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Tim's £500 marathon. Goal £1 million

  • #221
  • Mar 1, 2015 3:40am Mar 1, 2015 3:40am
@OP
I support your quest bro. One thing I have come to believe about the markets is that "the market has unlimited potential for profit or loss".
Anything is possible. If you can continue to manage your risks efficiently, the profits will come to you.
What i would say is that you refrain from answering some silly questions from doubters and 2nd guessers whose goal is to make you lose focus and fail.
Let your trade explorer do the talking. You do not owe explanation to anyone.
You are a motivation!

To your success,
henrolah
If u think u can, then u can!
  • #222
  • Mar 1, 2015 1:08pm Mar 1, 2015 1:08pm
Quoting henrolah
@OP I support your quest bro. One thing I have come to believe about the markets is that "the market has unlimited potential for profit or loss". Anything is possible. If you can continue to manage your risks efficiently, the profits will come to you. What i would say is that you refrain from answering some silly questions from doubters and 2nd guessers whose goal is to make you lose focus and fail. Let your trade explorer do the talking. You do not owe explanation to anyone. You are a motivation! To your success, henrolah
Just for the record, "let your trade explorer do the talking", all it communicates is profit, which is all fine, but does it communicate consistency? No. I am not 2nd guessing or doubting. I am just saying that labeling something consistent after one or two weeks of profit is simply wrong and very narrow minded in general. Let alone a heroic speech including the battle of blood and tears that has been fought in order to reach "succes" that, for now, includes a few weeks of profit BUT! I have high hopes for OP. His passion is there and thats whats most important..
  • #223
  • Mar 1, 2015 3:23pm Mar 1, 2015 3:23pm
i believe Consistency has two parts: The disciplined approach in executing your system and the other part, which is Consistent profits. If one focuses on the former with enough trade sample size, then you might be able to achieve the latter. Only the trader could judge himself if he has been really consistent in execution of his trading methodology or not. Sometimes in trading , you could get away with breaking some of your rules, but not for long till karma or something like that comes to bite your behind. So bro, i wouldn't know if he has been exhibiting consistency all or part of the time.
If u think u can, then u can!
  • #224
  • Mar 1, 2015 3:52pm Mar 1, 2015 3:52pm
Quoting henrolah
i believe Consistency has two parts: The disciplined approach in executing your system and the other part, which is Consistent profits. If one focuses on the former with enough trade sample size, then you might be able to achieve the latter. Only the trader could judge himself if he has been really consistent in execution of his trading methodology or not. Sometimes in trading , you could get away with breaking some of your rules, but not for long till karma or something like that comes to bite your behind. So bro, i wouldn't know if he has been...
Quoting TimTheTrader
{quote} I am a good trader not only because of the INCREDIBLE results I produce, but because I do what the the 95% of UNSUCCESSFUL traders fail to do and that is to make CONSISTENT PROFIT , REMAIN DISCIPLINED and having the right ATTITUDE to trading. {image}
But Henrolah, you did make a very fair point. I totally agree that consistency comes in many ways and we can only see a few parts of it. Tim knows what makes him succesful and perhaps its consistency within his own unique trading approach. I however think he should choose his words a little bit more carefully. Believing in oneself is excellent but he is no god whatsoever just yet.
  • #225
  • Mar 1, 2015 5:13pm Mar 1, 2015 5:13pm
I apprieciate all the criticism, keep it up.

Anyway, new month means new money. Hopefully, I can remain consistent as I did last month.

My withdrawal was successful, and I have deposited it back into my account along with some additional funds.

Account now stands at £971.93

Shall we...

Targets for this month:

60% - Good

70% - Excellent

80% and above -Tremendous
Trade smart, not hard
  • #226
  • Mar 1, 2015 5:24pm Mar 1, 2015 5:24pm
nothing is impossible lets go
we don't predict, we only ride
  • #227
  • Mar 2, 2015 4:36am Mar 2, 2015 4:36am
I find this thread very interesting,basically because it attracts winners and Gentlemen:men who can air their respective opinions without getting abusive nor taking offense,I really admire that and I think thatz the right way things shld be done. All the same,I`ll like to admonish we don`t cross lines.we owe each other respect as much as we owe ourselves,and that includes respect for others` aspirations.arguments and constructive criticisms have proven useful over the ages and they shld be welcome any where.However,care should be taken to not overuse any privileges.

