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  • #762,281
  • Feb 21, 2013 7:04am Feb 21, 2013 7:04am
Quoting Pip Anon
Emotions led to greed, panic, impulse and the other shite that interferes with trading. Develop a system and there is no need.
Somewhat true...but at the same time, if you develop a system which is profitable but prone to larger draw downs...well...no problem if you trade demo as most people don't really care about , but a 15-20% draw down with real money can definitely affect emotions and the average person will make mistakes because of it. Most humans aren't robots
  • #762,282
  • Feb 21, 2013 7:04am Feb 21, 2013 7:04am
Quoting tomspin
the best and succesfull traders are the one with no emotions in trading, so trading demo is bad because you don't feel emotions when money is lost or gained, but at the same time you must not feel anything when you loose or gain $ on your real acc.....
I don't trade but I think we have a chance to see 1,3256 if the bounce is real, lets see
I doubt on this move.
  • #762,283
  • Feb 21, 2013 7:05am Feb 21, 2013 7:05am
Quoting math_GB
Hahahaha...!!! You deleted the posts you had last night... Dude...! You are some piece of work. You were bragging about making 24K USD for real and now you say it doesn't matter. It does matter. Boy... Boy... I wonder how your game will end here. Little muppet
I deleted the screenshot, not the post, because you mugs are freaking sad. You're still going on bout this shite man? Maybe you should continue putting on shit trades
When the facts change I change my mind, what do you do sir
  • #762,284
  • Feb 21, 2013 7:06am Feb 21, 2013 7:06am
Quoting tomspin
the best and succesfull traders are the one with no emotions in trading, so trading demo is bad because you don't feel emotions when money is lost or gained, but at the same time you must not feel anything when you loose or gain $ on your real acc.....
I don't trade but I think we have a chance to see 1,3256 if the bounce is real, lets see
by emotions I mean you dont feel disappointed and motivated enough to learn from your mistakes... you will feel it in the nerve if you lose $1000 a day
  • #762,285
  • Feb 21, 2013 7:07am Feb 21, 2013 7:07am
Quoting 4exNinja
Somewhat true...but at the same time, if you develop a system which is profitable but prone to larger draw downs...well...no problem if you trade demo as most people don't really care about , but a 15-20% draw down with real money can definitely affect emotions and the average person will make mistakes because of it. Most humans aren't robots
I agree with that, but if that is an issue there should be a remedy within the system. If a trade does not materialize or is taking longer to materialize, get out and wait for another proper signal
When the facts change I change my mind, what do you do sir
  • #762,286
  • Feb 21, 2013 7:10am Feb 21, 2013 7:10am
Quoting SnaveForex
by emotions I mean you dont feel disappointed and motivated enough to learn from your mistakes... you will feel it in the nerve if you lose $1000 a day
I understand what you are saying, and I don't mean zero emotion. By using a system, as mechanical as possible, you leave out the need to get back in after a losing trade, or getting greedy only to watch a position reserve on you. Systems are as individual as traders. Losing $1000 makes any one queezing, thus set you SLs far before that happens. Then you limit your emotion of "feck I just lost $1000"
When the facts change I change my mind, what do you do sir
  • #762,287
  • Feb 21, 2013 7:10am Feb 21, 2013 7:10am
Quoting tomspin
the best and succesfull traders are the one with no emotions in trading, so trading demo is bad because you don't feel emotions when money is lost or gained, but at the same time you must not feel anything when you loose or gain $ on your real acc.....
I don't trade but I think we have a chance to see 1,3256 if the bounce is real, lets see

I am waiting for a retest of 3188 before I consider a long. If it holds and the hourly closes above I will consider a long.
  • #762,288
  • Feb 21, 2013 7:11am Feb 21, 2013 7:11am
Quoting tomspin
That is not what I meant, there is a collision between demo and live accounts, also a big difference in psychological terms,
What I meant was this
1. You don't trade demo because you cannot feel anything
2. You should not feel anything while trading live accounts
I know thats what I addressed.
When the facts change I change my mind, what do you do sir
  • #762,289
  • Feb 21, 2013 7:11am Feb 21, 2013 7:11am
Quoting Pip Anon
I deleted the screenshot, not the post, because you mugs are freaking sad. You're still going on bout this shite man? Maybe you should continue putting on shit trades
Dude, get a real account first then we can talk, you are nothing but a poor soul...
  • #762,290
  • Feb 21, 2013 7:15am Feb 21, 2013 7:15am
Quoting Pip Anon
I deleted the screenshot, not the post, because you mugs are freaking sad. You're still going on bout this shite man? Maybe you should continue putting on shit trades
here's the deal. I believe in free speech so you can do whatever you like, but in the same time don't get all feisty when you are being called out. Yes?
  • #762,291
  • Feb 21, 2013 7:15am Feb 21, 2013 7:15am
Seems to be good support around the 84 level
Learning - pip by pip
  • #762,292
  • Feb 21, 2013 7:16am Feb 21, 2013 7:16am
gbp arm us attacking the mid from under at 5267.. for the 4216 target. its a total reverse of adr today at 5270. lets c if its R
those who can, do. those who cant, talk about those who can
  • #762,293
  • Feb 21, 2013 7:16am Feb 21, 2013 7:16am
after noon all
took a short @ 94.1 TP 90.6 +3.5 pips
Trade What You See Not What You Want To See
  • #762,294
  • Feb 21, 2013 7:20am Feb 21, 2013 7:20am
Quoting attila
here's the deal. I believe in free speech so you can do whatever you like, but in the same time don't get all feisty when you are being called out. Yes?
That's fine and "call me out." You still cannot negate the calls I made prior to the outcome. As I said before, if my posts are not to your liking skip them.
When the facts change I change my mind, what do you do sir
  • #762,295
  • Feb 21, 2013 7:23am Feb 21, 2013 7:23am
Quoting Cjh
Seems to be good support around the 84 level
wait until the CPI data comes before you nail yourself to this level.
  • #762,296
  • Feb 21, 2013 7:24am Feb 21, 2013 7:24am
see you all at 3270 - 3330 after news
  • #762,297
  • Feb 21, 2013 7:27am Feb 21, 2013 7:27am
Regarding demos while we're still on the subject, I think it is an absolute necessity to use then when learning, because until you can make money consistently on a demo, you're very unlikely to do anything but lose it on a real account. I doubled a demo account twice before a risked a penny. Learn to trade first without the risk, and then deal with the psychological stuff, which is the next hurdle to overcome. We all have our own approach of course, but that was mine.
  • #762,298
  • Feb 21, 2013 7:27am Feb 21, 2013 7:27am
Quoting julia2011
see you all at 3270 - 3330 after news
ohh really ?
  • #762,299
  • Feb 21, 2013 7:27am Feb 21, 2013 7:27am
Quoting julia2011
see you all at 3270 - 3330 after news
Bit of wide target
  • #762,300
  • Feb 21, 2013 7:28am Feb 21, 2013 7:28am
Quoting julia2011
see you all at 3270 - 3330 after news
Where we will be doing what?
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