As simple as possible: 00 level trading

Q, I am bloody impressed... you have clearly the mental part under control !!!

very good... rinse and repeat

Udine

thanx Udine , but ive a way to go. only SMALL contracts yet PS I recommend people use "real a.c"with the SMALLEST possible unit to start with
I mentor a couple who I have great difficulty convincing if they cant manage the mental anguish of losing SMALL the losing big will crush them

Same for me ... and it's frustrating. That's why trading more than the standatd 4 pairs we'd need a dashboard like the one told by Jibala that gives signal for pair-level-direction all in one, so that you don't need to loop through charts. But there would be a very good programmer to implement such a tool. And also if there was one, i doubt that after an big effort he/she will give it away...

I might add that that from the very first day I knew IF I settled for 2>5 pts then it was easy pickings ,,, the greedy mind always said "just a few more" YOUR idea of set TP is what makes this a winning stratergy, takes the greed out of the equation , once you are proficient there is nothing to stop you loading as many pending orders as you want WITH the trend AND being on the ball as to when to cancell or close them , IMO
cheers Q

BB START with 2 or 4 PAIRS ... if the trades arnt there REALX wait , they will come ,, this will also teach you PATIENCE

HERES a good analogy... when you are playing solitaire on the pc ...HOW many of you play the first game ????? I click on "new game " untill I get at least 2 aces b4 fore I play ... so I may click on 10 or more "new games before I click "PLAY" purely because I know if I dont have 2 Aces to start I wi dont have much chance of winning going out now to look at the "blood moon" whereby sun/earth/moon are all in direct line with suns rays bouncing off the earth and turning moon blood red

this is only available in sthern Aust and it will happen once more this year but it will be during daylight hours so will not be visible ..it will not happen again like this till the year 2032. its 9.20 pm here in australia daylight saving time and the moon is 1/2 covered by earths shadow

that is why I always say it is vital to have the PDF & BCC before going live, because the mental part of live trading, gives a lot of stress and you need to "know"that during demo you did good and you should be fine trading live as well, because you know the system AND you CAN DO IT ...

Udine

I got burnt and for 12 months I could NOT even press the trigger in "demo" for fear of losing ......it wasnt untill I said "OK Im prpeared to lose this amount of $$ in real a/c BUT I WANT TO WIN .. so even 1 pt win will start me on the way , which it did ..he he its back to looking at the moon , I may even talk to it see if helps ....(crazy barstard)

thats why the mirror is the most important part of trading....

Udine

The Man In The Mirror
When you get all you want and you struggle for pelf,
and the world makes you king for a day,
then go to the mirror and look at yourself
and see what that man has to say.
For it isn’t your mother, your father or wife
whose judgment upon you must pass,
but the man, whose verdict counts most in your life
is the one staring back from the glass.
He’s the fellow to please,
never mind all the rest.
For he’s with you right to the end,
and you’ve passed your most difficult test
if the man in the glass is your friend.
You may be like Jack Horner and “chisel” a plum,
And think you’re a wonderful guy,
But the man in the glass says you’re only a bum
If you can’t look him straight in the eye.
You can fool the whole world,
down the highway of years,
and take pats on the back as you pass.
But your final reward will be heartache and tears
if you’ve cheated the man in the glass.
- Dale Wimbrow, 1934
The Man In The Mirror
When you get all you want and you struggle for pelf,
and the world makes you king for a day,
then go to the mirror and look at yourself
and see what that man has to say.
For it isn’t your mother, your father or wife
whose judgment upon you must pass,
but the man, whose verdict counts most in your life
is the one staring back from the glass.
He’s the fellow to please,
never mind all the rest.
For he’s with you right to the end,
and you’ve passed your most difficult test
if the man in the glass is your friend.
You may be like Jack Horner and “chisel” a plum,
And think you’re a wonderful guy,
But the man in the glass says you’re only a bum
If you can’t look him straight in the eye.
You can fool the whole world,
down the highway of years,
and take pats on the back as you pass.
But your final reward will be heartache and tears
if you’ve cheated the man in the glass.
- Dale Wimbrow, 1934

better do a trade to sparkt he room up ... AUDUSD pending sell stop .87800 TP .87750

thank you Udine #1 for the day AUDUSD >TP

why did I jump on that ... perfect pin bar reversal 90%chance of winning

Hi guys!
Maybe someone can give me an advice - how we can recognize days like that with very low volatility. I have 4 loser unfortunately.
Thanks in andvance.

well done

Udine

if you know how to drag ur trades onto your chart do so and post charts ,, we cannot see where or why you went wrong

Before I had your sweetspots Udine I would have procastinated and thought about that trade .. I hope it gives people the idea of how to ACT