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All Indicators Trading system

  • #1,701
  • Oct 24, 2013 4:46am Oct 24, 2013 4:46am

There are a few things I have leaned in this journey but one of the most important lies between Money Management and Risk Reward per trade.Sometimes you get quite a number of continuous losses maybe 5 maybe 6 , or even 10 .If your risk reward and money management per trade is not good , your account will be wiped out in no time .Whatever you do , just try and make sure that your winnings will take care of your loses , whatever number of continuous losses you have .This is one of the key pillars of success in this tough business

  • #1,702
  • Oct 24, 2013 6:17pm Oct 24, 2013 6:17pm
Now you're back to your equity before the disaster caused by impatience and revenge trading.

REMEMBER: Being patient pays you a lot. Impatience you pay them a lot.
Fear prevent possibilities, and so does Greed
  • #1,703
  • Oct 25, 2013 1:45am Oct 25, 2013 1:45am
Quoting xtrader101
.....REMEMBER: Being patient pays you a lot. Impatience you pay them a lot.


Experience is a very good teacher , nothing beats it.You can attend as many seminars as you can , try as many systems as you can but in the end , its PERSONAL experience on the market over a sustained period that will shape how you trade.
  • #1,704
  • Oct 25, 2013 6:23am Oct 25, 2013 6:23am
I still think you're constantly on BE
On my way to financial independence - if others can do it - I can do it
  • #1,705
  • Oct 25, 2013 9:56am Oct 25, 2013 9:56am
Quoting Eur Usd
I still think you're constantly on BE

At least I am not losing , besides , I got the nerve to show you my trades unlike you.
  • #1,706
  • Oct 25, 2013 10:09am Oct 25, 2013 10:09am
you're not losing - true - congratz
as about showing my trades - I already spoke with you about it
On my way to financial independence - if others can do it - I can do it
  • #1,707
  • Oct 28, 2013 1:40am Oct 28, 2013 1:40am
I am +/-£145 risk per trade this week after topping up £1000. Please check attached for more info.I will start to post potential trades occasionally.


Today's Hot trades


Buy EURAUD around 1.4343 (Stop loss around 1.4296 )

Sell GBPJPY around 157.93 (Stop loss around 158.30 )

Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 27-10-2013.xls   442 KB | 211 downloads
  • #1,708
  • Oct 28, 2013 1:43am Oct 28, 2013 1:43am
Quoting tafadzwa02
I am +/-£145 risk per trade this week after topping up £1000. Please check attached for more info {file}
How much is the threshold of our bet now?
Fear prevent possibilities, and so does Greed
  • #1,709
  • Oct 28, 2013 1:51am Oct 28, 2013 1:51am
Quoting xtrader101
{quote} How much is the threshold of our bet now?
I will do the maths then let you know by lunch time , as things stand , I am still the winner
  • #1,710
  • Oct 28, 2013 2:52am Oct 28, 2013 2:52am
Quoting xtrader101
{quote} The amount from £100 is now changed to £500 due to the deposit of £400 on August 16, 2013. If Master Yoda's (Tafadzwa02) amount in this account falls below £500 on or before December 31, 2013, he will pay me US $100. If the amount is higher or equal to £500, I will pay him US $100. He has to continue trading the way he trades. If he stops trading then this agreement will be voided.

I have deposited
£823
£300
£1000
=
£2123 since our bet.That makes it a balance of £2223 at the beginning of January for me to be a winner
  • #1,711
  • Edited 10:23am Oct 28, 2013 10:08am | Edited 10:23am
Quoting tafadzwa02
.... Today's Hot trades Buy EURAUD around 1.4343 (Stop loss around 1.4296 ) ..{file}
Trade no longer valid

Quoting tafadzwa02
.... Sell GBPJPY around 157.93 (Stop loss around 158.30 )....{file}
Trade taken and lost , Bearish Bias still remains though .Will Sell it @ 157.63 for the long term , maybe 100 pips profit.
  • #1,712
  • Oct 28, 2013 10:56am Oct 28, 2013 10:56am
Quoting tafadzwa02
{quote} trade no longer valid {quote} trade taken and lost , bearish bias still remains though .will sell it @ 157.63 for the long term , maybe 100 pips profit.
in this case no point for me to read "your" book :d
On my way to financial independence - if others can do it - I can do it
  • #1,713
  • Oct 28, 2013 11:07am Oct 28, 2013 11:07am
Quoting Eur Usd
{quote} in this case no point for me to read \"your\" book :d
I am not writing any book , If you don't want me to post anything , i won't , it doesn't bother me.
  • #1,714
  • Oct 28, 2013 11:45am Oct 28, 2013 11:45am
Quoting tafadzwa02
{quote} I am not writing any book , If you don't want me to post anything , i won't , it doesn't bother me.
I was on about Bill Williams Trading Chaos ;-) Chill ;-)
About your signals - I never copy somebody elses signals
On my way to financial independence - if others can do it - I can do it
  • #1,715
  • Oct 29, 2013 8:13am Oct 29, 2013 8:13am

Today's Hot Tip


Sell GBPJPY around 157.40. Long Term trade

  • #1,716
  • Oct 29, 2013 8:20am Oct 29, 2013 8:20am
Quoting tafadzwa02
Today's Hot Tip Sell GBPJPY around 157.40. Long Term trade
Time to long then ;-)
On my way to financial independence - if others can do it - I can do it
  • #1,717
  • Oct 29, 2013 8:34am Oct 29, 2013 8:34am
Quoting Eur Usd
{quote} Time to long then ;-)
More than 24 hrs- If the market goes below 157.00 before 15:00 GMT , then this pair will collapse for the next 2 days , watch this space.That's what my signals are telling me , I might be wrong , lets wait and see .
  • #1,718
  • Oct 29, 2013 8:49am Oct 29, 2013 8:49am
Quoting tafadzwa02
{quote} More than 24 hrs- If the market goes below 157.00 before 15:00 GMT , then this pair will collapse for the next 2 days , watch this space.That's what my signals are telling me , I might be wrong , lets wait and see .
might be it's right, not sure as I dont see the chart today.
good luck with it.
On my way to financial independence - if others can do it - I can do it
  • #1,719
  • Oct 30, 2013 7:55am Oct 30, 2013 7:55am
EURUSD is a crap pair to trade , its really pathetic
  • #1,720
  • Oct 30, 2013 8:03am Oct 30, 2013 8:03am
Quoting tafadzwa02
EURUSD is a crap pair to trade , its really pathetic
that's how I see it: http://www.forexfactory.com/showthre...67#post7058667
and after it closed my s/l it went where I said it will. but as I stick to rules - 1.6% loss today and I am out - testing scalping strategy anyway - it is boring ;-)
On my way to financial independence - if others can do it - I can do it
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