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Which indicator is the best to measure breakout ?
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Členem od Nov 18, 2009 735 zpráv(a,y)
speki
Jun 10 2011 at 15:21
Depends on how you look at it, Elks. You would have found another challenge or pastime or occupation for yourself. Another hard nut to crack. People tend to attract the same kinds of challenges to their lives, but you never know in advance, in what form will they appear.
Sounds like forex has taken a lot out of ya ... Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform. |
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Členem od Oct 24, 2009 186 zpráv(a,y)
Forex Anadova (Forexanadova)
Jun 10 2011 at 15:26
Yes it has!
To win you have to risk loss. ~Jean-Claude Killy |
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Členem od Feb 07, 2011 617 zpráv(a,y)
PipGnostic (TheCyclist)
Jun 10 2011 at 15:32
(editováno Jun 10 2011 at 15:35 )
No mate,
Fx is not a problem. Was it worth it.... ? That is the problem... Show me your pips!! |
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Členem od Oct 24, 2009 186 zpráv(a,y)
Forex Anadova (Forexanadova)
Jun 10 2011 at 15:44
I think that whatever I do that teaches me something, it was worth, even if it was bad and sucked ( like going to school, I hated it but, I learned some good stuff)
To win you have to risk loss. ~Jean-Claude Killy |
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Členem od Feb 07, 2011 617 zpráv(a,y)
PipGnostic (TheCyclist)
Jun 10 2011 at 16:15
(editováno Jun 10 2011 at 16:16 )
The way I see it, until about say 100 years ago we were to busy running away from lions and bears to even ask this question.
I'm saying is the effort of learning the craft worth the craft ? I can learn a shit load running away from a lion, for example, I don't have to run faster than the lion, just faster than the guy behind me. The stats are abysmal. Almost no one makes it in fx. It's a bell curve. Less than 10% of people who try this makes it and of those less than 1% gets rich. That's 1% of the 10%. Only the guys that put in the decades end up getting it. Why not go to the beach or make porn? Both are more profitable. Show me your pips!! |
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Členem od Jan 14, 2010 2186 zpráv(a,y)
Chikot
Jun 10 2011 at 16:18
I agree about that. What fun?
I had no gray hair just 2 years ago. Now, daily gets up at London open took it's toll. It's good I am not getting up at 2:30 a.m. as I have been doing for almost 2 years every day. TheCyclist posted: Fun ?! I've called forex many things, but fun is not one of them. More like a decade of pain and suffering. |
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Členem od Nov 18, 2009 735 zpráv(a,y)
speki
Jun 10 2011 at 16:21
Alright chaps, everyone has a cross to bear ... and other person's crosses always seem smaller and lighter .... we can't always make it easier but at least we can try and make it bearable. Keep those heads high, keep those upper lips stiff, and have a nice weekend.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform. |
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Členem od Oct 24, 2009 186 zpráv(a,y)
Forex Anadova (Forexanadova)
Jun 10 2011 at 16:38
You too my friend.
To win you have to risk loss. ~Jean-Claude Killy |
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Členem od Jan 14, 2010 2186 zpráv(a,y)
Chikot
Jun 10 2011 at 21:36
I personally trade everything including break outs. The key is to know that break out have less probability than fading break out and profit must be taken quickly with stop moved quickly too for the rest of position.
I would say that Forex and oil differes in this regard. Forex in imho, is artificial constract and not a real thing. It is not even a shadow of real thing. Oil on the other hand is the very real thing and the foundation of everything. It tends to move much stronger and I would not do what i used to do with currencies on oil. Forexanadova posted: Keltner works, yes, but win % is 65%. MM is the key. I would stay away from breakout, but that is just lil old me . |
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Členem od May 19, 2011 6 zpráv(a,y)
phoneix888
Jun 11 2011 at 02:03
PipGnostic,
Yes, I agree and know time is precious. So I made up my mind that I used to employ traders for manual trading in the past. It is costly but worth to save my time. Right now, I fired all traders and use EA. Employed FRM to control risk and MM. Still costly but I can spend time on research, reading, outdoor activities, seminar, video game, travelling overseas and looking for new retail business . So don't be an old style and traditional trader now !! Good luck |
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