Search results

You don't know where high is, you should break your position up into seperate lots and average into a trend

can I come?

??? Keep going I'm enjoying your journal

And for the record I don't think your a moron either.

Fear comes from not understanding the ways in which you can deal with a bad trade, once you understand the different options available to you when your in the trade your confidence is higher and you fear lessened

Ok help this idiot out and point me to the part that manages the actual trade. The whole method is about the prediction of price movement and not the trade management as far as I can see. my last few months of trading forex has been mainly position management. instead of thinking you know...

I noticed also that you don't like anyone challenging you, perhaps of fear to be made out not as clever as you and your followers think you are

Like I said, nothing in there about managing your position. It just says buy here and sell here you have gone of in one direction with your trading and focus on your entry and exit only which is very 2 dimensional and flat way of looking at trading.

Ok well instead of making personal attacks on me, prove me wrong and tell me how you manage the trade. what's your initial position size? How do you manage the trade? Stop losses, scaling in, averaging in, hedging? Trailing stops? Tell us about trade management of your method and then maybe...

I've never seen such a fuss about nothing. look, say what you want about me I'm happy with what I'm doing so stop trying to make this about me great you can all draw trend lines and retracements within trends and fibb extensions and so on and so forth, move on and get a life, unless you can...

That's a really nice story and I shall take that on board immediately and start drawing lines all over the place :D

I wouldn't boast about blowing another man's trumpet mate

I have a quarter of my account that AUD will be stronger by a good amount than the YEN in a few weeks

Is it to blow your own trumpet?

Looks like quite a nice trade actually, doesn't matter that it kept going up, I only take a bit and get out of my trades and don't care what it does afterwards. I can't take trades unless the longer term trend in going my way, its hard to get out of a bad position when the trend is against you

What is this combine crap anyway! Im going to have a go, I'd show them a thing or two

It does or it doesn't??

Stops can be useful for some situations, but not the way your using them to try and protect yourself

And yes I was around for all that, thats why I have more effective ways of protecting against massive market collapse

Direct Hedge your position if your scared of losing money