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  • #1,101
  • Jun 25, 2013 7:04am Jun 25, 2013 7:04am
Quoting Eur Usd
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

Its not like I stick to my rules every time , Its about the human element with a little bit of adjustment , otherwise I might as well buy an EA.What I was talking about was blowing my acount kind of trades , otherwise 4.9% is not bad , its only 10 pips above my normal 30 pip stops
  • #1,102
  • Jun 25, 2013 7:26am Jun 25, 2013 7:26am
Quoting tafadzwa02
{quote} Its not like I stick to my rules every time , ...
On my way to financial independence - if others can do it - I can do it
  • #1,103
  • Jun 25, 2013 7:55am Jun 25, 2013 7:55am
Quoting Eur Usd
{quote}

I don't understand why you are laughing ? You can't trade just because your system says trade , what if you hear on the nes that GBP is devalued and your system is telling you to buy? There is no system out there that knows whats happening everywhere that's where the human element comes in .I thought this was obvious , I might as well laugh at you .You should be better than your system , trust me otherwise you will never be able to make it in this business
  • #1,104
  • Jun 25, 2013 8:15am Jun 25, 2013 8:15am
I laugh as you said you don;t stick to your own rules - this will ruin your trading imo
time to play world of tanks ;-)
out of curiosity - do you trade from computer or from mobile?
On my way to financial independence - if others can do it - I can do it
  • #1,105
  • Jun 25, 2013 8:43am Jun 25, 2013 8:43am
Quoting Eur Usd
I laugh as you said you don;t stick to your own rules - this will ruin your trading imo time to play world of tanks ;-) out of curiosity - do you trade from computer or from mobile?
I trade from both , i got Iphone 5 MT4 App , but I do most of my analysis at home before work , like around 5:30 am so when I trade I know where I should jump in .Sticking to rules can't be just like a machine , otherwise why bother ? You can't just say I trade coz my system says so without taking into consideration everything else
  • #1,106
  • Jun 25, 2013 8:53am Jun 25, 2013 8:53am
yeah, but the way you trade is too risky imo and the only reason why you succeeded recently was overleveraging and luck. take a look at last month's winning trades and loosing trades. most loosing are more than 2%, most winning are less than 1%

regarding to phones - I think of buying Samsung Galaxy S3 and was wondering how it would work on forex - I need moving averages

this one: http://store.three.co.uk/view/produc...an=PAY_MONTHLY
they offer best internet in UK. plus keyboard like this one: http://www.ebay.co.uk/itm/Ultra-Thin...item3cd2dda86c
On my way to financial independence - if others can do it - I can do it
  • #1,107
  • Jun 25, 2013 9:03am Jun 25, 2013 9:03am
Quoting Eur Usd
yeah, but the way you trade is too risky imo and the only reason why you succeeded recently was overleveraging and luck. take a look at last month's winning trades and loosing trades. most loosing are more than 2%, most winning are less than 1% regarding to phones - I think of buying Samsung Galaxy S3 and was wondering how it would work on forex - I need moving averages this one: http://store.three.co.uk/view/produc...an=PAY_MONTHLY they offer best internet...

