Will i ever get it.

MarketAddict said:
That chart isn't helping no one.. Where's the bigger picture? Why are you taking those trades? Are you waiting for price to hit a moving average? Come on now you should know better than this...
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80% win rate, you don't understand, how I'm trading it, not going to explain all in 1 hit, the big enough picture is there, no need for bigger only adds to confusion.

Where is your method ? maybe you should share there to ??

Then he can learn from both of us!
 
note said:
All right, so finally i am here. I am starting this journal because just talking to myself would not help much. so i thought why not put it out there, some one some where will know what the heck is going on. and off-course knows the obvious, which surely i don't know.

In this journal , i will post my eur/usd trades, and fellow members are more than welcome to put there meaningful comments. Only request is that show me the path only if you are already walked on this path, and crossed that success door. i have already done so many things if this time this does not work, i am going to stop this forever.

so i woke up at 4:30 AM to trade EUR/USD. i have attached the chart , i basically took two trades one long one short, and was sitting there just to see my stop hit.

1st long, i sold half of my size few points above, but eventually it hit my stop loss.
2nd short , was a mistake i think, i should have shorted , where my stop was. but off-course i am learning so i have excuse. :)

i am done for the day, as i have to go to office. I can not post / trade each and every day but i will try to do my best this time, and i really appreciate your comments / suggestions, which can help to reach goal a bit faster.
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Ridiculous stop levels
 
BobbiDigital said:
I thought you'd never ask. Get some help. Writing quips all day long to push other people's buttons is sad and disturbing. This site deserves better.
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You misunderstand, the OP is your fellow trainee. He hit some rough spots earlier and I was feeling sorry for him.
 
BobbiDigital said:
I thought you'd never ask. Get some help. Writing quips all day long to push other people's buttons is sad and disturbing. This site deserves better.
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He's got you there EJ
Buy1Sell2 said:
Ridiculous stop levels
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Your a longer term investor trader, so to you, ofcourse there ridiculous anything less than 100pts will be, so why bother to comment on a intraday traders SL levels ??

And if you want to help, don't just post a negative comment, try helping and explaining why you think this maybe ??

We are all traders here ( some sellers of methods ), lets stop ripping each other off and trying to teach methods which are ludicrous and doing way more harm than good.
 
With my last attempt at prediction being a failure, I am doubling my efforts and trying again. This time I will deploy curve fitting strat that I heard so much about on this forum. So, the number of points below the lower arrow is .... 101 points. Ahah (doctor evil expression) !!

JGLp
 
Your a longer term investor trader, so to you, ofcourse there ridiculous anything less than 100pts will be,




Stops are ridiculous for day trading__ Stops need to be much closer escpecially when he is trading countertrend like he is. Absolutely too large
 
ExperiencedJoe said:
With my last attempt at prediction being a failure, I am doubling my efforts and trying again. This time I will deploy curve fitting strat that I heard so much about on this forum. So, the number of points below the lower arrow is .... 101 points. Ahah (doctor evil expression) !!

JGLp
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So in short, you set a 100TP target with no SL and you hope for the best right ??

What happens, when it goes the wrong way and keeps going the wrong way, what's the plan ? do you just hold for ever ever if need be ? or exit when the trend changes or at a certain loss manually ??
 
Buy1Sell2 said:
Your a longer term investor trader, so to you, ofcourse there ridiculous anything less than 100pts will be,




Stops are ridiculous for day trading__ Stops need to be much closer escpecially when he is trading countertrend like he is. Absolutely too large
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That's better and agreed, although better off getting him to stop trading countertrend, strangely we all start off countertrending and it's a hard habit to break, much easier on the other side.
 
Turveyd said:
That's better and agreed, although better off getting him to stop trading countertrend, strangely we all start off countertrending and it's a hard habit to break, much easier on the other side.
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Countertrend is ok but must be nimble. More latitude should be given to trend trades. When trading, you need to be out right away . Right away is dependent on risk level and timeframe. Never lose more than 2% of TLNW on any one trade/idea
 
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