lukx zline trading log + cfabian p.35 + adaseb p.48

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MightyOne
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Postby MightyOne » Tue May 11, 2010 9:09 am

bacoazul wrote:Hey guys any of you know any good
mt4 tester were you can test multiple
TF's at same time??


Test?

If you see it working then it works until it doesn't.

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lukx
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Postby lukx » Tue May 11, 2010 9:17 am

yeah but when it stops working how to find the thing that will work, and by the time you find it it might also expired and you'll be running in circles, like I do :)

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forexbob
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Postby forexbob » Tue May 11, 2010 9:19 am

MightyOne wrote:Quick show of hands

Who does not make at least 10% per week?



yes i must confess, not yet

only trading parttime and only 1 pair EU, but managed avg 1% a day the last months.
which is good for adding a zero in a year.
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MAXiMUS_
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Postby MAXiMUS_ » Tue May 11, 2010 9:42 am

Hiya guys, All I can tell is that MO is absolutely right about gains more then 10% in one week. It's simple. Just follow the rules. Your risk can't be bigger then 2% of your account. When I'm doing 10 pips trading "rat reverse" it is my +2%. When I'm trading Z-lines or NLA with Dragon Tunnel my 2% is 20 pips. Yesterday I made 97 pips in just 2 trades And it was almost +10 % deposit. But Sometimes you have to lose, and if you lose ( for sure) you will lose 2% or maybe 1% depends of your MM.
This strategies NLA, DTB or Z-lines are very profitable so it is very difficult to lose 10 times in a row. When I started TRO rat reverse I haven't any loss 1 month ! :) It's very simple...know the rules, follow them and have good MM...
Today I'm a bit busy to focus on FX but I will in the evening :) Good Luck
"It is stupid to fight a battle that you cannot win, and you cannot win unless you have properly planned for it". - Sun Tzu, The Art of War

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MightyOne
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Postby MightyOne » Tue May 11, 2010 9:58 am

lukx wrote:yeah but when it stops working how to find the thing that will work, and by the time you find it it might also expired and you'll be running in circles, like I do :)


I can only tell you how I do it.

I make a simple observation and trade it as if were scientific fact.

If it does not work then I will know soon enough.

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es/pip
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Postby es/pip » Tue May 11, 2010 10:15 am

adaseb wrote:
es/pip wrote:
adaseb wrote:Image
Image
Image



you dont want to know--- too large to talk about 8)

honestly i have no idea havent looked yet

still trading asia

6am- 1130 am prob in the 150-225 ish range( honestly have no idea but it was very large) ---

traded some scalps 4-6 am but not much--- was working on other things

80 ish or so in asia tonight


nice day------ u r killin it 8)

nice work :D


yeah these m5 scalps sure bring in some nice extra income.

the weird part about is that i tried trading this way before in April and it was tough. I would either finish negative, at breakeven or at a small 10-20 pip profit after like 10 trades.

dont know why it works better now



it is just because you start to see things after you spend more time watching how price moves.

i would imagine it will get better and better for you

8)
Bend over and assume the position for another 4 years of hope and change.

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bacoazul
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Postby bacoazul » Tue May 11, 2010 10:25 am

MightyOne wrote:
bacoazul wrote:Hey guys any of you know any good
mt4 tester were you can test multiple
TF's at same time??


Test?

If you see it working then it works until it doesn't.


i just want to play with forex a little, im bored
These are my principles. If you don't like them, I have others.

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Braathen
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Postby Braathen » Tue May 11, 2010 10:31 am

Bored??? u should be 100 pips up and looking for price to break low :P
oh.. and while we speak!
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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es/pip
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Postby es/pip » Tue May 11, 2010 10:45 am

lukx wrote:
MightyOne wrote:
lukx wrote:+ or - :) i'm doing it easy but -10% an hour :)



When you focus on the money that is when you lose it.

If you take a trade and you fear taking a loss then you have already lost before you even started.

Repeat after me:

I do not care about money

I do not need it

I do not imagine what I can buy with it

I do not imagine how it can change my life

It is worth less than a used coloring book...to everyone.


The second problem is believing that you should lose.

A friend of mine would say,"If I believed that I would lose then I would not have placed the trade."

You can push buttons all you want but that does not mean that you believe in yourself and the reasons for placing the trade.

What do you think this trade is going to bring you? Based on what exactly?

How many times has your account been up by 50% and you say something like "I can't believe that I am making money" and low and behold you start losing it all back again.

Repeat after me:

I can win, I should win, I am making it happen right now.

Holy s**t I am winning! Of course I am...why wouldn't I.


Notice that the "repeat after me" is positive reinforcement.

If you do not believe then you cannot achieve.

I know it sounds hokey, but what comes out of your mouth and what you tell your self directly impacts your success.

Success is not about chart patterns, it is about your psychology and the application of what is true.


It's hard to change this mental behavior when you are 30 :)
You Americans are raised differently , parents are telling you since you're little "you're grate, you're awesome, fantastic" so I guess it's easier in forex for you USA guys:)


i have told you how to fix your mind, but u dont want to listen, u still insist on doing it your way.

so you are still having the same results
Bend over and assume the position for another 4 years of hope and change.

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bacoazul
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Postby bacoazul » Tue May 11, 2010 11:05 am

Braathen wrote:Bored??? u should be 100 pips up and looking for price to break low :P
oh.. and while we speak!


Hehe, with the pass of the days my trades
are more and more long term, so i have
more and more free time.
8)

And why you say 100??
These are my principles. If you don't like them, I have others.

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