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- 28 Results (4 Threads, 24 Replies)
- modanova replied Jan 15, 2011
If your method is to trade with the trend, then you wouldn't put on a trade during consolidation periods. If you do lose patience and jump the gun, then you have a discipline issue. If that's true, immediately stop trading and read books on trading ...
- modanova replied Jan 15, 2011
I don't understand what answer you are expecting. You already pointed out all your flaws that stop you from being a consistent winner. Are you asking for an alternative to studying good trading psychology, cutting your losses and being disciplined? ...
- modanova replied Jan 13, 2011
Not so, you can indeed make money using only price charts. There are patterns that keep repeating themselves. If you can make that your edge and at the same time not have any expectations, be aware that the market can do anything at any given time ...
- modanova replied Jan 11, 2011
It seems you're a boom-and-buster. All you have to do is a small adjustment, become better at losing trades, i.e. cut your losses. Letting losers run can only mean that you haven't fully accepted the risk involved in trading. The market can do ...
- modanova replied Dec 15, 2010
1. I don't need to carefully analyze my thoughts and emotions during my trades, because I already once read about greed and fear as a novice trader at babypips.com, so I already graduated that part. 2. I'll just break my rules this one time, because ...
- modanova replied Dec 4, 2010
Two things I don't agree with you on: one, that indicators are completely worthless is an old cliche and generalizing statement. This really depends on how you use the indicators. If you are using indicators as visual aids, I find bollinger bands ...
- modanova replied Dec 4, 2010
Actually, some say even 95% fail and I even heard 99%. I doubt anyone knows the real number, but what's obvious is that the vast majority fail, just like in any other business endeavor. That's why most people have a J-O-B and work for somebody else.
- modanova replied Nov 21, 2010
I've been with OANDA a year and overall they're not bad. I like how you can click on the stoploss line and easily move it on the chart, their relatively fast executions when everything is working. I say "when" because I occasionally experience ...