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I want to pay off my mortgage asap with Choros

  • #61
  • Sep 18, 2014 4:45am Sep 18, 2014 4:45am
Quoting KingHussain
I am interested to know your plans which are other than fx
first is job promotion or getting better paid job (preferably night shift as it would allow me to trade and drop/pick my son to/from school)
second is own business - I had few ideas, I still have but I lack balls and money to start and I am kind of person that don;t like to borrow money (except my mortgage)
On my way to financial independence - if others can do it - I can do it
  • #62
  • Sep 18, 2014 5:06am Sep 18, 2014 5:06am
Quoting Eur Usd
{quote} first is job promotion or getting better paid job (preferably night shift as it would allow me to trade and drop/pick my son to/from school) second is own business - I had few ideas, I still have but I lack balls and money to start and I am kind of person that don;t like to borrow money (except my mortgage)
good luck buddy
Don't speculate trade with surety.
  • #63
  • Sep 18, 2014 5:07am Sep 18, 2014 5:07am
Quoting KingHussain
{quote} good luck buddy
thanks. I don't want to bet all on one horse ;-)
On my way to financial independence - if others can do it - I can do it
  • #64
  • Sep 18, 2014 6:07am Sep 18, 2014 6:07am
Hello, Eur!

I wish you to achieve your goal ASAP.
Perhaps, you don't need it, but for the additional inspiration here is a one more example that nothing is impossible (I found it accidentally yersterday in one of Russian forums): http://www.myfxbook.com/members/Prof...-58048/1011606
Good luck to you!

Best regards,
Artem
Let's go with the flow
  • #65
  • Sep 18, 2014 7:32am Sep 18, 2014 7:32am
Quoting artem_t
Hello, Eur! I wish you to achieve your goal ASAP. Perhaps, you don't need it, but for the additional inspiration here is a one more example that nothing is impossible (I found it accidentally yersterday in one of Russian forums): http://www.myfxbook.com/members/Prof...-58048/1011606 Good luck to you! Best regards, Artem
спасибо
It looks nearly impossible ;-)
On my way to financial independence - if others can do it - I can do it
  • #66
  • Edited 8:17am Sep 18, 2014 7:33am | Edited 8:17am
Quoting Eur Usd
{quote} Is it scalping method? do you mind sharing the idea?
ITs cherry pick method using scalping and 2000/1000 leverage , hit and run.

When am sure about a trade my mind is clear i close my eyes and say "wololo wololo " and press the button.

http://cloud-4.steampowered.com/ugc/...8.resizedimage
  • #67
  • Sep 18, 2014 8:24am Sep 18, 2014 8:24am
wololo - great method ;-)

