Posted:
#26
Iceman where did you go???????
10/23..Less pips?
Posted:
#27
glad to hear you made $$$$$....i wish i hadnt sold my first position.it fell past my average by 20+ pips and i had 4 lots......id buy this again if it dips much futher.down 50+ to 97.70s..........its going to be in 98s again.......but im done for the night
+500...with one night of trading left for the week
Another successful trade:
......in 10 mins its moved to 98 again......
Posted:
#35
kicking myself for not selling USD/CAD in the 1.2690s...got up to 1.2740s just enough to make me average up but look at where it is now 1.2440s.....i wouldnt have stayed for that much gain as i like the sell from the 1hr and 2 hr charts and they are smaller blocks but was easy $$$$$$$$....
Posted:
#36
I guess WLD must have gave up??????I feel bad that he lost some $$ but just like in gambling you have to have some discipline/$$ management....you cant always go BIG...Hope you are still around WLD and give it another shot,im trying to help people here and had the trades i posted been played right only one has lost $$$ and that was off the daily/weekly charts so you have to have a large roll to trade it,but i put that out there so...
The practice accounts are free and a great learning tool but you have to use it properly,you cant go trading 10 lots and make 10k on a trade and think its just that easy.Open one up and trade one/two lots do some reading on chart tech indicators,read about margin @how its calculated/used
Ive spent alot of time finding a little system that works for me,i post what i like and my entry/exit,thats big also map or plan out your trade.You cant just jump into a pair without watching/studying it 1st....You might have some luck jumping in on a big quick move but look at USD/JPY last 12 hrs...its only takes one bad trade to wipe out several good ones
If anybody is reading this and thinking about starting a mini account YOU MUST STICK TO 1 LOT TRADES unless you have more than $600-$700 ....
Posted:
#37
Yeah, I feel bad for WLD, but he started with $250 and was trading 4 lots. I've started with a grand, but even I am just sticking to 1 lot until I get the hang of it.
I don't know if it's because I'm more alert, or because the NYSE is open, but I've had far better success during the day than at night. I made 5 trades today, only 1 went against me. Very profitable day for me. Nailed the sell on USD/CAD today after I saw that the price of oil recovered in price a bit. That's a signal to jump on CAD, regardless of what the chart says. Oil goes up = CAD goes up. Just kept checking the News and Commentary bar every once in a while, find them very helpful. The trade I fucked up on today was I rode the USD/EUR down for a profit, went back up, and figured it would fall again. Dead wrong, lost about 25 pips on it. But the others made up for it.
I don't know if it's because I'm more alert, or because the NYSE is open, but I've had far better success during the day than at night. I made 5 trades today, only 1 went against me. Very profitable day for me. Nailed the sell on USD/CAD today after I saw that the price of oil recovered in price a bit. That's a signal to jump on CAD, regardless of what the chart says. Oil goes up = CAD goes up. Just kept checking the News and Commentary bar every once in a while, find them very helpful. The trade I fucked up on today was I rode the USD/EUR down for a profit, went back up, and figured it would fall again. Dead wrong, lost about 25 pips on it. But the others made up for it.
Posted:
#40
took me out as i put up that last post.when i set limits i change the dollar amount and its adjusts the pips.....i got $350...there 17.5 pips...was good for at least 20 as it touched 04-03 now at 1.2905 it might dip to upper 1.28s but im not greedy....i was typing that long message or i could have sold close to 40
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