Thanks i need all the help i can get....
New tradergod new journal
- Thread starter padutrader
- Start date
Is this guy traderCod for real?
is a joke, right?
his account size is like the slippage I get from some fills when I make a trade ffs
is a joke, right?
his account size is like the slippage I get from some fills when I make a trade ffs
This is by far the best thread on ET!
long audusd
closed audusd for profit of 2 pips 50usd after commission
Last edited:
i agree
some of the comments i get is very intelligent
this forum has the most intelligent wise,experienced helpful big hearted traders;best place to be if you are trader new or experienced
VIVE ET LONG LIVE ET
Why have i worked so hard to become a trader?
if i can make 8 pips a day, trading one standard lot everyday, i give 4 to my broker and take home 4.
That in money terms is equal to my wife's salary:she works in a well established and 70 year old pharma company for the last 30 years.
that is huge.
to make 2 pips a trade is not easy because entries have to be precise and so i have shifted to M1 time frame to tighten up my entries
if i can make 8 pips a day, trading one standard lot everyday, i give 4 to my broker and take home 4.
That in money terms is equal to my wife's salary:she works in a well established and 70 year old pharma company for the last 30 years.
that is huge.
to make 2 pips a trade is not easy because entries have to be precise and so i have shifted to M1 time frame to tighten up my entries
Last edited:
sold usd jpy risk 3 pips target 5 pips a probability trade:in a down trend,entered at high of a range target low end of range
While experts say put stop target walk away,i do change both stop and target,depending on fresh information the market gives and my understanding of that information.
This is very dangerous for an in experienced trader so would not advice anyone and everybody to do.
However after a stop is taken out and then goes your way without you,or target not reached, you may/should study that ,see what happened, and remember that, so that when the market is, in that same situation, another time you may modify the stop.
In the above short trade in usd jpy what i called high probability,the market did something different from expectations:i increased the stop ,added a position removed the target because now the market would have trapped longs who will not re enter for some time or may even short
This is very dangerous for an in experienced trader so would not advice anyone and everybody to do.
However after a stop is taken out and then goes your way without you,or target not reached, you may/should study that ,see what happened, and remember that, so that when the market is, in that same situation, another time you may modify the stop.
In the above short trade in usd jpy what i called high probability,the market did something different from expectations:i increased the stop ,added a position removed the target because now the market would have trapped longs who will not re enter for some time or may even short