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  • #642,821
  • May 13, 2012 5:35pm May 13, 2012 5:35pm
Quoting Avir
@ HDA
You have been spot on for the past 9 weeks or so while i was under water HDA, such a shame i closed all my shorts @31001 few weeks back, if i could have had enough account balance to hold my shorts without worries and kept it till now, i would have made a fortune.
Hope you are good and well!?
Pls see PM
Avir
@Avir:

Dont worry about closing your trades early. Dont worry about how much money you could have made. That's why alot of people scalp - they want to grow the account fast and they love the thrill of the Blow by Blow. Its too tiresome for me.

I remember when I use to trade with all 12 screens in 2006 and boy was that fun, but I wore myself out doing it. I then had to stop.

Postion trading is alot more relaxing and it allows me alot of family time and less stress. I once end my relationship with my girlfriend, just because of trading. Again - this is just a personal issue. For those who perfer to scalp forever, again, that's not bad, if thats what they like.

Usian Bolt is not going to forever be the fastest man in the world and as he grows older someone younger will take over, hopefully they continue to be from Jamaica - LOL - but my point is - I have changed and position trading is about endurance, patience and alot less stress and in the long run an extremely large pay off if you can be disciplined enough to stay focused.

Again - it boils down to personality.

Respectfully,
HDA
  • #642,822
  • May 13, 2012 5:36pm May 13, 2012 5:36pm
Hey guys, forget about Cloggie,
I'm sure he will be back in a few months, but just learn to trade without him okay?

I mean, what is the fun if you go to a casino and the manager tells you the next roulette ball is black?
And then he gives you the outcome 10 times.
You are betting bigger and bigger

The eleventh time he said red and you go in for $50K
And you lost!!!!!!!!!!!!!!!!!!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,823
  • May 13, 2012 5:38pm May 13, 2012 5:38pm
I'm kind of heavy long EU now
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,824
  • May 13, 2012 5:39pm May 13, 2012 5:39pm
Quoting KillerWhale
I'm kind of heavy long EU now
Target = 1.2920
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,825
  • May 13, 2012 5:41pm May 13, 2012 5:41pm
Quoting pkimnyc
welcome back hda.
@PKIMNYC:

Thank you Sir. I went on a retreat and no communication devices were allowed. I really got back in touch with myself and silenced all the noise and hustle and bustle of everyday life. It was very refreshing and worth it.

I never even thought about my trades and here I am back at the screen and in the GREEN heavily without a care in the world about the news and what took place last week in the markets.

I read on your loss on a trade - I hope you managed to recover it. I respect that fact that you courageously posted it. Well done. It takes courage to post losers and only the weak posts Winners.

Respectfully,
HDA
  • #642,826
  • May 13, 2012 5:46pm May 13, 2012 5:46pm
Quoting HDA
@PKIMNYC:

Thank you Sir. I went on a retreat and no communication devices were allowed. I really got back in touch with myself and silenced all the noise and hustle and bustle of everyday life. It was very refreshing and worth it.

I never even thought about my trades and here I am back at the screen and in the GREEN heavily without a care in the world about the news and what took place last week in the markets.

I read on your loss on a trade - I hope you managed to recover it. I respect that fact that you courageously...
I had a few losers too last week, I didn't even mention them because the huge wins I made with EurCad and UsdCad covered all of it and way more.

I lost my bet on EG but at this moment I'm heavily in the PLUS
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,827
  • Edited 5:48pm May 13, 2012 5:46pm | Edited 5:48pm
Quoting HDA
@Avir:

Dont worry about closing your trades early. Dont worry about how much money you could have made. That's why alot of people scalp - they want to grow the account fast and they love the thrill of the Blow by Blow. Its too tiresome for me.

I remember when I use to trade with all 12 screens in 2006 and boy was that fun, but I wore myself out doing it. I then had to stop.

