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All Indicators Trading system

  • #441
  • Aug 2, 2012 8:20am Aug 2, 2012 8:20am
Quoting tafadzwa02
There is no light at the end of the tunnel
you didn't want to listen to me. I earned (go back a bit of what I lost) 35% today.
Invest in books, especialy van Tharp, find my topic with books I read.
you could spend the 400 quid you lost recently on books, on lots of books. read, and go onto DEMO account for at least half a year of succesful trade on demo.
don;t try to revenge. go on amazon and buy yourself some books.
you probably won;t listen to me, you have to zero your account few times more to understand that no stop loss is not an option
On my way to financial independence - if others can do it - I can do it
  • #442
  • Aug 2, 2012 8:27am Aug 2, 2012 8:27am
Quoting Eur Usd
you didn't want to listen to me. I earned (go back a bit of what I lost) 35% today.
Invest in books, especialy van Tharp, find my topic with books I read.
you could spend the 400 quid you lost recently on books, on lots of books. read, and go onto DEMO account for at least half a year of succesful trade on demo.
don;t try to revenge. go on amazon and buy yourself some books.
you probably won;t listen to me, you have to zero your account few times more to understand that no stop loss is not an option
How about you? you only have £12 and struggling
  • #443
  • Aug 2, 2012 10:17am Aug 2, 2012 10:17am
Quoting tafadzwa02
There is no light at the end of the tunnel.I am really lost.My discipline has let me down AGAIN.I am taking a very very long break .Only trading the DEMO account.
  • #444
  • Aug 2, 2012 10:35am Aug 2, 2012 10:35am
Maybe try to use only automatic system - Expert Advisor. Put in on VPS server and check only once a week, do not touch opened positions by EA.
  • #445
  • Aug 2, 2012 12:12pm Aug 2, 2012 12:12pm
Quoting tafadzwa02
How about you? you only have £12 and struggling
Mate I started from 25 Quid, that's less than you loose in one average trade :-)

besides I feel like I need to break, I am in the middle (beginning sounds better :-)) of opening my own business, all of it makes me feel mentally exhausted, even bought myself rubiks cube just to relax ;-)
On my way to financial independence - if others can do it - I can do it
  • #446
  • Aug 2, 2012 12:22pm Aug 2, 2012 12:22pm
I lost quite a bit money on markets, and was playing same same gambling game like you. Trust me, it's like driving all junctions on red light. You feel like you're getting to destination faster, but you'll never get there.
my personal best was getting 3,5 k profit in 2 weeks, with the best daily profit of about 2k. but I could as well take out those money and wipe my ass with them, as I lost them, together with the amount I started with. That's when I started reading books about markets, and even now I do silly mistakes, but I know I am getting closer to my holy grail.

let it go for few months mate, let it go.
your way of trading now is same as mine, but I started from 25 quid, you started from few hundreds. and the idea is simple, bet and pray hahahah. In case of oanda I have this comfort that if I don't want to stop oanda stops trade itself after I lose 50% of account

finally start listening to me ;-)
On my way to financial independence - if others can do it - I can do it
  • #447
  • Aug 3, 2012 1:40am Aug 3, 2012 1:40am
.My manager resigned yesterday , I don't blame him.I will try and hang on to the little that I have left and keep my calm and carry on , how sad of me
  • #448
  • Aug 3, 2012 2:20am Aug 3, 2012 2:20am
Please see attached my .xls for Week Ending 03-08-2012.I will be on 60 pence per pip next week with a target of 28 pips.

I am just hanging in there hoping that I will make it.For those who are real traders , you know exactly what this is all about, for those newbies following me , you will learn the hard way.Trust me I have been in this business for some time but look at me .

This is me 4 years ago

http://www.forexfactory.com/showthre...59#post2487559

This is me today

http://www.forexfactory.com/showthre...76#post5899576

This is not easy at all
Attached File(s)
File Type: xls Actual Vs Projection_Week Ending 10-08-2012-1.xls   88 KB | 220 downloads
  • #449
  • Aug 3, 2012 3:52am Aug 3, 2012 3:52am
Quoting tafadzwa02
Please see attached my .xls for Week Ending 03-08-2012.I will be on 60 pence per pip next week with a target of 28 pips.

