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All Indicators Trading system

  • #1,021
  • May 17, 2013 7:49am May 17, 2013 7:49am
Quoting Eur Usd
hidden. still doing good but not as good as I wish. did some silly mistakes during holidays when I shouldn't trade
I am with you mate , I understand .I wish you could just be brave enough to show you explorer (even to your buddies) like me even if you are losing.I have lost 2 Weeks in a row now.I would have blown my account in rage by now if it was a year ago , but I am taking it easy now because of experience .Just Keep going mate , keep going .It will be OK in the end
  • #1,022
  • Edited May 18, 2013 2:23pm May 17, 2013 3:34pm | Edited May 18, 2013 2:23pm
I have added ALL signals I know in trading , that makes it 11 per pair.This gives me a potential of 88 signals in a week , only to capture 90 pips.There is some logic in my madness , the bottom line is I need to eliminate those that have a high probability of losing.The only way is to record ALL of them and see which ones are crap which ones are consistent.Keep your friends close and bring your enemies closer
Nways , I am deflated .I lost again this week
Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 19-05-2013.xls   201 KB | 191 downloads
  • #1,023
  • May 17, 2013 4:05pm May 17, 2013 4:05pm
Quoting tafadzwa02
I have added ALL signals I know in trading , that makes it 10 per pair.This gives me a potential of 80 signals in a week , only to capture 90 pips.There is some logic in my madness , the bottom line is I need to eliminate those that have a high probability of losing.The only way is to record ALL of them and see which ones are crap which ones are consistent.Keep your friends close and bring your enemies closer Nways , I am deflated .I lost again this week {file}

I get your pain. In my case I feel bad. I didn't loose much, but I lost 2 months to build up and screwed in one day
On my way to financial independence - if others can do it - I can do it
  • #1,024
  • May 22, 2013 9:58am May 22, 2013 9:58am
Ridiculous Market
  • #1,025
  • May 22, 2013 10:03am May 22, 2013 10:03am
huge dropdown on EUR/USD
On my way to financial independence - if others can do it - I can do it
  • #1,026
  • May 28, 2013 5:22am May 28, 2013 5:22am
Please find attached end of last week results.I don't have much to say, it all seems OK.I am on £1.37 per pip this week.I am more comfortable now , just risking a maximum of 3.3% per trade .It's quite remarkable where I have come from
Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 26-05-2013.xls   203 KB | 215 downloads
  • #1,027
  • May 28, 2013 6:51am May 28, 2013 6:51am
Quoting tafadzwa02
Please find attached end of last week results.I don't have much to say, it all seems OK.I am on £1.37 per pip this week.I am more comfortable now , just risking a maximum of 3.3% per trade .It's quite remarkable where I have come from {file}
you seem to be on BE now so it is better than loosing 55% of account in a day LOL
On my way to financial independence - if others can do it - I can do it
  • #1,028
  • May 28, 2013 11:13am May 28, 2013 11:13am
I can't believe you topped up £500 just after few successful trades - wish you good luck, but be careful ;-)
On my way to financial independence - if others can do it - I can do it
  • #1,029
  • May 29, 2013 2:59am May 29, 2013 2:59am
do me a favour mate - next time you'll decide to spend £500 send them for me. I'll go to Spain with that and send you some pictures of great fun I had ;-)
On my way to financial independence - if others can do it - I can do it
  • #1,030
  • May 29, 2013 5:49am May 29, 2013 5:49am

Over trading is killing me
  • #1,031
  • May 29, 2013 5:52am May 29, 2013 5:52am
Hey, hope you've been well.

I am sure you'll be fine one day, but only you know when that one day would arrive.