Postion trading is alot more relaxing and it allows me alot of family time and less stress. I once end my relationship with my girlfriend, just...
@ HDA
I never been worried about closing my trades early, i hope you remember when i closed one at 3001 couple of months back, the fact is for some reason i believe what you say, you dont post a chart, you dont post lots and lots of numbers in red green and blue but you just TALK, when you talk for some reason lot of us here like it, therfore like Mohan asked please teach us when you can of cause, how to trade long time trades like you know!!
PLEASE
Avir
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #642,828
  • May 13, 2012 5:47pm May 13, 2012 5:47pm
Quoting HDA
@PKIMNYC:

Thank you Sir. I went on a retreat and no communication devices were allowed. I really got back in touch with myself and silenced all the noise and hustle and bustle of everyday life. It was very refreshing and worth it.

I never even thought about my trades and here I am back at the screen and in the GREEN heavily without a care in the world about the news and what took place last week in the markets.

I read on your loss on a trade - I hope you managed to recover it. I respect that fact that you courageously...
thanks for your kind words hda.
yes, i do have losses occasionally here and there. can't seem to win all the time. as long as losses are controlled, i look at it as cost of doing business and that's the beauty of using sl: i was wrong.
no biggy.
  • #642,829
  • May 13, 2012 5:51pm May 13, 2012 5:51pm
Quoting Avir
@ HDA
I never been worried about closing my trades early, i hope you remember when i closed one at 3001 couple of months back, the fact is for some reason i believe what you say, you dont post a chart, you dont post lots and lots of numbers in red green and blue but you just TALK, when you talk for some reason lot of us here like it, therfore like Mohan asked please teach us when you can of cause, how to trade long time trades like you know!!
Avir
It really doesn't matter where you close your trades.

Just realize this>>>>>>>>>>>>>>>

If you put your money in a bank savings account, you will get about 1% per year.
And also realize that it is not very difficult to get 1% in a week
So............. do I have to make more calculations?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #642,830
  • May 13, 2012 5:51pm May 13, 2012 5:51pm
Quoting mohan76
HDA,

when you have some spare time pls teach us how to do very long time trade (like finding setup , planing , take trade , exit )

Thanks
@mohan76:

Sure no problem

Respectfully,
HDA
  • #642,831
  • May 13, 2012 5:58pm May 13, 2012 5:58pm
Quote
And also realize that it is not very difficult to get 1% in a week
So............. do I have to make more calculations?
Yes, actually let's make a few more calculations.

Luckily one of our Russian colleagues has done it already.
http://articles.mql4.com/631

Now after some calculations. Your 1% seems attractive. But it's guru talk, no sane mind can take those swings.

Keep it real
  • #642,832
  • May 13, 2012 6:04pm May 13, 2012 6:04pm
Quoting KillerWhale
It really doesn't matter where you close your trades.

Just realize this>>>>>>>>>>>>>>>

If you put your money in a bank savings account, you will get about 1% per year.
And also realize that it is not very difficult to get 1% in a week
So............. do I have to make more calculations?
Killier, no hard felings, i dont normally put my money in"a" bank, but when i did that last time, not in UK though, i got 15 % back.
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #642,833
  • May 13, 2012 6:04pm May 13, 2012 6:04pm
Prior to Last week I had buy limits and it got picked up and I lost on MONDAY open.

I fought with my Broker FXDD and they refused and stated that the money will not be refunded. Due to this arrogant nature, I closed my account with FXDD.

We had another account with vantage fx and there too buy limits picked up prior to last week.

W did not fight with them but took up the matter with them and they promptly refunded the losses and apologized for the system error.

I had opened sell order with vantage on last Friday and I just decided to close on profit.
Intraday only.
  • #642,834
  • May 13, 2012 6:09pm May 13, 2012 6:09pm
Quoting Avir
@ HDA
I never been worried about closing my trades early, i hope you remember when i closed one at 3001 couple of months back, the fact is for some reason i believe what you say, you dont post a chart, you dont post lots and lots of numbers in red green and blue but you just TALK, when you talk for some reason lot of us here like it, therfore like Mohan asked please teach us when you can of cause, how to trade long time trades like you know!!
PLEASE
Avir
@Avir:

I remember very well your trade that you closed at 1.3001 that you wanted to close early and I urged you to trade your plan and ignore everyone else in the room.

