My boring daily log

[v8power]

Good job V8 - another space traveling beast! I have a V10 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

[v8power]

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 !!!!! 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.

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



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

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]

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

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

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]

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]

Thanks v8. Already found it and loving it.

Thanks for coming back

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