Ultimately,we are here to learn from each other,share and even inspire each other.lets not start fights.

Pips to all!
  • #228
  • Mar 2, 2015 5:29am Mar 2, 2015 5:29am
The $hr MACD has shown a positive divergence and Momentum is in support of a rise,for those who aren`t long already,buying a sizable pullback might prove a bonus trade for the week.(itz only my 2 cents,you can take it for granted)
Attached Image (click to enlarge)
Click to Enlarge Name: A Long coming!.png Size: 82 KB
  • #229
  • Mar 2, 2015 9:14am Mar 2, 2015 9:14am
USD/JPY Trade. Grabbed +17 points, banked £3.60 (0.4%) . Slow day so no more trading toady.

Account: £975.53
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 19 KB
Trade smart, not hard
  • #230
  • Mar 2, 2015 11:35am Mar 2, 2015 11:35am
Hi, Tim, i see you are doing well enough in your trading. Just a thought though, if you find yourself on the right side of the news, why not just take half your position off, set stop to break even and leave the rest to run for a bit?
  • #231
  • Mar 2, 2015 11:45am Mar 2, 2015 11:45am
You mean 1.7 pips, not 17. Why do you hold it only 1 min or so? You have this kind of strategy?
  • #232
  • Mar 2, 2015 12:03pm Mar 2, 2015 12:03pm
Quoting IndigoPingvi
You mean 1.7 pips, not 17. Why do you hold it only 1 min or so? You have this kind of strategy?
No he mean 17 points, not 17 pips. Is not a strategy, is just coincidence that 90 % of his trade duration is 1 min.
  • #233
  • Mar 2, 2015 12:30pm Mar 2, 2015 12:30pm
Quoting Tim_isoara
{quote} No he mean 17 points, not 17 pips. Is not a strategy, is just coincidence that 90 % of his trade duration is 1 min.
I never heard of points, fraction of the pip is called pipette, so 17 pipetts. ...
  • #234
  • Mar 2, 2015 12:41pm Mar 2, 2015 12:41pm
Quoting TimTheTrader
USD/JPY Trade. Grabbed +17 points, banked 3.60 (0.4%) . Slow day so no more trading toady. Account: 975.53 {image}
good trade Tim..! and I see that it's news trade for sure..! Can you shed some light on.. the strategy you use? if it could help some of us in anyway? thanks...!
  • #235
  • Mar 2, 2015 1:10pm Mar 2, 2015 1:10pm
... news trading all the time, and without slippage ....
  • #236
  • Mar 2, 2015 2:28pm Mar 2, 2015 2:28pm
Quoting IndigoPingvi
{quote} I never heard of points, fraction of the pip is called pipette, so 17 pipetts. ...
I always knew them as "ticks". Not that it matters what he calls them. Anyone can see what pip he is making from the charts and his journal.
  • #237
  • Mar 2, 2015 2:37pm Mar 2, 2015 2:37pm
Quoting mvp77
... news trading all the time, and without slippage ....
How can you see the slippage, from Tim trades?
You see open and close.
  • #238
  • Mar 2, 2015 2:44pm Mar 2, 2015 2:44pm
Okay, since everyone likes to ask, I share with you my secret, the holy grail of trading...Use at your own risk
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Trade smart, not hard
  • #239
  • Mar 2, 2015 2:53pm Mar 2, 2015 2:53pm
Quoting TimTheTrader
Okay, since everyone likes to ask, I share with you my secret, the holy grail of trading...Use at your own risk {image}
Can you list the indicators you use?
Up and coming champion Pip collector.
  • #240
  • Mar 2, 2015 3:41pm Mar 2, 2015 3:41pm
Quoting TimTheTrader
Okay, since everyone likes to ask, I share with you my secret, the holy grail of trading...Use at your own risk {image}

lol

you don't probably don't use indicators at all.
ReAl MoDe: ON
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