mathew.luk

Hi Ghizlanetz This is a free platform Incredible Charts: Free Charting Software that I used to use. It should allow you to view multiple charts over 5 yrs time frame but you do need to register and download the software. I haven't come across a web site that does what you mentioned. But hope that the above site helps you.

Great thread bootstrap. Definitely great points, especially 4 to 10. That passion and commitment for trading right there, is gold! Thumbs up!

NLP,, gez sorry to be a hater but I think it is just a scam for weaker minds... sure those "salesman mentor" got a few mind tricks or "advices" down their sleeves to help you give through a few mental blocks, but deep down... are they the real deal? I'll say NO! It is normal to have fear when you trade. However, if the fear is so great that it affects your judgment, analysis and execution then the loss is way too big for you to swallow. You should reduce your position size or don't even trade at all. I know I am being blunt, you can use other things to convince yourself it is otherwise but losing is part of trading. If you have back-tested your "edge" and you are committed to be consistent with your trade execution, then the fear should gradually lower as your trade. (but not disappear, disappear this is a bad sign for me personally)

Hey TheRumpledOne Thanks for the invite, I am in a different timezone so I focus on stocks primarily. Saw some of your threads, particularly 'Never Lose Again!!' Looks like you got some petition going there!! To some extent your point is correct, I do agree that part of profitable trading especially in FX, is about getting in at a (favorable) entry point then using stops correctly. I do the same when i trade indices. I won't say it is easy, but things can be that simple, people just need to do it consistently. Just a quick question, it seems like some of your indicator's trigger is similar or based on the concept of Heikin-Ashi? Correct me if I am wrong.

It depends, for me it is about 2-5% of my capital. I think it really depends how much you are willing risk/lose for each "chance" to win. For me I just see each trade as a probability to win, but never as 100%. You can always improve your probability of each trade by looking for techniques/setup that historically or statistically yield higher returns. However, no matter how good I think my chances are with a trade, I always keep in the back of the mind whatever I trade might next day have a chance to big go against me in a really bad way so I never take a massive position. It is really back to the basic, the trade off between return and risk. As to investing everything in one trade that you are 100% sure of, well I used to do it when I started trading stocks with about 5k. I didn't really had any option but to be aggressive. Once I build up my capital, I don't use that money management approach anymore. And if you can find these 100% sure opportunities consistently over time, sure. Otherwise this "all in" approach is more likely to do you more damage than good in the long run.

Thanks Siuya! Read through quite a bit of his blog just now, definitely a worthwhile blog!! Your friend is very familiar with chart pattern trade setups. Looks like he is very consistent with his entry and stops. Good for him!! Cheers

Manohar, Dude, no offense. I might post in the beginner's forum. Doesn't mean I am a newbie... Focus on trading bottom & tops???... well surprise surprise, I got a tip for you, learn to read bar chart and understand price action... I got books about chart patterns and stats about them. I don't really use them anymore but if you truly understand probability in trading you wouldn't just limit yourself to a few patterns. You don't need to mess around with Multi Time Frame to trade a stock or future profitably .... you can do just fine looking at ONE time frame, providing you have a sound technique. Best of luck with your trade

Hi Everyone!! Read many threads but this is my first thread in Traders Laboratory. I have been trading for about 9 years in shares. Currently looking for a trading buddy/mentor with similar experience or market understanding and commitment to improve trading, so we can share and learn from each other. (Please refer to my profile for details my trading style). I live in Sydney and love the opportunity to meet similar minds in person or via email/skype. Cheers