im also using a scalping system with a tight 4 pip SL and 3-10 TP at multiple levels on M5 timeframe and its not going profitable for me either.....emotions r playing a big part in my losses....im now thinking to turn to M30 or H1 timeframe and try doing swings.......
Proof That Ultra Profitable Trading Is Indeed Possible
Pfttttt...wow live trading was really really f*****g hard...but i am confidence i can make this..Come back here tomorrow and i will start to be profitable..God willing
Take deep breaths ...
First avoid taking excess amount of risk on single trade . Before entering trade, first determine your stop loss and then adjust the position size.
Professionals adjust stop loss first and then adjust position size.
If you learn to control risk the profits will come eventually.
All the best for tomorrow.
Enter with your plan for tomorrow.
BEING PROFESSIONAL IS ALL ABOUT HOW YOU CONTROL FASTEST THING--UR MIND!
Calm down Supertrader
Take deep breaths ...
First avoid taking excess amount of risk on single trade . Before entering trade, first determine your stop loss and then adjust the position size.
Professionals adjust stop loss first and then adjust position size.
If you learn to control risk the profits will come eventually.
All the best for tomorrow.
Enter with your plan for tomorrow.
As you can see on the equity graph...Seriously to be successful in live trading you would need balls of steel(girls excluded 
). Demo account was kinda easy but not live trading(but if you can do demo with discipline it also counts).
One day of live trading has opened my eyes...I have always thought i could do it easily breezily...but it turns out the other way around....so what you can do to be in control of yourself? Meditate for 5minutes..make sure you have no opened position..
Just close your eyes and breath deeply in rhythm...just relax with no thoughts for a while. The after 5 minutes...drink some water and.......lets roll baby!
I just need to be in control of myself...i hope to recover all the losses today and tomorrow i should start trading with discipline...Please don't be greedy..i beg you........(talking to myself)
). Demo account was kinda easy but not live trading(but if you can do demo with discipline it also counts).One day of live trading has opened my eyes...I have always thought i could do it easily breezily...but it turns out the other way around....so what you can do to be in control of yourself? Meditate for 5minutes..make sure you have no opened position..
Just close your eyes and breath deeply in rhythm...just relax with no thoughts for a while. The after 5 minutes...drink some water and.......lets roll baby!
I just need to be in control of myself...i hope to recover all the losses today and tomorrow i should start trading with discipline...Please don't be greedy..i beg you........(talking to myself)
- #68
- Edited 9:48am Oct 1, 2012 8:19am | Edited 9:48am
Pfttttt...wow live trading was really really f*****g hard...
Totally different game now. Demo does serve it's purpose though. Hope you started small as i suggested.
Fuck Forex Factory.Wake up people.
im also using a scalping system with a tight 4 pip SL and 3-10 TP at multiple levels on M5 timeframe and its not going profitable for me either.....emotions r playing a big part in my losses....im now thinking to turn to M30 or H1 timeframe and try doing swings.......
Hmmm...just an idea.. i think you should do multi timeframe analysis when you want to take your trades...trading on a single timeframe is trading blindfolded...Multitimeframe analysis will help a lot in whatever you are doing..scalping or even swing trading.. but it sure would take a lot of screen hours before you know how to do it...All the best!
Ammeo: i think i neeed to reload the page more haha..Thanks! Come here tomorrow too. I think i 'get' it now...just need to focus...no need to stress..what for??? hehe It does not pay to try when you sabotage yourself by being emo everytime you trade.
Ramy: Seriously..it feels very different..but i think i am getting used to it..Probably after a while it would wear out(the rush)?
- #71
- Edited 11:02am Oct 1, 2012 10:47am | Edited 11:02am
I think i am going to rest...i will just let the market do its thing..Anyway my position are secured..no matter where it goes...Goodnight
Fuck Forex Factory.Wake up people.
- #72
- Oct 1, 2012 7:27pm Oct 1, 2012 7:27pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #74
- Oct 1, 2012 8:04pm Oct 1, 2012 8:04pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Pfttttt...wow live trading was really really f*****g hard...but i am confidence i can make this..Come back here tomorrow and i will start to be profitable..God willing
Inserted Video
The Thief of Wall Street
Chicky: Thank you for taking time to post your live results...really appreciate it..i believe i need to re-assess my mm.
Ramy: Yes demo is an indispensable trader's tool.
One day of trading taught me new things...Now i know that i will need to be extra careful on each trades. I learned that the best trades never look back(retraced to the point of entry).
Yesterday i saw somebody bought big near 1.2880...and so you can see now they are protecting their orders and i think eurusd is going to go up for the day..Look at H4 and H1.it sets up perfectly...If we just know how to read charts properly..we can sell all of order traces..if you can do that you would be a billionaire in no time..its like having inside information.I know that my skill are not as polished yet..but i am almost there..
Tips: Right now at the moment, you might wanna check audusd, i think they are going back up..it has just reached the adr low adn the way it got there was too much(quick) but still you need to know how to trade
Ramy: Yes demo is an indispensable trader's tool.
One day of trading taught me new things...Now i know that i will need to be extra careful on each trades. I learned that the best trades never look back(retraced to the point of entry).
Yesterday i saw somebody bought big near 1.2880...and so you can see now they are protecting their orders and i think eurusd is going to go up for the day..Look at H4 and H1.it sets up perfectly...If we just know how to read charts properly..we can sell all of order traces..if you can do that you would be a billionaire in no time..its like having inside information.I know that my skill are not as polished yet..but i am almost there..
Tips: Right now at the moment, you might wanna check audusd, i think they are going back up..it has just reached the adr low adn the way it got there was too much(quick) but still you need to know how to trade
- #78
- Oct 1, 2012 11:45pm Oct 1, 2012 11:45pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
