In trading, you have to be defensive and aggressive at the same time
- #8,482
- Apr 12, 2017 10:37am Apr 12, 2017 10:37am
Today mixed up,
got out of UJ, better be out of it because of the actual situation. -300 pips
But got the better out of UC with +1100 pips. Looking to reload on this pair as it's still bearish and Oil is doing well.
got out of UJ, better be out of it because of the actual situation. -300 pips
But got the better out of UC with +1100 pips. Looking to reload on this pair as it's still bearish and Oil is doing well.
"Letting losses run is the most serious mistake made by most investors."W.O
- #8,483
- Apr 12, 2017 10:47am Apr 12, 2017 10:47am
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
{quote} I don't use traditional hard stops.I trade totally different then most traders.I use real actual $$ for stops and not pips. This is from my trading plan STOP LOSS 1 Decide how much each swing is worth example $500 2. Divide $500 into mini lots for multiple entries example .50c a pip gives 1000 pip distance 3. This allows averaging in orders as seen fit irregardless if previous orders are in red 4. Orders are placed as long as reason for trade is still valid 5. If conditions change loss is taken since orders are not all placed all at once...
Thanks for the reply Davit, sort of get it but would need to get my head around the lot sizes etc before i could do it, but i does make sense as you dont have to close the whole trade, can anyone tell me where i can get the Indis please and a good place to start reading the thread about Pivot trading ? i get the pivot i think - at a guess you enter long when pivot reached and tdi crossed ? dont know what the R indi is ? is it retrace ? thanks everyone in advance dont want to keep asking questions will read the whole thread from start to finish if i need to
- #8,486
- Apr 12, 2017 11:02am Apr 12, 2017 11:02am
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
{quote} , Thanks for the reply Davit, sort of get it but would need to get my head around the lot sizes etc before i could do it, but i does make sense as you dont have to close the whole trade, can anyone tell me where i can get the Indis please and a good place to start reading the thread about Pivot trading ? i get the pivot i think - at a guess you enter long when pivot reached and tdi crossed ? dont know what the R indi is ? is it retrace ? thanks everyone in advance dont want to keep asking questions will read the whole thread from start to...
- #8,493
- Apr 12, 2017 8:59pm Apr 12, 2017 8:59pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
closed NU +517 pips
this was sweet.Chart I posted and basically shared I was building longs
this was sweet.Chart I posted and basically shared I was building longs
In trading, you have to be defensive and aggressive at the same time
- #8,494
- Apr 12, 2017 9:03pm Apr 12, 2017 9:03pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #8,495
- Apr 12, 2017 9:06pm Apr 12, 2017 9:06pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Glad i got out of UJ. NU quick profit and out. +150 Pips {image}
good job
In trading, you have to be defensive and aggressive at the same time
- #8,496
- Apr 12, 2017 9:13pm Apr 12, 2017 9:13pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #8,497
- Apr 12, 2017 9:17pm Apr 12, 2017 9:17pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
account comfortably up 6.3% gain since 1st of this month.Took bunch of small losses and still looking great.
2 more weeks to finish this
2 more weeks to finish this
In trading, you have to be defensive and aggressive at the same time
account comfortably up 6.3% gain since 1st of this month.Took bunch of small losses and still looking great. 2 more weeks to finish this
Like staircase Davit 
I know one thing, that I know nothing - Socrates
- #8,499
- Apr 12, 2017 9:39pm Apr 12, 2017 9:39pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Amazing
Just must believe what you are doing works! Your brain mind will take care of rest.Its about time EU break 7 could be by the end of week
In trading, you have to be defensive and aggressive at the same time
- #8,500
- Apr 12, 2017 9:42pm Apr 12, 2017 9:42pm
closed NU +517 pips