Forex is boring..

[sakhter]

Quote from athlonmank8:

Now if we could just teach this discipline to 70% of the traders.....

nice trading btw.

lol. I agree. The trade becomes dead to me as soon as I hit submit. It's a great feeling knowing your risk.

Profit or Loss, it's no big deal. But I will watch trades that I make & will never leave trades running when I cannot manage them (ie. sleepy time)

 

[cabletrader]

Quote from sakhter:

The trade becomes dead to me as soon as I hit submit.

I will watch trades that I make & will never leave trades running when I cannot manage them

Huh

 

[milktruck]

Quote from sakhter:

lol. I agree. The trade becomes dead to me as soon as I hit submit. It's a great feeling knowing your risk.

Profit or Loss, it's no big deal. But I will watch trades that I make & will never leave trades running when I cannot manage them (ie. sleepy time)

Thats funny because trades become dead to me when I go to sleep and let my thesis play out or not. Any trade management I do hurts my returns.

 

[sakhter]

Quote from cabletrader:

Huh

What I meant was after I make a trade, I am indifferent as to whether it hits or misses. But I will still watch the trade for an earlier exit sign.

If I see a short-term bias shift, I will exit at a little profit rather than wait for the s/l to hit. If short-term bias remains the same, I will wait for take-profit.

Quote from milktruck:

Thats funny because trades become dead to me when I go to sleep and let my thesis play out or not. Any trade management I do hurts my returns.

LMAO so funny & I care.

 

[cabletrader]

Quote from milktruck:

Thats funny because trades become dead to me when I go to sleep

lol, me too, I don't have an alarm to wake me up if a trade is going the wrong way, it can wait until morning!

 

[cabletrader]

Quote from sakhter:


pend sell@1.5885,sl@1.594,tp@1.5861

Interesting risk:reward

 

[sakhter]

Quote from cabletrader:

lol, me too, I don't have an alarm to wake me up if a trade is going the wrong way, it can wait until morning!

http://www.amazon.com/AMBIENT-DEVICES-Stock-Orb-AORB02/dp/B000653KKQ

 

[sakhter]

Quote from cabletrader:

Interesting risk:reward

It's actually more interesting that ratios don't define winning strategies.

If you are going to nitpick, do it to all trades. Not just one.

 

[atticus]

Quote from sakhter:

and predictable. But mostly boring.


pend buy @1.4679, tp@1.47, s/l@1.466

You can't be serious. Cutting the position after 20 pips. Cable is right, the R/R is a joke.

 

[cabletrader]

Quote from sakhter:
pend sell@1.5885,sl@1.594,tp@1.5861

Quote from sakhter:
It's actually more interesting that ratios don't define winning strategies.

If you are going to nitpick, do it to all trades. Not just one.

lol, well if you're hoping to sell this stuff to people (and brokers!) I don't think they'll be too impressed with a 55 pip risk for a 24 pip reward, or with one 20 pip trade call per day!