Risk management saved my skin. Got stopped with a tiny gain.

Criticize my trades!

And here it is after modifying mine based on NYC' session. Looks a lot more like yours. Your thoughts? image

Criticize my trades!

Chonchy, don't make me drool like this. Parity would be a huge income boost even for a secondary account

Cesarnc's market talk, gossips, rumours & fun

I place my trades usually a couple hours before the Frankfurt session. I don't want a Sunday candle this Sunday or in general? Asking because some of my trades go for weeks

Criticize my trades!

I agree. There's an opportunity for longs but the prudent thing to do is to be short at the moment. I think one of the shoulders in the H&S will be badly dislocated. 1.10 is possible but several weeks ahead. I already have a hat, put duct tape ...

Cesarnc's market talk, gossips, rumours & fun

Excercise for the day done...yeah I know. I never imagined myself saying this either. What are the good folks on this thread up to?

Cesarnc's market talk, gossips, rumours & fun

Today's trade: GBP/CHF short @ 1.3162 I may be overtrading period but positions are small in comparison to account size. Not liking so many GBP shorts though image

Criticize my trades!

Today's trade is a long on natural gas @ 2.94 image

Criticize my trades!

Learning some risk management skills and attempting to apply them. Today's entry is a short on GBP/NZD @1.9192 image

Criticize my trades!

There's a book titled The Subtle Art of Not Giving a F*ck by Mark Manson. It's not trading related but a good read on that subject and some of what's mentioned in the book can be applied to trading

how to accept losing?

At the moment, recommendations on solid, proven, risk management books are welcome.

Criticize my trades!

On EURUSD? Please, don't do what I do. It's not a good idea but I've been short since 1.1753. But I didn't follow my methodology. It's a total gamble and it may be a year or maybe longer before I get out of it. That's if I don't get stopped first. ...

Cesarnc's market talk, gossips, rumours & fun

[quote=profitfarmer;11094824][quote=Jay Walker;11094754] I couldn't agree with you more. I have enough data points from other sources (demo, other accounts) that I have identified the weak spot. Brushing up on risk management before I proceed

Criticize my trades!

[quote=Jay Walker;11067456]May 10th: Pair: Long, CAD/SGD @1.0479 image [quote] Got stopped. Not entering new trades. I need to go back to the drawing board

Criticize my trades!

Learning from jen101 about the retrace lesson, I took a smaller position with a larger stop loss. GBP/JPY short @146.38 image

Criticize my trades!

I'm in.

Risk Management

That got stopped at 0.69031. C'est la vie

Criticize my trades!

I'm more of a swing trader but I do agree with you that trading a retrace can be a strategy for day trading. As far as complicating things, I don't mean to. The two biggest challenges I have are with exiting trades (I'm a lot better at that now) and ...

Criticize my trades!

It's retraced, exactly as you said. Impressive!

Criticize my trades!

I don't agree with everything you say but this has been a learning experience for me. Thank you!

from 1k$ to 20$ per day