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Young Trader need advice and mentor(if possible)
you may follow my journal but only the recent trades from last day on wards because i have solved some basic issues and now i am trading not guessing i have not disclosed my strategy but i do give some useful tips from time to time. Why have i not disclosed my strategy? there is no secret but...- padutrader
- Post #44
- Forum: Trading
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tradergod at work
increased my target to where the bears have their stops-because the market has consolidated for so long it is likely to go up, further. if there was a fast move towards my target i would not have waited you have to wait for all good things:D- padutrader
- Post #119
- Forum: Journals
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Can Price action be coded made into algorithm?
This may not be a very smart question but as you can see i do not know ABC of computerized trading. I am interested in knowing only for general knowledge. i am not interested in computerised trading though it seems like a dream come true-the computer will trade while you play golf or even when...- padutrader
- Thread
- Replies: 11
- Forum: Trading
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Young Trader need advice and mentor(if possible)
There is popularity nowadays of tight stops but i know that it is impossible to catch tops and bottoms. So if you go that route you have continue to re enter with another tight stop. or keep a rather wide stop. here you may also average if you so enjoy it. In a competitive world,it is not he...- padutrader
- Post #43
- Forum: Trading
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tradergod at work
last trade stopped out i did not take 2 time risk profits going for a trend change lesson learnt: a scalper should not be a swinger- padutrader
- Post #115
- Forum: Journals
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tradergod at work
stopped out loss 2 pips 1% of my account i am trading like a pro...- padutrader
- Post #113
- Forum: Journals
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tradergod at work
sold usd jpy for 2 pips risk. a down trend may have started will manage the trade in accordance with information received. Target may be 7 pips or10 pips- padutrader
- Post #112
- Forum: Journals
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Young Trader need advice and mentor(if possible)
what is averaging? it makes sense to average ONLY when the market is not trending-when the market is printing ABCs. if averaging is doubling your position on a move against you then this is sensible only in a ranging type of environment. But what if you do what i did yesterday. there was a move...- padutrader
- Post #40
- Forum: Trading
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tradergod at work
closed long usdjpy 24 usd profit 6 usd risk :D:thumbsup:- padutrader
- Post #111
- Forum: Journals