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Day Trading for a Living

  • #1,121
  • Aug 8, 2012 4:49pm Aug 8, 2012 4:49pm
Quoting aeternum
I believe you made a typo.

I'm hoping EU goes up, I'm stuck at 1.239
Indeed, that was my stop not my take profit, the stop got hit anyway at break even, just had to double check as I made two trades from this area today and one was at a loss and this one was stopped at break even, was in a GU long before from 1.5642, closed that at 1.5658 for +16 just before the swap charge kicked in lol been out all night and was checking it on my phone but can't do anything to ctrader so if a trade is on it stays on until you log in on a pc
  • #1,122
  • Aug 8, 2012 4:56pm Aug 8, 2012 4:56pm
Quoting Turveyd
normally 30mins before for me, loses more and more of available trade time.

As we are generally tight SL and after many times the SL game, then news gives us the many times potential so if I see a setup before news I'm going to start taking it.

Obviously there is a risk of major move against us and being SL'd at 50 rather than 10, but same chance it'll go +50 in seconds so balances it out nicely.


No more excuses, start nailing it like you do, without fear or emotion basically.
I'm just trading every opportunity I see, gone is the thinking of 'should i enter?', I just do it if the set up is right and its that simple, the fear of trading is the fear of risking your money, but that is exactly what this game is about, you have to risk money in order to make money

off to bed meself, fecked!!
  • #1,123
  • Aug 9, 2012 2:44am Aug 9, 2012 2:44am
EU long @ 1.23627. TP @ 1.2415. SL 1.2340
  • #1,124
  • Aug 9, 2012 2:53am Aug 9, 2012 2:53am
Quoting GDR3k
EU long @ 1.23627. TP @ 1.2415
great thread,reading my way thro' it, like the simplicity of your approach Gdr.

I cannot see what your entry is based on,this trade,care to share?

thanks
  • #1,125
  • Aug 9, 2012 3:04am Aug 9, 2012 3:04am
Quoting FOURX
great thread,reading my way thro' it, like the simplicity of your approach Gdr.

I cannot see what your entry is based on,this trade,care to share?

thanks
Certainly. I'm currently trading a few different methods, psych levels & pivots to which I use Mt4 for as the indicators you can get are good for that, and supply & demand levels on my ECN account as I prefer just plain charts for that. That trade I posted was a S/D trade however I feel it may go against me this time....
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  • #1,126
  • Aug 9, 2012 3:13am Aug 9, 2012 3:13am
Quoting GDR3k
Certainly. I'm currently trading a few different methods, psych levels & pivots to which I use Mt4 for as the indicators you can get are good for that, and supply & demand levels on my ECN account as I prefer just plain charts for that. That trade I posted was a S/D trade however I feel it may go against me this time....
I thought it was a bit away from your psych level 50, but I see your demand level, thanks
  • #1,127
  • Aug 9, 2012 3:16am Aug 9, 2012 3:16am
Just screwed up a dax trade -15 on the first bounce off the 50

Hesitated on the entry paid 5 pips to much putting sl to far out got to +6 shoulda taken it as it was a perfect short setup.

No hesitation better entry price woulda gotten 10


Next


Account getting battered need a GOOD 100 pip trade to rescue it.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,128
  • Aug 9, 2012 8:29am Aug 9, 2012 8:29am
EU daily
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Follow the smart money. Follow the probability.
  • #1,129
  • Aug 9, 2012 10:55am Aug 9, 2012 10:55am
Missing so good action i see.

Try again tomorrow am i guess.


Getting any GDR?
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,130
  • Aug 10, 2012 3:11am Aug 10, 2012 3:11am
Nah never traded much yesterday, it was flat as hell, today should be a bit more active hopefully!
  • #1,131
  • Aug 10, 2012 3:18am Aug 10, 2012 3:18am
Quoting GDR3k
Nah never traded much yesterday, it was flat as hell, today should be a bit more active hopefully!
Really looked good to me, summer slowness not as bad as normal yet so not so bad.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,132
  • Aug 10, 2012 4:38am Aug 10, 2012 4:38am
Shorted the dow, risk is small.
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  • #1,133
  • Aug 10, 2012 5:25am Aug 10, 2012 5:25am
See this is a slow day.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,134
  • Aug 10, 2012 5:57am Aug 10, 2012 5:57am
Market will come back to life in 15minutes cause im out for the day.


No trades woke up a tad to late for the am moving.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,135
  • Aug 10, 2012 6:02am Aug 10, 2012 6:02am
Quoting Turveyd
Market will come back to life in 15minutes cause im out for the day.


No trades woke up a tad to late for the am moving.
It certainly is a slow day, boring as hell, may go for a run or something....
  • #1,136
  • Aug 10, 2012 6:23am Aug 10, 2012 6:23am
Quoting GDR3k
It certainly is a slow day, boring as hell, may go for a run or something....
Dax had a nice move down predictable to not got the dow on but assume the same.


I better get to work then see girlie.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,137
  • Aug 10, 2012 6:24am Aug 10, 2012 6:24am
Quoting Turveyd
Dax had a nice move down predictable to not got the dow on but assume the same.


I better get to work then see girlie.
Just closed that dow trade for about 9 or so pips, its flat as a witches tit, may pick up in the US session but not getting my hopes up....
  • #1,138
  • Aug 10, 2012 6:37am Aug 10, 2012 6:37am
Quoting GDR3k
Just closed that dow trade for about 9 or so pips, its flat as a witches tit, may pick up in the US session but not getting my hopes up....
Friday mornings always suck the evening is generally the best saying that think i will leave the Note at home and take a day of.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,139
  • Edited 7:51am Aug 10, 2012 6:45am | Edited 7:51am
Quoting Turveyd
Friday mornings always suck the evening is generally the best saying that think i will leave the Note at home and take a day of.
ftse100 short 5818.5 SL at break even incase it doesn't break through this support.

TP 5798.5
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  • #1,140
  • Aug 10, 2012 8:33am Aug 10, 2012 8:33am
Quoting GDR3k
It certainly is a slow day, boring as hell, may go for a run or something....
I agree.
No good trade recently
EU is down as predicted and just missed my sell limit order for 0.3 pips this morning. If it is triggered, there should be 40+ profit. Just dreaming ...
How about your S/D trading perform this week ?
Follow the smart money. Follow the probability.
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