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mbqb11 replied Aug 8, 2014Hey Dvi I personally never take partial profit. I've run multiple studies on my own trades and it's always the least profitable course of action for me. It stinks when a big move happens and you have nothing to show, but what I always look back on ...
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mbqb11 replied Aug 8, 2014Sure is nice to go to bed with a risk free trade, not as nice to wake up to a b/e trade LOL This one got stopped at b/e after coming real close to my take profit. Such is trading. This area still good to watch for trades though
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mbqb11 replied Aug 7, 2014I've reduced my stop even more. THis is exactly that dynamic risk to reward I spoke about a few posts back and lester was speaking about with me Notice i've still kept my trade integrity in tact. By reducing my stop I always think where does this ...
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mbqb11 replied Aug 7, 2014absolutely D Most emails I get from people have certain themes. One email I ALWAYS get nearly once a day is "exits are where I struggle the most" . I know it all too well cause I used to think. If only I knew how to exit I could figure out trading. ...
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mbqb11 replied Aug 7, 2014thanks Lester
Yes understanding the orderflow that creates our bars is great not just for entries but knowing when to get out of a trade. For example if that bar did close as a pinbar and back under that resistance point sellers are showing ...james16 Chart Thread
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mbqb11 replied Aug 7, 2014Hey Dan That's the key here. That the bar did NOT close as a pinbar but rather closed above the resistance area that should act as support. The shows who is in control. Sellers pushed price down from a logical point(the fta or redbox on my chart) ...
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mbqb11 replied Aug 7, 2014great D
We had a wick play bar yesterday that was a fantastic buy trade in itself. I used it to know that this trade was still valid as price should push through that wick Here was a video I did for the guest side on wicks video now we need to ...james16 Chart Thread
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mbqb11 replied Aug 5, 2014perfectly said Lester. It's like reading my own posts when you type you have your head on straight! Great stuff and thanks for clarifying for me too! Mike
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mbqb11 replied Aug 5, 2014Hey NC Risk:Reward is fluid if you are one who reduces your risk as price moves in your favor(or against). I call it dynamic risk:reward and don't hear people speak about things that way in trading. It's crucial to my success url url here is ...
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mbqb11 replied Aug 5, 2014oh man if only we can get ourselves a daily buob over 2.15


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mbqb11 replied Aug 4, 2014i'm mostly involved in equities but here is a ncie FX chart I am watching. Picture perfect resistance area. If price can give us some nice PA on a break or pullback to this area it would be nice! Great area to continue to hold as resistance or my ...
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mbqb11 replied Aug 4, 2014Hey Flas I used to screen grab but I wouldn't just grab the candle or two. It won't give you a visual representation of the entire situation. Screen grab the entire picture. You can even attach them to a spreadsheet in a link which excels is nice ...
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mbqb11 replied Aug 1, 2014absolutely lester! I used to back test so much my computer and walls were covered in spreadsheets. I always tell people I learned a ton through backtesting and more so I learned a lot about what doesn't clearly work. I've certainly backtested till ...
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mbqb11 replied Jul 31, 2014Hey Flash You can PM me in the group if you are ever confused where to post or ask a question
Yes taking limited opportunities is a fantastic way to learn. Trading is a funny thing. Most people come to trading trying to apply what skills they ...james16 Chart Thread