DislikedOk... for those of you that disagree with my trade and live in ny... I'm buying one of you dinner if she closes above 144Ignored
Trade at your own risk.
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DislikedOk... for those of you that disagree with my trade and live in ny... I'm buying one of you dinner if she closes above 144Ignored
Disliked
If I was trading full time I would of made a killing on that nfp news god damn job...
Of course buying this big sale and close above 144..Ignored
DislikedOk... for those of you that disagree with my trade and live in ny... I'm buying one of you dinner if she closes above 144Ignored
DislikedThat's good advice bro and I appreciate it.
The "hard" stop was actually 150 but I only set them as an emergency stop in case I loose power or something. I have mental stops I adhear to and would close at but, I know a 100 pip swing on the dragon is nothing especially during NFP.
That said, I have many other reasons I was looking for a pullback to the 143/142.90 area to load longs so I was pretty sure I'd pull a few off that short. Playing quick bounces both ways is the way I'm used to trading. Due to things at home I'm "trying" to...Ignored
DislikedYeah but as long as you're covering along the way it ain't a bad way to go. Did you take 50% and cover the other day as we talked about?
Must be tickled with your UJ now hitting 96 ...Ignored
DislikedOk... for those of you that disagree with my trade and live in ny... I'm buying one of you dinner if she closes above 144Ignored
Dislikedmy previous post had nothing to do with pull backs for not. it was more of a risk vs reward ratio related.Ignored
DislikedUnderstood. And had I not been running around getting ready to leave soon, I'd have held that short even longer and had 60 or so (so far). But you can't (well I can't) properly gauge RR on what I KNOW will be a spike trade. More a matter of feel for me.
I knew during the rapid up and down I could have gotten out several times for maybe a 30 pip loss. So if you want to look at it that way, risking 30 to get 22 (or the 60 I could have had) isn't too bad.
I get this a lot actually. I'm not a "mechanical" trader as most are. For me it's PA,...Ignored
DislikedI did cut half yes and got rid of my stop... Using mental as I usually do.
And Uj I didnt cut any yet, not until we are at 100
Any selling now is profit taking for the weekend. I know a few speculators calling for 150-200 over the next couple yearsIgnored
DislikedS R , gut feeling and PA, stop stealing my strategy! Hahah
I also use line charts with horizontal lines and fundamentals as well. More investor style than traderIgnored
DislikedNow I gotta quit this typing. Just missed another chance for a long at 143.30ish....LOLIgnored
Disliked
Years??? I could never do it unless I had at least a few hundred grand in the account and it was worth the wait.Ignored
DislikedIf you position correctly you will have a few hundred grand in a few years I tried"trading" my mini account and lost almost all... I over analyze everything and always have a million different ideas running thru my head. Not the personality to be trading lol... I respect those that can trade, greatly
Say you make 50 trades a week with an avg 3 pip spread and standard lot, thats $1500 in the hole already.Ignored
DislikedIf you position correctly you will have a few hundred grand in a few years I tried"trading" my mini account and lost almost all... I over analyze everything and always have a million different ideas running thru my head. Not the personality to be trading lol... I respect those that can trade, greatly
Say you make 50 trades a week with an avg 3 pip spread and standard lot, thats $1500 in the hole already.Ignored
DislikedCan't say I agree with the whole "money in the hole" type thing... if you're making a fair number of pips per trade, it really doesn't matter. Different styles, that's all. The one thing I'll never understand is risking more than your target. Very few people can do this and be successful. They are the ones with a consistently high win rate and there are far fewer of these folks on FF than the number trading this way.
Oh well, it's a zero sum game so I shouldn't be complaining
I do pretty well trading in and out of the market. My "ring"...Ignored
DislikedVery well put, bro. You tripled your 2k account which is bad ass haha! Just different views and styles.. Theres all different types of traders/investors. Whatever works for you is all that mattersIgnored
DislikedI would be doing better too, but took some losses yesterday trying to short against the trend. Dumb.
Anyway, the goal is to get it to $12k by the end of the month, and $50k by the end of May. Then cash some out, buy the ring, and see how far up I can run herIgnored
DislikedBest of luck to you! I started with $3k in december and at $5,080 at the moment. Time to up risk and size.. Between working overtime this whole year and saving and investing I hope to have enough at the end of the year to invest for a livingIgnored