Aussie Trading Room and Cartoons Gallery | Page 203 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #4,041
  • Aug 6, 2012 12:16am Aug 6, 2012 12:16am
Gidday Traders

Looks like its trying go up,
Still holding shorts an longs
Thinking it will need to retrace sooner or later,
Still I keep getting on the wrong side of these trades.
The only thing that works for me is trading small.
Which means that I always win in the,it just takes longer.
  • #4,042
  • Aug 6, 2012 12:17am Aug 6, 2012 12:17am
Quoting DaddyBear
Here is my 2 cents again.

You are right on the money. I would enjoy drawing a nude instead of trading the Forex market. However, I get more excited when trading the Forex market because it's a naked party.
... although many can wear different masks ...
  • #4,043
  • Aug 6, 2012 12:21am Aug 6, 2012 12:21am
Quoting doblece
... although many can wear different masks ...
The mask is the only thing allowed in the Forex naked party .....
to cover your face not other portion of your naked body ........
daddybearforex. com
  • #4,044
  • Aug 6, 2012 12:22am Aug 6, 2012 12:22am
Quoting eliteincome
Gidday Traders

Looks like its trying go up,
Still holding shorts an longs
Thinking it will need to retrace sooner or later,
Still I keep getting on the wrong side of these trades.
The only thing that works for me is trading small.
Which means that I always win in the,it just takes longer.
Indeed I also trade quite small (between 1.5:1 max and 1:1 min true leverage) to allow those counter-trend trades to come back and prosper. Only thing is that sometimes it can be very boringly longer, sigh ...
  • #4,045
  • Edited 1:06am Aug 6, 2012 12:34am | Edited 1:06am
Quoting Davit
Thank you.I am laboriously reading trading books etc. but every day brings something new that I was not aware.
Experience is everything.
I was trading demo and making a killing like everyone else and thought this was easy.
Demo taught me nothing.In some way it imprinted wrong associations or false mental associations.
Thanks for encouragement.
Hello Davit. Again thanks for those paintings hehe. Like I've always said, there is no substitute for experience. You will learn from mistakes and in this world it sometimes takes many mistakes to learn. If I were you I wouldn't risk too much money until you stop losing money and feel confident that you know how to avoid losing money.

Demo trading can get you off to a start in the wrong direction. It really doesn't put you in a position to make real decisions nor does it help build discipline. Quite the opposite, as you eluded to.

Some of the things you read on here is not necessarily poor advice, but a great deal of it is used in the wrong context. Mainly since the people writing it don't have enough experience trading. I'll give you one example... "cut losses quick". How many times have you heard that? This is actually good advice, in principle. But cutting losses quickly doesn't mean you begin exiting your position blindly simply because it quickly turned into loss. You need to know why you are getting out as well as where and when. With that said, it is better to get out too soon than too late. Taking losses without it affecting my psyche was the biggest hurdle for me. It's funny... when I think back to how I traded when I started, I do most of the things completely opposite now.
  • #4,046
  • Aug 6, 2012 12:50am Aug 6, 2012 12:50am
Good some spikes
  • #4,047
  • Aug 6, 2012 1:18am Aug 6, 2012 1:18am
This is an ambiguous stage. Some people may see something like this at this moment ......
Or the other way around ........
Attached Image (click to enlarge)
Click to Enlarge Name: MIROR-3.JPG Size: 29 KB
daddybearforex. com
  • #4,048
  • Aug 6, 2012 1:23am Aug 6, 2012 1:23am
Quoting DaddyBear
This is an ambiguous stage. Some people may see something like this at this moment ......
Market really acting unpredictable..
  • #4,049
  • Aug 6, 2012 1:24am Aug 6, 2012 1:24am
Quoting DaddyBear
The mask is the only thing allowed in the Forex naked party .....
to cover your face not other portion of your naked body ........
Sometimes it's better to be wrong,to learn..
  • #4,050
  • Aug 6, 2012 1:27am Aug 6, 2012 1:27am
Quoting 2+2=4ex
Hello Davit. Again thanks for those paintings hehe. Like I've always said, there is no substitute for experience. You will learn from mistakes and in this world it sometimes takes many mistakes to learn. If I were you I wouldn't risk too much money until you stop losing money and feel confident that you know how to avoid losing money.

