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Trading is this Simple? Finally Explained simple and clearly! 46 replies

More easy is impossible 17 replies

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SIMPLE EA for a simple method needed!! 1 reply

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More simple is impossible

Quoting des_b
{quote} Dee great trading once again, gives me some hope !!! Going to hang around and see if that damn gap gets filled !!! Cheers...Des
Will depend on NFP, a good one is likely to send the American indexes down because the rate increase becomes more likely and DAX will follow, at least in part, but, I am not sure that the gap will get filled today. No technical reason just a feeling. So you have until NFP, watch a movie until then.
Cut your Losers short and let your Winners run.
GER30 +21. Just because I can.
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Cut your Losers short and let your Winners run.
Subscribed ! Very interesting !

Thank you to Dee50 and all for your contribs.
GER30 +55+20. NFP. I got a bit impatient and jumped the gun on the first trade, I was lucky, the gap down on the news meant I could quickly move to BE and cover my ass. I just kept an eye on the DOW, movement was little erratic to start, I would say that no one was sure how to react but once some one led the way the others followed. About 1.5 mins before the announcement there was a little blip in the DOW that was the ones who get the news earlier than us mere mortals, that contributed to my early entry. Early weekend for me so I will leave the pips on the table for the rest of you, I am sure one of you will hoover them up before the others can get to them, you know who I mean!
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Cut your Losers short and let your Winners run.
Quoting dee50
{quote} Will depend on NFP, a good one is likely to send the American indexes down because the rate increase becomes more likely and DAX will follow, at least in part, but, I am not sure that the gap will get filled today. No technical reason just a feeling. So you have until NFP, watch a movie until then.
What a load of bollocks. The indexes did go down, but not because NFP was a good one, go figure??

"Trade what you see not what you think" I am a very opinionated person so that is one credo that stays at the fore front of my mind, I also have it pinned on the wall just above the monitor just to be sure.
Cut your Losers short and let your Winners run.
Quoting dee50
{quote} What a load of bollocks. The indexes did go down, but not because NFP was a good one, go figure?? "Trade what you see not what you think" I am a very opinionated person so that is one credo that stays at the fore front of my mind, I also have it pinned on the wall just above the monitor just to be sure.
Wise Advice, if only I followed it more often !!
[quote=dee50;9936955 I will leave the pips on the table for the rest of you, I am sure one of you will hoover them up before the others can get to them, you know who I mean! [/quote]

I took the stick and :
-1,-1(I wasn't lucky.They catch my BE and fell down ) ,8,8,16,-4,0(fuck!!!my Achilles,I let the profitable trade convert in BE),18
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  • Post #9,028
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  • Edited Jun 3, 2017 2:10am Jun 2, 2017 3:09pm | Edited Jun 3, 2017 2:10am
Quoting dee50
{quote} What a load of bollocks. The indexes did go down, but not because NFP was a good one, go figure?? "Trade what you see not what you think" I am a very opinionated person so that is one credo that stays at the fore front of my mind, I also have it pinned on the wall just above the monitor just to be sure.
Lol. Funny thing is that I have exactly the same thing on my wall along with "Is the entry justified?" and "Do the indicators agree?". If people saw all this, i am sure i would be taken away by the men in the white. XD Great trades Dee, as always.
Best, Josh
EU+18+30. Doesnt matter what we trade, the PA Patterns that we use work!! You just have to remember Different instrument Different Range.
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Cut your Losers short and let your Winners run.
Quoting dee50
Is that Rubles? I dont know why but I thought you would keep track in Es.
Nope. Seriously. You never count your money, when you're sitting at the table, there'll be time enough for countin', when the dealin's done.

Inserted Video


(Here's a bit of meta game for you: why would you listen to absolutely sound, sensible advice from some stranger on a train who needs to bum a smoke from you?)

