There are five important keys to victory: Knowing when to fight and when not to fight; There are paths that he must not travel. There are armies, which he should not attack. There are fortified cities, which he should not besiege. There are ...

Journey to consistency

that's unfortunate giving your hard earned pips for platform errors. but giving away happens more often than earning in the world of trading. what was the damage control ?

Journey to consistency

haha. that's embarrassing thanks for pointing that out. I need to get my coffee now. I should have kept my short then, I can do 8

Journey to consistency

thats over 100pips. in a span of an hour. but 12 for the spread ? hmmmm

Journey to consistency

I'm sorry, now I see <end of Dec> it's too early for me to function properly.

Journey to consistency

I dare not take the whole month of Dec off. I still need a lot of training to do. Spread for now isn't much of a prob since I'm still on demo. But I'll be off from 25th until after the first week of Jan I'm thinking around that time there's going to ...

Journey to consistency

I abandoned my short position on Nikkei. What's up with these candles ? and the spread is 12 !!!! it was 8 yesterday at around 8my time, from today I figured I'd stay around by the open thats 1 hour early. But this is what I'm greeted with. A ...

Journey to consistency

I need to work on these numbers. If I'm really starting to learn to dance along, these numbers should change. My account is only 2 days old. And we've got the whole month of DEC to test the waters.

Journey to consistency

Had 2 shorts, entered 3 trades all shorts. 2 winners and 1 loser for the session. Not bad not bad. I had been reading fti's thread "technical analysis fallacy" I read it once few months ago, when I say read I mean just the first few pages < I still ...

Journey to consistency

I keep telling myself that I do not need to "predict" - but I think there's a fine line between prediction and having an "idea" as to where price is likely to head. Having said that I think it's essential to establish where price is likely to head - ...

Journey to consistency

It did go down eventually after failing get above the opening price.

Journey to consistency

But I wonder if he's going to answer at all. I don't know how he's trading now. But from what I've read he talked about trading away from the open, I've also been experimenting with this with DAX and Nikkei with some success and some failure. If ...

Higher Edge within a Single Candlestick

if I may how do you trade ? do you trade away from the open ?

Higher Edge within a Single Candlestick

but sometimes it's hard to see the flow, especially around London open, from what I've observed thus far taking trades 40 or so minutes after the London open saves me from getting all tangled up in the trap the big boys placed to catch us. Maybe ...

The Cat & Dragon - GJ Free House

Another loser on Nikkei. I attempted 2 entries. On the bright side I got the direction and the timing right (timing wasn't too bad) but "fear" , lack of discipline probably all stemmed from lack of experience trading Nikkei got in the way and I ...

Journey to consistency

going out on your own seems to be the only way out of "slavery aka capitalism" unless you have some kind of special talent <singing, sports, dancing etc>

Successful traders are very, very rare to find

Last point I know I can't get away from shitty , choppy sessions altogether. It's bound to happen even with Nikkei, so I'm thinking about setting another rule if I fail on my first entry and price keeps going above or below the opening price, and it ...

Journey to consistency

Another DAX loser. Here's the rule : On any given instrument in any given session I'm only allowed to make 2 entries, if I fail at both <keep in mind the damage control> walk away. That's all I need 2 entries per session per instrument if I fail at ...

Journey to consistency

8 trades thus far 4 of them losers 4 of them winners losers were all from the DAX camp winners were all from the Nikkei camp nothing conclusive just yet I'm just starting winners to losers ratio thus far 50/50 profit to loss in $ 15/15 I'm at break ...

Journey to consistency

maybe you're (very) right

Journey to consistency