Never Lose Again

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Patch
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Postby Patch » Tue Aug 11, 2009 2:51 am

dragon33

Thank you for what you wrote at 4.11 this afternoon, great encouragement.

I've been looking for an id phrase. Would you mind if I barrow and use: "What i can lose, i can win" ?

Patch
In the DTBsMobile
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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MightyOne
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Postby MightyOne » Tue Aug 11, 2009 2:52 am

Patch wrote:es / pip (ster)

The one thing I see is how easy you, and MO and Monolisa and many others make this trading stuff look easy, effortless and fun. The thing I don't see is all the work, study, hard lessons and discouragement you went through, and kept going through until the lights went on and you see.

Thanks for persisting and persisting and now helping light our ways,

Patch

I can't wait to sign off

Patch
The Pipster
In VA


Never lose more in a day than you can make in a day.

Pay your self a percentage of your profits every week or after increasing your account by x%.

Go for a small gain (10-20p) before trading for a large gain.

Almost always demand a better price to enter into a position.

If you increase your account to a number that has ANY influence over whether or not you take a trade then cut your account size in half.

You may be fooled in one time frame, but you cannot be fooled in every time frame; always check the higher TF momentum.

Not all momentum is tradable, sometimes you need to wait for even greater momentum within the current time frame and other times you need to wait for even greater momentum within a larger time frame.

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es/pip
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Postby es/pip » Tue Aug 11, 2009 3:07 am

been up for over 24 hrs, with a couple unintentional naps sitting straight up in my chair:D


crazy a$$ day to say the least

my eyes look like i have been on a 2 week bender-- havent drank anything either :shock:

Image

Image

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

pierre23
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Postby pierre23 » Tue Aug 11, 2009 3:10 am

pierre23 wrote:Only had one trade last week, been busy at work =[

good for 119pips. We'll see how the next zl turns out.

Image

I've been skimping through the DOP posts, at first I thought that this topic may be beyond me.. but I think I'm slowly getting it. Keep up the good posts.


Bingo. Had a max drawdown of 25 which was ok by me, but ideally I shouldnt have had that much even.. I entered too early based on the hourly tf. Wish I could have my FULL concentration on it, would have been able to get in at a better price too... thats the disadvantage with trading at work unfortantely. I see I'm not the only one who took this trade =)

Image

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MightyOne
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Postby MightyOne » Tue Aug 11, 2009 4:50 am

es/pip wrote:been up for over 24 hrs, with a couple unintentional naps sitting straight up in my chair:D


crazy a$$ day to say the least

my eyes look like i have been on a 2 week bender-- havent drank anything either :shock:

Image

Image

Image


Try to train your self to only sleep 4 hours a day :wink:

That is:

14 hours of trading

4 hours of sleeping

&

Three 2 hour breaks :lol:

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MightyOne
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Postby MightyOne » Tue Aug 11, 2009 4:52 am

pierre23 wrote:
pierre23 wrote:Only had one trade last week, been busy at work =[

good for 119pips. We'll see how the next zl turns out.

Image

I've been skimping through the DOP posts, at first I thought that this topic may be beyond me.. but I think I'm slowly getting it. Keep up the good posts.


Bingo. Had a max drawdown of 25 which was ok by me, but ideally I shouldnt have had that much even.. I entered too early based on the hourly tf. Wish I could have my FULL concentration on it, would have been able to get in at a better price too... thats the disadvantage with trading at work unfortantely. I see I'm not the only one who took this trade =)

Image


I think that we all had our eyes on that trade :roll: :wink:

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Postby fx_disciple » Tue Aug 11, 2009 5:41 am

@es/pip

I noticed your e/j charts have a fixed grid by 10 (137.75 , 137.85 , 137.95 , etc) and several other traders here also have lines similar to that. I tried to look for it in the setting but it doesn't seem to appear anywhere. Is that an indicator? can you please tell me where to find it? It'd be nice to have a cleaner chart and easier to read too :)

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Postby prochargedmopar » Tue Aug 11, 2009 6:54 am

Momo trade long.
Didn't hold for all the potatoes(don't eat those anyway) but I got a few pips out of it.
Momo was on M15/M30/and H1 chart at hr close.

EUR/JPY 1 B 136.833 136.956 12.3 1.27 0.00 8/11/2009 02:02 8/11/2009 02:15


Image
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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dragon33
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Postby dragon33 » Tue Aug 11, 2009 7:25 am

Patch wrote:dragon33

Thank you for what you wrote at 4.11 this afternoon, great encouragement.

I've been looking for an id phrase. Would you mind if I barrow and use: "What i can lose, i can win" ?

Patch
In the DTBsMobile


"YES YOU CAN" lol

It is there for people who can use it. It helped me so i guess it can help other people!

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***FX-JEDI***
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Postby ***FX-JEDI*** » Tue Aug 11, 2009 9:37 am

***FX-JEDI*** wrote:Just testing USD/JYP I expect it to retrace down a bit now, not much tho I think..
97.074 level seems to be holding 3 hit on this level so far, & after 3 bearish candle I expected price to retrace back up a bit, on the HR there is 2 Bullish KR candles, current 2nd bullish KR candle hit my sell limit. so am in.
Daily is still bearish.


Hmm.. this is what happened after entry..
got stopped out after having a pretty tight stop, silly me.
but there was some other good entries after I put in pic
Attachments
Screenshot - 11_08_2009 , 7_13_06 PM.png
Screenshot - 11_08_2009 , 7_13_06 PM.png (204.55 KiB) Viewed 1474 times
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....

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