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forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 11:32
last 3 days I had made another great mistake. I stop trading the long and trade always short. the reason it the gravity effect ( waterfall ). now I had reset the mind.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 11:56
I stop trading with smaller/different lots on "_somehow" I only use 0.1 lot for the trades to enter the risky trades. ~1.50 lot for the regular trades.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 22:57
(edited Jan 24, 2012 at 22:58)
_somehow:
totally I had 128 trades in ~7 days. out of 128 I had 3 trades (%2) that had to GRID to save. ( currently one trade in Grid ).
I have exit level. but in that 3 trades price had moved very fast in seconds and drive over my exit level.
SOMEHOW I must find a solution for that. 🙄🙄
here is the last exp.
there is a great SHS pattern and I entered the at the top of the pattern when price moving against the trade and went short. price moved some back and forth then moved against in sec and drive over my exit level. could not catch that.
SHS:
totally I had 128 trades in ~7 days. out of 128 I had 3 trades (%2) that had to GRID to save. ( currently one trade in Grid ).
I have exit level. but in that 3 trades price had moved very fast in seconds and drive over my exit level.
SOMEHOW I must find a solution for that. 🙄🙄
here is the last exp.
there is a great SHS pattern and I entered the at the top of the pattern when price moving against the trade and went short. price moved some back and forth then moved against in sec and drive over my exit level. could not catch that.
SHS:
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 23:03
my R/R ratio is 1/1. means average TP 5pip == SL 5 pip
but those are not fixed and in between 5~10 pip.
but I can not set a SL or TP due some times it reverse with 0.1 pip.
May be I should set a SL for 2xSL to prevent that kind of problems. or code hedge algo in the case of that fast move?????
but those are not fixed and in between 5~10 pip.
but I can not set a SL or TP due some times it reverse with 0.1 pip.
May be I should set a SL for 2xSL to prevent that kind of problems. or code hedge algo in the case of that fast move?????
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 23:29
guys I am delaying answering on some posts or PMs. sorry for that. _somehow taking all my time.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 23:33
(edited Jan 24, 2012 at 23:34)
BTW MDP has start to wipe out accounts. now users has to find a new setup ( which is most probably will be last month's loosing setup 😲😲) and fix the bot for Beta testing.
If I could find that much Beta testers I would sell the EA for 10$. thats more fair for both sides.
walker
If I could find that much Beta testers I would sell the EA for 10$. thats more fair for both sides.
walker
Member Since Jan 14, 2010
2279 posts
Jan 24, 2012 at 23:39
Pardon my French, but ain't this one Picasso ? 😉
walker36 posted:
_somehow:
totally I had 128 trades in ~7 days. out of 128 I had 3 trades (%2) that had to GRID to save. ( currently one trade in Grid ).
I have exit level. but in that 3 trades price had moved very fast in seconds and drive over my exit level.
SOMEHOW I must find a solution for that. 🙄🙄
here is the last exp.
there is a great SHS pattern and I entered the at the top of the pattern when price moving against the trade and went short. price moved some back and forth then moved against in sec and drive over my exit level. could not catch that.
SHS:
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 00:05
Chikot
as I have said before there is no certain rules. eg now I had removed all other indicators from the chart apart from the ones attached bars. which are PSAR BBands MA30 & MA 200 & TL
I had my goal for today but GREED make took that last trade. it was a beauty as you see but I had nailed. I was thinking of exit that trade and waited some more seconds to see what will happen and it happened😕😕
as I have said before there is no certain rules. eg now I had removed all other indicators from the chart apart from the ones attached bars. which are PSAR BBands MA30 & MA 200 & TL
I had my goal for today but GREED make took that last trade. it was a beauty as you see but I had nailed. I was thinking of exit that trade and waited some more seconds to see what will happen and it happened😕😕
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 00:07
yellow dot line ( 1.29796 ) was the first target which is very above from NECK.
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 00:27
Wow, it means it is not Picasso ? 😕
5 pips no problem. you will make more of it. BTW, do you have some daily goal or you stop if you win first trade?
5 pips no problem. you will make more of it. BTW, do you have some daily goal or you stop if you win first trade?
walker36 posted:
Chikot
as I have said before there is no certain rules. eg now I had removed all other indicators from the chart apart from the ones attached bars. which are PSAR BBands MA30 & MA 200 & TL
I had my goal for today but GREED make took that last trade. it was a beauty as you see but I had nailed. I was thinking of exit that trade and waited some more seconds to see what will happen and it happened😕😕
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 00:31
daily %1.50 my goal. that can be easily achived. I took that trade when I was at >+%3. GREED is not good. ı should stop some where.
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 00:44
nice goal 😉
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 00:47
BTW, how many pips you should make to reach 1.5%?
I usually stop if first trade is a winner. time wise the most efficient.
I usually stop if first trade is a winner. time wise the most efficient.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 00:54
2 trades with 5 pip target goal done.
but ofcourse it is not enough for me I should go further. I should make %5 - %10. there is no limit. I really hate myself for that. this is my whole life problem. I cant stop. last week I shut down machine to stop. my max speed is 260km/hour. ( actually this is car max speed by the limiter if it would go faster I would drive faster after the kid my wife sold the car or she said she will leave ) she is a good limiter but she has no clue about FX so I am alone and limitless here
but ofcourse it is not enough for me I should go further. I should make %5 - %10. there is no limit. I really hate myself for that. this is my whole life problem. I cant stop. last week I shut down machine to stop. my max speed is 260km/hour. ( actually this is car max speed by the limiter if it would go faster I would drive faster after the kid my wife sold the car or she said she will leave ) she is a good limiter but she has no clue about FX so I am alone and limitless here
Chikot posted:
nice goal 😉
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 00:57
lot's of leverage!
I think you gotta relax... 5% monthly is great and 10% monthly is superb.
I think you gotta relax... 5% monthly is great and 10% monthly is superb.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 01:05
(edited Jan 25, 2012 at 01:11)
leverage is good if you know what you are doing. or its a killer. this is nothing about relax or something else I should go to doctor.
I am good at the planning side and system side but NOT on the manual trading side. to stop my self I did not trade live for years and try to train my self. but could not. so I started to code. EA s has limits. but I must confess that I could not code the logic in my mind.( I have coded some good one but also those are not enough for me!!!!!! ) so again stated to train my manual trading with demo and will start trading semıauto in real when training complete. I will do that.......................
I am good at the planning side and system side but NOT on the manual trading side. to stop my self I did not trade live for years and try to train my self. but could not. so I started to code. EA s has limits. but I must confess that I could not code the logic in my mind.( I have coded some good one but also those are not enough for me!!!!!! ) so again stated to train my manual trading with demo and will start trading semıauto in real when training complete. I will do that.......................
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 01:09
eg...
initial deposit : 5000 usd
50$/trade
50*2/5000=%2
I had many opportunities in 1 min chart. only take 2 than stop. R/R = 1/1
what else needed. LIMIT
initial deposit : 5000 usd
50$/trade
50*2/5000=%2
I had many opportunities in 1 min chart. only take 2 than stop. R/R = 1/1
what else needed. LIMIT
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 25, 2012 at 01:11
summery is I am angry to myself. thats all.
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 01:15
This is what I mean by relax, why get angry?
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 01:15
ok, going to bed. getting up at 2:00 a.m. EST. best time to start getting ready for London open...
