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TranceTrader replied May 17, 2013That's a fantastic generalisation. Can we park this now ross kemp?
Psychology of Trading - What are YOU interested in learning?
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TranceTrader replied May 17, 2013It's not bitch talk, it's just pointing out the obvious. Hopefully you will think twice the next time you're about to post "I'm a fighter, I'd glady take on four chavs in the middle of the night" on a fourm full of adults, it's cringe worthy. Back ...
Psychology of Trading - What are YOU interested in learning?
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TranceTrader replied May 17, 2013You're in no position to make any judgements. Do yourself a favour and mind your own business.
Psychology of Trading - What are YOU interested in learning?
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TranceTrader replied May 17, 2013So not to get too off topic here but you obviously fancy yourself a bit. The likelihood is you would get a slap otherwise you wouldn't be posting rubbish like this on a trading forum. Take it elsewhere bully victim, go and find some "chavs" or do ...
Psychology of Trading - What are YOU interested in learning?
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TranceTrader replied May 17, 2013When you describe it in this nature, it generally means you're not.
Psychology of Trading - What are YOU interested in learning?
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TranceTrader replied May 16, 2013I agree Serenity, good record keeping is vital to success in trading. It takes patience and persistence to build up the records though which doesn't fit well with the get rich quick ideals people have coming into currency trading.
Focus on your mistakes if you want to succeed
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TranceTrader replied May 10, 2013One possible explanation for this may be that in order to reach the point of introspection, you need to have progressed on from the more frequently discussed subjects like finding an system, understanding how to trade, which broker to use etc.. Most ...
Focus on your mistakes if you want to succeed
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TranceTrader replied Apr 25, 2013Long EURGBP@ 0.84795 - Risk ~2.19%(10.9p) - Reward ~2.2%(11p) - Result -2.34% The above is what happens when you leave a pending order in play ahead of big news (in this case UK GDP rose by 0.3%). Another mistake for this painful series. 1 active ...
Trading for a Living
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TranceTrader replied Apr 24, 2013Yesterdays Trades: Long USDJPY @ 98.64 - Risk ~1.5%(21.5p) - Reward ~2%(28p) - Result +1.88% Long EURGBP @ 0.8535 - Risk ~1.1%(11p) - Reward ~2%(20p) - Result -1.10% Short USDCHF @ 0.9395 - Risk ~1.36%(19.5p) - Reward ~2%(28p) - Result -1.33% Short ...
Trading for a Living
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TranceTrader replied Apr 22, 2013One from earlier: Long USDJPY @ 99.235 - Risk ~2%(15p) - Reward ~2%(15p) - Result - 1.97% Back up and running now so should hopefully have more soon!
Trading for a Living
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TranceTrader replied Apr 19, 2013video Quality mix to bring in the summer.
What kind of music you hear while you trade?
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TranceTrader replied Apr 17, 2013I've just filled in a withdrawal form for dukascopy... had enough of them. Signed up to LMAX earlier, instant accept and instant deposit from card not to mention cheaper commissions... lets hope the transition is smooth! Time for my bed, catch you ...
Trading for a Living
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TranceTrader replied Apr 17, 2013I struggled finishing 'Trading in the zone' ..twice. It's full of great material but the I found all the pseudo science distracting. For the good parts alone I strongly recommend it to others. On the other hand, I have watched his presentation "How ...
Trading for a Living
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TranceTrader replied Apr 17, 2013Long EURGBP 0.85955 - Risk ~1.2% (12p) - Target 2% (20p) - Result -1.15%
Trading for a Living
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TranceTrader replied Apr 17, 2013I think we "think" alike. Mark Douglas by any chance?
Trading for a Living
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TranceTrader replied Apr 17, 2013Long GBPUSD 1.5232* - Risk ~1.82% (14p) - Target 2% (15p) - Result +1.97% * (I'd put the TP of 1.5247 down as my entry originally but have correct it with actual entry price) Edit: I'm concious this is your journal and I'm spamming it, apologies.
Trading for a Living
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TranceTrader replied Apr 17, 2013Just seen the US mortgage applications were up, possibly the reason for the bearish action. I don't pay much attention to news (apart from NFP, I get out ahead of it)
Trading for a Living
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TranceTrader replied Apr 17, 2013I had an entry on around that price, just hit SL now. Long EURUSD 1.3153 - Risk ~1.47% (21p) - Target 2% (28p): Result -1.40%
Trading for a Living
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TranceTrader replied Apr 17, 2013I guess my reasoning for thinking that way is due to a (possibly flawed?) probabilistic attitude over the random distribution of wins and losses. Till now I've found it helps me accept my losses as inevitable and even learn to expect them (unless I ...
Trading for a Living