Whatever it is , I ma winning , that's the most important thing .Iphone5 is far much better ,you get Bill Williams on it
  • #1,108
  • Jun 25, 2013 9:12am Jun 25, 2013 9:12am
I don't want iPhone
Inserted Video
On my way to financial independence - if others can do it - I can do it
  • #1,109
  • Jun 25, 2013 10:13am Jun 25, 2013 10:13am
Quoting Eur Usd
yeah, but the way you trade is too risky imo and the only reason why you succeeded recently was overleveraging and luck. take a look at last month's winning trades and loosing trades. most loosing are more than 2%, most winning are less than 1% regarding to phones - I think of buying Samsung Galaxy S3 and was wondering how it would work on forex - I need moving averages this one: http://store.three.co.uk/view/produc...an=PAY_MONTHLY they offer best internet...
I honestly do have some logic in my trades , you might think its just gambling , no . What happens most of the time is I might see a signal and instead of risking my 3.6 % I risk 50% and when it moves against me for a bit , I lose everything , I want you to check my trades and you will notice what I am talking about .The losses for today were because I was just stooped out , I reentered the GBPUSD , look at it now I could not move my stop any further as I had allowed the 10 pips maximum move but that meant I had to reenter , that's why I am in now .I dont just jump in .There is a lot of logic in this trading I tell you .
  • #1,110
  • Jun 25, 2013 10:22am Jun 25, 2013 10:22am
See ? as soon as I close EURJPY buy , it rushes up wards .I should stop this practice of cutting my losses .I am missing to may opportunities
  • #1,111
  • Jun 25, 2013 10:27am Jun 25, 2013 10:27am
Quoting tafadzwa02
See ? as soon as I close EURJPY buy , it rushes up wards .I should stop this practice of cutting my losses .I am missing to may opportunities
It could as well drop down 200 pips within 15 minutes - you know EJ can do it. EJ can be very profitable, but also can be a real bitch
On my way to financial independence - if others can do it - I can do it
  • #1,112
  • Jun 25, 2013 11:25am Jun 25, 2013 11:25am
Quoting Eur Usd
{quote} It could as well drop down 200 pips within 15 minutes - you know EJ can do it. EJ can be very profitable, but also can be a real bitch
Agree , I am getting to that point where every pip matters , and every trade I make has to really make sense .Interesting times these .I can only imagine in December when I will be trading £50 per pip .At that point if the market moves just 20 point you are either losing or winning £1000 , .That would be the time when trading ceases to be fun .Will see when we get there
  • #1,113
  • Jun 26, 2013 5:49am Jun 26, 2013 5:49am
Quoting Eur Usd
yeah, but the way you trade is too risky imo and the only reason why you succeeded recently was overleveraging and luck. take a look at last month's winning trades and loosing trades. most loosing are more than 2%, most winning are less than 1% ---


You honestly think the last few Sell Trades I have been taking on GBPUSD, have just been random? Think again mate .This game is not for randoms,, there has to be a logic in every trade .The only problem that I had was with over leveraging .I have blown my account on a few occasions because of over confidence that I go in with too much, risking everything .This is what I have vowed never to do again , the maximum I can go on a trade is maybe 5% , otherwise 3.9% is my average risk per trade
  • #1,114
  • Jun 26, 2013 6:16am Jun 26, 2013 6:16am
you have balls of steel mate, to be in this trade that long. I bet you wanted to clear weekly profit on 0% or above?
On my way to financial independence - if others can do it - I can do it
  • #1,115
  • Jun 26, 2013 7:34am Jun 26, 2013 7:34am
Quoting Eur Usd
you have balls of steel mate, to be in this trade that long. I bet you wanted to clear weekly profit on 0% or above?
I wanted to let my profits run , I am no longer sure now if it was a good Idea.every time I let my profits run I get wiped , If I close early , it goes and never comes back fro 2 days bastardThis thing honestly makes me sick
  • #1,116
  • Jun 26, 2013 8:26am Jun 26, 2013 8:26am
Quoting Eur Usd
you have balls of steel mate, to be in this trade that long. I bet you wanted to clear weekly profit on 0% or above?
I honestly don't see the point of your Demo , you are NEVER going to behave the same , so why try something that you will NEVER do in real life?
  • #1,117
  • Jun 26, 2013 8:48am Jun 26, 2013 8:48am
It is to learn proper attitude. it will work
On my way to financial independence - if others can do it - I can do it
  • #1,118
  • Jun 26, 2013 8:50am Jun 26, 2013 8:50am
Quoting Eur Usd
It is to learn proper attitude. it will work

OK , will see.
GBPUSD doesn't want t collapse as I thought it would
  • #1,119
  • Jun 26, 2013 8:51am Jun 26, 2013 8:51am
I told you to get out when you could. now it goes against you. leave it for today ;-)
On my way to financial independence - if others can do it - I can do it
  • #1,120
  • Jun 26, 2013 10:03am Jun 26, 2013 10:03am
Quoting Eur Usd
I told you to get out when you could. now it goes against you. leave it for today ;-)
This is why ignored you mate , It's called experience

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