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All Indicators Trading system

  • #1,081
  • Edited 11:50am Jun 19, 2013 11:15am | Edited 11:50am
dude. u r losing control. Even if u Euro go up today u r still doomed. Why? Because if u got lucky today with ur revenge trade, and you will repeat this kinda fundamental mistake again next time and prolly the market wun give u any more mercy.


-edit- Alright i have scan tru your journal and i sincerely hope there will come by a time when you will take a step back and start to absorb what everyone has been trying to tell you. Cheers.
  • #1,082
  • Jun 19, 2013 12:42pm Jun 19, 2013 12:42pm
Hey Taf,

It looks like you haven't controlled you "DEMONS" yet. Until such time, your trading is not going to progress in the direction you wanted.
Fear prevent possibilities, and so does Greed
  • #1,083
  • Jun 19, 2013 1:30pm Jun 19, 2013 1:30pm
looks its time to close that short!
  • #1,084
  • Jun 19, 2013 2:07pm Jun 19, 2013 2:07pm
wow - I mean - WOW
the revenge trade finally worked - good for you but take your lesson of it as it looked really bad before
On my way to financial independence - if others can do it - I can do it
  • #1,085
  • Jun 19, 2013 2:09pm Jun 19, 2013 2:09pm
Quoting Eur Usd
wow - I mean - WOW the revenge trade finally worked - good for you but take your lesson of it as it looked really bad before
yea good for him!
  • #1,086
  • Edited Jun 20, 2013 12:31am Jun 19, 2013 2:10pm | Edited Jun 20, 2013 12:31am
This is the last time I will ever engage in revenge trading , trust me guys .I was having a severe headache , stomach pains , I was down and depressed , cursing myself , cursing everything , I could have been hit by a severe stroke .I survived for one reason only - NEVER TO DO IT AGAIN .I have learn t my lesson .This is the time to deal with those demons once and for all.
  • #1,087
  • Jun 19, 2013 2:11pm Jun 19, 2013 2:11pm
Quoting xtrader101
Hey Taf, It looks like you haven't controlled you "DEMONS" yet. Until such time, your trading is not going to progress in the direction you wanted.

What happened to you man? you had a few losses and you shut down you explorer?
  • #1,088
  • Jun 19, 2013 2:15pm Jun 19, 2013 2:15pm
tafa if I may advise you: lower down your risk to 1% - it will bring lower profits but also lower losses and it is easier to cope mentally with 1% loose than 3.6% - that is the key I think
On my way to financial independence - if others can do it - I can do it
  • #1,089
  • Jun 19, 2013 4:00pm Jun 19, 2013 4:00pm
on the other hand - If you were earning 200% a day you'd be rich in no time LOL
On my way to financial independence - if others can do it - I can do it
  • #1,090
  • Jun 20, 2013 12:32am Jun 20, 2013 12:32am
It was about time I did something STUPID and won , every time I have done stuff like this , I have lost BIG TIME.

I am arranging with SKY documentaries to appear on the channel I SURVIVED

  • #1,091
  • Jun 20, 2013 1:25am Jun 20, 2013 1:25am
how about changing the risk to 1%? lower down position size with same s/l and even if you loose you loose only 1% - better for your mind, as it's easier to swallow 1% loss than almost 4% - your brain won't go into revenge mode, you'll just get over it and go for another trade ;-)
On my way to financial independence - if others can do it - I can do it
  • #1,092
  • Jun 20, 2013 1:47am Jun 20, 2013 1:47am
Quoting Eur Usd
how about changing the risk to 1%? lower down position size with same s/l and even if you loose you loose only 1% - better for your mind, as it's easier to swallow 1% loss than almost 4% - your brain won't go into revenge mode, you'll just get over it and go for another trade ;-)

