learn to trade nubcake. stop arguing and learn to trade. dont argue with the market, dont be so rigid. open your mind. i listen to you, i will consider whether stop losses might in fact be beneficial and maybe conclude that a "catastrophic stop" ...

Real Fx traders do not use stoploss

by the way, you touched my ego a little bit. i might be in it 5 months, but 1- i have doubled my account 2- i have a clear understanding of what is going on in front of me in the chart 3- i achieve consistent profits 4- i do not feel like ...

Real Fx traders do not use stoploss

i see what you're saying, to each his own. at the end what matters is positive equity growth, and being able to understand our limits, our threshold of pain. and understanding our methods. the strategies that will yield the best result is the once ...

Real Fx traders do not use stoploss

i understand were you are coming from, and believe me, that is the approach, and mindset to have. as the art of war says, "fight only when the enemy is already been defeated" it is using our brains, at all times, and chosing the best posible ...

Real Fx traders do not use stoploss

custos, i always thought of you as quant trader, very smart and our views are sometimes similar. so i do want you to open your mind to somethings that might be beneficial to you. there are many types of styles of trading. for example, most traders, ...

Real Fx traders do not use stoploss

confidence is of great importance ego not so much, the US and its ego, the worlds most powerful nation, the king of the monetary system. china and its ego. at some point in time i think Taiwan is gonna be the point were the new power challenges the ...

Technical Analysis Fallacy

fti, sir, how are you feeling? i am glad you are up and about. im working on a rescue (it is all my fault, i got called to see patients at night and things were going my way) i came back and boom, price had moved the other way. just my scout, so im ...

Technical Analysis Fallacy

i am not an exepert at all (yet) but the best advise i would give some one besides read the first 200 pages. is sit in front of the screen and OBSERVE. observe price movement, behavior, patterns, time of the day when moves happen. JUST OBSERVE AND ...

Technical Analysis Fallacy

i think some of the "experienced" traders here should go back and read the first 200 pages. we all trade different, as long as we have contingency plans, risk parameters, good sound MM in place and a sound strategy that OUR generals devise that our ...

Technical Analysis Fallacy

i dont think so much of support and resistance, its more like, capacity, and momentum

Technical Analysis Fallacy

ok dude, you must have been in the debate team. because all you want to do is argue. i you claim that you are not profitable but not unintelligent. i think you lack the willingness to learn and become profitable. there is no reason to lose a trade, ...

Real Fx traders do not use stoploss

HAHAHA i see he has some hispanic in him lol, in mexico people shoot up at the sky in celebration. all my uncles do, and i run for cover praying not to get a bullet returning back to the ground.

Technical Analysis Fallacy

its not good fortune noobcake, its mathematical calculations. phi to pi ratio, phi= 1.618 my progressive attack sequence is 1,1,2,3 that is a total of 7 lots in the market correct? the reason for phi progression is that it takes 50% retrace to wipe ...

Real Fx traders do not use stoploss

i can't P.M you for some reason. P.M me we could chat privately, lets stop cluttering the thread. the OP wanted to know if big forex players used stop losses. i made my self clear on this matter. (if i stop taking losses of course i wont lose? yea ...

Real Fx traders do not use stoploss

i invite you on a live session, ill guide you through it, if you like. if you are not profitable, maybe something needs tweeking, keep at it. you will be there once. try reading crusial points thread, it is pretty good as well, he is right there is ...

Real Fx traders do not use stoploss

ok nubcake, this is the last response, i am a novice strategist, look at my title. my style needs polishing, i need to learn more form the traders that know more than me. i find nothing wrong in that. i am humble and when im corrected i accept it ...

Real Fx traders do not use stoploss

by the way just averaged my way out a missed time position, otherwise it would have been a loss. now with the book intact i can try to find a good entry in the right direction. maybe i should have put a stop loss and take the loss.

Real Fx traders do not use stoploss

i take it you didnt understand and tried an got screwed in the butt with no lubricant its ok, its not for every one, just as the concept of putting a stop, get hit and lose on a trade that was sound. makes no sense to me. i can try to ...

Real Fx traders do not use stoploss

correct, i mean the market will finally be the one to tell you whether a rescue operation is allowed, if you are fighting against the trend averaging close to market on a correction can still bring you out. but the dangers of a snowball bullet to ...

Real Fx traders do not use stoploss

correct. FTI never said dont use stops average till you get out (that is foolish) if you read the thread, it teaches you how to fight your way out of bad positions, but always protecting the book, the stop loss is mental, the objective is to never ...

Real Fx traders do not use stoploss