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No trade days
v
Noví obchodníci
Feb 26, 2012 at 07:55
Yes I'm meaning AM for US timing.
No trade days
v
Noví obchodníci
Feb 25, 2012 at 13:55
Great peak hours to trade2-530am (eur opens)8-11am (us opens)ESTBe careful of NFP, FOMC and interest rates days, can get whipsawed.
new trader - HELLO! and help
v
Noví obchodníci
Feb 25, 2012 at 11:40
polder, I agree with you wholeheartedly. Ever since I managed my risk I do see some consistency, at least protecting my capital and not having massive draw-downs. Each time I open a trade, the first thing that comes to my mind is how much I can afford to lose instead of "this will likely go up, just go!" mentality.I am now trusting my system more as I followed rules but I can only focus on 1 currency - EUR/USD. This also encourages me to learn to trade in all market conditions - trending, non trending, range etc. I come out with this new rule for my SL :1-30 pips (1 mini)31-40 pips (...
new trader - HELLO! and help
v
Noví obchodníci
Feb 24, 2012 at 21:33
Comparing to the the first 2 months of my live trading, I've seen my equity curve line running in a straight line meaning that I didn't lose much nor win much. Is that a good sign? What I;ve observed is I've been adhering very strict risk management rules regarding stop losses and also choose only good setups & cut down on silly mistakes like price chasing etc..Thanks for looking through again :)
new trader - HELLO! and help
v
Noví obchodníci
Feb 20, 2012 at 12:55
Right I guess the human psychology part is one of the hardest to master in trading. Eg. I've told myself not to chase market and manage to cultivate it as a habit for a while. But every once in awhile it just happens and I find out mainly it's because of after consecutive losses that cause such behaviour due to wanting to gain back lost pips.
new trader - HELLO! and help
v
Noví obchodníci
Jan 29, 2012 at 20:16
Will, thanks and that is what I'm practising too. Pass a trade/ stay out, there's always opportunities. If not today, tomorrow!
new trader - HELLO! and help
v
Noví obchodníci
Jan 29, 2012 at 20:14
Just watched his videos about trading like a professional trader. Helped me to think in a series of trades rather than focus on the outcome on a single trade. Thanks Splexin. This community is great help and I'm seeing myself hitting my weekly targets :)
How do u react, the moment your trades hits stoploss?
v
Skúsení obchodníci
Jan 18, 2012 at 11:40
If it's 2 consecutive loss, I take a break and wait for the next session. One way is if I decide to enter a trade with huge SL, I'd reduce my contract size. This way my losses are manageable. I would also plan on what possibilities and GOOD setups might occur and only trade them.
FOREX SHARK DVD
v
Noví obchodníci
Jan 18, 2012 at 07:26
Sure would be glad to be part of the community hawksbill. Thank you for sharing :)
Hi Can someone give me a link to live accounts that I can invest in?
v
Obecné
Jan 17, 2012 at 17:25
www.currensee.com ?
Trade journal or trade log
v
Obecné
Jan 17, 2012 at 17:22
It's possible to link fxTrader with myfxbook. Just did it. Need to select the new feature in accounts setting.
Say Hi ;)
v
Noví obchodníci
Jan 17, 2012 at 17:19
Hello Dmitriy and Ben!
FOREX SHARK DVD
v
Noví obchodníci
Jan 17, 2012 at 17:18
Thanks. That sucker fish on the shark was a very good example :)
Say Hi ;)
v
Noví obchodníci
Jan 15, 2012 at 14:25
Hello Basti, welcome to myfxbook! Feel free at home. :)
new trader - HELLO! and help
v
Noví obchodníci
Jan 15, 2012 at 08:55
Sure Jason, will look into it sometime but now my focus have to get myself back on track.Byrus, I'm trading intraday 5m and can trade up to 10 trades per day. I realised that could be a problem - overtrading thus trying to cut down and only enter on good setups. I've also reduced my lots to .01 / .005 (if SL is more than 35 pips). I am also trying to stop trading and wait for the next session if I encounter 2 consecutive loss. I see you have very good profits for the last 2 months. Congrats and thanks for giving me good pointers!!
new trader - HELLO! and help
v
Noví obchodníci
Jan 13, 2012 at 10:55
Good afternoon Jason Ryan!Somehow I feel like this is playing the world of Warcraft game. Starting out newbie at a low level and getting help from high level pros like you. Appreciate your time looking through my stats. Sure I'll love a copy of your money management tool and yes we can meet up one day loh. Trading is a lonely but with a community like this it gains motivation and joy in trading.
New to the Community.
v
Noví obchodníci
Jan 12, 2012 at 20:48
Very nice growth David! Wish to be there one day :)
new trader - HELLO! and help
v
Noví obchodníci
Jan 12, 2012 at 20:47
Guys!I'm new here and new to trading. Hello to you :)I'm not sure how this works but look - seems like I'm not trading the jedi way.I ran my account down and up to ~ 30% for the first month. Not sure if it's overconfidence but very sure it's psychology that cause my account to dive -50% within the next 2 months!To be honest, I'm raped and still trying to overcome the traumas, trying to stay positive everyday. Since the massive drawdowns, I can't seem to get my account back to green or a retracement. I'm clearly in a downtrend waiting for a double bottom hoping t...
Trade journal or trade log
v
Obecné
Jan 11, 2012 at 17:11
If I'm not wrong fxbook allow fxtrader? I think I saw that option sometime back.
I'm new and somewhat lost
v
Noví obchodníci
Jan 11, 2012 at 12:54
Great advice there Benjamin, I'll get that book once I complete the 101 daily coach lessons by Brett N Steenbarger. Good one too :)
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