{quote} I lost my money!!!!
.My first trade was also negative on UJ (-140$) 6 years ago but i'm still trading.Never give up 
Trade with 60
- #62,662
- Nov 6, 2015 8:25am Nov 6, 2015 8:25am
- Joined Jul 2013 | Status: Trader | 1,045 Posts
{quote} Catalin, I want to congratulate all of the "big" winnersYea... For those of us who go into the employment news kinda chicken this was a great strategy
I am quite happy with 100-200 pips a week.Please check your messsages, because I sent you one about a way to have no restrictions when posting on FF.
- #62,666
- Nov 6, 2015 8:43am Nov 6, 2015 8:43am
- Joined Jul 2013 | Status: Trader | 1,045 Posts
{quote} thank you , but is too late .. i have lost all my money in account. Maybe i'll try again nex year
First of all, keep in mind that there are people blowing accounts of tens of thousands of dollars, not 500. So you can get over it.
Keep in mind that you risked everything in hope of a "get rich quick" method, if that can be called method. You can only risk a certain percentage of your account in one trade. Other traders have a certain percentage per day as their established risk. Haven't you paid any attention to what the more experienced traders have been talking about? Risk only 1%, and you will be fine, with a strategy that you master and you backtested and used on demo for a long time. Then and only then you will be successful. Money management was not invented by stupid people, it is the bible of real traders.
Take my example: I am still on demo with TMS. I plan on going live with it soon. But not yet. I do not feel 100% confident. I have a lot more to learn from my own mistakes. All my TMS trades are taken exactly as I would take them on live account. There is no difference. And they are managed the same way. I act the same. The only difference is emotions. But I will have none on live account, since I plan to follow my rules the exact same way I do it now.
Perhaps you should do it, too. Open a demo account, and start reading this thread, start taking trades following the rules, and post both your winners and your losers here, so that all these wonderful experienced traders can guide you. You will be successful, if you have patience.
Chin up and let's learn together how to become better traders!
I have traded demo accounts for about a year now of which about 3 to 4 months really with TMS system in mind. I am by no means ready to trade on a live account and I take no shame in it. Oh I did lose €100 on Plus500 after going to €600 in 2 weeks only to blow it again in the third week. 
That was awful trading. Can't even call that trading.
Remember Emmanuel's advice: Give yourself 3 years to learn and understand forex trading.
Good weekend all,
That was awful trading. Can't even call that trading.Remember Emmanuel's advice: Give yourself 3 years to learn and understand forex trading.
Good weekend all,
- #62,672
- Nov 6, 2015 10:36am Nov 6, 2015 10:36am
{quote} Sellers were stronger than Buyers ! If the censuses would be as predicted, has no reverse and continue it's down trend to 1082 I think . myself have no trade on gold and E/U {image}
Both of important censuses were obviously better than predicted for US and USD index and you see how price react on gold, E/U and other USD pairs.
- #62,674
- Nov 6, 2015 7:09pm Nov 6, 2015 7:09pm
- Joined Nov 2008 | Status: Trader | 50,185 Posts
{quote} XAUUSD update 6 Nov The previous Day did close below 1105 and the price bar is smaller range. Below 1105 looks like empty space to fall further to 1081, but look further back it was congested region before. So we must look at it day by day to see the size of the day candles (both real price bar and the APB) . If the APB start showing upper wicks, pay attention to your stops above. With your stops are trailing using 2-days look back, it will get tighter when price momentum drops and profit taking will cause some correction. {image}
what a great drop into empty space with NFP favor the USD as in all other currency pairs.
Next week should catch this momentum with trailing stops above 5Nov high (2-day Candles Look Back rule) with target 1081.3.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #62,675
- Nov 6, 2015 7:47pm Nov 6, 2015 7:47pm
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #62,676
- Nov 6, 2015 7:54pm Nov 6, 2015 7:54pm
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #62,677
- Nov 6, 2015 8:01pm Nov 6, 2015 8:01pm
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #62,680
- Nov 6, 2015 8:58pm Nov 6, 2015 8:58pm
- Joined Nov 2008 | Status: Trader | 50,185 Posts
{quote} Hi Emmanuel, Just i am not ablate to understand your 2nd trade entry on 5th blue candle instead of 2nd or 3rd candle. PA closed above 10 EMA in First blue TDI also crossed, in my view every thing was ok to enter at start of 3rd candle. but you entered on 5th...... May be you was waiting for some confirmation or any reason which ......, We want to learn from your experience. Thanks MK
Hi,
5th H1 APB candle is the 2nd H4 candle.... do you see that?
On H1, look at the TOK_5H high-low range
On H4, that was entry during the APB#2, a BUOB bullish outside bar breakout.
this is an example of a A+++ setup.
And I said we can trade H4 using a H1 chart all day and no worries about different broker server time showing different H4 candles, etc.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett