Help! These breakouts are killing me

No sure, you are right.

But then most people on this site, I assume, are day trading (e.g. your M5 chart), trading D1's and W1's is about as exciting as librarians.

I have a lot to think about.
 
Quote from shopster:

I had a problem sitting on my hands........"
you original post has all the flaws of a newbie.

start correcting them, one by one or you will blow out, like the other 98% strewn along the side of the hiway.

s
More...

That's fighting talk.

OK lets see,

1. I didn't follow my plan and exited too early
2. I listened to the news

Can you add to that?
 
Quote from Matt Houston:

No sure, you are right.

But then most people on this site, I assume, are day trading (e.g. your M5 chart), trading D1's and W1's is about as exciting as librarians.

I have a lot to think about.
More...

..................................

5 min chart

100 ticks x 10.00 a tick x multiple cars.

5k to 25k / trade x 250 trading days x 36 years

forex is my girlfriend.

find my thread, read it for insight into db, dt and setups
applies to stock charts also.

s
 
I am assuming you need a trend to make that many pips

OK will read your thread, although I have a full time job so M5's are a pipe dream for me.
 
Quote from Matt Houston:

That's fighting talk.

OK lets see,

1. I didn't follow my plan and exited too early
2. I listened to the news

Can you add to that?
More...

Oh, and 3. system hopping. Although that's a potential transgression which has not been committed yet. Anymore?

Talking a load of bs on trading forums?
 
Quote from Matt Houston:

But are 250 days of the year trend days?
More...

...........................

the market hands you trend 30% of the time.

forex trades for 24 hour x 6 days.

hundreds of ticks of trend, until it bends.

s
 
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