you lose all your money. There is no reason to ever lose a dime of your money while learning to trade. A well thought-out business plan, common sense and hard work is required for anyone who wants a chance at success. Many people meet those requirements and still fail, but it does not mean you have to watch your bank account go to zero.
MINIMUM REQUIREMENTS / THIS IS A BUSINESS
WHATEVER / WHICHEVER WAY YOU DECIDE TO TRADE YOU MUST (AT A MINIMUM):
- ON DAILY AND WEEKLY TIME-FRAMES, YOU ONLY DEMO-TRADE FOR THREE CONSECUTIVE PROFITABLE MONTHS IN A ROW. YOU DO NOT PROCEED TO STEP TWO UNTIL COMPLETED.
