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Fail Better

  • #3,701
  • Jun 7, 2012 9:57am Jun 7, 2012 9:57am
traders,

pls take a look is this a sfp in ej ??
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  • #3,702
  • Jun 7, 2012 11:12am Jun 7, 2012 11:12am
Quoting astock
traders,

pls take a look is this a sfp in ej ??
Yes,but in my opinion the one on Eur/Usd is a better one.
Patience is essential
  • #3,703
  • Jun 7, 2012 7:26pm Jun 7, 2012 7:26pm
Quoting benem
Nzd/Usd Long at Pull Back...
Got my fill at .7648
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  • #3,704
  • Jun 8, 2012 5:08am Jun 8, 2012 5:08am
Quoting nymeria
Got my fill at .7648
I didn't take this trade at the end.....But based on my
trade management rules i would have gotten a small loss,maybe break even.
Patience is essential
  • #3,705
  • Jun 8, 2012 8:39am Jun 8, 2012 8:39am
Looking forward to Toms next video. I hear its very early here in Australia. what time and time zone is his seminar?
WARNING: Don't follow me as I'm just learning
  • #3,706
  • Jun 8, 2012 8:54am Jun 8, 2012 8:54am
Quoting adam777
Looking forward to Toms next video. I hear its very early here in Australia. what time and time zone is his seminar?
i think he hold his webinar at 06:00pm gmt.
  • #3,707
  • Edited 6:02pm Jun 8, 2012 3:58pm | Edited 6:02pm
Quoting nymeria
Got my fill at .7648
Target hit (but not without some drawdown first). As far as I know, Tom hasn't really given any clear criteria for exiting early in these situations so I just leave my trade running until either TP or SL is hit. I figure its good practice to stop fiddling around with trades and just let them play out.

If you don't mind me asking Benem, why didn't you take the trade and what are the trade mgt rules that would have gotten you out of it?
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  • #3,708
  • Jun 8, 2012 4:29pm Jun 8, 2012 4:29pm
Hi all, this was a nice sfp today in silver, possible right shoulder here?

http://i1084.photobucket.com/albums/...ER08062012.jpg
  • #3,709
  • Jun 9, 2012 8:18am Jun 9, 2012 8:18am
Quoting Quidsey
Hi all, this was a nice sfp today in silver, possible right shoulder here?

http://i1084.photobucket.com/albums/...ER08062012.jpg
How do you make that nice rounded arrow??
Patience is essential
  • #3,710
  • Jun 9, 2012 8:29am Jun 9, 2012 8:29am
Quoting nymeria
Target hit (but not without some drawdown first). As far as I know, Tom hasn't really given any clear criteria for exiting early in these situations so I just leave my trade running until either TP or SL is hit. I figure its good practice to stop fiddling around with trades and just let them play out.

If you don't mind me asking Benem, why didn't you take the trade and what are the trade mgt rules that would have gotten you out of it?
I didn't take it because i am a lazy B.....It's something i am trying to eradicate.
I am still testing on a long run which way is the better one....for the moment i apply the method explained below,but consider i have a demo account and i am lerning this method too,adapting it to myself.
Bye
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Patience is essential
  • #3,711
  • Jun 9, 2012 9:57am Jun 9, 2012 9:57am
Quoting nymeria
Target hit ?
NICE you stuck with with that one, following the thread I figured you probably ate it. I think Tom called that as a level he had an order at on twitter. I have no way of knowing whether or not he took a loss on it. If i had to guess i would say he did.

I'm really interested in setting up some type of skype or IRC channel or something to get some live discussion going during trading hours. I'm not really sure what direction to go. Please pm me if you are interested.

Maybe we can all help each other out. For instance, I feel like I have a pretty good beat on SFP's that Tom would trade. But I need some help on organizing my record keeping. I also have a little confusion regarding FTAs. It would be nice if followers of this thread could discuss it together live.

Sam I would also really like to speak to you.

my spam email is [email protected] for anyone who would like to contact me.
Support the Resistance
  • #3,712
  • Jun 9, 2012 10:35am Jun 9, 2012 10:35am
Quoting benem
How do you make that nice rounded arrow??
....with a nice little program called PicPick, it's free and you can download it here:

http://www.picpick.org/download
  • #3,713
  • Jun 9, 2012 2:31pm Jun 9, 2012 2:31pm
Sounds good, add me to skype @ samtradesfx
  • #3,714
  • Jun 9, 2012 2:42pm Jun 9, 2012 2:42pm
With the news going on this weekend, keep a close eye out for the gaps tomorrow guys.
  • #3,715
  • Jun 9, 2012 4:07pm Jun 9, 2012 4:07pm
My skype is amanda_suen.
  • #3,716
  • Jun 9, 2012 10:16pm Jun 9, 2012 10:16pm
More of the same...
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  • #3,717
  • Jun 9, 2012 11:07pm Jun 9, 2012 11:07pm
thats a great to exchange ideas over skype.

maybe we can open a group in skype named " fail better"

my skype is : tom580823
  • #3,718
  • Jun 10, 2012 3:36pm Jun 10, 2012 3:36pm
Quoting astock
thats a great to exchange ideas over skype.

maybe we can open a group in skype named " fail better"

my skype is : tom580823
I would like to join....my skype name is pele0230
  • #3,719
  • Jun 10, 2012 5:07pm Jun 10, 2012 5:07pm
AUD/USD 1hr SFP, target is near the gap. Price is also bouncing off parity.
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  • #3,720
  • Jun 10, 2012 6:04pm Jun 10, 2012 6:04pm
Sounds great. My Skype ID is mshephrd.
"Dare to live the life you have dreamed for yourself. Go forward and make y
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