ZEN archer
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I personally think its crucial to be picky... Not being picky can be costly.
Very boring, but that's the only way IMO
I personally think its crucial to be picky... Not being picky can be costly.
Dom
Its not enough to say its on the chart etc,its too vague and open to discretion. It is a live call thread as mentioned many times before. All you have to do is put the entry price as you take it with a stop. All trades are 1 lot unless stated so if you add in its double. I always start with two lots and take 1/2 off etc and count double if I lose,but it doesnt really matter,we are not competing here, no one knows what you are really trading,the important thing is that all the calls have to be in the required format with entry price at the time of entry with a stop. It is the sole purpose of the thread.Lately we have seen some good traders and keen learners leave the thread because of the ambiguity of what is written. Please show us how good you are in a simple and understandable format we can easily read. Thanks
If this works for you in the long run then fair one.
I personally think its crucial to be picky... Not being picky can be costly. When you`ve mentioned "..why this happened or that happened." I understand what you mean, however, if you have (not saying you don't) sufficient information from back testing, demoing, journal etc. you wont have that level of discretion to speak freely on whether or not you `think` its good or bad trade opportunity... Should be based upon hard facts and this is the process I go through but am still learning as I miss things (FTSE trade for example)
Dont get me wrong, i`ll take trades that were perfect but simply didn't work, but I am aiming for this to happen as little as possible. The other work brings in the money
Each to there own though if it works
eggs, suck, teach, grandmother....?
Hey man, your thread, your rules.
I`ll post just the entry at the time then...
I only assumed from one of your previous posts that it was ok for me to share how it is I trade... Im not competing with anyone and nor do I think I am the best, as a matter of fact I was looking for some open discussion on peoples positions and the reasons for why people have taken them ( and General Chat Lounge)...
Im sorry if i`ve got off on the wrong foot with people if that's the case?
Sorry
(just regarding the line i`ve highlighted in bold, I dont see how my forecasts on where I have an order in to take action is in anyway vague of my intentions, especially when I post AT THE TIME of entry on here as well, with stops AND targets.... I respect the format you want either way)
LONG ENTRY- $JPY
Entry - 79.750
stop - 79.533
Target - 80.000