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snapdragon1970
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snapdragon1970
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Reasons why you should NOT trade cryptocurrencies
in
Crypto
Jan 17, 2018 at 17:35
I would say there are a lot of buy orders at 10k with stops sitting just below,sitting ducks for whales.
EUR/GBP
in
New Traders
Jan 17, 2018 at 17:01
I would bounce out at 88440 because as you can see it goes back up to play off the MAs
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Jan 16, 2018 at 22:49
As long as you don't gamble the House ,you might make some profit from this crazy sell off.
EUR/GBP
in
New Traders
Jan 16, 2018 at 19:59
Do the maths to see which trades are easier to recover from ,small losses chip our confidence a little,that's part of trading for even the best.Although leaving us still able to make reasonable judgement's.I know when I trade I will have maybe 2-3 small losses daily,some days I will do 1 trade and profit,I don't know which days I will win or lose,but I do know what my max loss will be for a set day.What catches a lot of traders is they need to let those winning trades run as much as possible or we are defeating the purpose of putting on the trade in the first place.
EUR/GBP
in
New Traders
Jan 15, 2018 at 16:42
Easier to deal with small losses that way we don't get emotionally attached as much ,big losses knocks your confidence which encourages revenge trading,doubling up is a common problem too,if we have a big loss we stop for the day or reduce the trade size to minimum.What most retail traders do is try to catch a few pips with huge stops or no stop.It takes time to form the right habit,but its not to difficult to teach,I know some professional traders that get someone else to set there stop loss limit or its set automatically.
EUR/GBP
in
New Traders
Jan 14, 2018 at 17:09
Every trade is a role of the dice,only way we stand a chance is to protect our capital with small losses so when we get it right we capitalize,being right or wrong isn't that important ,sticking to our plan is.
EUR/GBP
in
New Traders
Jan 14, 2018 at 00:09
I have my doubts about it dropping ,bias is bullish so it's safer to buy dips that way we minimize risk.
EUR/GBP
in
New Traders
Jan 12, 2018 at 15:18
I had 2 small losses yesterday and 1 winner,today I'm still long Eur/Usd I think its reached a top for now though,German coalition agreement helped push it higher.
Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc....
in
Crypto
Jan 11, 2018 at 16:44
I have traded Bitcoin and Litecoin many times on contracts with no problems ,over different time frames, buying dips anytime it gets dumped,to me it has no value that's why it is getting pumped and dumped so many times on speculation,when traders form attachments to what there trading it becomes very risky.
EUR/GBP
in
New Traders
Jan 10, 2018 at 16:16
I'm just trading Eur/USD for now ,at the moment signals are mixed for Eur/Gbp unless I see something extreme safer to trade other products,I'll post if I see anything of interest.Take each trade as a 50/50 bet that way you will be more inclined to keep your stop as close as possible.
EUR/GBP
in
New Traders
Jan 08, 2018 at 19:53
88 looks like the first real support,I was checking out some stocks today,big discount on Gopro as they decide to leave the Drone business.
EUR/GBP
in
New Traders
Jan 05, 2018 at 16:31
88600 looks like the next support area, I will wait till that level for longs, currently short Eur/USD.
EUR/GBP
in
New Traders
Jan 04, 2018 at 16:05
Only trade I made on this pair today was 89 break on the ADP numbers earlier.
EUR/USD
in
New Traders
Jan 04, 2018 at 13:54
End of year is a long time away,long term chart is bullish though, maybe 1.50 that all depends on US policy makers,Euro area is ticking up.
EUR/GBP
in
New Traders
Jan 03, 2018 at 18:17
I never refuse good food,you did a good trade today ,I was away visiting most of the day just back,looks like Eur/GBP is struggling at 89 for a possible short.If it goes higher all the better for shorts later.
EUR/GBP
in
New Traders
Jan 02, 2018 at 17:01
Yeah I had Pigs legs for New Years Eve ,first time, tasted better than I thought.
Who can help me to trade?
in
General
Jan 02, 2018 at 13:20
Fooled by Randomness
EUR/GBP
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New Traders
Jan 02, 2018 at 12:43
Happy New Year,hope you had an enjoyable time,lots of good food and Beer.
Intraday Trading is gambling
in
New Traders
Dec 29, 2017 at 22:02
If slippage/spread/re quotes is effecting your trading its time you where looking for another Broker,or re thinking your strategy.
Intraday Trading is gambling
in
New Traders
Dec 29, 2017 at 21:47
Agree with your statement ,45-60% is the normal hit rate for professional institutions, RR is where it makes a huge difference.
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