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Jay Walker replied May 23, 2018I can't make sense out of this. A trading methodology is either sustainable or it isn't. Do you have the math to back this up? You cannot guarantee that each and every day will have 6 opportunities. Why a 1:1 risk/reward ratio? It's the first time ...
from 1k$ to 20$ per day
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Jay Walker replied May 22, 2018This is account suicide. I respect your persistence but why not demo trade and make trades, in demo, that don't keep you up 20 hours a day?
from 1k$ to 20$ per day
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Jay Walker replied May 22, 2018Over a 6 month period is not possible. Then it's possible over a period of how long? Say your leverage is 100:1, how does it become more difficult to have 100:1 leverage on $1000 than it would be on say $20,000 or $200,000? How does liquidity become ...
from 1k$ to 20$ per day
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Jay Walker replied May 22, 2018Both are quite ambitious at this particular juncture IMHO. I'm seriously considering a short on a weekly chart. But it's too early
Cesarnc's market talk, gossips, rumours & fun
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Jay Walker replied May 22, 2018I'd be prepared to pay for an independent audit and if it proved to hold water, would let anyone showing that kind of return trade for me
from 1k$ to 20$ per day
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Jay Walker replied May 22, 2018Something to consider. url calculating $1000 as the initial amount with a daily interest rate of 2% with a length of 300 days and a daily reinvest rate of 100%. 300 days because I want to oversimplify this. Assuming that brokers are open 24/7/365 ...
from 1k$ to 20$ per day
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Jay Walker replied May 22, 2018True. Simply that it's one of the things I struggle with the most and got to keep reminding myself.
Criticize my trades!
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Jay Walker replied May 21, 2018Sounds like "the market" took you in, dipped you head first into a porcelain bowl and flushed a couple of times. Figuratively speaking of course I've been there. Wachturm's analogy about growing tomatoes is a bit weird but is valid. Give yourself a ...
how to accept losing?
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Jay Walker replied May 21, 2018The psychology of managing a trade that's down 91 points over the weekend is a real challenge Amigo. A bigger challenge than figuring out when to enter and exit a trade.
Criticize my trades!
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Jay Walker replied May 21, 2018Isn't that what happened today?
Cesarnc's market talk, gossips, rumours & fun
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Jay Walker replied May 21, 2018Perpetuating the myth that it's the broker's fault isn't going to help samekhanok. Samekhanok, take a break from trading for a week or two. Then read Trading in the Zone. After that, demo trade for a few months. I understand the desire to grow your ...
from 1k$ to 20$ per day
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Jay Walker replied May 21, 2018No new entry or exit to announce. But consider this: image This short trade was entered on May 10th at 1.7266. For those of you keeping track, that means I would have been down a whopping, ego-crushing 91 pips at closing time on the 18th. If I can ...
Criticize my trades!
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Jay Walker replied May 20, 2018It's shaping up to be a seismic one
Cesarnc's market talk, gossips, rumours & fun
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Jay Walker replied May 20, 2018It's been a while since there's been a cross. It's been a year. A very boring trade indeed but an equally solid one. image Makes me wonder if I should take the plunge and set myself up for a reaaaal long, boring trade. video
Cesarnc's market talk, gossips, rumours & fun
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Jay Walker replied May 19, 2018I'm completely sleep deprived at the moment and will re-read this a few times over to let it seep into my skull after a solid nap and a shower. This helps a lot, thank you!
I can't get rid of my bad trading habits...
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Jay Walker replied May 19, 2018That's a good point. Exit strategy has always been my weak spot. The problem is, say you're short and have a 100 pips TP and 50 pips SL and it's moving in your favour in a huge way and showing no sign of letting up, the temptation to cash in on more ...
I can't get rid of my bad trading habits...