Any short-term tick / 10 sec scalpers??? | Page 36 | Forex Factory

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Any short-term tick / 10 sec scalpers???

  • #701
  • Dec 7, 2015 8:11am Dec 7, 2015 8:11am
are you still in those trades Billy?
  • #702
  • Dec 7, 2015 8:12am Dec 7, 2015 8:12am
It seems that yellow support made its job well. We'll see ...
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  • #703
  • Dec 7, 2015 8:13am Dec 7, 2015 8:13am
Quoting tradeforlife
are you still in those trades Billy?
Absolutely in!
  • #704
  • Dec 7, 2015 8:14am Dec 7, 2015 8:14am
it is going up now as far as my understanding
  • #705
  • Dec 7, 2015 8:17am Dec 7, 2015 8:17am
Quoting tradeforlife
it is going up now as far as my understanding
Just it was in +60, but in this trade I'm waiting for the big game (or big loss).
Really fine patience game!
  • #706
  • Dec 7, 2015 8:40am Dec 7, 2015 8:40am
I have to go now, but let it run .. my goal has not changed.
  • #707
  • Dec 7, 2015 10:04am Dec 7, 2015 10:04am
Do you remember?
Well, I'm out with -260 pips (although, it was at +260 pips.) My MT4 is OFF now.
You say: Billy, you are stupid. I do ask, why?! This trade had Risk/Reward ~ 1:3. I went for +700 pips. My risk was 3.3%.
So, I think this trade was ready. Am I glad now? Of course, not really. And?! The Show Must Go On!

What's next?
Nothing special. I will turn on my MT4 soon (I think, even today), and make my new trades. You are welcome, as always.

(But, to be honest: since I got a lesson, I will override my tactics regarding to my profit goal. I will maximize my profit goal at about 200-250 pips in one trade. 700 pips seem a bit much.)
  • #708
  • Dec 7, 2015 10:48am Dec 7, 2015 10:48am
you've had 1 losing day since september.


you made 2000 pip in a week, lost 10% of that today... really nothing to worry about..


I read your post this afternoon, i took 14 pips profit (my ideal daily target), but the i said to myself "billy is usually right, more right than me anyhow" let me re enter this eurusd short and average down (which i seldom do), this traDE SHOULD BE BIG afterall, looking negative correlation of dax and eurusd (I never looked at it, until today).

Billy was long Dax and I was short EURUSD.

any how 30 pips down, scratching my head, closed positions 14: 59 GMT and thought "I better trade my system!". Doubled down down Long 1.0822 SL 1.0815, the pip GOD saved me, I will never betray thee...
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.4%
  • #709
  • Dec 7, 2015 10:50am Dec 7, 2015 10:50am
My MT4 is ON, again.
  • #710
  • Dec 7, 2015 10:52am Dec 7, 2015 10:52am
Quoting Billy888
Do you remember? Well, I'm out with -260 pips (although, it was at +260 pips.) My MT4 is OFF now. You say: Billy, you are stupid. I do ask, why?! This trade had Risk/Reward ~ 1:3. I went for +700 pips. My risk was 3.3%. So, I think this trade was ready. Am I glad now? Of course, not really. And?! The Show Must Go On! What's next? Nothing special. I will turn on my MT4 soon (I think, even today), and make my new trades. You are welcome, as always. (But, to be honest: since...
I guess nobody will say that you are stupid but to be honest, a +260 Pip trade should never end negative! I went short for some quick Pip on that level you pointed out. Hence, take it easy.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #711
  • Dec 7, 2015 11:01am Dec 7, 2015 11:01am
Quoting Billy888
Do you remember? Well, I'm out with -260 pips (although, it was at +260 pips.) My MT4 is OFF now. You say: Billy, you are stupid. I do ask, why?! This trade had Risk/Reward ~ 1:3. I went for +700 pips. My risk was 3.3%. So, I think this trade was ready. Am I glad now? Of course, not really. And?! The Show Must Go On! What's next? Nothing special. I will turn on my MT4 soon (I think, even today), and make my new trades. You are welcome, as always. (But, to be honest: since...
Billy, be cool as this sometimes happens and that is part of the game but you will recover this within short amount of time . My understanding is it is better to increase lot size and aim higher profit than looking for more pips with respect to dax as it moves both ways in same amount of pips.
  • #712
  • Dec 7, 2015 11:06am Dec 7, 2015 11:06am
Guys, it wasn't a "usual" trade of me. You could see, my target used to be from some 20-30 to 100 pips.
But, I was like, that I may risk it (3,3%) for the sake of a really BIG winner. Lost. Not a big deal. I repeat: 3,3%.
See the next one ...
  • #713
  • Dec 7, 2015 11:38am Dec 7, 2015 11:38am
OK guys, life must go on.
Usual DAX trade again. +56 pips.
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  • #714
  • Dec 7, 2015 3:44pm Dec 7, 2015 3:44pm
Well done Billy. We all want to see you succeed as you are, whether you like it or not, our mentor

