Search results

  1. P

    Can you share a significant trading lesson you learned the hard way?

    to share the lessons i learnt the hard way i need to write like Brooks at least 3 books. that is how hard trading is and make no mistake about it is like being no1 in the world in any sport.ie almost impossible. as the great Seykota once advised if you cannot watch a profitable trader and learn...
  2. P

    Finally learnt to swing

    that is why i stopped trading my own money and am trading TOp step. like you say i am an idiot but you do not know what i am trying to do which is not make money but to be the best trader ever. whether i do it or not is another issue but that is what i am trying to do.i am not like you and...
  3. P

    Finally learnt to swing

    that is how you learn to be the best trader of all time.i amintertested in that ,not money.money is easier but i do not have much care for that since my daily needs [not wants] are modest. my wants are not [modest] and my biggest want is to be called the best gtrader ever.am on my way and am...
  4. P

    Finally learnt to swing

    AMEN
  5. P

    Finally learnt to swing

    then thou shall be provided with that, in the charts i post. the position i am presently may be seen where i put the blue arrow, just below the time
  6. P

    Finally learnt to swing

    so far so good
  7. P

    Finally learnt to swing

    i found that but it only shows arrow which indicates buy and sell points on the chart. is that good enough? or if you want entry and exit at exact levels like ' long 5436 closed 5438 ' that is easy to do. you can also see the open position rate just below the time as shown in chart below...
  8. P

    Finally learnt to swing

    so what did you eat in your last meal?
  9. P

    Finally learnt to swing

    my exit was good in my first trade but i did not see the big picture because i was concentrating on trade management. also i was sure that there will be a test of the low. this was a mistake in this case. if i had been aware of that i would have looked for an opportunity to enter. I was...
  10. P

    Finally learnt to swing

    i am also learning to read the bigger picture and since i have learnt the smaller picture for 20 years i can now hold through the smaller fluctuations: these have the horrible tendency of confusing me into small trades which then reverse rapidly when the bigger picture kicks in, leading in big...
  11. P

    Finally learnt to swing

    looks like an up trend day from now on. the elephant in the room is momentum and you have to gauge momentum if you want to enter at right places. both up and down momentum can be seen from market structure. And along with price action you can enter like a pro. but these trading range days with...
  12. P

    Finally learnt to swing

    i am back on ET thanks. That was a sweet comment -not many comments of that nature on ET. really really got me right there in the heart i never was away from trading but was terribly busy learning a lot of things. I am sure this is the most horribly difficult profession and as humbling as...
  13. P

    Finally learnt to swing

    there is enough clutter as it is and I do not want this to be about me: but just to show one way of approaching the market. That would be more helpful to traders who are trying to understand what the market does rather than just showing where i entered and exited: no one will have a clue why i...
  14. P

    Finally learnt to swing

    exited just after i took the screen shot. Market tried twice to cross yellow line and might fail so, discretion being the better part of valor, i exited.also there were two touches of the blue line or two attempts to cross the blue line so may expect corrective move
  15. P

    Finally learnt to swing

    another possibility is the yellow channel
  16. P

    Finally learnt to swing

    the blue channel may be in play here
  17. P

    Finally learnt to swing

    some fun a games with a sim account i dream of the day when i can trade like this with a live account....nothing more to be said
  18. P

    Finally learnt to swing

    :D:D:D:D
  19. P

    Finally learnt to swing

    Babu? what on earth? are you Indian? but your comment was very insightful
  20. P

    Finally learnt to swing

    damn right. now i can do both but i do not like scalping....commissions kill you when the market does not. i tried the short game for decades. i suck in it in golf and trading. only plus was i learnt about the market, so much that the market, can never ever shake me out of my swing...
Back
Top