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Are you a full Time Trader Or Part Time? 32 replies
Trading Career Advice - Working Full-Time and Trading 19 replies
A switch: from part time trading to full time trading 8 replies
Dear Full time/Part time Traders – Thanks for your time and help 7 replies
Disliked{quote} Hi Since you entered on the 15M TF what TF did you use for the stochastics to determine the momentum?Ignored
DislikedI personally do not trade with Stochastics (same holds true for MACD, RSI etc etc) at all! me neither.Ignored
DislikedHere is a short that's progressing very nicely.... GA [M30; BB] {image} Am expecting a slight bounce back up though due to chart structure mainly so might be closed out early. Lets see! Masterrmind...........Ignored
Disliked{quote} GA {image} Almost to TP. Will look to close it out soon as its near the DO line. My TP is actually just above the hidden Daily Pivot Point for those wondering why its under the open of the day level. Masterrmind...........Ignored
Dislikedhmm, i think i should try these bollinger bands out, the middle band seems like some sort of dynamic resistance.. Btw, Mastermind, Does ADR stand for Average daily range? how do you use it if i may ask?Ignored
DislikedAh, thanks for the explanation. I'm very aware that price has a mind of its own, all we can do is do our part and wait for it to show us its hand..Ignored
Disliked{quote} 5, ever held trades for more than 2 days? your SL look pretty wide, do you cut a losing trade sometimes before it hits the stop?Ignored
DislikedEURGBP shorts. I sold one half position at 8684 in EURGBP. I will probably sell more if it goes to .8720is area.Ignored
DislikedSome folks have asked me about positioning of my stop losses. I calculate ATR for each pair on the H1 time frame and then multiply by3. Thats how i calculate my stop loss as well as how many $ (% risk) I want to risk. Honestly though, I always have a mental stop loss. Once I put on a trade, it becomes real, and if it does not behave as I think it should, I have no shame in cutting my losses. You would not leave your babies unattended, would you? So I try and watch it as much as possible except when I sleep at night. I let the stops do their job....Ignored