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ubp replied Jan 1, 2009I am curious as to what it is you are doing regarding money management. i.e. lots per trade, % of account and such. Thanks.
Tkpower8 ATM
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ubp replied Dec 25, 2008Seems like alot has been going on since i've been on vacation. I am just jumping in to wish everyone a great x-mas. I will see you all in the new year. Hopefully my brain cells make it after this crazy month,lol.
Tkpower8 ATM
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ubp replied Dec 19, 2008Anybody getting any decent bites to day besides the first hour of trading?G/U seems a little choppy, I'll cya for ny open.
Tkpower8 ATM
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ubp replied Dec 18, 2008I usually Take half at 10 pips. My initial sl is usually on avg about 20 pips. I then can move my stop up 10 pips or BE. Most of the time it is to BE because I like to book pips. And I know myself that when I go live that is what I will likely do. I ...
Tkpower8 ATM
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ubp replied Dec 18, 2008I'm done. And a reminder to all when you close out your position manually also don't forget to remove any pending orders. I just forgot that and gave back some pips. Still positive for the day. I will see you guys later. Good trading.
Tkpower8 ATM
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ubp replied Dec 18, 2008The conclusion. I always take 1/2 off the table and move my s/l to BE. So I always bag some pips. It helps me psycologically.
Tkpower8 ATM
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ubp replied Dec 18, 2008Click the pair in in your order terminal and choose close trade. In the area for inputting lot size just put half of your orginal order and hit close. IN oanda just buy or sell half of your order. In Ibfx do it the way that I intially laid out ...
Tkpower8 ATM
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ubp replied Dec 18, 2008I'm done. I'll see you guys for U.S. open. I love this kind of trading. Simple and took apx 1hr instead of 6. I can actually maybe start getting some sleep,lol.
Tkpower8 ATM
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ubp replied Dec 18, 2008TK would you be a little apprehensive to take a trade right here after such a large move?
Tkpower8 ATM
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ubp replied Dec 18, 2008Price action. Lower lows and lower highs indicate the higher probability of a down trend. So when we get a bear eat bull. You increase your chances. It is all probability and PA. At least that's the way I look at it.
Tkpower8 ATM
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ubp replied Dec 18, 2008I see what your saying. Thanks. I do try to at least take 1/2 off the table and move my sl to BE. Looking at my e/j trade, it went on for some awesome pips. How do you keep your emotions at bay knowing you could have grabed another 150 pips.
Tkpower8 ATM
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ubp replied Dec 18, 2008Just wrapped up this e/j trade. Arrow= entry. At 15pips I took half and let the rest run, actually 87 was my tp
Tkpower8 ATM
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ubp replied Dec 18, 2008Trade results. arrow- entry, price tag= take 1/2, x= sl, Any critiques welcomed. I thought it was decent setup. But you don't know what you don't know, 'till you know it.
Tkpower8 ATM