Live FX Trades

[wasp 10]

Nice dream but no... normal rules apply.

[firewalker 10]

I have no stop. I'm just going short for the fun of it. Given up! Its all or nothing with this trade... Full leverage. I want 100 pips giving me 100k or I blow the whole account.

 

Sounds a whole lot like things I did in the past :crap:

Problem is I still show tendencies like that after a couple of losing trades. :helloooo:

[cowpip 10]

:rofl:

 

Crap! I was looking forward to :boxing: some sense into you!

[cowpip 10]

:rofl:

 

Crap! I was looking forward to seeing you :boxing: some sense into you!

[wasp 10]

Sounds a whole lot like things I did in the past :crap:

Problem is I still show tendencies like that after a couple of losing trades. :helloooo:

 

:rofl:

 

Crap! I was looking forward to :boxing: some sense into you!

 

 

Tempting as it is sometimes, I did it earlier this year and regret it every day since. Never again.

[myrtleturtle 10]

I have no stop. I'm just going short for the fun of it. Given up! Its all or nothing with this trade... Full leverage. I want 100 pips giving me 100k or I blow the whole account.

 

Tempting as it is sometimes, I did it earlier this year and regret it every day since. Never again.

 

assuming this isnt a joke, you are showing all the same signs of frustration that I am experiencing.

 

however, if you blow your account, you dont get to play again for a very long time.

 

I would have thought that backing off and assessing oneself was the correct move.

 

good luck with your gamble.

[wasp 10]

assuming this isnt a joke, you are showing all the same signs of frustration that I am experiencing.

 

however, if you blow your account, you dont get to play again for a very long time.

 

I would have thought that backing off and assessing oneself was the correct move.

 

good luck with your gamble.

 

I'm not doing it Myrtle, just messing. Re-assess is my priority and perfection my goal. I certainly won't be blowing my load! :shocked:

[cowpip 10]

I'm not doing it Myrtle, just messing. Re-assess is my priority and perfection my goal. I certainly won't be blowing my load! :shocked:

 

 

Ahhhh... But it FEELS so gooooood to blow your load! :o

 

Sorry... couldn't resist.

[wasp 10]

short GJ @ 204.92

 

Out at b/e and flipped to the long with a new level as progressively updating from prior levels.

 

I will probably post less trades now btw.

[cowpip 10]

No problem. I think I can see what you're doing now. I appreciate your help. I would be interested in your pip tallies though, and the levels you switched directions at (if you might be kind enough, when you have the time - even if just pm'd to me).

[wasp 10]

I'll see what I can do but need to concentrate on my trading for a while as things are not going exactly how I would like.

[cowpip 10]

Moved stop to b/e... entry is above resistance (barely), so we'll see if this hourly candle is just a stop hunt (which it probably is given how early in the hour it dropped), or if there is real intent. I'd prefer to cash in down around 203.87.

[cowpip 10]

I'll see what I can do but need to concentrate on my trading for a while as things are not going exactly how I would like.

 

I totally understand, Wasp. No problem.

[cowpip 10]

Moved stop back a little higher to give this some breathing room. 4-hour formed an inside bar. It may retest the upper-side of this bar before choosing a direction.

[JT1 10]

Tempting as it is sometimes, I did it earlier this year and regret it every day since. Never again.

 

http://www.rookiedaytrader.com/classic_rules.asp

 

A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss - that is what does the damage to the pocket book and to the soul.

[cowpip 10]

Closed +81. Long @ 204.05

[cowpip 10]

Misjudged this... stopped for -40. Flat currently.

[cowpip 10]

Long @ 204.73... This will probably retest the base, which will stop me out again and erase all of my profits... we'll see...

[cowpip 10]

Grrr... had to take kids swimming... moved stop to b/e and was stopped out when I got home on a stop hunt. Figures...

[pipMonster 10]

Kids?!? I sold mine for more account funding. :o

[firewalker 10]

http://www.rookiedaytrader.com/classic_rules.asp

 

Classic rules yes, but I don't necessarily agree with all of them...

 

For instance:

"Continually set higher trading goals." :\

 

Otherwise, good link!

[JT1 10]

Classic rules yes, but I don't necessarily agree with all of them...

 

For instance:

"Continually set higher trading goals." :\

 

Otherwise, good link!

 

I only supplied the link to show where i got the one quote from that i was quoting (and endorse), was not endorsing any of the other quotes.

[cowpip 10]

How did you do with your short-term strat, Wasp (not looking for pippage)? I started out well, but ended up in an overall loss. I don't handle waking up several times a night very well, but if I just would have reversed, I would have done just fine. Anyway, price on the hourly and subhourly would attack the S/R lines, fall back and then bust through on the next hourly bar (exactly opposite to what I was planning). Ah well. I've switched back to the 4-hour strat for now. Currently long @ 204.87, but uncomfortable with it given the hammer/pin-bar formation that has formed, suggesting a reversal lower. The last 4-hour bar also closed right on my S/R line (to the pip). Can't split lines, so I looked back in time at how these situations worked out, and found a sufficient number of inverted-hammers patterns closing close to support and then going off in the opposite direction to what the candle hinted, to cause me to go long here.

[wasp 10]

How did you do with your short-term strat, Wasp (not looking for pippage)? I started out well, but ended up in an overall loss. I don't handle waking up several times a night very well, but if I just would have reversed, I would have done just fine. Anyway, price on the hourly and subhourly would attack the S/R lines, fall back and then bust through on the next hourly bar (exactly opposite to what I was planning). Ah well. I've switched back to the 4-hour strat for now. Currently long @ 204.87, but uncomfortable with it given the hammer/pin-bar formation that has formed, suggesting a reversal lower. The last 4-hour bar also closed right on my S/R line (to the pip). Can't split lines, so I looked back in time at how these situations worked out, and found a sufficient number of inverted-hammers patterns closing close to support and then going off in the opposite direction to what the candle hinted, to cause me to go long here.

 

It was about breakeven in the end! Think I will stick with the 240m tbh but just need to be extra careful with marking on S/R.

 

The 30m gives more detail but it was my own fault I screwed up wit the drop yesterday and just need to pay more attention really.

 

I know what you mean though, trading is meant to be about freedom, not 1 hour naps and 24/7 screen time!

[cowpip 10]

Kids?!? I sold mine for more account funding. :o

 

I know you better than that, Jack! You love your kids! That's why you have them in forced employment. Truth be told, it's their pay-checks that are feeding your funding! :o