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omkarswarupa replied Dec 12, 2021I wonder if anyone thinks of trading setups as chess puzzles. I am sure there are some, if not many, common points there. And they will be interesting no doubt. Personally, I think chess can stimulate our brain. It requires strategy, planning, ...
Omkar's Trading Journal
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omkarswarupa replied Dec 12, 2021Oh okay.. dont know anything about CTrader, will check. Thanks.
Omkar's Trading Journal
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omkarswarupa replied Dec 12, 2021So Sunday is gone. Will focus on only 1 pair tmrw at least. This week's theme will be Avoiding a headshot even if I bleed slowly to death. No account destroying losses I mean
. Small losses are okay.Omkar's Trading Journal
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omkarswarupa replied Dec 12, 2021Is there any distinct advantage to MT5 over MT4? Need to check that.
Omkar's Trading Journal
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omkarswarupa replied Dec 11, 2021yes, I mean future experiences and trades! All the best to you too!
Omkar's Trading Journal
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omkarswarupa replied Dec 11, 2021Looks like we r in the same boat. Lets do what we need to do. Please share your experiences here so that we can learn from each other's mistakes.
Omkar's Trading Journal
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omkarswarupa replied Dec 11, 2021This from my post from another thread This is usually what happens when I take a trade: I have a very heavy mean reversion bias and more on the sell side. So, most of the times I take entries against the trend. Whenever I see a trend developing, I ...
Omkar's Trading Journal
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omkarswarupa replied Dec 11, 2021ok, so you are increasing the position size on subsequent entries as long as your directional bias allows you to. Great! I had tried this in binary options (!!) but never in Forex but I knew I could try that. Of course its not just about increasing ...
Fagin's Corner
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omkarswarupa replied Dec 10, 2021Also, only EJ because gold and GJ are too fast for my style and higher spreads, rest are a bit too slow. UJ is also good enough, but if time permits, I will rather analyse EU because of lowest spreads among all. Also, EU is not heavily correlated ...
Omkar's Trading Journal
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omkarswarupa replied Dec 10, 2021Today's tasks Analyse EJ today, what entries I could have taken and how they would go. Only 1 pair because I have always felt that I should trade only pair but havnt done so because of lack of patience. Maybe if this feels good enough, will trade ...
Omkar's Trading Journal
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omkarswarupa replied Dec 10, 2021You have definitely explained in detail enough. I have never done this but I surely understand and can imagine how to do it. In your previous post, u have mentioned about not trying to predict the direction accurately. What do you mean by thay? Can ...
Fagin's Corner
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omkarswarupa replied Dec 10, 2021Yes your entries are well spread out. That was the first thing I noticed on your charts. Will think along these lines, thanks!
Fagin's Corner
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omkarswarupa replied Dec 10, 2021Alright, thanks for the detail answer! In my case as well, scalping to swing to scalping is how the journey is going, but the your trades look much better than what I have been able to do. Lot to learn from you, keep posting. Another thing I wanted ...
Fagin's Corner
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omkarswarupa replied Dec 10, 2021I understand. In my opinion, when u enter a trade, you only exit in profit or loss. Only 2 possible outcomes. Break evens are not worth consideration here at least. So, if I am trading in the direction of breakout and you are selling for a ...
Omkar's Trading Journal
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omkarswarupa replied Dec 10, 2021Hi Fagin, Good work!! Went through your screenshots and posts, good trades! Would like to ask a few things (if you don't mind!). 1. What is your overall trading method? Not asking for specifics, but a general rationale behind entry exit? scalp, ...
Fagin's Corner
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omkarswarupa replied Dec 10, 2021Those who use technical analysis for trading have tried at least one indicator,if not many. So have I, but I am still unable to find the edge from any of them. Now after almost 2 years (!!), I have come to this conclusion: indicators won't work or ...
Omkar's Trading Journal
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omkarswarupa replied Dec 10, 2021I have been reading extensively about flow state ( url these days and one of the things that lets me access it is music. I will be sharing the soundtracks I listen to in green color. In my experience, instrumentals are better for this purpose. I ...
Omkar's Trading Journal