stevewalker - Manual Trading
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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! |
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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! |
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Biedrs kopš Jun 06, 2012 1363 ieraksti
stevewalker (stevewalker)
Jun 07 2012 at 16:55
(labots Jun 07 2012 at 16:55 )
Trade the Trend, Defend to Price! |
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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 |
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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! |
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Biedrs kopš Jun 06, 2012 1363 ieraksti
stevewalker (stevewalker)
Jun 08 2012 at 14:27
Chapter 3: Dicipline
Trade the Trend, Defend to Price! |
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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. |
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Biedrs kopš Jun 06, 2012 1363 ieraksti
stevewalker (stevewalker)
Jun 09 2012 at 10:45
it is the headline.
details will follow. ![]() lkwong posted: I love your chapter 3. The one word describes everything. Trade the Trend, Defend to Price! |
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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! |
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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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