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Bad Trade Thread, Lets Talk About It

  • #61
  • Jun 22, 2012 3:47am Jun 22, 2012 3:47am
OH NO YOU DIDNT!


Anybody say history wont repeat itself ?????

lol, look at my bad trade at UC!!! ... godfriggin damit!!!

well ive to say .. i will let the SL get hit again @1.02700 FFS

nearly the picture perfect same example like the last trade in AU !!

I Took a Long Position at Resistance yet again!!! ..

and well , itplayed out just the same!!!

fuckin wannabe breakout trader!!!!


OK NOTE To myself.. i wont take any long tardes at resistance period!
till i get my shit right...


OH not only did i tokk 1 position but TWO!!! .. fuckin tillt move me says..

cheers..

Happy Weekend..

i will get better i know! its just a phase... and i prob need that phase and experience .... alot of expirience..
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  • #62
  • Jun 22, 2012 6:13am Jun 22, 2012 6:13am
lol
  • #63
  • Jun 29, 2012 2:46am Jun 29, 2012 2:46am
still working on that 100% month trading system, in 68 days we was able to get 51% not bad but not what i wanted
  • #64
  • Jul 20, 2012 2:56pm Jul 20, 2012 2:56pm
ahahha nice thread.
can we laugh to other's mistakes??
you can laugh at mine!! much appreciated.

here is one happened this week:
gold (xauusd)
long position 1583 to tgt previous high. just a scalp.
i had stop loss below WP but i thought "ehehe you will not fuck me... i will move stop loss below previous low nad some pips more, so i will be safe!"

yes,
price took me out and reversed exactly at my stop loss then went straight to my target.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_XAU_USD_Hourly_snapshot.png Size: 9 KB
90% of traders use TA, indicators and prediction
  • #65
  • Jul 20, 2012 2:59pm Jul 20, 2012 2:59pm
there is really nothing to do when things like this happen.
only accept the fact and pray that will not happen often.
90% of traders use TA, indicators and prediction
  • #66
  • Jul 20, 2012 3:05pm Jul 20, 2012 3:05pm
Quoting PrymeTyme
OH NO YOU DIDNT!


Anybody say history wont repeat itself ?????

lol, look at my bad trade at UC!!! ... godfriggin damit!!!

well ive to say .. i will let the SL get hit again @1.02700 FFS

nearly the picture perfect same example like the last trade in AU !!

I Took a Long Position at Resistance yet again!!! ..

and well , itplayed out just the same!!!

fuckin wannabe breakout trader!!!!


OK NOTE To myself.. i wont take any long tardes at resistance period!
till i get my shit right...


OH not only did i tokk 1 position but TWO!!!...
the very best is when you take the last pip possible.
i mean you open long at ask price, and you see your buy line 2 -3 pips (depending on spread) above the very extreme top of a 50 to 150 pips down move.
i have no charts to attach... but happened to me! luckily was a demo, but problem is that i was confident in that move.
90% of traders use TA, indicators and prediction
  • #67
  • Jul 20, 2012 3:08pm Jul 20, 2012 3:08pm
Quoting PoundTrader
A place where you can let off steam about your bad trade, you can talk about your trade, what went wrong, where you think you mess up at, and what you can do to improve. other traders are welcome to give advise
Hi PoundTrader,

Congrat for your thread, Bro.

I missed your Train... These my first BAD
Always looking the GREAT, never left GOOD Point...
  • #68
  • Aug 7, 2012 3:54am Aug 7, 2012 3:54am
Quoting Tsar
Hi PoundTrader,

Congrat for your thread, Bro.

I missed your Train... These my first BAD
hi
  • #69
  • Feb 4, 2014 9:24pm Feb 4, 2014 9:24pm
Quoting PoundTrader
{quote}hi
Hi PoundTrader,

Forgot replied your posted, Bro.

Almost 18 months... These my second BAD
Always looking the GREAT, never left GOOD Point...
  • #70
  • Feb 5, 2014 2:08am Feb 5, 2014 2:08am
Quoting Tsar
{quote} Hi PoundTrader, Forgot replied your posted, Bro. Almost 18 months... These my second BAD
  • #71
  • Feb 5, 2014 2:17am Feb 5, 2014 2:17am
This thread should be huge on forex factory. lol I will post a loser sooner or later.
  • #72
  • Feb 5, 2014 3:49pm Feb 5, 2014 3:49pm
This thread has been resurrected. Does it count, if I account for all my past bad trades, will be here all day lol.
There are those who know, and there are those who don't know.
  • #73
  • Feb 5, 2014 4:25pm Feb 5, 2014 4:25pm
Quoting calderone
This thread should be huge on forex factory. lol I will post a loser sooner or later.
My prediction came true. lol Sooner rather than later. I shorted nzd/usd based on the 4hr engulf that had a lower high and lower low. I took this trade on ny close yesterday. I usually monitor these things from time to time so I kept my eye on it. This damn thing had no momentum.....aside from the bank holiday approaching. lol It was a stinker. I sat through Europe opening and London opening watching what was going on with a few pairs. All of a sudden my platform froze. (marketscope fxcm). I logged out and couldn't log in again. I kept getting a server down message so I contacted my broker and ran a few tests, finally got it fixed.

Here's the dumb part, beside my trade......I was attempting to set a target because I knew this wasn't gonna be a runner-I was dragging lines all over my chart and managed to pull my stop down and tagged myself out of my trade. How stupid is that? WTH - 16 pips
  • #74
  • Feb 5, 2014 5:02pm Feb 5, 2014 5:02pm
My bad trade was on nzd/usd too yesterday. Stupid broker slippage filled my buy of .8230 at .8255, just at the top of the news spike. Then moved down 60 pips for the day. Had do manage it almost 12 hours until it came a bit up and make the loss bearable with some averaging.
  • #75
  • Feb 5, 2014 5:14pm Feb 5, 2014 5:14pm
Quoting sakisf
My bad trade was on nzd/usd too yesterday. Stupid broker slippage filled my buy of .8230 at .8255, just at the top of the news spike. Then moved down 60 pips for the day. Had do manage it almost 12 hours until it came a bit up and make the loss bearable with some averaging.
yep gotta be careful buying around news
  • #76
  • Feb 5, 2014 5:28pm Feb 5, 2014 5:28pm
it feels like you opened this thread for me
i check the trends at daily / 4H charts and enter usually on 1H / 15m charts.
i have hundreds of trades that reversed after hitting my SL. Usually they reverse from the exact point of my SL.
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  • #77
  • Feb 5, 2014 5:39pm Feb 5, 2014 5:39pm
Another one.
many times i thought that someone is doing it intentionally.
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  • #78
  • Feb 5, 2014 5:47pm Feb 5, 2014 5:47pm
it really feels like someone is doing it intentionally.
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  • #79
  • Feb 6, 2014 5:21am Feb 6, 2014 5:21am
i know my entry point was not good. i should have entered 8-12 hours earlier. probably i was away. but wouldn't matter, it still touchs the SL and reverses immediately. after loosing 189 pips i was afraid to enter a buy signal again and again...
Attached Image(s) (click to enlarge)
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  • #80
  • Feb 6, 2014 6:12am Feb 6, 2014 6:12am
Quoting Arel
i know my entry point was not good. i should have entered 8-12 hours earlier. probably i was away. but wouldn't matter, it still touchs the SL and reverses immediately. after loosing 189 pips i was afraid to enter a buy signal again and again... {image} {image}
ouch
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