Today again pairs went up as I expected. I am going to start testing on demo some more things beginning from Tuesday.
1 - PA on 4h and 1 day chart with risk of 1%@50 pips
2 - choros method but on 1%risk at 50 pips - risk will go up if it will work - this one is due to annoying fact that after price hits my s/l goes as I expected - if it works I will extend risk to even 5% but will be testing what works best, I will try to take same trades on this one as on real account which I will be running as well
3 - maybe some crazy get rich quick method ;-) which will fail sooner or later ;-)
On my way to financial independence - if others can do it - I can do it
  • #68
  • Sep 23, 2014 1:39am Sep 23, 2014 1:39am
Yesterday I traded on my mobile phone and must say it is great ;-) I can look at charts at work
I made trades 10 and 11 yesterday with mobile phone on 10 ema touch, got only 6 pips on each but feel better with it ;-)
Today I am back to trading. Will probably go to town later on so will possibly take some trades with phone again ;-)
On my way to financial independence - if others can do it - I can do it
  • #69
  • Sep 23, 2014 2:38am Sep 23, 2014 2:38am
watching my own silly behaviour and I see there's no point for me to even run journal. I suck at trading, and probably always will. I am the problem, not method, but me. I cant stick to my own rules, I force trades, I feel like it's my last day in my life to get rich. Time to go back to demo I think and keep practising.
Sorry everybody - If somebody was expecting something interesting here - you won't find it.
Don';t follow the thead - not worth it. I think I will come back to demo.
On my way to financial independence - if others can do it - I can do it
  • #70
  • Sep 23, 2014 9:27am Sep 23, 2014 9:27am
Finding the faults are half way to success.
there is always, always another trade!!
  • #71
  • Sep 24, 2014 5:08am Sep 24, 2014 5:08am
Quoting Eur Usd
watching my own silly behaviour and I see there's no point for me to even run journal. I suck at trading, and probably always will. I am the problem, not method, but me. I cant stick to my own rules, I force trades, I feel like it's my last day in my life to get rich. Time to go back to demo I think and keep practising. Sorry everybody - If somebody was expecting something interesting here - you won't find it. Don';t follow the thead - not worth it. I think I will come back to demo.
aah common , IF I CAN YOU CAN !
take some days off , then .. in one or two weeks :
Only watch the chart for one week .. but donīt trade!
And imagine you have only one - two shoots a day!
And in that week you only are " allowed to watch " you can mark these one or two entries by an arrow.
.... helped me after a losing streak !
Give it a try !
Guido
Risiko birgt immer auch die Chance.
  • #72
  • Sep 24, 2014 1:17pm Sep 24, 2014 1:17pm
Quoting profitfarmer
Finding the faults are half way to success.
Looks like the other half takes longer

Quoting Sesamstrasse
{quote} aah common , IF I CAN YOU CAN ! take some days off , then .. in one or two weeks : Only watch the chart for one week .. but donīt trade! And imagine you have only one - two shoots a day! And in that week you only are " allowed to watch " you can mark these one or two entries by an arrow. .... helped me after a losing streak ! Give it a try ! Guido
Idea is good might try. Point is when I switched off explorer I got back all 15% lost from beginning of the trade explorer took revenge trade with PA rules and took money back - good this time as I feel my balance has reseted (I am on +2.3%) - bad thing is this is not how I want to trade ;-)
How's your trading?
On my way to financial independence - if others can do it - I can do it
  • #73
  • Sep 24, 2014 1:58pm Sep 24, 2014 1:58pm
Quoting Eur Usd
{quote} Looks like the other half takes longer {quote} Idea is good might try. Point is when I switched off explorer I got back all 15% lost from beginning of the trade explorer took revenge trade with PA rules and took money back - good this time as I feel my balance...
Oh I started a couple of weeks my miniproject 100pips tp margincall ... I made with a couple of trades a extremly good profit .. But last week only BE and this week small losses.. All is possible .. target is to Xmas 500%but also a margincall is only 100pips away.We will see . May be I ll take one week off trading . Good luck Guido
Risiko birgt immer auch die Chance.
  • #74
  • Sep 24, 2014 2:40pm Sep 24, 2014 2:40pm
Quoting Sesamstrasse
...but also a margincall is only 100pips away....
looks like you trade with 1:50 leverage ;-)
What I was doing last 2 days was trading with no s/l based on choros entry rules - works fine, but it is like double edge sword - may hurt some day ;-)

used to trade demo account with no s/l within month I changed 500 into 1000 Pounds, and then in second month 1000 has changed into 4000 - but luck don't last forever
On my way to financial independence - if others can do it - I can do it
  • #75
  • Sep 24, 2014 3:42pm Sep 24, 2014 3:42pm
Quoting Eur Usd
watching my own silly behaviour and I see there's no point for me to even run journal. I suck at trading, and probably always will. I am the problem, not method, but me. I cant stick to my own rules, I force trades, I feel like it's my last day in my life to get rich. Time to go back to demo I think and keep practising. Sorry everybody - If somebody was expecting something interesting here - you won't find it. Don';t follow the thead - not worth it. I think I will come back to demo.
What you are feeling are the same feelings many of us have had at one point or another. Take a step back and a couple of deep breaths and regroup.

