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As simple as possible: 00 level trading

  • #2,381
  • Jun 13, 2014 8:47am Jun 13, 2014 8:47am
Quoting cigarguy
{quote} This retired trader did not use stop losses. Regards, Cigarguy {image}
must invest repair it and sell it .. good profit lol
  • #2,382
  • Jun 13, 2014 8:49am Jun 13, 2014 8:49am
Quoting ckikadikoi
{quote} Try to find some range and where are possible break but its not in the rules of this thread and its a tool of mt4 not an automatic thing
Hello, its not in the rules of this thread but you can help if you post where we can find this indicator. Very good rules can also be expanded.
  • #2,383
  • Jun 13, 2014 8:51am Jun 13, 2014 8:51am
Quoting rmndschmidt
{quote} Hello, its not in the rules of this thread but you can help if you post where we can find this indicator. Very good rules can also be expanded.
Its not an indicator. He manually draws them.
Small disciplines repeated with consistency lead to great achievements.
  • #2,384
  • Jun 13, 2014 8:55am Jun 13, 2014 8:55am
Quoting jmflukeiii
{quote} Its not an indicator. He manually draws them.
yes its manually draws

sorry english is not my tonge language
  • #2,385
  • Jun 13, 2014 8:57am Jun 13, 2014 8:57am
must go away from my computer see you later !
  • #2,386
  • Jun 13, 2014 8:57am Jun 13, 2014 8:57am
Quoting ckikadikoi
{quote} yes its manually draws sorry english is not my tonge language
Its okay - I understood!
Small disciplines repeated with consistency lead to great achievements.
  • #2,387
  • Jun 13, 2014 9:03am Jun 13, 2014 9:03am
speaking of not mentioning losers.. I am a transparent guy so I don't mind.

So here is one by me.. like an idiot.. not following the rules and get yourself in the a mess.. making life for yourself harder for no reason at times..

1st trade long at 100Lv i took, is a winner but was not ripe for a signal.. if I simply had waited for the valid signal which is (marked 2) I would have made my 5 pips easily and done with the one trade an hour.. instead tried to out smart the damn thing by being aggressive and early.. which that winner led me to ignore the actual valid signal at 200LV.. then feeling empty as how nicely pa was moving bullish, so, then making things worse got tempted to take a shot at the 300LV (marked 3, the absolute no f-ing signal, lol) to only get topped off for a full 10piper loss.. well deserved. and I am a so to say a experience trader, lol

just a scenario of a common mistake, humbly assume.

it all matters what you do in the heat of the battle.. controlling the discipline, aggressiveness, desire/temptation, greed, etc,. the more practice and repetition will make cure.

comfortably was done for the day going 2for2 and now back to NULL, lol.. that's the way it goes..

hopefully it helps a soul.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.im15.png Size: 72 KB
Passion, Persist, Patience, Protect
  • #2,388
  • Jun 13, 2014 9:15am Jun 13, 2014 9:15am
Quoting FXEmpire
speaking of not mentioning losers.. I am a transparent guy so I don't mind. So here is one by me.. like an idiot.. not following the rules and get yourself in the a mess.. making life for yourself harder for no reason at times.. 1st trade long at 100Lv i took, is a winner but was not ripe for a signal.. if I simply had waited for the valid signal which is (marked 2) I would have made my 5 pips easily and done with the one trade an hour.. instead tried to out smart the damn thing by being aggressive and early.. which that winner led me to ignore...
FXEmpire,

As you know and clearly explained, sometimes our experience becomes a detriment and we become complacent. I am with you on this brother and have been there and done that and have paid the price. Experience is the best teacher as long as we all learn from our mistakes. I am retired and have been trading markets for 20+ years, and still do dumb, against the rules, stuff! Hopefully someday I will learn......but I have been saying that for 20+ as well

Regards and Have a nice weekend
Cigarguy
Keep It Simple
  • #2,389
  • Jun 13, 2014 9:20am Jun 13, 2014 9:20am
Quoting FXEmpire
speaking of not mentioning losers.. I am a transparent guy so I don't mind. So here is one by me.. like an idiot.. not following the rules and get yourself in the a mess.. making life for yourself harder for no reason at times.. 1st trade long at 100Lv i took, is a winner but was not ripe for a signal.. if I simply had waited for the valid signal which is (marked 2) I would have made my 5 pips easily and done with the one trade an hour.. instead tried to out smart the damn thing by being aggressive and early.. which that winner led me to ignore...

great lesson... you were lucky to finish neutral on this..

