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"Just Oil"
Oct 13, 2012 at 08:13
(已編輯Oct 13, 2012 at 08:15)
closed all positions before close but aud/nzd, again closed nzd/usd short by mistake but will reenter if price action confirms.
been thinking that it requ9ires mental calmness to see 8% unrealized in floating profit and do nothing. it just was not enough there to take profits. most of trades even did not give 1:1 and few 2:1 but this is not what I am aiming at. I know that when markets takes off and I am in I can rack huge pips again. this helps to go through such periods. in any case I am already seeing in what situation I should close trades before ma's cross against me. During last run I left too many pips on the table. almost 300 pips on e/u alone which is 3%. ma's cross is a signal to close trades only in stellar steady trends. like eur/aud, eur/nzd and aud/cad has been. situation is range reduction and triangles are forming everywhere especially on eur based pairs. market might decide which way to go soon. I must be in when it does.
been thinking that it requ9ires mental calmness to see 8% unrealized in floating profit and do nothing. it just was not enough there to take profits. most of trades even did not give 1:1 and few 2:1 but this is not what I am aiming at. I know that when markets takes off and I am in I can rack huge pips again. this helps to go through such periods. in any case I am already seeing in what situation I should close trades before ma's cross against me. During last run I left too many pips on the table. almost 300 pips on e/u alone which is 3%. ma's cross is a signal to close trades only in stellar steady trends. like eur/aud, eur/nzd and aud/cad has been. situation is range reduction and triangles are forming everywhere especially on eur based pairs. market might decide which way to go soon. I must be in when it does.
Oct 17, 2012 at 18:28
have 7 trades running now. had been whipsawed around for 3 weeks now. Now trends might be starting. I only do not like how Cad based pairs reacted which I have 2. eur/cad is making deep pull back. been +220 pips now only +120. stop to BE. might get stopped.
Oct 20, 2012 at 13:59
Half of my losses as I see it is cause of being in and out of trades. some are actually in profit and are trending. will stop doing this until I get a signal to close. also I am looking to start adding to winners. gonna add one more position to winning one when the first position i safe and stop at BE
會員從Jan 14, 2010開始
541帖子
Oct 25, 2012 at 15:31
Chikot posted:
up and down, horrible whipsaw. I wonder when this is going to end and give some trends. takes time. Bad luck I started in this period.
Yeah, its happening all across the markets. I think its a combination of the world economy and the year coming to an end.
Oct 26, 2012 at 04:57
Yeah, looks like it continues. No continuation on now move.
Almost all my trades goes into profit and nothing develops into new trend.
The problem is that attempts must be made all the time otherwise when trends do start trader can be left behind with only losses form ranging market left. Tried to add to winners but until clearly trends are on no way.
James_Bond posted:Chikot posted:
up and down, horrible whipsaw. I wonder when this is going to end and give some trends. takes time. Bad luck I started in this period.
Yeah, its happening all across the markets. I think its a combination of the world economy and the year coming to an end.
Oct 26, 2012 at 16:19
again down and up. have been half of my DD in unrealized profit. takes some balls not to take it while taking losses for weeks. i was once more than I had then in DD and still did not take those profits. On the other hand I think there might be some idea to have some kind of strategy which benefits form this as I have many times in profit ranging form 4% to 10% with trades then gone to BE or small losses and completely new trades taken.,
However, as I am trend trading if I start changing this I will miss trends when they start.
The guy who posted his crap here has no understanding of what I am doing.
However, as I am trend trading if I start changing this I will miss trends when they start.
The guy who posted his crap here has no understanding of what I am doing.
Oct 26, 2012 at 19:10
(已編輯Oct 26, 2012 at 19:13)
You say you are trend trading, but why are you opening and closing so many trades per week? If you trend trade then your stops (automatic or mental should me wide enough) I understand that you want to catch the big wave but by doing so you will lose little by little and it can take a while for the big wave to come..I am experiencing the same problems right now and it's difficult sometimes to synchronise your trading and the plan you have in mind
I think you should take your profits more quickly since you are opening so many trades per week, you will be profitable and that's the only thing that counts.
mino
I think you should take your profits more quickly since you are opening so many trades per week, you will be profitable and that's the only thing that counts.
mino
Oct 26, 2012 at 20:24
minosd777 posted:
You say you are trend trading, but why are you opening and closing so many trades per week? If you trend trade then your stops (automatic or mental should me wide enough) I understand that you want to catch the big wave but by doing so you will lose little by little and it can take a while for the big wave to come..I am experiencing the same problems right now and it's difficult sometimes to synchronise your trading and the plan you have in mind
I think you should take your profits more quickly since you are opening so many trades per week, you will be profitable and that's the only thing that counts.
mino
Sometimes I make mistakes like with cad based pairs, closed them. should have left running. but say many trades I closed they just would turn losers on my full stop. look at my gbp trades. been in profits but once price returned above trend lines which I used to enter additional trades I knew it was reversing which it did. channels. I am trying to keep trades running that are trending and making lower lows or higher highs. some psychological aspect also involved as I started and most of the time we are in ranging market since July. I need to admit that you make sense talking about taking profits but it would not make me a trend follower. I have been in floating profit all the time. Need to stay with trades though. I actually have plan how to trail trades, but so far no trends so I have nothing to trail. It becomes tiresome to see 100-200 pips trades going into ground. on the good side I do lose little per trade. only 3 went this month to full size stop.
what I need to do is to stop watching trades all the time.
