Gotta' get some sleep - but here's one to be going on with...
Trading is as simple as 1-2-3
- #2,482
- Mar 2, 2017 7:49am Mar 2, 2017 7:49am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Went long this past hour EG +6 profit locked.
- #2,483
- Mar 2, 2017 8:19am Mar 2, 2017 8:19am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Gotta' get some sleep - but here's one to be going on with... {image}
(Having checked - it seems I did in fact download the screenshot of this in-running, then didn't actually post it...man, I was tired, lol).
- #2,484
- Mar 2, 2017 9:00am Mar 2, 2017 9:00am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} EJ from last night (I thought I'd posted up an in-running before I finally crashed - guess not). Well, still going, albeit more Eastward than Southbound at the moment. Using Hal's Patented Trade Management, I'm sitting with +10 locked in for now. {image} (Having checked - it seems I did in fact download the screenshot of this in-running, then didn't actually post it...man, I was tired, lol).
- #2,485
- Mar 2, 2017 12:18pm Mar 2, 2017 12:18pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} It can get that way...lol , patent is pending. I think one of the rules is that is no sleeping.
Inserted Video
- #2,486
- Mar 2, 2017 12:46pm Mar 2, 2017 12:46pm
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #2,487
- Mar 2, 2017 2:02pm Mar 2, 2017 2:02pm
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #2,488
- Mar 2, 2017 7:06pm Mar 2, 2017 7:06pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
This could go either way but still worth keeping an eye on...
Another that, when you look at higher tf, shows it could go either direction but worth watching.
I'm not going to be playing these through another all-nighter, so I'll leave them to you to decide whether they are worthwhile or not. Have fun, y'all
.
Another that, when you look at higher tf, shows it could go either direction but worth watching.
I'm not going to be playing these through another all-nighter, so I'll leave them to you to decide whether they are worthwhile or not. Have fun, y'all
.
- #2,489
- Mar 2, 2017 8:21pm Mar 2, 2017 8:21pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
May be able to nick a small something here...
- #2,490
- Mar 3, 2017 3:16am Mar 3, 2017 3:16am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long the GU profit locked +5.
- #2,491
- Mar 3, 2017 3:38am Mar 3, 2017 3:38am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long AU profit locked +5.
- #2,493
- Mar 3, 2017 8:23am Mar 3, 2017 8:23am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #2,495
- Mar 3, 2017 11:14am Mar 3, 2017 11:14am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #2,496
- Mar 3, 2017 12:44pm Mar 3, 2017 12:44pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Good to see you rock this week, once again! Trading isolated from the world I noted those issues... 1. I'm too fast on the close button. Most likely due to the fact that I trade with more than I should. My solution was to make custom Buy/Sell buttons to take care of the risk. It seems to have helped. 2. I also have difficulties on leaving the trade open when it's at +5. I want to close it now and secure that. At the same time I think letting part of the trade open is probably key to long term success. That's where I'm at. Any comments are...
I do feel that you are on exactly the right track, as your identified concerns are ones I have had myself in the past, so I identify with your struggles with this. Even now, when I thought I was pretty settled on how to run these trades, it did not (and will not) stop me from keeping my mind open to other ways of doing things. As such, I pretty much use Hal's 'Close 80% at +5' technique now.
I haven't kept scientifically robust stats but I can tell you that from my rough figures, this has been working very, very, well for me. It is particularly well-suited to 1-2-3 (and HOLO) as a method of trade-management, taking care of the issues of keeping what you've made at the most-likely profit point, while giving you the chance of still bagging the long-runners that come after that initial move has turned for a while as price ''breathes'' during a move. Psychologically, this is huge.
Well done in your efforts
- #2,497
- Mar 3, 2017 12:48pm Mar 3, 2017 12:48pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{image}
- #2,498
- Mar 3, 2017 1:22pm Mar 3, 2017 1:22pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
I use the GN in other methods but have never really paid attention to its 1-2-3 potential. I think I'll be adding it to my watch-list .
It does need a bit of careful handling, as to be frank, it's bonkers, lol. When it moves, it moves fast. You may find the spread is often too high as well, if you have a broker who is that way inclined. However, the way it moves makes it worth the hassle.
. It does need a bit of careful handling, as to be frank, it's bonkers, lol. When it moves, it moves fast. You may find the spread is often too high as well, if you have a broker who is that way inclined. However, the way it moves makes it worth the hassle.
- #2,499
- Mar 6, 2017 3:36am Mar 6, 2017 3:36am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short the EU, +10 profit locked.
