MightyOne wrote:TygerKrane wrote:Sitting in front of a computer for 14 hours a day is not play time PRO.
Hi Mighty One,
How much time do you spend on the computer when you actively trade? I ask because it looks like you mostly trade off of the 4hr charts. Do you set price alerts near your ZL's & Mighty Zones, return to your computer when the alerts are activated and then Set It and Forget It??
Or do you use limit orders that automatically set your stop loss when triggered??
I spend just about all day and all night within sight of a monitor.
I do not trade off of 4H charts E-V-E-R-!
I trade days, weeks, months, and years.
I do not have a stop loss, just a maximum weekly loss.
I do not use Mighty Zone or the Zero Lines within.
My love story with forex started with my first experience with a forex mentor called Martin, a good guy I believe selling his own charting software which in the end I didn't take to. Here's his story ... he went bankrupted trading forex and got thrown onto the streets with a young wife and 2 young kids, no food, no money, his life and more importantly, the lives of family were in his hands. He was in a world of serious hurt but to cut it short, he worked hard to build his tattered belief system up, started trading again and eventually discovered truths about the markets that eventually made him very successful. Now retired, immigrated to NZ, bought some land, built his castle and living the way he wants.
That's my first experience with trading and after I heard his story, I found it inspiring and today this is the thing that keeps me in the game no matter what losses I incur.
I would dearly love to hear your story MO of you and how you are made up. We all know you to be a unreal trader but I only can see you through a technical sense if you see what I mean. I just find these personal insights more inspirational than just looking at boring charts here and there. No problem if you won't or can't as you have done more than enough for us.