We have a saying in our house when we are trading : 'What would Billy do.........?'

Don't chase it back to fast

Max
Gravity goes both ways in forex...
  • #715
  • Dec 7, 2015 4:31pm Dec 7, 2015 4:31pm
Quoting max pips
Well done Billy. We all want to see you succeed as you are, whether you like it or not, our mentor We have a saying in our house when we are trading : 'What would Billy do.........?' Don't chase it back to fast Max
Kind words Max, thank you!
No drama. My weekly goal is about +1000 pips (currently I'm at -120).
  • #716
  • Dec 7, 2015 4:40pm Dec 7, 2015 4:40pm
I really do like reading your posts Billy. Besides the results you get, one thing that comes through even in written words is your confidence level in how you trade. Most people who post here (at FF) are looking for outside confirmation that the choice they made is correct. You don't need that. Many miss that point. For you trading is as easy as 1,2,3. Do this, wait for that, enter the trade. Next! LOL!

I have never been much of a support and resistance trader but watching your trades allows me to try and find a way to adapt it to my trading style.
  • #717
  • Dec 7, 2015 4:58pm Dec 7, 2015 4:58pm
Quoting magnumfreak
I really do like reading your posts Billy. Besides the results you get, one thing that comes through even in written words is your confidence level in how you trade. Most people who post here (at FF) are looking for outside confirmation that the choice they made is correct. You don't need that. Many miss that point. For you trading is as easy as 1,2,3. Do this, wait for that, enter the trade. Next! LOL! I have never been much of a support and resistance trader but watching your trades allows me to try and find a way to adapt it to my trading style....
Hi Magnum, your point is absolutely right. Without (healthy) confidence trading is only a gambling. Without confidence a trader always changes his/her method.
The good trading is extremely boring. The good trading is mechanical. I want to be bored during trading. Now I'm even a little excited. I want to be totally mechanical.
The price can not do anything else, just goes up and down between supports and resistances. Break outs and rebounds constantly. Nothing else. This is not complicated.
  • #718
  • Dec 8, 2015 1:24am Dec 8, 2015 1:24am
Quoting Billy888
{quote} Hi Magnum, your point is absolutely right. Without (healthy) confidence trading is only a gambling. Without confidence a trader always changes his/her method. The good trading is extremely boring. The good trading is mechanical. I want to be bored during trading. Now I'm even a little excited. I want to be totally mechanical. The price can not do anything else, just goes up and down between supports and resistances. Break outs and rebounds constantly. Nothing else. This is not complicated.
  • #719
  • Dec 8, 2015 3:22am Dec 8, 2015 3:22am
Morning guys, DAX trade again. +120 pips.
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  • #720
  • Dec 8, 2015 3:31am Dec 8, 2015 3:31am
Quick +12 pips.
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