so u think the reason it hit your stop loss was stop hunting. you already have the wrong mindset then
you will never learn if u gonna blame stop hunting for bad trades. you will learn much more from your losers than your winners only when u stop blaming the tooth fairy and look at why it was a bad trade.
just my 2.5 cents
[QUOTE=â3xfx;747660â]so u think the reason it hit your stop loss was stop hunting. you already have the wrong mindset then you will never learn if u gonna blame stop hunting for bad trades. you will learn much more from your losers than your winners only when u stop blaming the tooth fairy and look at why it was a bad trade. just my 2.5 cents[/QUOTE]
Thatâs work. Donât make this harder than it needs to be.
if its not treated as work albeit one you love too do then he will never be successful for any length of time, Im guessing u said that as sarcastically and no how true it is.lol
Welllll good morning to you too 3x,
If you read the threads here, you might of taken it as sarcasm, as what it was meant for, lolâŚ
Your right about learning from the losers, thats exactly why I have the tight stops, just to get whacked, and realize, the hole isnt as deep as it used to be at margin calls or 50 pip losses, or 50% of my account.
If you read my thread, youd understand Im fully aware of my failures being because of me and not price action or stop hunts.
Hey guys,
Have been busy, so could only glance at this thread.
Could someone tell me - did MoneyNvrSleeps become a millionaire ?
In other words - could you please summarize the main topic of this thread in a sentence or two ?
Thank you
This thread would be 170 pages long if I did.
its 6am, Im up 22% todayâŚ
babySteps, Day by day, Getting better.
Monday is the start of a new beginning, Using these few days to button up some things, get my routine together, and might not even visit this forum for a month.
Going to spend the next few days writing out my plan in detail, and laminating them.
This is it, Its time,
My house sounds like a tropical rain forest, lol.
My biggest faults were seeing the turn of the trend, and not taking losses. Its not about being OK with the losses, but learning from them, and understanding its not the end of the world when they happen.
That was very hard for me. You cant get in the frame of mind, going into each trade that it has the possibility of losing, but knowing its going to win, ALTHOUGH, something Could happen, that changes the current price.
Ive gotten 100% better at both of these.
Iv gotten great at my entries, and now my trade times are starting to be around 30 seconds or so. Exactly what Ive been after all this time.
After several " Ah Ha" moments, and forward testing, back testing, turning my head sideways, and sometimes just staring at the screen, I think Im almost at the pinnacle of my LEARNING PHASE in this business.
IM A MACHINE!!
In the final 3 days of " getting it on paper" " Ironing out the wrinkles" âGetting my atmosphere rightâ, Your about to witness something you may never see again in your lifetime.
The Impossible,
17% today, wasnt perfect, 20 trades, 4 loses⌠Had 3 hit my stop, and 1 for 1 pip loss that I just needed to take,
I loss for some reason my stop was 30 pips, i think I messed it up when i adjusted my takeprofit. You see, on my table, if i go in and modify my trade, it resets all the values from that point per defualts. So when I did that, it just set them back, and my Stop was moved way out because I didnt re enter my stop price. So, that was 20% loss right there,⌠Still got it back, and 2 hit my 8 pip stops.
All in all, I learned something else today, another stepping stone.
Good morning people,
6.6% so far today,
Getting better by the trade, just need to trust my assumption.
25% in 24 hours. not to shabby.
Ok, back to work,
7.4%
a tad of indecisiveness on the price, I think We see a fast move Up on EG, bad risk right now, hold out for a few here,
hummmmm,
Ok thenI stand corrected
Last day of Practice,
up 27% today so far. I know I wont get any comments till I fail, because thats how you people roll.
TC, thanks for following, You and about, ummmm, 3 others that were allways in my corner.
Thinking Im not going to be sticking around this forum much longer,
anyways, going for 50% today,
33.3%
Weâre rollin
[QUOTE=âMoneyNVRSleeps;748263â]Last day of Practice, up 27% today so far. I know I wont get any comments till I fail, because thats how you people roll. TC, thanks for following, You and about, ummmm, 3 others that were allways in my corner. Thinking Im not going to be sticking around this forum much longer, anyways, going for 50% today,[/QUOTE]
Practice? This life thing is real bro. No practice.
I never comment much here anymore, but i still swing by from time to time to see whatâs going on from the old timers. Hope your going with a live account soon! Good Luck mate!
Thanks Jezzode, Although this is a real account, Im putting a larger amount Monday. Not looking back bro,
Sitting on 46.6% gain on todays starting balance, wanted to be done by 9am, est, 1 more trade? Wanted to jump long on EG, Thnk it has room up, but I think its over due for a 106 pip drop, so to risky, even for a chunk of pips.
8 wins, No losses,