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stevewalker - Manual Trading
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stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 07 2012 at 13:57 (labots Jun 07 2012 at 14:08 )
Hi all,

here at this thread I will post my experinece about manual trading.

I have alot. Believe me.

walker


Trade the Trend, Defend to Price!
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 07 2012 at 14:29 (labots Jun 07 2012 at 14:30 )
components of manual trading;

- %33 Mental
- %33 System
- %33 Dicipline
- %33 Patient

there is something strange. isnt it?

total is bigger then %100

yes it is.

if you want to become a succesfull manual trader you will need more then %100
if one is missing you will fail.

this is the first rule.

walker

Trade the Trend, Defend to Price!
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 07 2012 at 16:55 (labots Jun 07 2012 at 16:55 )
lets start with the wright thing.






Pielikumi:

Trade the Trend, Defend to Price!
BenNathan

Biedrs kopš Apr 16, 2012  23 ieraksti Benjamin Nathan (BenNathan) Jun 08 2012 at 10:52
Manual trading for me is far more powerful - we can use perception to decide whether or not current conditions are right for a trade within our strategy.... although the downfall is this perception can also be our enemy.... Trend is our Friend!

LOW RISK + HIGH PROBABILITY = REWARD
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 08 2012 at 14:26
Thank you for input

Manual/Automated depending on the trader. for me the best is Hybrid(SemiAutomated) Better sides of each.

walker


   BenNathan posted:
   Manual trading for me is far more powerful - we can use perception to decide whether or not current conditions are right for a trade within our strategy.... although the downfall is this perception can also be our enemy.... Trend is our Friend!

Trade the Trend, Defend to Price!
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 08 2012 at 14:27
Chapter 3: Dicipline

Trade the Trend, Defend to Price!
lkwong

Biedrs kopš May 10, 2012  71 ieraksti LK Wong (lkwong) Jun 09 2012 at 09:20
I love your chapter 3. The one word describes everything.

The YELLOW line should always be above the RED line. It means you've cut your losses, and let your winners run.
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 09 2012 at 10:45
it is the headline.
details will follow.lol


   lkwong posted:
   I love your chapter 3. The one word describes everything.

Trade the Trend, Defend to Price!
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 09 2012 at 10:59
Chapter 3: Dicipline

Self-discipline
Self-discipline can be defined as the ability to motivate oneself in spite of a negative emotional state. Qualities associated with self-discipline include willpower, hard work, and persistence.
Self-discipline is the product of persisted willpower. Whereas willpower is the strength and ability to carryout a certain task, self-discipline is the ability to use it routinely and even automatically (as if through reflex). An analogy for the relationship between the two might be defined as follows: Where willpower is the muscle, self-discipline is the structured thought that controls that muscle. In most places it is believed self discipline is the ultimate path to success.
source: http://en.wikipedia.org/wiki/Discipline

the root is willpower.

on trading everthing changes very fast. it is important to make same desecions in every condition.

think that way.
the combination of 2 values lets say 3:5 is much more then 1:5

at that point we should lower the total combination. as a trader we can not change the market. so this is out of our control. what we can change is ourselves.

if we keep making always the same desecions the combinations will dramaticly be lower then the other option.
to do this we should disicpilne ourselves to make always the same desecions. the root for this is the willpower.

to be succesfull there should be as les as details to make desecions on.

to be continioud.........

Trade the Trend, Defend to Price!
stevewalker

Biedrs kopš Jun 06, 2012  1363 ieraksti stevewalker (stevewalker) Jun 15 2012 at 11:19 (labots Jun 15 2012 at 11:19 )
buyers are pushing really hard to return EU long.

a very painfull bear trap!!

Trade the Trend, Defend to Price!
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