I am just hanging in there hoping that I will make it.For those who are real traders , you know exactly what this is all about, for those newbies following me , you will learn the hard way.Trust me I have been in this business for some time but look at me .

This is me 4 years ago

http://www.forexfactory.com/showthre...59#post2487559

This is me today

http://www.forexfactory.com/showthre...76#post5899576

This...
yes, I can see the difference, 4 years ago you lost 4k in quite a short time, now you lost only 400quid. huge difference assuming that 400quid were over 99% of the account hahaha

besides, If I had few grands to trade with I would place all positions with proper position sizing according to van Tharp. 1% of risk, 2-3% of profit on single trade, without silly mental stop losses. a trade with mental stop loss is only gambling, nothing else, I am amazed that after over 4 years you still didn't understand it. And one more thing, in this business you don't measure experience in years, you measure it in efficiency. of them all money you invested over last few years, can you say your balance is on plus? can you really say you earned some, took them out and for example bought yourself a car? spent on holidays? furnished your house? I bet no.

NOW GO ONTO AMAZON, SPEND SOME CASH ON BOOKS, AND STICK TO DEMO

here is a list of good books worth to read
I recommend both books of Van Tharp, they may be boring, but they are a must for a trader like you (and me :-)), also Trading in the Zone and MArket Wizzards. Read first, test your ideas on DEMO , and if it gives you profits for few months (3-6 at least) go for live account with small amount like 25-50 quid.

and remember: you have all life to get rich :-)
On my way to financial independence - if others can do it - I can do it
  • #450
  • Aug 3, 2012 4:00am Aug 3, 2012 4:00am
Quoting tafadzwa02
.My manager resigned yesterday , I don't blame him.I will try and hang on to the little that I have left and keep my calm and carry on , how sad of me
assuming he had to earn 5% of your profit he didn't earn a lot did he?

and you just toped up your account for another 100 quid. Do you think you will succeed this time after you failed few times recently?
Here's a little tip: your system worked few months ago, but now It's not. you know why? it probably matched only sideways market, a market without so much speculations. now the market moves against fundamentals quite often, and it is very bullish/bearish
On my way to financial independence - if others can do it - I can do it
  • #451
  • Aug 3, 2012 4:04am Aug 3, 2012 4:04am
Quoting Eur Usd
assuming he had to earn 5% of your profit he didn't earn a lot did he?


have you noticed something? the market seems to speak to you when you are trading , and worse so when you are not .It seems to directly address all your thoughts , eg .If trading 4 pairs , you enter only one , the other ones move in your direction but your one doesn't , or even moves against you.sometimes its more like when in a traffic jam and all the other lanes seem to be moving but your is not , when you switch lanes , it suddenly stops and your previous lane starts moving too fast, if you switch again , the same thing happens -- it's a roller coaster
  • #452
  • Aug 3, 2012 4:07am Aug 3, 2012 4:07am
Quoting tafadzwa02


have you noticed something? the market seems to speak to you when you are trading , and worse so when you are not .It seems to directly address all your thoughts , eg .If trading 4 pairs , you enter only one , the other ones move in your direction but your one doesn't , or even moves against you.sometimes its more like when in a traffic jam and all the other lanes seem to be moving but your is not , when you switch lanes , it suddenly stops and your previous lane starts moving too fast, if you switch again , the same thing happens...
I try to stick to one pair only EUR/USD, this way I focus more on what is going on there
Mate, take your 100 quid, go to amazon buy some books or take some bird to nice restaurant for a dinner

Listen to me :-)
On my way to financial independence - if others can do it - I can do it
  • #453
  • Aug 3, 2012 5:43am Aug 3, 2012 5:43am
Quoting Eur Usd
I try to stick to one pair only EUR/USD, this way I focus more on what is going on there
Mate, take your 100 quid, go to amazon buy some books or take some bird to nice restaurant for a dinner

Listen to me :-)
I wanna be a millionaire man , I can't do that , will take the babe to Barbados next year when I make money on this .
  • #454
  • Aug 3, 2012 5:47am Aug 3, 2012 5:47am
Quoting tafadzwa02


have you noticed something? the market seems to speak to you when you are trading , and worse so when you are not .It seems to directly address all your thoughts , eg .If trading 4 pairs , you enter only one , the other ones move in your direction but your one doesn't , or even moves against you.sometimes its more like when in a traffic jam and all the other lanes seem to be moving but your is not , when you switch lanes , it suddenly stops and your previous lane starts moving too fast, if you switch again , the same thing happens --...
When you come out of driving , then suddenly , there is no traffic jam , everyone is happy driving and even when you ask them how and why , everyone just tells you to follow the driving manual.When you get back into the motorway , everything stops again ,. and the whole things starts again .It's just a joke, and you fell like YOU are being targeted somehow.

