Dislikedjust dont give a sweeping statement, instead you should have asked how to use leverage correctly for winning longer term, and dont be childish by saying "you are talking shit"
grow up man!!Ignored
so like I said.....
- #697,224
- Sep 25, 2012 4:41am Sep 25, 2012 4:41am
- | Joined Dec 2011 | Status: NZ Trader | 1,652 Posts
Even the worst trade can close with profit. Just give it time.
just out of the asylum for a few hours
wanted to say I love maxdoom !
on the other hand david blanchflower is a bernanke loving qe twat! no wonder his wife left him for another woman....
ps I was right about qe3, eh lads? lmfao
wanted to say I love maxdoom !
on the other hand david blanchflower is a bernanke loving qe twat! no wonder his wife left him for another woman....
ps I was right about qe3, eh lads? lmfao
- #697,226
- Sep 25, 2012 4:42am Sep 25, 2012 4:42am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #697,228
- Sep 25, 2012 4:45am Sep 25, 2012 4:45am
- | Joined Dec 2011 | Status: NZ Trader | 1,652 Posts
Even the worst trade can close with profit. Just give it time.
- #697,230
- Sep 25, 2012 4:46am Sep 25, 2012 4:46am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
just out of the asylum for a few hours
wanted to say I love maxdoom !
on the other hand david blanchflower is a bernanke loving qe twat! no wonder his wife left him for another woman....
ps I was right about qe3, eh lads? lmfao
lol must be my good looks and hairy chin
- #697,233
- Sep 25, 2012 4:48am Sep 25, 2012 4:48am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
lol must be my good looks and hairy chin
Fakin 1.29...
i have not seen this much chop in a long time, close to this (in summer), but not this bad
two days in a row, but this is much worse than yesterday.
Be hopeful in a winning position, and fearful in a losing position.
- #697,238
- Sep 25, 2012 4:56am Sep 25, 2012 4:56am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
kinda off topic, but what is everyone's biggest problem they are facing when trading?
I mean, I found out I am just too proud to close in red...and that I just always convince myself Ill get few more pips out of it and eventually getting to the opposite side...
calculate room to next S&R
then calculate r/r
this wil give entry sl and target
once achive target entry price
enter with preset entry sl and target
and sit on hands.
eg
pa 1000
next resist 1100
possible pip target 100
(suggest never try achieve 100%) so target 50% 50pip 1050
r/r of 1/2 is sl risk 25pip sl 975 close trade 1050
so when pa achieve 1000
enter sl 975 close 1050
and sit on hand until trade closed either in profit 50pip or stopped -25pip
is very simple try explain, but this method can be adapted as you start improving returns ets
this allow you to achieve 50% success and still protect account and remove emotional interference
oops go to go aussie making a mve at last
bbl
If you are new to Forex? Say Goodbye to your account!!
- #697,239
- Sep 25, 2012 4:59am Sep 25, 2012 4:59am
this is common problem bro, to overcome, before enter, you need do few calculations to define trade plan
calculate room to next S&R
then calculate r/r
this wil give entry sl and target
once achive target entry price
enter with preset entry sl and target
and sit on hands.
eg
pa 1000
next resist 1100
possible pip target 100
(suggest never try achieve 100%) so target 50% 50pip 1050
r/r of 1/2 is sl risk 25pip sl 975 close trade 1050
so when pa achieve 1000
enter sl 975 close 1050
and sit on hand until trade closed either in profit 50pip or...
Learning Requires Failure