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"Just Oil"

Chikot
Jun 29 2012 at 18:38
2299 posts
in simple words: sh*t happens' but trends do last. watch my 2 other trades. more to follow.

stevewalker
stevewalker
Jun 29 2012 at 18:58
1439 posts
I can call ( from point of market view ) same as usual. little fast little slow always do the same thing.

it gives then take it back, or it takes then give it back if you are still there.

same game, new players.

Chikot
Jun 29 2012 at 19:01
2299 posts
the most important is capital preservation to be there when next big move happens.

stevewalker
stevewalker
Jun 29 2012 at 19:01
1439 posts
oil up
S&P up
DJ Up
ND Up

they all up. happy to have cheaper USD.

stevewalker
stevewalker
Jun 29 2012 at 19:12
1439 posts
there may be use of some st. like below.

until achiving dail/weekly/monhly goal trader can close trades with 1/1 ratio. when goal achived running trades to high pips with trailing stop.


Chikot
Jun 29 2012 at 19:45
2299 posts
I have no goal. My goal is to get on the trend and ride it. need to improve trade management. to leave at least 30-40% after initial profit taking to ride for bigger profits.

Chikot
Jun 29 2012 at 20:03
2299 posts
Steve, to be profitable you gotta do same thing again and again. thing that has edge. if after some losses we change set ups and everything nothing gonna work. This was news event. sh*t happens, this is why we have stop loss.

stevewalker
stevewalker
Jun 29 2012 at 20:06
1439 posts
I am not saying about changing something. just thinking about MM. not for you. in general.

Chikot
Jun 29 2012 at 20:39
2299 posts
Regarding trade money management. I made few mistakes. like closing 2 trades completely before stop hit., especially eur/aud. big tarde and closed too much of trades leaving too little. will remember this.

Chikot
Jun 29 2012 at 21:17
2299 posts
note how aud/jpy was missing my stop by few pips 3 times and where it is now.

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