EChf stopped out and ECad: this is getting f...king tedious, entry again missed by a pip, got my level but with widened spread, and then.,... woosh: {image} EA missed as well, but by far bigger margin.
Patience is a virtue...
- #6,921
- Aug 25, 2014 11:14am Aug 25, 2014 11:14am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
- #6,922
- Aug 25, 2014 1:02pm Aug 25, 2014 1:02pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
Schickel macht ernst......... 
Laß uns mal folgendes versuchen:
Schickel
Schickel
Schiiiiiiiiiiickel!!!!!!!!!!
Freibier????
Laß uns mal folgendes versuchen:
Schickel
Schickel
Schiiiiiiiiiiickel!!!!!!!!!!
Freibier????
- #6,923
- Aug 26, 2014 2:27am Aug 26, 2014 2:27am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
Schickel macht ernst.........
Patience is a virtue...
- #6,924
- Aug 26, 2014 2:28am Aug 26, 2014 2:28am
- Joined Apr 2011 | Status: barefooted | 1,633 Posts
Fail better.
- #6,925
- Aug 26, 2014 3:12am Aug 26, 2014 3:12am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
Patience is a virtue...
- #6,926
- Aug 26, 2014 3:47am Aug 26, 2014 3:47am
- Joined Apr 2011 | Status: barefooted | 1,633 Posts
Interesting topic, something that bothers me as well. I simply can't trade below H1, and so I think that I actually 'work' maybe two hours a day, the rest is waiting for alarms to sound, etc. One thing I obviously do is wasting time on FF (
). Then I run, play battlefield, talk walks and read a lot. But I'm thinking about how to spend my time better as well. One aspect that bothers me is the lack of 'colleages', co-workers, people you meet at the coffee-machine, you name it. I thought about setting up my office with others (I think we talked about that some time ago, you did something like that, right?), but after considering that I decided against it. In my city everything is about the next cool project, I simply couldn't stand to share an office with a bunch of hyperactive twenty/thirtysomethings while doing the same thing I do now, mainly: waiting...
Currently I'm thinking about taking on a part-time job, preferably in a charity or something, where I can put my former jobskills (management) to use while retaining the processing power to trade. Not decided yet. And on the other hand I've got two kids, they keep me busy in the afternoon, and I do housework, etc.
Would be interesting to hear from others about that topic.
Edit: shorting opportunity in AN coming up? Mid at 1.1176, for some 400 pips? Lookin how that devellops.
). Then I run, play battlefield, talk walks and read a lot. But I'm thinking about how to spend my time better as well. One aspect that bothers me is the lack of 'colleages', co-workers, people you meet at the coffee-machine, you name it. I thought about setting up my office with others (I think we talked about that some time ago, you did something like that, right?), but after considering that I decided against it. In my city everything is about the next cool project, I simply couldn't stand to share an office with a bunch of hyperactive twenty/thirtysomethings while doing the same thing I do now, mainly: waiting...Currently I'm thinking about taking on a part-time job, preferably in a charity or something, where I can put my former jobskills (management) to use while retaining the processing power to trade. Not decided yet. And on the other hand I've got two kids, they keep me busy in the afternoon, and I do housework, etc.
Would be interesting to hear from others about that topic.
Edit: shorting opportunity in AN coming up? Mid at 1.1176, for some 400 pips? Lookin how that devellops.
Fail better.
- #6,927
- Aug 26, 2014 4:25am Aug 26, 2014 4:25am
- Joined Oct 2011 | Status: Lost.... | 2,384 Posts
Well, I work as a senior financial analyst doing simple budgeting and controlling stuff. I intentionally made this move from my previous management level positions for the following reasons: 1) devote more time to improve/trade Forex, 2) got tired of all the politics/backstabbing/BS, 3) work my 8-9hrs/day, period, and 4) spend the weekends with my family instead of working/traveling. Simply put, I didn't want to become one of these corporate a-holes!
If or when I get to a point where I can do this for a living, I would follow Fini's or Schick's method of trading 300+ pips, minimum 50 lots. However, due diligence must be performed in order to commit to such a large position. The rest of the time waiting, I would golf/bike/ski instead. This is what I did when I was running my own little commodities fund 12 years ago for 5 years, and it was one of the best times of my professional life. Unfortunately, it didn't pan out and I had to go back to corporate.
If or when I get to a point where I can do this for a living, I would follow Fini's or Schick's method of trading 300+ pips, minimum 50 lots. However, due diligence must be performed in order to commit to such a large position. The rest of the time waiting, I would golf/bike/ski instead. This is what I did when I was running my own little commodities fund 12 years ago for 5 years, and it was one of the best times of my professional life. Unfortunately, it didn't pan out and I had to go back to corporate.
Lost....
