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Theoak replied Aug 12, 2022If I gave you a book on Mixed Martial arts and told you to fight in the UFC next week. What do you think would happen? The easiest way to explain is. You have still got to use your head...even with all the hours of back testing and books. If you ...
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Theoak replied Aug 12, 2022Stop loss is at 1.2131... I need to take my medicine.... only a small lot!!!
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Theoak replied Aug 12, 2022Try j. r. r. tolkien. Why does your system work? (Me)I feel the big edge for my system is momentum. I read your post nearly hitting your target then you ended up with a losing trade. How did that make you feel? I know you said in your post that as ...
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Theoak replied Aug 12, 2022Reverso... "the Hobbit" is a good read. You will learn more in that book about trading than 99% of trading books. I have read a lot of books on system and strategies and come to the conclusion... you have got to do it yourself - Back test. For your ...
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Theoak replied Aug 12, 2022The concept of scaling in (and out), is a very powerful tool, under used by many traders!!
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Theoak replied Aug 12, 2022Don't use too much its very powerful... you sure you can handle it!!!!
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Theoak replied Aug 12, 2022Me2 If you don't know your target how can you back test? I do both has I find trailing gives you a powerful tool .... psychologically safe!!
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Theoak replied Aug 12, 2022Should you target or trail? Now that is a question!!!
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Theoak replied Aug 11, 2022No one can really tell you if you are right or wrong.... Everyone's system is different. For a start we are all working on different timescales, stop losses, scalping swing etc. The only thing you can do is back test your system.
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Theoak replied Aug 11, 2022I personally go with the flow-of-the-market and don't try and pick tops or bottoms. You have to do your own system and be totally focused. If it works for you then that's the main thing. The set-up was not really there, and I push My luck, but I'm ...
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Theoak replied Aug 11, 2022Hi Bud, It was not a very good set-up by me. It was taken, because ..... ego. There is no room for ego when you trade and rightful been dished out the medicine. I'm up about 9% on the day and trailing two winning trades. Worked really hard today and ...
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Theoak replied Aug 11, 2022It is what it is! If I get on the ignore list then so be it. The internet with its filtering system is very dangerous place! It creates extreme views, by filtering out your view is the only view, and if it does not line up then it's wrong (stick ...
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Theoak replied Aug 11, 2022Getting Bogdanoff's blood out the fridge at 1.30, so be careful!!!!
Cable Update (GBPUSD)