Demo trading can get you off to a start in the wrong direction. It really doesn't put you in a position to make real decisions nor does it help build discipline. Quite the opposite, as you eluded to.

Some of the...
Thank you for your feedback.Greatly appreciated.I did get out quick with a loss on that 7:30 spike loss of 35pips only to come down with profit.
Panicked I guess.Just didn't expect so early and sudden.
Anyway I will check out the link in your signature.
In trading, you have to be defensive and aggressive at the same time
  • #4,051
  • Aug 6, 2012 1:28am Aug 6, 2012 1:28am
Quoting DaddyBear
This is an ambiguous stage. Some people may see something like this at this moment ......
Or the other way around ........
I like the way you draw the bull. He looks friendly.
  • #4,052
  • Aug 6, 2012 1:29am Aug 6, 2012 1:29am
Quoting shenkw85
Hi guys
I need your kind advise, I am short audusd @ 1.035 SL 1.06 and long usdjpy @ 79.75 SL 77.45
I am looking for something like a month time frame and and position @ 2 lots each. Now seeing it eats up so much of my equity? should i close the position or let it run.

Thank you.
Welcome shenkw85. You may look at everybody's posts and come to a conclusion for yourself. This is not an easy decision to be made. But, one thing I am sure is that no matter how high an airplane can fly to, it has to come down and land on an airport sooner or later. -DB- IMHO
daddybearforex. com
  • #4,053
  • Aug 6, 2012 1:33am Aug 6, 2012 1:33am
Quoting 2+2=4ex
I like the way you draw the bull. He looks friendly.
Don't forget it is a naked party .....
daddybearforex. com
  • #4,054
  • Aug 6, 2012 1:34am Aug 6, 2012 1:34am
Quoting DaddyBear
Welcome shenkw85. You may look at everybody's posts and come to a conclusion for yourself. This is not an easy decision to be made. But, one thing I am sure is that no matter how high an airplane can fly to, it has to come down and land on an airport sooner or later. -DB- IMHO

My gut would say CLOSE part of this position, and aim to break even, or at least reduce the loss.
  • #4,055
  • Aug 6, 2012 1:35am Aug 6, 2012 1:35am
Kangaroo Jack is jumping all over the place,

Its hanging on,

Looks like its wants to jump through the roof
  • #4,056
  • Aug 6, 2012 1:43am Aug 6, 2012 1:43am
Quoting genereal
Market really acting unpredictable..
Welcome aboard, genereal! Market is really acting unpredictable but it has a habit to repeat what it has done before. Have a nice trading day in Nigeria! -DB-
daddybearforex. com
  • #4,057
  • Aug 6, 2012 1:51am Aug 6, 2012 1:51am
Quoting DaddyBear
While the Bull was stuck between two rocks, the Bear brought more firewood to heat up the pot .....

http://www.forexfactory.com/attachme...1&d=1344196977
Could this be the next cartoon to line up?

Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.
Attached Image (click to enlarge)
Click to Enlarge Name: RAGING BULL-5.JPG Size: 86 KB
daddybearforex. com
  • #4,058
  • Aug 6, 2012 1:51am Aug 6, 2012 1:51am
The Aussies are having their holiday, only a few "not so important" news except for that Bernanke's speech we're having tonight (my night), and also it's Monday...
so I guess we can't expect much from this pair today, no rodeo, no roller coaster, no nothing...just fandango...

How's everybody doing?
  • #4,059
  • Aug 6, 2012 1:53am Aug 6, 2012 1:53am
Quoting irfandbl
The Aussies are having their holiday, only a few "not so important" news except for that Bernanke's speech we're having tonight (my night), and also it's Monday...
so I guess we can't expect much from this pair today, no rodeo, no roller coaster, no nothing...just fandango...

How's everybody doing?
Doing just fandango...
daddybearforex. com
  • #4,060
  • Aug 6, 2012 1:58am Aug 6, 2012 1:58am
Quoting DaddyBear
Doing just fandango...
do you mind if I join the fandango parade? I'll get my costumes ready
26 traders viewing now