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- piptopip replied Feb 19, 2012
Do you mean in the longer run Euro is going to get stronger? Is that the big picture?
- piptopip replied Feb 17, 2012
Thanks a lot. I have checked my weekly: it is 5% of my cap. I just wanted to cross check how realistic or otherwise is mine.
- piptopip replied Feb 17, 2012
realistic targets — What is your weekly profit target, may I know please? I just want to get to see what is practical number for such targets so that I should be able to set some realistic targets for myself.
- piptopip replied Feb 14, 2012
what's the tp in your mind?
- piptopip replied Feb 13, 2012
same here.
- piptopip replied Feb 13, 2012
This sounds a bit different from the usual stuff but does make sense.
- piptopip replied Jan 26, 2012
Exactly... And the comment of the market is accurate and final always.
- piptopip replied Jan 26, 2012
Sounds familiar to me. But you are right, it is so very hard to trust that inner voice and take action before it fades away.
- piptopip replied Jan 26, 2012
Well said!
- piptopip replied Jan 26, 2012
you mean instead of looking at charts, you just watch the screen and get the feeling of the trend that is building up?
- piptopip replied Jan 26, 2012
I have also experienced this: if my position is small, so is the fear. But the greed lurking inside us keeps pushing us to switch to bigger positions. Resisting that requires discipline and self control.
- piptopip replied Jan 26, 2012
So do you feel doing it full time makes it worth while? The problem is that to quit one's day job to make trading one's bread and butter is in itself a tough move. How to take that plunge then?
- piptopip replied Jan 26, 2012
I have also learned that trading just for the sake of it kills. This impulse needs to be harnessed. But it is not easy to do so. What you refer to as the hidden need to gamble is the real culprit which makes us open a position when we should not.
- piptopip replied Jan 26, 2012
Stopping losses — This is so true. It took me a long time to realize the importance of cutting our losses. Swiftly getting rid of a losing position is very crucial. What amount is to be lost must be predetermined. But all this requires immense ...
- piptopip replied Jan 25, 2012
I also wonder if lines and bars tell it all so right, why just less than 5% succeed in this trade. It is really encouraging to hear you say that the market is the place that pays the highest jackpot in this life and that it frees us from 9-5 and let ...
- piptopip replied Jan 25, 2012
Less complicated, plain vanilla stuff — I also feel that keeping it simpler and less complex should deliver better result.
- piptopip replied Jan 25, 2012
Thanks really for posting this. It answers my major question:so then after all what makes this market move and how to foresee that. I have saved this post in a text file for future reference. Thanks.
- piptopip replied Jan 25, 2012
What are the psychological leaks that a trader may have? And how can they be fixed?
- piptopip replied Jan 25, 2012
If technical and fundamental and all else fails to help foreseeing a trend then the movements of this market must be really random. It appears so to me as a new entrant. And you say it's not part time...do you feel if done full time, a sustainable ...
- piptopip replied Jan 25, 2012
But they say the trend takes the opposite direction of what everybody is expecting... So?