Please at least agree with me on this point.
  • #455
  • Aug 3, 2012 6:55am Aug 3, 2012 6:55am
Quoting tafadzwa02
I wanna be a millionaire man , I can't do that , will take the babe to Barbados next year when I make money on this .
you'll take her to McDonalds and you'll as her to pay next year, not to Barbados

do you know what education and common sense is? with your approach you can start playing with Euromillions, chances of being rich are similar If you won't understand some simple things.

Now do as you want, I won't be trying to convince you again. You will loose the 100 Quid within 2 weeks, after few good bets you will have 2-3 losses ranging between 20-50% and you'll come back here crying again.

And one more thing, if you want to be rich take a look at book Millionaire next door. It's quite short and easy to read.
O, and it costs less than 1 lost trade haha

BTW I earned almost 100% within last few days, but it doesn't mean that it will look like that all the time. Next week I can loose 50-75%, maybe 90, with shite trading plan you won't get far, so won't I.
On my way to financial independence - if others can do it - I can do it
  • #456
  • Aug 3, 2012 8:58am Aug 3, 2012 8:58am
Quoting tafadzwa02
When you come out of driving , then suddenly , there is no traffic jam , everyone is happy driving and even when you ask them how and why , everyone just tells you to follow the driving manual.When you get back into the motorway , everything stops again ,. and the whole things starts again .It's just a joke, and you fell like YOU are being targeted somehow.

Please at least agree with me on this point.
Hey Love, I agreed with your statement above...sometimes the entire world just seems to out to get you, but you gotta take it easy so that you can live to fight another day!

Looks like you're in a funk right now...a spiral death...so, just walk away for a bit...take a breather...

Your system might not be bad, but your risk per trade is completely out of control. These high percentage losses are damaging to your psyche, which might be even harder for you to recover from than your negative bank account(s).

Why not just risk 2-4% per trade if you're wrong? The key is survival, so that you can continue to be around, to learn, to hone your skills, and to gain confidence by being completely emotionless in the faces of trading good fortunes and adversities.

Good luck! I'm rooting for you!

Koko

ps - I'll be showing a real account in my Trade Explorer in the next few days and resuming my FF trading journal...
  • #457
  • Edited 10:04am Aug 3, 2012 9:52am | Edited 10:04am
Tafadzwa02 I see today you were trading just to prove me you're right. and look at them losses, and I think you added another 50 quid to the account, haven't you?
you don;t have to prove me anything, you don;t even know me, I wish you all the best, that's why I wrote what I wrote. stop it. your brain is tired and on strong revenge mode. let it go mate, let it go

and BTW, congratulations on idea of trading on 500:1 leverage, really wise ;-)
NOW GO TO AMAZON, EDUCATE YOURSELF!
On my way to financial independence - if others can do it - I can do it
  • #458
  • Aug 3, 2012 11:29am Aug 3, 2012 11:29am
Quoting Eur Usd
Now do as you want, I won't be trying to convince you again. You will loose the 100 Quid within 2 weeks, after few good bets you will have 2-3 losses ranging between 20-50% and you'll come back here crying again.
I underestimated you mate, sorry bout that. You lost it within a day :/
On my way to financial independence - if others can do it - I can do it
  • #459
  • Aug 3, 2012 12:35pm Aug 3, 2012 12:35pm
Quoting Eur Usd
I underestimated you mate, sorry bout that. You lost it within a day :/
  • #460
  • Aug 3, 2012 1:31pm Aug 3, 2012 1:31pm
Quoting Eur Usd
I underestimated you mate, sorry bout that. You lost it within a day :/
Never underestimate a man
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