IN ORDER TO WIN AT TRADING...

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oldmangeezer
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Michael Jordan Quote

Postby oldmangeezer » Fri May 28, 2010 10:34 am

Michael Jordan Quote

"I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."

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jarnapal
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Re: Michael Jordan Quote

Postby jarnapal » Fri May 28, 2010 11:26 am

oldmangeezer wrote:Michael Jordan Quote

"I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."


I love it. Thank you for posting it here!

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bredin
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Postby bredin » Fri May 28, 2010 10:53 pm

yeah, Im getting may bad trades out of the way now, before the lotsize goes up too much :lol:

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Postby fxfreddie » Sun Jun 06, 2010 10:39 am

Vince Lombardi
"If you can't accept losing, you can't win. "

http://www.wow4u.com/vince-lombardi-quotes/index.html

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TheRumpledOne
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Postby TheRumpledOne » Mon Jun 07, 2010 10:57 pm

Hey Freddie:

Good to see you, amigo!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Wed Jun 23, 2010 6:39 am

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



Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby tfg » Wed Jun 23, 2010 12:08 pm

Avery, you advocates 2 per cent daily profit target. Do you have a daily percentage target (or limit rather) how much you will allow to lose before you quit for the day? Should we have such a limit?

e.g. If I only risk 2% on each rat trade of 10pip SL, three consecutive losers will add up to 6% wipe out of the account for the day.

I am tempted to set a daily loss limit....Comment please

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TheRumpledOne
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Postby TheRumpledOne » Wed Jun 23, 2010 3:28 pm

Yes, you should have a daily loss limit.

If you have 3 consecutive rat reversal losers on the same pair then you should QUIT because you are not doing something right.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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xtremeforex
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Postby xtremeforex » Wed Sep 15, 2010 11:37 am

"What is a loss?" is the question. What is perceived loss is another matter.

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