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- Joined Apr 2009 | Status: Live and learn. | 21,807 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2014 | Status: Member | 719 Posts
"Holy Grail" exists - accepting where is the first step.
Price Action... Please describe 4 replies
Describe your trading day 10 replies
Is there anybody who can describe this crisis of subprime mortagage 2 replies
Disliked{quote} a bad trade my friend is a bad trade, regardless of the outcome. .Ignored
DislikedFirst of all, sorry for my English. It's not my main language.. To the point. Just thinking, instead of closing bad trade, maybe we could some how "save" them and ended up still having profit.. So, please describe your way to "save" bad trade.. thanks in advance...Ignored
Disliked{quote} Nono ! If a bad entry becomes green , it´s still a bad entry fare away from the rules. Of course it´s not a damage with one trade ( normally ) but only if you stick to your rules in your traded system you do the right thing.Ignored
Disliked{quote} Right... so you think it's ok to have "good trades" all the down to an account wipe out. I think I would rather make ~bad trades~ and make money...Ignored
Disliked{quote} say it out loud 10 times and i promise you you will not feel good about your prospects in this business. . Its such a cliche but still gonna say it, Every battle is won before its ever fought. A good trade is the one that based on rules of your method and a bad trade is the one you took breaking your rules in a rush of blood with a high leverage. The outcome of both trades is irrelevant regarding the fact if they are good or bad. .Ignored
Disliked{quote} There are a lot more reasons for bad entries than not following trading rules. Bad trader execution, bad internet connection, broker slippage, trading platform hangups, bad stop/limit order entries, typos, the list goes on. I've had many "bad entries" based on weird things going on and none had anything to do with not following my system rules.Ignored
DislikedI love these people that start a thread and never come back to show they even care or still exist. Let's see if you still exist. Why would you want to save a bad trade? As stated above, a bad trade is just that. Kill the trade then continued Money Management combined with the next winning trade washes it all away. Good RR allows you to F-up on occasion. Part of the biz... You're trading Live already and should know this. It's a silly question for someone trading live. Hello McFly you there... {quote}Ignored
Disliked{quote} Hello everybody, first of all, as always, sorry for my english. I'm sorry for not Online a few days back because I get hospitalized. Anyway Thank you for replying to this thread, all of your reply is Very inspiring. I guest every body here agree to:First, save your capital, then recover from the bad trade. But what I really wanted to know is, if any of you have any method to let the bad trades goes on but still able to close it and get profit even just small one. For example, I'm opening 1 lot buy at EURUSD, and then because...Ignored
DislikedI love these people that start a thread and never come back to show they even care or still exist. Let's see if you still exist. Why would you want to save a bad trade? As stated above, a bad trade is just that. Kill the trade then continued Money Management combined with the next winning trade washes it all away. Good RR allows you to F-up on occasion. Part of the biz... You're trading Live already and should know this. It's a silly question for someone trading live. Hello McFly you there... {quote}Ignored