That's my plan when I go full time Trading , sometime next year (check my spreadsheet).I will never ever ever again in my life do what I did yesterday , .The pressure was just too much , I can never ever ever do that , the experience was terrible , I was literately sick to the stomach , my head was spinning , I was panicking , severe chest pains , etc .I can't go through that ever again
  • #1,093
  • Jun 20, 2013 1:58am Jun 20, 2013 1:58am
Quoting tafadzwa02
{quote} That's my plan when I go full time Trading , sometime next year (check my spreadsheet).I will never ever ever again in my life do what I did yesterday , .The pressure was just too much , I can never ever ever do that , the experience was terrible , I was literately sick to the stomach , my head was spinning , I was panicking , severe chest pains , etc .I can't go through that ever again
I get the point and I feel bad as well when I do silly things. The point is I am not loosing much, but feel bad because my mistakes keep me away from investing more cash. I spoke with my wife, and she said I am allowed to invest only 500 Quid. On September when all goes fine till then - If I will behave and be profitable.
If I get 3% of 500 each trading day it will be nice part time anyway. 15quid a day is better than nothing on the beginning.

as about going full time - I wouldn't rush and keep the full time job - lack of constant profit can mess in your head as well and your trades will go wrong way
On my way to financial independence - if others can do it - I can do it
  • #1,094
  • Jun 20, 2013 9:46am Jun 20, 2013 9:46am
Quoting tafadzwa02
{quote} That's my plan when I go full time Trading , sometime next year (check my spreadsheet).I will never ever ever again in my life do what I did yesterday , .The pressure was just too much , I can never ever ever do that , the experience was terrible , I was literately sick to the stomach , my head was spinning , I was panicking , severe chest pains , etc .I can't go through that ever again
I am glad you was lucky man and I know what you feel. Try to use anti-heart-attack risk/reward ratio. best regards!
  • #1,095
  • Jun 24, 2013 4:01am Jun 24, 2013 4:01am
Hilarious comments on this tread in the last few months
Quoting Eur Usd
{quote} HAHAHA It has no point, tafa is stubborn like a donkey, and he "knows" (no shit!) what he's doing. I wrote what I had to write (many times), aparently he likes loosing money - his problem ;-)
– 14- Jan 2013
Quoting Eur Usd
but I can tell you what will happen next week, tafa will open his explorer again, will pay in 100 quid. after 3 good trades he'll say: this is it now, watch me, in a year I'll be rich, then he'll pay in about 300 quid and after 2 more good trades another 500 quid. one week later he'll be crying again as his account will be clear LOL it's like neverending soap
– 14- Jan 2013
Is it really? Will see at the end of the year
Quoting Favorite
--- your results already shocked me! You managed to lose 60% in just three months, not everybody can do that! ,
05- Apr 2013
This was when I was showing 60% loss on my account. Now its less than 10%.We will see who will have the last laugh
Quoting Eur Usd
{quote} here we go again ,your system brings no profit. you --- LOL---
20- Apr 2013
OK, only time will tell where this account is heading
Quoting Eur Usd
{quote} 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.
29- May 2013
I won’t be surprised having emails and messages with people asking me about my system. By that time I will be charging £2000 per 10 day lesson .My buddies will be given the strategy for free
  • #1,096
  • Jun 24, 2013 4:19am Jun 24, 2013 4:19am
mate, I wish you all the best, but you're triumphing too early. you are dealing well only for few days - hopefully you'll keep going this way and will go straight up, but I think it's too early to count the money
On my way to financial independence - if others can do it - I can do it
  • #1,097
  • Jun 24, 2013 10:41am Jun 24, 2013 10:41am
Did anyone you see what EURJPY did to me today?It just went for my stop and now its heading upwards.This Market sometimes makes me laugh instead of being angry
  • #1,098
  • Jun 24, 2013 3:41pm Jun 24, 2013 3:41pm
Please find attached my performance spreadsheet.I am soldiering on!!!I am on £2.53 per pip this week.I will maintain my maximum 3.6% risk per trade from now.God has given me another chance and I repeat , I will never ever ever lose my cool the way I did last week.That was my last chance .
Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 23-06-2013.xls   219 KB | 150 downloads
  • #1,099
  • Jun 25, 2013 5:39am Jun 25, 2013 5:39am
I have already accepted losing those GBPUSD trades .This has been hovering around my stop for over 2 hrs now and when you see this happening , you just have to accept your fate .One candlestick will just jump and eat me alive very very soon , that's all it's been looking to do since it started hovering around my stop .
  • #1,100
  • Jun 25, 2013 6:31am Jun 25, 2013 6:31am
I thought your s/l is 3.6% loss - now I know why you don't know what discipline is ;-)
you should lower down your risk to 1% anyway - it would mean lower position size, but less worries and you'd be safer imo
On my way to financial independence - if others can do it - I can do it
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