2009.09.10 DRAIN THE BANKS - LIKE A RAT

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bredin
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Postby bredin » Tue Feb 09, 2010 1:14 am

What helped me was to try to take 2 or 3 pips to begin with, then i could see that a 2% (10 total pips) gain could be grabbed in an hour or so. Then when I had this down I began to see when I could hold for more, based on PA alone.

Also I saw that 5 minutes can be a very long time :)

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G
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daveM
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Postby daveM » Tue Feb 09, 2010 1:18 am

5 minutes can be eternity.!!

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bredin
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Postby bredin » Tue Feb 09, 2010 3:24 am

Heh, especially if your trade is wandering around between -4 and -8 pips and your brain is screaming "Go damn you, go!"

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TheRumpledOne
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Postby TheRumpledOne » Tue Feb 09, 2010 12:36 pm

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OPPORTUNITY...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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gangsta1
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Postby gangsta1 » Tue Feb 09, 2010 1:08 pm

I had four losers in a row then made back nearly all my losses in one big trade. I then atttempted to enter a trade that would have resulted in my daily target only to get requoted in a terible way. I must say that was with my Alpari UK account not MBTrading. No wonder Alpari has such a bad rep.

Of course this is not a one off, it happens VERY OFTEN.

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daveM
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Postby daveM » Tue Feb 09, 2010 1:45 pm

You just have to catch the OPPORTUNITY ... that made a huge gain today

Looks like it is posted at a similar time each day.

A person could make his target on that one signal.

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Postby gangsta1 » Tue Feb 09, 2010 1:56 pm

Yes I agree we could reach our daily targets on that one signal, its just a matter of being able to suffer the losses prior to that. Some may say the losses would be avoided by cutting trades short but if that is the policy adopted then there is a VERY high chance of the winner being cut short dont you agree?

P.S. What broker is everyone using? I am moving funds from Alpari to MBT, inevitable really.

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TheRumpledOne
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Postby TheRumpledOne » Tue Feb 09, 2010 2:15 pm

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RESULT.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Feb 09, 2010 2:15 pm

When will traders learn?

USE LIMIT ORDERS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Feb 09, 2010 2:19 pm

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RESULT.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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