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Shermenator replied Feb 26, 2012Thanks...when I scalp I am more concerned about my hit rate. I know I tend to have a very high hit rate when I scalp. For example I need to hit 56% of the time to break even on a trade that is .75 to 1. And I know my hit rate from personal ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 26, 2012I am currently Short GBPUSD — I am currently short in this currency looking for a quick scalp on this one. image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 26, 2012Nope had not heard of it but interesting will take a look. Yea I am use to getting this draw downs from time to time lol . Even in my poker playing I get one just about once every 2 month (3-5k down swings = 3-5 percent of account) they suck lol. So ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 26, 2012How many losers should I expect in a row? Posted on July 6, 2010 One thing that can shake a trader’s confidence and test the emotions is to have many losing trades in a row. This can cause doubt about the trading system, the market (has the market ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 24, 2012Way too much demand for this...I am on the wrong side of the market. Will start looking for longs
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 24, 2012Well my trade is ok probability regarding the odds I am getting. You have to remember I am getting 3 to 1. So I only have to be right 25 percent of time to break even. Meaning aslong as the trade works 26 percent of the time its a good trade though ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 24, 2012GBPUSD — I am now short gbpusd...a bit of too much power in the gbp...but will manage . If needed be I will buy dips later on today image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012Results — Alright today sucked haha...broke even for the day . O well tomorrow will be a better day. Going to sleep now having a good week overall. Back to the grind tomorrow
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012HAHAHAHA yea I might just give one out lol.. just so people people think I use one haha. Well I do actually use an indicator called candle time lol it tells me when my 4 hour candle closes and how many minutes are left. So I am not trading so clean ...
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012GBPUSD — I am now short in the gbpusd....this will be most likely my last trade regardless of outcome. image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012AUDUSD — I have now closed my long with a profit...i wills tart watching price action and see if I will consider now going the other way. image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012AUDUSD — I have now pushed my stop up in the audusd image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012I wrote above ...its a fib not an indicator
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012Stop trying to sell the Audusd...and focus on buying the pullback on it. The odds of the trade are greater.
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012It is a fib line..no indicator it comes with the mt4 platform
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012AUDUSD Update — Alright I have now pushed my stop up again...I will continue moving my stop until target gets hit. image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012AUDUSD — Alright I have now pushed stops up in my trade image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012Be careful with any of the supply levels...take a look at the market structure it has been ranging...good luck though
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012AUDUSD — I am currently still holding my long in my audusd Will start managing my trade image
B.S. Trading with Kenneth Lee
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Shermenator replied Feb 23, 2012AUDUSD — Woke up to see my audusd trade get stopped out by a few pips. And have decided to come back in . This will be my last attempt at getting this level correct. I always give myself tops 2 bullets if I got it wrong on the first attempt. ...
B.S. Trading with Kenneth Lee