All the best.
  • #1,032
  • May 29, 2013 6:31am May 29, 2013 6:31am
Quoting tafadzwa02
Over trading is killing me
my advice: take out 90% of your account. find a new system/method - try Choros, and try trading it. it's really good and easy method.
On my way to financial independence - if others can do it - I can do it
  • #1,033
  • May 29, 2013 7:03am May 29, 2013 7:03am
Quoting tafadzwa02
Over trading is killing me
You need a good MM trading, Forex is not all about having a good trading system but How well you can manage a trade, no your risk reward ratio and your winning rate. there is nothing like over trading so long your system is built that way. All you have is to trade your edge and have a good money management, My advice for you is to start with small account like $200 mini account and do not add to that until you triple it in your case the $200 acc will be $600 before u can dream of adding fund to the account, not for the money but the experience and the discipline you get in doing that will take you a long way. Forex is a business not a child's play.

watch this video

Inserted Video
  • #1,034
  • May 29, 2013 7:14am May 29, 2013 7:14am
Quoting macsoj
{quote} You need a good MM trading, Forex is not all about having a good trading system but How well you can manage a trade, no your risk reward ratio and your winning rate. there is nothing like over trading so long your system is built that way. All you have is to trade your edge and have a good money management, My advice for you is to start with small account like $200 mini account and do not add to that until you triple it in your case the $200 acc will be $600 before u can dream of adding fund to the account, not for the money but the experience...
Thanks man , but I got all that I just made a few mistakes , I am supposed to have a limit of 5-6 trades a week, and risk only 3.6% per trade , I checked the stop i had put and did not realize it was going for over 5%, I need to pay more attention next time .The other thing is , I got too many signals as well , so I don't need to take all of them , just a few a week , the problem is I tend to take them all , or most , thereby running the risk of over trading .As for the starting with small amount bla bla bla , forget that man , I am a very experienced trader and I don't need to "START" now .I started over 4 years ago.I have come a long way to be where I am today .It has been a very tough road , and every week I am improving .The results will prove it over time .
Keep watching the explorer
  • #1,035
  • May 29, 2013 7:21am May 29, 2013 7:21am
maybe your 3.6% risk per trade is killing you? maybe lower it to 1%? then the loss is not so painful and comes easier. besides if your risk was 3.6% how come it went to 5%? was it a "mental s/l"?
On my way to financial independence - if others can do it - I can do it
  • #1,036
  • May 29, 2013 7:25pm May 29, 2013 7:25pm
Quoting tafadzwa02
{quote}Thanks man , but I got all that I just made a few mistakes , I am supposed to have a limit of 5-6 trades a week, and risk only 3.6% per trade , I checked the stop i had put and did not realize it was going for over 5%, I need to pay more attention next time .The other thing is , I got too many signals as well , so I don't need to take all of them , just a few a week , the problem is I tend to take them all , or most , thereby running the risk of over trading .As for the starting with small amount bla bla bla , forget that man , I am a very...
I have 6 years of experience in this market, dont get me wrong trading smaller account or lower your risk does not make you an inexperience trader rather you can use that to build consistency, once you achieve that level of consistency you can now trade thousands or millions of dollar account, my 2 cent. Eur Usd is your good friend, giving you a quality advice thou he may sound tough at times, nobody is perfect, but the one that listen to good advice is wise.
  • #1,037
  • May 30, 2013 11:14am May 30, 2013 11:14am
You cry all the time...
  • #1,038
  • May 30, 2013 11:16am May 30, 2013 11:16am
Quoting duyk20
You cry all the time...

On my way to financial independence - if others can do it - I can do it
  • #1,039
  • May 30, 2013 11:17am May 30, 2013 11:17am
Quoting macsoj
{quote}Eur Usd is your good friend, giving you a quality advice thou he may sound tough at times, nobody is perfect, but the one that listen to good advice is wise.
tafa will never listen to me because I am in this business less time than him - what makes me worse trader LOL
On my way to financial independence - if others can do it - I can do it
  • #1,040
  • May 30, 2013 4:51pm May 30, 2013 4:51pm
Quoting macsoj
{quote} You need a good MM trading, Forex is not all about having a good trading system but How well you can manage a trade, no your risk reward ratio and your winning rate. there is nothing like over trading so long your system is built that way. All you have is to trade your edge and have a good money management, My advice for you is to start with small account like $200 mini account and do not add to that until you triple it in your case the $200 acc will be $600 before u can dream of adding fund to the account, not for the money but the experience...
thanks for this video
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