Quit while your ahead..

Udine
Sleep less, live fast, as it aint gonna last
  • #2,390
  • Jun 13, 2014 9:21am Jun 13, 2014 9:21am
Ok guys I am out of here..

Cheers have a good weekend

Udine
Sleep less, live fast, as it aint gonna last
  • #2,391
  • Jun 13, 2014 9:23am Jun 13, 2014 9:23am
Quoting Udine
Ok guys I am out of here.. Cheers have a good weekend Udine
Have a cold one and enjoy

Regards,
Cigarguy
Keep It Simple
  • #2,392
  • Jun 13, 2014 9:25am Jun 13, 2014 9:25am
Quoting udine
the man who makes more money than his wife can spend !!
who is batman. The one who remains bachelor and spends all the money for himself.
  • #2,393
  • Jun 13, 2014 9:28am Jun 13, 2014 9:28am
Quoting pedma
Hi, Trying to create an indicator, which i can get all information i need for Udine's great WUKAR system !! Thanks Udine. The "commission", market hours (session: frankfurt, london, newyork, etc) & news checking (-1 hr, +30min) still not yet finish. Thanks -pedma {image} {file}
Hi,

This is Wukar version 002. Adding the commission & market session.

Thanks
-pedma
Attached Image
Attached File(s)
File Type: ex4 WukarMonitor_v002.ex4   65 KB | 588 downloads
Good friends are more valuable than gold ...
  • #2,394
  • Jun 13, 2014 9:32am Jun 13, 2014 9:32am
Quoting pedma
{quote} Hi, This is Wukar version 002. Adding the commission & market session. Thanks -pedma {image} {file}
pedma,

Your good at this stuff. Does this one have any x or y options for placement on the charts?

Regards,
Cigarguy
Keep It Simple
  • #2,395
  • Jun 13, 2014 9:37am Jun 13, 2014 9:37am
Udine,
Can you provide a sample entry in your journal, So it will give an idea how to keep a log of "My Inc".
Sorry to ask this but if you dont mind and have little time.
Cheers.
  • #2,396
  • Jun 13, 2014 9:38am Jun 13, 2014 9:38am
Quoting pedma
{quote} Hi, This is Wukar version 002. Adding the commission & market session. Thanks -pedma {image} {file}

Hi Pedma what does the SIGNAL on this wukar 002 stands for?
  • #2,397
  • Jun 13, 2014 9:39am Jun 13, 2014 9:39am
Quoting cigarguy
{quote} FXEmpire, As you know and clearly explained, sometimes our experience becomes a detriment and we become complacent. I am with you on this brother and have been there and done that and have paid the price. Experience is the best teacher as long as we all learn from our mistakes. I am retired and have been trading markets for 20+ years, and still do dumb, against the rules, stuff! Hopefully someday I will learn......but I have been saying that for 20+ as well Regards and Have a nice weekend Cigarguy

Have nice weekend too.
Passion, Persist, Patience, Protect
  • #2,398
  • Jun 13, 2014 9:41am Jun 13, 2014 9:41am
Quoting FXEmpire
+4 ej 100 LV.. slightly not within the rule as when I took it the hourly was not green but close enough.. I knew magically would turn green.. (I got that from Udine, lol) getting closer to early weekend golf game.. {image}
Bro,
Your chart looks beautiful. One question. How do you know that its the start of the next 1 hour (by experience ?)
  • #2,399
  • Jun 13, 2014 9:43am Jun 13, 2014 9:43am
Quoting FXEmpire
speaking of not mentioning losers.. I am a transparent guy so I don't mind. So here is one by me.. like an idiot.. not following the rules and get yourself in the a mess.. making life for yourself harder for no reason at times.. 1st trade long at 100Lv i took, is a winner but was not ripe for a signal.. if I simply had waited for the valid signal which is (marked 2) I would have made my 5 pips easily and done with the one trade an hour.. instead tried to out smart the damn thing by being aggressive and early.. which that winner led me to ignore...
(1) was a price turn trade. very profitable. using an exit play book would have resulted in more than 5 pip profit and no loss.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #2,400
  • Jun 13, 2014 9:49am Jun 13, 2014 9:49am
Quoting cigarguy
{quote} pedma, Your good at this stuff. Does this one have any x or y options for placement on the charts? Regards, Cigarguy
Hi Cigarguy,

Not yet at this version. May be at next version ...
edit: And news filter is not yet finish also at this version.

-pedma
Good friends are more valuable than gold ...
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