The hard road to consistency

Quote from oldtime:

all right man very nice

I probably would have bailed the first time it bounced off 27 and gotten filled at 30

yeah, this kind of small mistake repeated many times can have significant impact on your end of the month result. It is much better to keep the target intact.
 
Quote from calmeurotrader:

yeah, this kind of small mistake repeated many times can have significant impact on your end of the month result. It is much better to keep the target intact.
I like the way you handle yourself, you should talk more about your set ups and how you set your targets.

That bracket trading is a hard way to go.

There's always this thing in the back of my mind, "Tight stops does not a good trader make, just a slow loser."

But that was a good one tonight, or today, do you live over here or over there?
 
Quote from oldtime:

I like the way you handle yourself, you should talk more about your set ups and how you set your targets.

That bracket trading is a hard way to go.

There's always this thing in the back of my mind, "Tight stops does not a good trader make, just a slow loser."

But that was a good one tonight, or today, do you live over here or over there?

I live in London, I couldn't trade properly at 3 am :)
Oldtime, do you still keep your long EUR ? What is your typical strategy for bailing out of losing trades ?
 
Quote from calmeurotrader:

I live in London, I couldn't trade properly at 3 am :)
Oldtime, do you still keep your long EUR ? What is your typical strategy for bailing out of losing trades ?
no trader in their right mind should trade the way I do. You're doing just fine. I admire your discipline. Especially on days when all you do is post, "No trades today."
 
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