Life Trading
The most comments are linked with the live trading. Orders will published beforehand or directly during the fx trading.
This page is dedicated to all those people who like to win. Maybe you could get one or other suggestion. I don't know!
Apart from "for there is nothing either good or bad, but thinking makes it so", (The Tragedie of Hamlet, William Shakespeare), to all appearances the forexmarket seems crazy and turns everything topsyturvy so that everybody can lose one's shirt. Forex is the place to invest risk capital. The market creates a lot of anomalies, e.g. against every technical or fundamental analysis, against price action and it seems extremely often in the last months also against the market itself here and there. High fast algorithm trading dominate the market and nobody knows where the market could go on.
If you have helpful hints feel free to publish here at this threat. You could do it in english, german or french.
The target is making 10-100% per year (real accounts). Interested traders who do so and have this success on real accounts over the last years are welcome to give their ideas at this board here!
Trading System
I take only a few indicators predominantly, like the CCI and Pivotals, price action, some support and resistance lines and the candlesticks described in my threads in former times. The main aspects could be that the same trading system could work differently for each individual based on his experience (corpus rationale), risk tolerance, basic understanding of market indicators, emotional control (discipline), and a variety of other personal charactaristics that could make your trading prosperous. I would like to add that the four systems complement each other.
Wir leben alle unter demselben Himmel, aber wir haben nicht alle denselben Horizont.
Konrad Hermann Joseph Adenauer
Risk-Management in Life Trading
Trades are executed & labeled with "1x", "2x", "3x", "5x" regularly to take advantage of a situation of different entry- & exit points.
Scalping Trades are performed with 10x oft-times.
If nothing is labeled e.g. EURUSD, Long @ 1.3500, that is "1x" (= 0.1 Lot) at a 10'000.-$ Account and
0.01 Lot per 10-K-Account is to be recommended by reducing the risk.
I wish you happy trading!
FXcube
A journey of a thousand miles must begin with a single step.
Laozi (Laotse)
___
Further explenations: #2, #376, #438, #456, #475, #647, #769 #771, #787, 1'408
____
Real Account (Leverage 1:50)
Actul Result - Equity: 1'011.-$, p.37, #722 (2014 April 18); Equity: 1'033.-, p.43, #856 (2014 April 28); Equity: 1'100.-$, p.45, #895 (2014 April 30);
Result: +10% since 2014 April 18 - 2014 April 30;
_____
Label:
LOM = Loss Order Management; LOTTA = Long(er) Term Trade Account; LT = Life Trading; LTT = Longer Term Trade; STT = Shorter Time Trading; MTFA = Multiple Time Frame Analysis; PO = Pending Order; RA = Risk Assessment; S = Scalping; ST = Swinging Trade; 1/10 = 0.1 Lot; SL = Stop Loss, TS = Trailing Stop
___
End
This thread was closed by FXcube at 2014 October 03, see p.106, #2'112.
The most comments are linked with the live trading. Orders will published beforehand or directly during the fx trading.
This page is dedicated to all those people who like to win. Maybe you could get one or other suggestion. I don't know!
Apart from "for there is nothing either good or bad, but thinking makes it so", (The Tragedie of Hamlet, William Shakespeare), to all appearances the forexmarket seems crazy and turns everything topsyturvy so that everybody can lose one's shirt. Forex is the place to invest risk capital. The market creates a lot of anomalies, e.g. against every technical or fundamental analysis, against price action and it seems extremely often in the last months also against the market itself here and there. High fast algorithm trading dominate the market and nobody knows where the market could go on.
If you have helpful hints feel free to publish here at this threat. You could do it in english, german or french.
The target is making 10-100% per year (real accounts). Interested traders who do so and have this success on real accounts over the last years are welcome to give their ideas at this board here!
Trading System
I take only a few indicators predominantly, like the CCI and Pivotals, price action, some support and resistance lines and the candlesticks described in my threads in former times. The main aspects could be that the same trading system could work differently for each individual based on his experience (corpus rationale), risk tolerance, basic understanding of market indicators, emotional control (discipline), and a variety of other personal charactaristics that could make your trading prosperous. I would like to add that the four systems complement each other.
Wir leben alle unter demselben Himmel, aber wir haben nicht alle denselben Horizont.
Konrad Hermann Joseph Adenauer
Risk-Management in Life Trading
Trades are executed & labeled with "1x", "2x", "3x", "5x" regularly to take advantage of a situation of different entry- & exit points.
Scalping Trades are performed with 10x oft-times.
If nothing is labeled e.g. EURUSD, Long @ 1.3500, that is "1x" (= 0.1 Lot) at a 10'000.-$ Account and
0.01 Lot per 10-K-Account is to be recommended by reducing the risk.
I wish you happy trading!
FXcube
A journey of a thousand miles must begin with a single step.
Laozi (Laotse)
___
Further explenations: #2, #376, #438, #456, #475, #647, #769 #771, #787, 1'408
____
Real Account (Leverage 1:50)
Actul Result - Equity: 1'011.-$, p.37, #722 (2014 April 18); Equity: 1'033.-, p.43, #856 (2014 April 28); Equity: 1'100.-$, p.45, #895 (2014 April 30);
Result: +10% since 2014 April 18 - 2014 April 30;
_____
Label:
LOM = Loss Order Management; LOTTA = Long(er) Term Trade Account; LT = Life Trading; LTT = Longer Term Trade; STT = Shorter Time Trading; MTFA = Multiple Time Frame Analysis; PO = Pending Order; RA = Risk Assessment; S = Scalping; ST = Swinging Trade; 1/10 = 0.1 Lot; SL = Stop Loss, TS = Trailing Stop
___
End
This thread was closed by FXcube at 2014 October 03, see p.106, #2'112.