It's part of the hugely, ridiculously overrated psych aspect of trading. Think of your bankroll as a resource, not as money. Measure your wins and losses against this resource, not as "oh my god, I could have bought a car / can of beans for that" or "oh my god, I'm going to buy a car / can of beans for that". It's not helpful, nobody gives a fuck, and you can't make good decisions when you're pissing yourself about money.

I need to go, my spareribs are done.
Quoting Broke
{quote} Nope. Seriously. You never count your money, when you're sitting at the table, there'll be time enough for countin', when the dealin's done. https://www.youtube.com/watch?v=MN1AtzLrW4Y (Here's a bit of meta game for you: why would you listen to absolutely sound, sensible advice from some stranger on a train who needs to bum a smoke from you?) It's part of the hugely, ridiculously overrated psych aspect of trading. Think of your bankroll as a resource, not as money. Measure your wins and losses against this resource, not as "oh...
It's part of the hugely, ridiculously overrated psych aspect of trading. No disrespect intended here, but have you noticed that all the books written on this have been written by Americans, a country with more Therapists per head (pun intended) than any other country in the world.
Even I fell for it, I changed the Profit indicator on my Trading Terminal to show only pips not Euros, what a laff, I have a Euro based account trading a Euro based instrument valued at 1€ per Pip, but I am happy because I am focusing on the pips not the euros
Cut your Losers short and let your Winners run.
+ 66 + 46 +44 +43

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GER30 +1+10+44+35. I have incorporated the 4-7-8 Breathing Method into my trading, I no longer have to go and see my Therapist prior to entering every trade, which means I have more time to make coffee, the downside of that is that I am so fired up with caffeine that I am panting like a person about to give birth prior to each trade and I need to Pee more often, the upside of that is that if I sit down to Pee I can do my 4-7-8 Breathing Exercise which relaxes me sufficiently to take a trade, the downside of that is that by the time I have done that I have missed the trade entry and am now experiencing FOMO which is causing me to take ill informed and badly planned trades.
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Cut your Losers short and let your Winners run.
Quoting dee50
GER30 +21. Just because I can. {image}
yuck (your charts)
Time hides Nothing
Just for fun. Trade Naked! You don´t actually need candles to trade just a couple of squiggly lines.
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Cut your Losers short and let your Winners run.
Quoting dee50
GER30 +1+10+44+35. I have incorporated the 4-7-8 Breathing Method into my trading, I no longer have to go and see my Therapist prior to entering every trade, which means I have more time to make coffee, the downside of that is that I am so fired up with caffeine that I am panting like a person about to give birth prior to each trade and I need to Pee more often, the upside of that is that if I sit down to Pee I can do my 4-7-8 Breathing Exercise which relaxes me sufficiently to take a trade, the downside of that is that by the time I have done that...
JUST VAPE
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Quoting Divergence
{quote} JUST VAPE {image}
What!! and miss out on that caffeine high!!
Cut your Losers short and let your Winners run.
COVFEFE. This was perhaps not a typing error by Trump. Trump’s ‘Covfefe’ Tweet Was Actually a Commonly Searched Word on Pornhub | Complex UK
Cut your Losers short and let your Winners run.
GER30 +3+2+27+22. Make of it what you will. PA is erratic. It is a bit like closing your eyes and hoping for the best, even scalping is difficult, I have resisted the urge to change down to a 3 pip chart and fast scalp, that would look like two rabbits fornicating In Out In Out In Out, say it as fast as you can and you have the idea.
There see what I mean I just did 3 trades each for 3 pips took about 12 seconds each.
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Cut your Losers short and let your Winners run.
Lucky, what it was...I did not set BE+5 for the first position.
I was ready to load up for second entry, though...

entry with my eyes looking at renko10 @weekly pivot S1 and BRN

more than 20pips gain for both position ))

This is made possible by looking all of your charts...day in, day out...

Thank you to all of you for making me a better trader.

I think, after all this time, it's starting to click in and I'm finally getting it.
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