first and foremost be happy with yourself and grateful for everything you have today if you can't get to this place you are going to have a hard time dealing with trading and more than likely life. If you are not happy with you, you will keep sabotaging yourself, I know from my own vast experience. Once you are in a good place mentally then:

1. document your system thoroughly and read and reread your rules several times a day
2. stick to a single entry type and get it right, focus on one entry type at a time
3. get your head in the game - visualize yourself following your rules and taking trades . A lot of people may laugh at this but if you can train your mind you will be able to it for real. You will also be less apt to take stupid trades.
4. trading is all about the singles and doubles, you very rarely get a home run. For those of you not familiar with baseball I am saying that trading is incremental and something you build on.
5. before you take a trade read your rules and check your ego at the door, be mindful of what you are doing. I know this is easier said then done but force yourself to think through your system before you impulsively click the buy/sell button
  • #76
  • Sep 24, 2014 3:49pm Sep 24, 2014 3:49pm
Quoting endroute
{quote} What you are feeling are the same feelings many of us have had at one point or another. Take a step back and a couple of deep breaths and regroup. first and foremost be happy with yourself and grateful for everything you have today if you can't get to this place you are going to have a hard time dealing with trading and more than likely life. If you are not happy with you, you will keep sabotaging yourself, I know from my own vast experience. Once you are in a good place mentally then: 1. document your system thoroughly and read and reread...
Thanks for attention
I know it all. point is it is easier to mentor others than to help myself ;-)
On my way to financial independence - if others can do it - I can do it
  • #77
  • Sep 24, 2014 4:11pm Sep 24, 2014 4:11pm
Quoting endroute
{quote} What you are feeling are the same feelings many of us have had at one point or another. Take a step back and a couple of deep breaths and regroup. first and foremost be happy with yourself and grateful for everything you have today if you can't get to this place you are going to have a hard time dealing with trading and more than likely life. If you are not happy with you, you will keep sabotaging yourself, I know from my own vast experience. Once you are in a good place mentally then: 1. document your system thoroughly and read and reread...
  • #78
  • Edited 11:36am Sep 25, 2014 7:40am | Edited 11:36am
Quoting endroute
{quote} What you are feeling are the same feelings many of us have had at one point or another. Take a step back and a couple of deep breaths and regroup. first and foremost be happy with yourself and grateful for everything you have today if you can't get to this place you are going to have a hard time dealing with trading and more than likely life. If you are not happy with you, you will keep sabotaging yourself, I know from my own vast experience. Once you are in a good place mentally then: 1. document your system thoroughly and read and reread...

I really know exactly why Iīm suscrbed to this man .

Really a wise man , thank you Endroute , you are always a big motivation .Guido
Risiko birgt immer auch die Chance.
  • #79
  • Edited 9:27am Sep 25, 2014 8:15am | Edited 9:27am
anybody else sees GJ will go north for about 200 pips?
why? look at this daily chart and red circle. I see doji that thoot up from 10 ema, then inside pin bar, then even smaller inside bar. All 3 bars are forming triangle imo and it means once it shoots up it will shoot at the lenght of the first bar which is about 200 pips and price will get at least to highs of last week. that's how I see it

EDIT: seems like I was wrong already - it wen't south to daily pivot's S1 and below, also below yestarday's low
Attached Image (click to enlarge)
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On my way to financial independence - if others can do it - I can do it
  • #80
  • Sep 25, 2014 1:01pm Sep 25, 2014 1:01pm
Quoting Eur Usd
anybody else sees GJ will go north for about 200 pips? why? look at this daily chart and red circle. I see doji that thoot up from 10 ema, then inside pin bar, then even smaller inside bar. All 3 bars are forming triangle imo and it means once it shoots up it will shoot at the lenght of the first bar which is about 200 pips and price will get at least to highs of last week. that's how I see it EDIT: seems like I was wrong already - it wen't south to daily pivot's S1 and below, also below yestarday's low {image}
my 2 cents is to look for candles that show conviction vs indecision that doji was all indecision and no conviction.
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