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- philemon123 replied Jun 10, 2021
I discoverd that is impossible to lose money in forex if you want to lose it. You can't lose money if you want to lose money, you can only lose money if you want to make money. I read somewhere that if you have a risk to reward of 1:5 you only need ...
- philemon123 replied Oct 14, 2020
trading is very challanging since this month started i have taken two trades one a loss and one small win, i am down -0.8R for the month. Meanwhile i see big moves happening in the market, i feel like system hopping or trading smaller timeframes but ...
- philemon123 replied Sep 22, 2020
"Not losing is gaining" i wait for my setup no matter how long it takes. happy trading
- philemon123 replied Sep 14, 2020
the hardest thing for me in trading was patience,to wait for my setup to occur. After examining my beliefs about trading,i had a belief that if i don't trade for the day or week i have not worked,i felt like i wasted my time.This belief made me fear ...
- philemon123 replied Sep 4, 2020
hi,one of the things that kept me stuck in this business so much is focusing too much on the setup,rather than the context of the setup.I would study the best pinbar setups take them and wonder why they were not working.until i learnt the best setup ...
- philemon123 replied Jul 22, 2020
Thanks for the reply. I use a checklist in all of my trades, but there are times when I feel this trade does not feel right. Maybe the price action on the Ema does not feel right. Later on I realize my intuition was right I learn from the experience ...
- philemon123 replied Jul 22, 2020
Hi keenpips I was going through my journal, before I enter a trade I usually write how I feel about the trade. I have come to notice if I feel bad about a trade even if it meets all my criteria it usually fails, and when I feel good about a trade it ...
- philemon123 replied Jul 15, 2020
I was that kind of person for years but after years of struggling I had to adapt or quit trading, even bid traders making loads of money still review and improve. One thing that also took me time to understand was psychology vs edge. I thought my ...
- philemon123 replied Jul 14, 2020
I have come to realize that trading is about constant improvement, I can never say that I have mastered trading, the market just keeps on teaching and teaching, thanks keen pips for reinforcing that to me through this thread. Losses are my greatest ...
- philemon123 replied Jul 8, 2020
Keen pips thanks for starting this thread really informative. One of the things that made me take long learning this craft was not sticking to one setup. My system has four setups, I started making money when I stuck to one setup. I started ...
- philemon123 replied Jul 3, 2020
I think a new trader should not start focusing on one or two systems, when I started out i was told to focus on one system it was in a 15min time frame, I failed on the 15 min for five years, till I changed the time frame. Every trader has a ...
- philemon123 replied Jun 6, 2019
Hi moty limited tp and unlimited sl . you have unlimited risk. If its making you money it's OK but if not.
- philemon123 replied Mar 26, 2018
I have been carrying backtests in dibs on four hour charts,I came up with an exit strategy,demo traded it for four months and forward tested it for three months in a small account.I also have three year of backtests,exit is the secret. Personal mail ...
- philemon123 replied Sep 8, 2017
Here is one from last week
- philemon123 replied Sep 8, 2017
Hi all I have been practicing DIBS on demo for two weeks on 1hr and 4hr charts.its very easy and promising, plan to demo it till the end of the year.here is a trade am currently in on the 4hr chart.
- philemon123 replied Jun 10, 2015
Thanks alot zamfir.
- philemon123 replied Jun 9, 2015
Hi zamfir thanks for your reply.I have a small live account that i use for practice.I usually target 150-300 pips per trade sometime more or less depending on the situation.Basically i target larger moves while trailing my stop behind the previous ...
- philemon123 replied Jun 9, 2015
Hi zamfir thanks for the help yu are giving. Been studing your chats for a while,how do you lock in your profits on a daily chart.do you use trendlines to trail your stop or trail them on the low of the preveous bar if uptrend. And how do you ...
- philemon123 replied Feb 11, 2015
Thanks mike and gasgas for your advice,will start working on it,i still have much to learn. Cheers.
- philemon123 replied Feb 10, 2015
Hi mike and all,i have been wondering how does a grade A pinbar look like,the ones which are almost guaranteed 100% money in the bank.I am just over break even and am thinking if i can get super picky i can be far ahead.i would like to get your ...