Been sick this week and made some bad decisions. Now watching from sidelines, off from battle.
1 year profitable trading goal
- #742
- Sep 1, 2016 3:36am Sep 1, 2016 3:36am
- Joined Feb 2009 | Status: Down to Earth! | 2,358 Posts
{quote} Yes, but you should not fool yourself. Not many can obey all the rules all the time. One mistake from time to time is ok if the recovery plan is made while trade is going against you. Of course, the easiest thing is obeying the rules, but we should be completly without emotions then. I know I am not and repeat a mistake from time to time.The problem is if mistakes are too often, so they should be reduced with expirience. Nothing else helpes here.
See there is improvement. I just open two positions right now, only two, with a proper TP and SL.
fooled by randomness in art
Meditation All Time Return:
8.9%
- #744
- Sep 1, 2016 7:32am Sep 1, 2016 7:32am
- Joined Feb 2009 | Status: Down to Earth! | 2,358 Posts
Enough for Today. A blow with -58% loss so far, with 2% a day need 29 successfully trading days in succession to recover.
Serious thing:
- 1% or 2% (risk) a day mean Sustainable.
Joke thing:
- It will take 10 light years trading to be "Millionare" with 1% or 2% a day with "small account". I think Benaiah should change this thread name with "10 light years trading profit ability". 
Good night Guys.
Serious thing:
- 1% or 2% (risk) a day mean Sustainable.
Joke thing:
- It will take 10 light years trading to be "Millionare" with 1% or 2% a day with "small account". I think Benaiah should change this thread name with "10 light years trading profit ability".
Good night Guys.
fooled by randomness in art
Meditation All Time Return:
8.9%
- #745
- Sep 1, 2016 7:36am Sep 1, 2016 7:36am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
Enough for Today. A blow with -58% loss so far, with 2% a day need 29 successfully trading days in succession to recover. Serious thing: - 1% or 2% (risk) a day mean Sustainable.
The most important is green, everything else is the matter of account size and apetites in life.
PVSRA
Enough for Today. A blow with -58% loss so far, with 2% a day need 29 successfully trading days in succession to recover. Serious thing: - 1% or 2% (risk) a day mean Sustainable.
Hey Roels Major and everybody who has problems with MM, dont try to recover your account, you have to start again, and if you made a mess, start again and again. we are like alcoholics trying to manage our emotions, if you try to reverse your red account, you are going to desperate and going to be not inspire, but if see your account in green, its different.
I did a mess too, but i didnt blow my account, just my gains. but everytime, everytime i have a big lose, its because i dindt control my emotions, i had a lose trade and i dont want that to be a lose trade, so i try to recover that trade in everyway, and thats not ok.
If you want to see if you are profitable, take a look at your trades an imagine that you used a proper mm and entries and outs, do you think you still have a loosing account or a winning account. If your system works you should be profitable. You just need to manage your emotions.
Im a Crocodile, Im a Sniper. Patience is everything.
- #747
- Sep 1, 2016 8:39am Sep 1, 2016 8:39am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} Hey Roels Major and everybody who has problems with MM, dont try to recover your account, you have to start again, and if you made a mess, start again and again. we are like alcoholics trying to manage our emotions, if you try to reverse your red account, you are going to desperate and going to be not inspire, but if see your account in green, its different. I did a mess too, but i didnt blow my account, just my gains. but everytime, everytime i have a big lose, its because i dindt control my emotions, i had a lose trade and i dont want...
Imo, he needs a step back away from trading a short while and decide he will not do this overtrading any time soon.
PVSRA
{quote} Exactly. This was the problem with my hedge AC and AU longs yesterday after GA late entry too loaded fiasco. For HFS initial EPs must not be overtraded and late in the LS entries, because then it is a bitch to recover with any strategy.BTW, great PIC about history trades/sizes. Yes, even closed greens are a bit too much together imo. Main target should...
hey Fisher, you know that im following you, and trying to lear PVSRA, english is not my first language so there are some Abbreviations that i dont understand, Can you help me. Im writing this in a word sheet so i take a look if i forget.
HTF?
HFS?
TE?
Im a Crocodile, Im a Sniper. Patience is everything.
- #749
- Sep 1, 2016 9:11am Sep 1, 2016 9:11am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} hey Fisher, you know that im following you, and trying to lear PVSRA, english is not my first language so there are some Abbreviations that i dont understand, Can you help me. Im writing this in a word sheet so i take a look if i forget. HTF? HFS? TE?
Sure.
HTF- Higher Time Frame
HFS- special method inside PVSRA called "Hold Fold Switch". There are many posts about it at the site with examples.
TE- Trade Explorer
PVSRA
- #750
- Sep 1, 2016 9:22am Sep 1, 2016 9:22am
- Joined Jul 2013 | Status: Trader | 2,059 Posts
{quote} The problem in my case is I use TE for control my month progress since last account blow up. If we restart at start of year I lose the reference. I understand why you want use same date but really this is not a race between us. At least for me
As I thought about it some more, we don't really need to change anything. We can all still try and end the year profitable, and we are still on our quest for one year profitability with individual start dates, and eventually we'll be ending each year profitable!
- #751
- Sep 1, 2016 9:27am Sep 1, 2016 9:27am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} Yea, I understand. Definitely not a competition. I just thought, since the eventual goal, once we are profitable, is going to be ending each year profitable, so it made sense in that respect. As I thought about it some more, we don't really need to change anything. We can all still try and end the year profitable, and we are still on our quest for one year profitability with individual start dates, and eventually we'll be ending each year profitable!
Well said. If green pips in the end of year, that's it- great basis for every trader as a proof he can be profitable. Nothing more needed.
All the rest is finetuning.
PVSRA
{quote}
Hey thanks, What is PA?
Im a Crocodile, Im a Sniper. Patience is everything.
- #753
- Sep 1, 2016 9:38am Sep 1, 2016 9:38am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} Hey thanks, What is PA?
PVSRA
- #754
- Sep 1, 2016 9:42am Sep 1, 2016 9:42am
- Joined Jul 2013 | Status: Trader | 2,059 Posts
{quote} PA- Price Action
- #760
- Sep 1, 2016 10:14am Sep 1, 2016 10:14am
Enough for Today. A blow with -58% loss so far, with 2% a day need 29 successfully trading days in succession to recover. Serious thing: - 1% or 2% (risk) a day mean Sustainable.
1. absolute account (primary account for this business) consist several account for several style
2. game fun account (for gambling excitement
)and the most important is "happy", without happy enjoy will never success.
the gambler
the devils apprentice Return Today:
na