Looking for a mentor in London

cabletrader · Jul 19, 2009

Quote from gono:

I am starting to dream your blotters

nobody cares

Well obviously you care otherwise you wouldn't be dreaming about my trading blotters and following me around like a little lost puppy, but I wouldn't call you a nobody, I mean sure you're insignificant but I'm guessing somebody must love you!

Sweet dreams

....by the way what's with the new alias, were they the first 4 letters of your std-clinic diagnosis? What's next, 'syph'.... ewwwww, gross :eek:

cabletrader · Jul 19, 2009

Quote from mounafia:

you sold at 1.4103 at 14:07 and you closed the trade at 1.4103 at 14:51 knowing that the trade went up until 1.4130 (-23 pips).

Without wanting to give too much away on a public trading forum have another look at those trades, collectively as opposed to individually.

Although the high up until 14.30 was 1.4121 Bid, the actual drawdown on the Eur/Usd trade was 6 pips, and just 2 pips at 14.31 when the high was 1.4122. The last Eur/Usd trade was closed at 14.51 @ 1.4103 and price didn't go up to 1.4130 until 15.24, long after I was flat on that pair. The high Bid during my trades was 1.4122.

It's no secret that risk:reward on my trades is frequently skewed but win:lose amply compensates. Nothing is ever left to freefall as that would be suicide in my opinion, every trade has an exit strategy for the minimum loss possible and an 'emergency bail out plan' if it all goes tits up

Think creatively, try not to limit yourself to the usual entry/stop/limit/risk/reward rut that most traders get into.

ps your English is fine!

gono · Jul 19, 2009

Quote from cabletrader:

Without wanting to give too much away on a public trading forum have another look at those trades, collectively as opposed to individually.

Although the high up until 14.30 was 1.4121 Bid, the actual drawdown on the Eur/Usd trade was 6 pips, and just 2 pips at 14.31 when the high was 1.4122. The last Eur/Usd trade was closed at 14.51 @ 1.4103 and price didn't go up to 1.4130 until 15.24, long after I was flat on that pair. The high Bid during my trades was 1.4122.

It's no secret that risk:reward on my trades is frequently skewed but win:lose amply compensates. Nothing is ever left to freefall as that would be suicide in my opinion, every trade has an exit strategy for the minimum loss possible and an 'emergency bail out plan' if it all goes tits up

Think creatively, try not to limit yourself to the usual entry/stop/limit/risk/reward rut that most traders get into.

ps your English is fine!

I don't know cable pie. You sure you are not making it up as you type.

cabletrader · Jul 19, 2009

Quote from gono:

I don't know cable pie. You sure you are not making it up as you type.

Making it up as I trade, of course, but not as I type

Be creative syph, adapt!

cabletrader · Jul 21, 2009

Quote from cablelover:

What Cabletrader says is a load of bollocks

cable lover, lol, I love you too man.....in a purely platonic kinda way you understand

Seeing as you enjoy my blotters so much here's yesterday's trading....

11 trades, 9 wins +51 pips, 2 losses -6 pips, total +45 pips

aiyah_mark_lah · Jul 21, 2009

congrats cabletrader !! you got stalkers now LOL....somebody actually sift through your 3K plus postings to argue you....

ps : i remember seeing a thread about how people in ET are not very nice...this is not helping LOL

cabletrader · Jul 21, 2009

Quote from aiyah_mark_lah:

you got stalkers now LOL....

lol, I feel like a freakin rock star, my own personal groupie!

T-Bone Trader · Jul 23, 2009

Quote from ilovetrading:

Hi there, I'm a Maths student living in Univ of Manchester.

I have just stepped on trading world. I've just made an account in Forex.com, about to make an account in Barcaly stockbroker, and reading some global macro fund strategy..etc..I'm completely beginner in trading anyway(at level which you may have been in the past

I am looking for a mentor who can can give me some advice.

Hope we can meet up once a month in London. In return, I will buy you a meal for your precious spare time.

I'm looking forward to hearing from anyone who want to make his/her disciple ..Please be my guru.

Thank you

Steven.

Good luck. You'll have to do more than free food in order to get a good mentor though. Unless you are real lucky and find an extremely generous trader willing to help you.

Cheers

T-Bone Trader · Jul 23, 2009

in the meantime, check out www.babypips.com for great reference

TraderZones · Jul 23, 2009

Quote from ilovetrading:

I am looking for a mentor who can can give me some advice.

Hope we can meet up once a month in London. In return, I will buy you a meal for your precious spare time.
.

This won't even interest the fakes...