i’m jealous of rich people, since my life is very stressful because of my situation. I just want less stress, I’m not starving or anything.
I’m a smartass, even when I’m knocked out on the ground. (think pvt. Joker) but who knows, maybe it’s just me dealing with stress… I CANT TELL because it’s all I’ve known for years.
If you gave me the money, I would accept and I would pay you back. There’s no question about that. I’m sure in a few years I’d feel ashamed, but to me, right now, it would be worth it.
i’m jealous of rich people, since my life is very stressful because of my situation. I just want less stress, I’m not starving or anything.
I’m a smartass, even when I’m knocked out on the ground. (think pvt. Joker) but who knows, maybe it’s just me dealing with stress… I CANT TELL because it’s all I’ve known for years.
If you gave me the money, I would accept and I would pay you back. There’s no question about that. I’m sure in a few years I’d feel ashamed, but to me, right now, it would be worth it.
that’s as honest as I can get man[/QUOTE]
You still are assuming I have the means too… Lol I haven’t made any claims of wealth
It does make a difference, but the stress of debt is very much working against me. Maybe I could replicate your compounding if my debt was reduced… I’m sure you don’t pay all your spare money to debt do you?
I just need to get a foothold on my situation, then I can be the best trader I can be, and likely compound the account in 3-5 years.
It does make a difference, but the stress of debt is very much working against me. Maybe I could replicate your compounding if I my debt was reduced… I’m sure you don’t pay all your spare money to debt do you?
I just need to get a foothold on my situation, then I can be the best trader I can be, and likely compound the account in 3-5 years.[/QUOTE]
no, I won’t need to take it out. I actually withdrew $3,000 from my account and already put it towards debt. The $500 is the leftover that I felt comfortable keeping there
no, I won’t need to take it out. I actually withdrew $3,000 from my account and already put it towards debt. The $500 is the leftover that I felt comfortable keeping there[/QUOTE]
Alright… So the pressure of debt shouldn’t be affecting your trading then.
If you are still unable to get to that point in your trading… You could be debt free yet still feel poor and stressed because your trading isn’t providing the lifestyle you want.
Over the weekend I am going throught your thread and reread everything one more time. And maybe I will come out with few questions if I will need it. Hope you don’t mind.
However if you have time I have one question for you right away. Basically you trade the fundamentals. You find the strongest currency and the weakest one and you trade the pair.
But where and when do you enter? Do you enter right away? Do you randomly enter or do you wait for a retracement?
Like at the moment the strongest pair are GBP and NZD if I am not wrong. So you could maybe combine them vs JPY or EUR.
But they moved already a bit. So will they keep moving in the direction or are they due for a retracement? I know your TP is pretty small most of the time but sometime if you enter with the wrong timing you can see the pair going against you for a lot of pips.
How do you deal with it? What are your thoughs before you decide which pair to trade and how do you enter it?
An answer would really help me out. If you have time of course. I know it is the weekend and it is party time! For you!
Over the weekend I am going throught your thread and reread everything one more time. And maybe I will come out with few questions if I will need it. Hope you don’t mind.
However if you have time I have one question for you right away. Basically you trade the fundamentals. You find the strongest currency and the weakest one and you trade the pair.
But where and when do you enter? Do you enter right away? Do you randomly enter or do you wait for a retracement?
Like at the moment the strongest pair are GBP and NZD if I am not wrong. So you could maybe combine them vs JPY or EUR.
But they moved already a bit. So will they keep moving in the direction or are they due for a retracement? I know your TP is pretty small most of the time but sometime if you enter with the wrong timing you can see the pair going against you for a lot of pips.
How do you deal with it? What are your thoughs before you decide which pair to trade and how do you enter it?
An answer would really help me out. If you have time of course. I know it is the weekend and it is party time! For you! :-P[/QUOTE]
Good question…
A couple a factors that I will look at when trying to decide when to place the trade…
[QUOTE=“SorryDude;533340”]EU TP executed 9 pips in my favour on the open gap. this is my first big win on the $500 account. things are looking brighter already :57:
