Don't get greedy and stick to your strategy
- #607,025
- Mar 9, 2012 10:23am Mar 9, 2012 10:23am
Maybe the same reason you moved your stop BIG slap coming up
I mean what kind of RR does he have? Also there is a weekend before us who knows maybe Greece will go down over weekend.
I the kind of trader who is happy with entering a little bit too late and getting green pips fast instead of entering a trade too early and starting with a lot of red pips. But I think this is a question of risk management. Also as my signature says I'm a greenhorn so I want to be on the safe side...
[edit]
I see it was an order sorry I didn't see that. Then it would make some sense but seriously, i don't feel comfortable going counter trend
Warning: Greenhorn
Don't get greedy and stick to your strategy
Don't get greedy and stick to your strategy- #607,026
- Mar 9, 2012 10:24am Mar 9, 2012 10:24am
- Joined Jan 2011 | Status: Winning is my hobby! | 2,120 Posts
who is still shorting and shorting and gaining with me???
Yeah I'm sure that the slap will come but why not wait for a signal?
I mean what kind of RR does he have? Also there is a weekend before us who knows maybe Greece will go down over weekend.
I the kind of trader who is happy with entering a little bit too late and getting green pips fast instead of entering a trade too early and starting with a lot of red pips. But I think this is a question of risk management. Also as my signature says I'm a greenhorn so I want to be on the safe side...
- #607,033
- Mar 9, 2012 10:29am Mar 9, 2012 10:29am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
Yeah I'm sure that the slap will come but why not wait for a signal?
I mean what kind of RR does he have? Also there is a weekend before us who knows maybe Greece will go down over weekend.
I the kind of trader who is happy with entering a little bit too late and getting green pips fast instead of entering a trade too early and starting with a lot of red pips. But I think this is a question of risk management. Also as my signature says I'm a greenhorn so I want to be on the safe side...
[edit]
I see it was an order sorry I didn't see that....
- #607,037
- Mar 9, 2012 10:31am Mar 9, 2012 10:31am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #607,040
- Mar 9, 2012 10:36am Mar 9, 2012 10:36am
SSSSSLLLLLLAAAAAAAAAAP
first I had my T/P on Daily S2 (30774) then I moved it up to 3101 and then 31135.
I could have stayed at 33101 and gained extra 12 Pips but yeah it also could have moved up again what it initially did but then it came to 31135 and broke out of the 1M range. But seriously... I won't eat my hat because of 12 pips I missed.
Also as said 1M isn't really good to watch for patterns.
If it wouldn't be friday I would re-enter short at 31101 (38.2 fib) and t/P on Daily S2 what is fib 161.8 (little bit less) but yeah actually it is friday
actually everyone who is interested that EUR goes up is just heading way home, all managers and big players are already in their ferraris with their blonde super models. US ppl are just going out for lunch and make their plans to roll out their super plans to invade iran and grab some oil while greece is is going down.
so maybe it isn't as stupid to enter short Warning: Greenhorn
Don't get greedy and stick to your strategy
Don't get greedy and stick to your strategy