Never Lose Again

[TheRumpledOne]

The crowd-following
characteristics of the sheep, combined with
the greed of the hog, characterises most
losing traders in the market.

- Windsor Advisory Services

[TheRumpledOne]

It is clear that knowledge of oneself is
just as important in trading as knowing
facts, economic theories, news or trading
methods. In the trading world, often
emotion reigns supreme, facts are ignored
and there is no wrong or right. The person
who has control of himself due to his
discipline and emotional self-control will
ultimately emerge from the battleeld a
winner.

- Windsor Advisory Services

[xmess7]

TRO,
Is it plausible to have like 100% chance of getting 6pips if one uses some hedging combined with the histogram?

Just ideas... that come to mind.

Jess

QUITING THINKING AND FOCUS ON EXECUTION.

The histogram shows HISTORY.. WHAT HAPPENED.

YOU NEED TO FOCUS IN THE PRESENT.

LOL YOU ARE CORRECT!! But right now I have the luxury of thinking. My trading day is over. . So I can think, think, and think... LOL.
The only time I don't THINK is when I trade.
I EXECUTE when I trade.


Just looking for an more edges Bro, tis all.

[TheRumpledOne]

JUST TAKE THE MONEY.

[TheRumpledOne]

Consider the following: If making money
is important to you, as it is to most people,
you will have difculty taking a small loss.
If you bear in mind a trader?s self esteem
and the fact that money is on the line, you
will appreciate the psychological turmoil
this can cause. Prots, on the other hand,
are just as difcult to cope with. When
a large prot occurs, he gets excited, and
the bigger the prot becomes the harder it
is to resist the temptation to take it now.
However, prots need to be run to cover
inevitable losses. In their efforts to avoid
risk, investors actually end up creating it.

- Windsor Advisory Services

[TheRumpledOne]

So the secret of the Gamboni is this: if you
want to win, you?ve got to know the rules;
and also, you can?t win if you?re not at the
table.

- Windsor Advisory Services

[Pipsun]

What exactly are the rules for this system?

Correct me if I am wrong but here I go.

enter trade when 3 or more consecutive bars the same colour on 1hr chart and enter in reversal direction as soon as it moves the other way and aim for 5, 10 or more pips.

It is not clear to me on when to know when trades are worth more pips and should i use limits to tp and set stop losses or trailing stops and at what point should a loosing trade be closed?

Could you clear things up for me TRO? thanks

[Pipsun]

Wow huge spreads, I think i'll stick with FXCM or practice on getting my orders filled with limits, but i usually miss out on moves.

[TheRumpledOne]

Imagine that... the short paid off!

[TheRumpledOne]

What exactly are the rules for this system?

Correct me if I am wrong but here I go.

enter trade when 3 or more consecutive bars the same colour on 1hr chart and enter in reversal direction as soon as it moves the other way and aim for 5, 10 or more pips.

YES.

It is not clear to me on when to know when trades are worth more pips and should i use limits to tp and set stop losses or trailing stops and at what point should a loosing trade be closed?

No one knows. If you want to set TP, SL and TS, that is up to you. Losing trade? How much do you want to lose?

Could you clear things up for me TRO? thanks

You're welcome.