Intraday FX Player

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Quote from CFerret:

cvds,

I still complain that you traded like 3 markets instead of focusing on one which eventually got very good yesterday!

Who if not friend will criticize you without trying to be cute... :D
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yes, you are at least partly right :D but you know it's my curse :D following those other markets and only trading key-reversals there doens't take much attention and it added something to my bottomline ... BTW: weren't you the one advising me to find some other markets to trade in the evening last week :)
on a more serious note: I will try to not get this out of hand and lett euro remain my main focus, if I see YM doesn't work out, I will quickly cut trading this.
I definitely prefer a friend to tell me I am doing the wrong thing to make me at least reconsider things, than one that doesn't say anything out of a misplaced sense of politiness and let me run me account into the ground. :D So yes your concern is appreciated.
 
cvds,

When I talked about the other market I meant something ONE.... :D

But if seriously, you know it all yourself and I'm sure eventually will settle down with what works best...

And after all, yesterday was a good day for you in the end and nobody has a right to judge a winner. :D
 
The way I see it now: Eur/Usd is my main trading vehicle and my main focus should remain there. Ym is just something that doens't need a lot of focus the way I trade this now (easily defined setups with easily defined stops) and is added on the side to make some additional income and a way of small diversification making my overall profits more smooth.
If YM starts to take more attention or doesn't make me consistant money, I will cut trading it. BTW: I did some additional backtesting yesterday before I started trading it, with very positive results. I will take another backtesting period to make a final decision tonight just to be sure its wise to trade this.
 
Quote from CFerret:

cvds,

When I talked about the other market I meant something ONE.... :D

But if seriously, you know it all yourself and I'm sure eventually will settle down with what works best...

And after all, yesterday was a good day for you in the end and nobody has a right to judge a winner. :D
More...

hehehe,

CV, you know I tried spot fx on a Demo account rite? I can tell you that HSI and FX behave so differently, that a trader would require to switch mentalities between products, HSI is like Die Hard (the movie), while EUR/USD is more like Dr Zofago (can't spell, again, the movie)

Anyway, if you really need a 2nd products to trade from, find something that behave closely, so you don't really need to switch mentalities/create rules etc..

I know you are smooth with Euro chicks, last thing you want is to hook up with is an asian lesibian (ie, da HSI) :D :D
 
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