- #6,928
- Edited 6:21am Aug 26, 2014 5:04am | Edited 6:21am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
Interesting topic, something that bothers me as well. I simply can't trade below H1, and so I think that I actually 'work' maybe two hours a day, the rest is waiting for alarms to sound, etc. One thing I obviously do is wasting time on FF (
I've come to the conclusion long time ago, that the daily charts are my preffered time frame, I'm done trying to read the lower ones.. when I check the charts in the the evening, I already know if there's going to be any possible setups for the next day, which is great, but also really boring in the length when I know that tomorrow is a "no-setups-day"..
the colleages /co-worker didn't bother me in the start, but I most admit at times I fell pretty isolated, mostly because it's not possible to discuss trading related topics, but that's where FF comes in play, and it helps a lot to have "conversations" with others, but sometimes I miss the "face-to-face" conversation/discussion..
and yes, it's true that I sat in an office for traders - and I still have contact to a few of them, but I dunno, I didn't liked it that much.. maybe it would be different if you choosed who you worked with, like traders you knew and you knew where serious - but the at the office where I were, people could come and go as they wanted, so many different "traders" everyday, part timers/fulltimers/retired people and a lot of wannabees, many egos, many know-it-all types, but in the end most of them disappered because they blew up.. true story.. but IMO it's just something different when it's your own money, and maybe thats why I didn't liked the joined office..
part-time job, charity or no charity makes sense to me.. the money aspect isn't a problem atm, right now it's just a balance between growing the account vs. paying the bills and getting paid for your effort every now and then .. it's just the psychological aspect of being 26 and "doing" nothing, I don't have any kids, and not planning to get any in the near future, so lot's of time compared to others I guess.. I dunno, maybe it depends on the age , lifestyle etc etc..
but yes, it would be interesting to hear from others (!)
fell free to post !
Patience is a virtue...
- #6,929
- Aug 26, 2014 5:13am Aug 26, 2014 5:13am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} when I started trading I thougt everyday would be exciting, like very exciting.. damn I was wrong, sooo much time doing nothing, waiting day in and day out.. I'm thinking about what to do while waiting all those hours (sometimes days), the psychological effect of doing nothing is starting to upset me a bit, it's not like I have a desire to trade everyday, more like, what can I do with my time when there's is no trading opportunities.. I wonder what some of you guys do, I mean, are any of you doing some kind of side projects, just to fell...
Since I am working at university and only learning how to trade, it is not difficult to fill my time. When I get the chance, I go fishing or play some poker or chess, but mainly I look after at least 4-6 workouts every week to deal with stress and relieve my body from all the sitting and thinking how to work things out. When I started out, scalping seemed like the big thing in trading, but I quickly realized that it was not for me. Positions with a good CRV and a SL of 30-100 pips with possible 40-150 or more pips seem to fit my character best and I am working on a new system now.The charity idea Larry had is a great one. Sometimes I feel bad about not doing enough here, lacking money and time to support others enough. I would like to invest in education with more than my tiny works one day, being disappointed by how this issue is treated by german politics. An organization for giving scholarships to talented people who just do "not fit" into the academic picture and will not receive any funding by standard foundations due to hidden resentments and cases of social separation which are not openly discussed but present for sure. Yes, that would make me happy, seeing these people succeed.
Fix up, trade sharp ...
- #6,930
- Aug 26, 2014 5:30am Aug 26, 2014 5:30am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
One thing I obviously do is wasting time on FF (
Fix up, trade sharp ...
- #6,931
- Aug 26, 2014 6:33am Aug 26, 2014 6:33am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
{quote} Good topic. You are currently enjoying the luxury of having too much time
Patience is a virtue...
- #6,932
- Aug 26, 2014 7:02am Aug 26, 2014 7:02am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} yes, but don't know if it's a luxury, right now I don't appreciate the too-much-time issue.. maybe I need some bigger goals, or maybe just work with side projects to get some daily challenges when trading is slow/waiting mode.. or maybe it's just a part of the reward of actually risking your money when "going-to-work", at any rate, I'm prolly the only person who knows what to do
Fix up, trade sharp ...
- #6,933
- Aug 27, 2014 1:27am Aug 27, 2014 1:27am
- Joined Apr 2011 | Status: barefooted | 1,633 Posts
Fail better.
- #6,934
- Aug 27, 2014 9:58am Aug 27, 2014 9:58am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
Patience is a virtue...
- #6,935
- Edited 2:37pm Aug 28, 2014 2:18pm | Edited 2:37pm
- Joined Mar 2012 | Status: Trader | 10,087 Posts
{quote} hmmmmm, will Schickeria ever post again?
Ist gepostet worden davor!
- #6,936
- Edited 2:38pm Aug 28, 2014 2:22pm | Edited 2:38pm
- Joined Mar 2012 | Status: Trader | 10,087 Posts
Schickel macht ernst.........
Nur für gewünschte Gäste und nicht für................................... Vorabend-Einchecker!
- #6,937
- Aug 28, 2014 2:25pm Aug 28, 2014 2:25pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} Nein ich poste nür müll in zukunft Ist gepostet worden davor! {image}
Fix up, trade sharp ...
- #6,938
- Aug 28, 2014 2:30pm Aug 28, 2014 2:30pm
- Joined Mar 2012 | Status: Trader | 10,087 Posts
{quote}