In the past I posted one week worth of trading - Entry, Exit, Stop Loss, Take Profit and I posted the Account Summary after all the trades.

I posted all the wins and the one loss. I post the reason for the loss and the lessons I learnt.

My presence here has been to help traders with the psychology of trading because trading is 80% psychology, 10% skill and 10% mental ability. The Psychology is why traders fail and that's how I have managed to try and help you along. Everyone wants a blue print. I never got a blue print. I created my own blue print from all my failures, experience, time and effort.

We each need to do that - create our own blue print.

I dont post a chart because - its just one chart - a 3H - I dont use any indicators, no trendlines, just support and resistance lines from the 1D and 4H - I colour code the daily support/resistance lines yellow and I colour code the 4H support/resistance lines purple - and that's it

So there's nothing to see.

Respectfully,
HDA
  • #642,835
  • May 13, 2012 6:12pm May 13, 2012 6:12pm
Quoting pkimnyc
thanks for your kind words hda.
yes, i do have losses occasionally here and there. can't seem to win all the time. as long as losses are controlled, i look at it as cost of doing business and that's the beauty of using sl: i was wrong.
no biggy.
@PKIMNYC:

Well said, it is the cost of doing business - Stop loss

Respectfully,
HDA
  • #642,836
  • May 13, 2012 6:15pm May 13, 2012 6:15pm
Quoting HDA
@Avir:

I remember very well your trade that you closed at 1.3001 that you wanted to close early and I urged you to trade your plan and ignore everyone else in the room.

In the past I posted one week worth of trading - Entry, Exit, Stop Loss, Take Profit and I posted the Account Summary after all the trades.

I posted all the wins and the one loss. I post the reason for the loss and the lessons I learnt.

My presence here has been to help traders with the psychology of trading because trading...
"you wanted to close early and I urged you to trade your plan and ignore everyone else in the room"
I dont need to say more but please see what Mohan asked?? pls
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #642,837
  • May 13, 2012 6:16pm May 13, 2012 6:16pm
Before & After

How is my gift so far ?

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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #642,838
  • May 13, 2012 6:16pm May 13, 2012 6:16pm
Quoting KillerWhale
I had a few losers too last week, I didn't even mention them because the huge wins I made with EurCad and UsdCad covered all of it and way more.

I lost my bet on EG but at this moment I'm heavily in the PLUS
@KillerWhale:

We win some and we lose some and trading responsibly always keeps us in the GREEN.

Respectfully,
HDA
  • #642,839
  • May 13, 2012 6:18pm May 13, 2012 6:18pm
Quoting pkimnyc
thanks for your kind words hda.
yes, i do have losses occasionally here and there. can't seem to win all the time. as long as losses are controlled, i look at it as cost of doing business and that's the beauty of using sl: i was wrong.
no biggy.
Yah well said. There must be a cost for doing this and that is the loss. But as long as we learn from mistake that is fine.

I am not afraid to say I lost but nowadays i have a system and stick on with it. If there is a loss I take it, and later make up the losses.

I have been ok with it for some time now.
Intraday only.
  • #642,840
  • May 13, 2012 6:22pm May 13, 2012 6:22pm
Quoting Avir
"you wanted to close early and I urged you to trade your plan and ignore everyone else in the room"
I dont need to say more but please see what Mohan asked?? pls
@Avir:

I saw what mohan76 asked and I responded to his post.

Please scroll down

I have never asked anyone to show me their trading plan - I listen, support and I learn. Seeing and knowing and learning my blue print does not mean you will be able to trade it. The psychology is what makes traders fail - not the perfect plan.

Respectfully,
HDA
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