Daytrader's Only

Quote from The General:

Trade 2 - High Risk of Losing

Market = Dow with limit orders

Order = Short 1

Market Now = 8316

Entry Level = 8338

Stop Level = 8348

Profit Exit Level = 8295 or better-depending on market and if I am at PC if market moves to this level-which can-or can not-happen.

Result = Loss of 10 pts

Order In - do not copy my trades unless you are prepared to lose-as losing does not bother me one little bit.

The General

Trade 4 - High Risk of Losing

Market = Dow with limit orders

Order = Short 1

Market Now = 8348

Entry Level = 8356

Stop Level = 8366

Profit Exit Level = TBC if market moves down

Result = ?

Order In

Again-do not trade unless you are willing to lose
 
Quote from The General:

This time - and I hope(fat chance:D) the dim wits stay away - we will talk about daytrading only.

All trades are intraday-no overnight holding NO MATTER WHAT-be it a winner-or a loser.

The objective is to look at the intraday market-and any market is on the table-it does not matter-see what is going on-see if a low risk opp is developing-pick a level in-place the trade-pick a level out-take a profit-or a loss-with the target to have the winners bigger multiple than the losers.

There are only 2 RULES here-and they are-

RULE 1

NO BIG SIZE UNTIL YOU CAN TRADE SMALL SIZE FOR PROFIT-WITH AT LEAST A 25 TRADE SAMPLE SET

RULE 2

ALL TRADES MUST BE POSTED IN THREAD-WINNERS AND LOSERS-WITH JUST LEVEL DETAILS-YOU DO NOT HAVE TO SHOW YOUR CHARTS-AS THEY ARE YOUR INCOME GENERATOR

Remember-trading is a tough game-and nearly everyone will try and fuck you up-but only if you let them.

This can be a good-or a bad-experience-the outcome will depend on what you do-or do not-do.

Good Trading

The General



TG,

Good morning! Great thread you have started, i will be posting some trades myself shortly, just to show the market retards and trading remedials how it is done.

I see one of the idiots who likes to post in a 'big' infant text is already on your case.

If he carries on, just swat the little inbred runt with a big rolled up copy of the FT. That normally silences the 'thick skullers'.



Yours,



Dackster.
 
Yes Dackster - this is a real thread for real traders.

As you know-some think that you have to be right most of the time-to come out a winner.

As a few of us know-this way of thinking is for the primates.

We will show traders how easy it is to lose when you do several things wrong-and how hard it is win when you do several things right.

Those who stop peeling bananas will get better-those who continue to peerl bananas will slip on the yellow skins.

Trading is not about winning-it is about losing correctly-most hear this-but do never get to experience it-due to listening to idiots who think they have it cracked-what a bunch of dim wit traders-afraid to admit they lose-and the most likely reason is that the lose way too much-which implkies that they are not good traders.

Good traders lose small when they are doing very risky trades-risk a bit more when the potential reward is greater-and make real money when they are not posting on silly websites.

So-we will again try and help a few out-but as usual-I am not expecting too many participants-for obvious reasons :D

The General
 
Quote from The General:

Yes Dackster - this is a real thread for real traders.

As you know-some think that you have to be right most of the time-to come out a winner.

As a few of us know-this way of thinking is for the primates.

We will show traders how easy it is to lose when you do several things wrong-and how hard it is win when you do several things right.

Those who stop peeling bananas will get better-those who continue to peerl bananas will slip on the yellow skins.

Trading is not about winning-it is about losing correctly-most hear this-but do never get to experience it-due to listening to idiots who think they have it cracked-what a bunch of dim wit traders-afraid to admit they lose-and the most likely reason is that the lose way too much-which implkies that they are not good traders.

Good traders lose small when they are doing very risky trades-risk a bit more when the potential reward is greater-and make real money when they are not posting on silly websites.

So-we will again try and help a few out-but as usual-I am not expecting too many participants-for obvious reasons :D

The General



Indeed, TG. There will be no need for the usual detractors to try and swamp the thread with lunacy, all they need do is post a trade.


Yours,


Dackster.



USD/CHF

Long 1.0820.
 
EUR/USD update.

Fill missed by 1 pt - adjust trade.

Market Now = 1.4010

Short Entry Lmt = 1.4035

Stop = 1.4045

Profit Target = None for now as this is now a win or lose trade
 
Add a OCA to Dow trade.

New order as follows.

Long 1 Dow @ 8335

Stop = 8225

Profit Target = TBC

OR

Short 1 Dow @ 8356

Stop = 8366

Profit Target = TBC
 
Quote from The General:

EUR/USD update.

Fill missed by 1 pt - adjust trade.

Market Now = 1.4010

Short Entry Lmt = 1.4035

Stop = 1.4045

Profit Target = None for now as this is now a win or lose trade

Stop blown thru to 1.4049

Re-enter short @ 1.4045

Stop @ 1.4055
 
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