The Thief of Wall Street
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DislikedPa didn't even touch 1.3009. It stayed at 1.3001 and 1.3002 but got no order. Few orders just below 1.3000 but nothing significant.
I am long-term shorting with tp just above 1.2750Ignored
DislikedChicky,
While I agree now is an appropriate time to short - I'm not getting the feeling 1.27's are in the cards.
I can't really argue with success though....clearly you've got this down.
Congrats on the wins!Ignored
DislikedAlmo. The experiment is almost over. We managed from 2,500 to 20,000, not with 1:500 leverage, but with 1:50 leverage.
I am now risking all the profit to see what happens. Want to take some rest. When we are back to $10,000, will strictly follow the modified Jesse's method with rules and regulations.
By the way, it has hit 1.3009, let's see what's next.
ps. My real account aiming to generate $100 for the modified Jesse's method also shows over 100% profit, i.e. $30. Will continue demo until real account gets to $100.Ignored
DislikedAlmo. The experiment is almost over. We managed from 2,500 to 20,000, not with 1:500 leverage, but with 1:50 leverage.
I am now risking all the profit to see what happens. Want to take some rest. When we are back to $10,000, will strictly follow the modified Jesse's method with rules and regulations.
By the way, it has hit 1.3009, let's see what's next.
ps. My real account aiming to generate $100 for the modified Jesse's method also shows over 100% profit, i.e. $30. Will continue demo until real account gets to $100.Ignored
DislikedBack to 10,000. Tried to withdraw few dollars to bring the account back to exactly at 10,000 - didn't work. Therefore re-started with 10,150 or so.
Following Jesse Livermore's modified method on short-term (almost scalping) trades.
Now realize one more aspect of Jesse's method which I didn't focus previously, that is, waiting for the right set-up. If I summarize his edge for shorter-term trading /scalping it was because of:
1. Waiting for the right setups and entering at the right time
[color=darkred][b]2. Money...Ignored
DislikedThis fuckin' thing is stuck. Managed to get only 20% out of this shit.Ignored
DislikedI think 30% should be ok for now. Closed position and now waiting for another opportunity. 11:45 EST, i.e. 15 minutes before London close is not a good time to carry a scalping position.Ignored
DislikedShort with 5 lots. But if this thing doesn't move quickly below 1.3125, will surely hit my sl.Ignored
DislikedIt seems some greedy bastard is trying to give it a little push. Let's see how it turns out.Ignored
DislikedChicky,
From what I can tell...we got our approx 80 pip retracement that was expected. I don't see much more downside on this.
Just my 2 cents.Ignored