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Eur Usd replied Mar 4, 2013my entries for today that gave me over 3% profit today. I could keep the trade for longer and get about 20 pips more (x3=60) but my daily target is 3% now so I fought the greed as I can't predict the future
CHOROS System
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Eur Usd replied Mar 4, 2013Here is the trades I took. Green circles are entries, red is exit. I could wait a bit longer as it went down 20 pips down more, but how could I predict it? ;-) some more info: violet line is 200 EMA, yellow is 35 sma, ogange-ish is 50 EMA, and blue ...
My mentality - my problem
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Eur Usd replied Mar 4, 2013I think I will do so, got my profit, time to rest ;-)
My mentality - my problem
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Eur Usd replied Mar 2, 2013that's why I want to fight it on demo first. I know on live acc I am more greedy, but if I'l prove myself that by constantly doing 3% profit (on average) a trading day will lead me further than "one step forward, two steps back methods" I'll get ...
My mentality - my problem
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Eur Usd replied Mar 2, 2013greed appears on demo as well - it is a different greed, its greed for good achivement, greed to prove that the system works and this bias pushes me to topup live account
My mentality - my problem
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Eur Usd replied Mar 1, 2013Hi I have topped up my account with 100quid just few weeks ago, as I was confident that I can trade real. I'll spare your time for reading the long story. the short story is that I screwed it. and it was not because the system. it was because I ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013I will if I will succeed on demo. Within 2 years I've lost about 1,5k (I treat is as money spent for education) so am not going to loose more ;-)
My mentality - my problem
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Eur Usd replied Feb 28, 2013I already tried with small real account - I was doing great, but still the money earned seemed so small - some people hunt pips, I hunt percentage and money value (so 15 Pounds profit will look better than 1 Pound)
My mentality - my problem
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Eur Usd replied Feb 28, 2013and I see I got a lot of attention from you
thank you noble user
to be more serious - I mentioned before - if you don't like this thread than leave - If there will be no interest in it it will go down and dissapear. I am off to bed, ...My mentality - my problem
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Eur Usd replied Feb 28, 2013I treat demo as emotional as real live account. only the loss is virtual but when I loose I feel bad as well on demo, in my case It may be more about account size. for example on 100 Pounds account all the single profits (for example 3%=3Pounds) ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013I know what my problems are, and I try to fight them. attention seeking? rather trying to solve my problems, and to find people with similar problems, plus advice those that didn't get yet to point where I am ;-) and I won't lay about and call ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013discipline is my problem - you're right. Why I mentioned about Monday? because I won't be trading tomorrow (I wasn't today), and the open trades are going my direction now, so will leave them - I was silly I've opened them in first place, and if it ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013I don't think I am good trader (I am not so self confident even if I sound like), I think I can be a good trader. Besides you are right, after getting few% of profit I loose control, it's not relax, but .... hard to say - stupidity? ;-) I think the ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013the title says it all. the method is great (and it's choros not chronos, few guys that trade it and stick strictly to the rules get very good profit of it and my aim is to get to that point as well), but after some time I "expand" its rules (higher ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013I do, after I wipe my real account I come back to demo ;-) from Monday I'll try to stick only to rules ;-)
My mentality - my problem
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Eur Usd replied Feb 28, 2013Hi I really appreciate your help I have confidence in the system, it is me that sucks. the system brings me up to 80% a month so far, at about 60% good trades. then it is too much confidence and greed that kick in. I expect same profits every day no ...
My mentality - my problem
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Eur Usd replied Feb 28, 2013I get your point guys. This is what I trade: url and I've tested this method many times, and it always gives me good profits, but then greed kicks in and I want even more, I want to catch every move, and then I fail due to greed, anger, revenge, ...
My mentality - my problem
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Eur Usd replied Feb 27, 2013Hi I don't think my account is overlevereged (1:50 account, my risk is 7pips=1% adjusted then behind nearest round number, so sometimes it may be more that 1%). I can do constant profits for longer period with 3-10% a day with 60% of good trades and ...
My mentality - my problem