My boring daily log

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v8power
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Re: My boring daily log

Postby v8power » Tue Jun 14, 2016 3:06 am

Sacrophage wrote:Good job V8 - another space traveling beast! I have a V10 :lol: and been lifting solid for 27 years! Now to work on my manual trading...

s**t nust now read this post as i took a leave of absence. U ever compete and u seem like a full fledge car guy by your post. Just reply in the new thread to condonse

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v8power
rank: 500+ posts
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Re: My boring daily log

Postby v8power » Tue Jun 14, 2016 3:47 am

sinchena8 wrote:Hi V8,

Firstly, I would like to say a BIG THANK YOU for your posts on PRO's forum because as you were advising him, the light bulb in me lighted up on how to trade MO, ES/PIP and Dragon's method. I've been reading, re-reading......and was still re-reading their posts till I saw yours and I started practicing what you said to PRO. And AHA!!! I got it finally :idea: !!!!! And I hope this will end my agony of having lost my pants 3 times since 2009 when I first started trading and reading forums in Kreslik. :cry:

I have a qn about your very first chart on this forum and hope to have your advice.

Image

Pardon me if this post doesn't come up well as this is my virgin post :shock:

Thanks in advance!

If I remember right it was just a rat trade in a mz. any further questions please post in new thread thanks

v8power
rank: 500+ posts
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Re: My boring daily log

Postby v8power » Tue Jun 14, 2016 3:51 am

sinchena8 wrote:Hi V8power,

This is my first trade of the day in the quiet Asian market hours.

This are my entry bases:

1. Momo bar formed
2. Price (denoted by Green bar) retraced but pinned off
3. I waited for another red bar to close
4. Both green and red bars closed below yesterday's low.

Having lost for so long, I didn't have the courage to hold till the next 50% fib level so I exited with a very tiny profit :lol:

Your suggestion on how I can do better is most welcomed.

Image


You can have a small win, small lost or huge win. I condider a small win the same as a small loss. I had the same problem but what I noticed was that when I closed my trades price would end up going my way. So I always take a stop or take a profit

v8power
rank: 500+ posts
rank: 500+ posts
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Joined: Fri Oct 17, 2008 8:20 pm
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Re: My boring daily log

Postby v8power » Tue Jun 14, 2016 3:57 am

PeterBerregi wrote:Mate! WTF! Are you serious? Why on earth has someone asked you to leave?

The newbies and gumbies (of which I am card-carrying member of both groups) are all here to learn - no matter who is giving guidance/help.

Was really enjoying yours posts. I am really disappointed.

I was hoping someone could point me out to what the rat-trade is. Is this from TRO's "DRAIN THE BANKS - LIKE A RAT" or is it something else. HAving difficulty tracking this down on Kreslik as I get too many hits when trying to search for it.


see new thread

PeterBerregi
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Re: My boring daily log

Postby PeterBerregi » Tue Jun 14, 2016 5:14 am

Thanks v8. Already found it and loving it.

Thanks for coming back :D

For those that haven't found it, it's here:

https://www.kreslik.com/forums/therumpledone/the-idea-s-we-trade-by-so-we-never-lose-again-p2-the-students-become-the-masters-t11993

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