This week practice results ...
still have two ongoing trades ..
still have two ongoing trades ..
"AUSSI" my thread and anything I want to put here
- #2,541
- Edited 11:38am Nov 21, 2019 11:17am | Edited 11:38am
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
- #2,542
- Nov 21, 2019 11:38am Nov 21, 2019 11:38am
- Joined Jun 2007 | Status: Trader | 1,010 Posts
Aussi, I've enjoyed your thread very much. I've never liked scalping and did not start following your thread to become a scalper. I joined it because you're a consistent and profitable trader and you don't care what other people say or think of you. (Except maybe your brokers. 
)
I'm a swing trader. You've seen that in the charts I've posted and the take profits I set/hit. However, I do see the relevance to getting out before things turn red so for the last week I've been practicing scalping because a great swing trade starts out as a great scalp trade.
Now my entries are better. AND my stop losses are smaller...which means my 1% risk allows me to have larger lot size on the trades, which leads to larger profits...while still only having 1% risk. It's almost like I've tuned up my car and am now getting better gas mileage!!!
Thank you for your love of trading...and for your ability to put up with us humans.
)I'm a swing trader. You've seen that in the charts I've posted and the take profits I set/hit. However, I do see the relevance to getting out before things turn red so for the last week I've been practicing scalping because a great swing trade starts out as a great scalp trade.
Now my entries are better. AND my stop losses are smaller...which means my 1% risk allows me to have larger lot size on the trades, which leads to larger profits...while still only having 1% risk. It's almost like I've tuned up my car and am now getting better gas mileage!!!
Thank you for your love of trading...and for your ability to put up with us humans.
- #2,544
- Nov 21, 2019 8:49pm Nov 21, 2019 8:49pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
️
just for a cup of coffee...
- #2,545
- Nov 21, 2019 8:53pm Nov 21, 2019 8:53pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
people leave, but this thread will go on for ever
- #2,546
- Nov 21, 2019 9:40pm Nov 21, 2019 9:40pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
Aussi, I've enjoyed your thread very much. I've never liked scalping and did not start following your thread to become a scalper. I joined it because you're a consistent and profitable trader and you don't care what other people say or think of you. (Except maybe your brokers.
people leave, but this thread will go on for ever
- #2,547
- Nov 22, 2019 1:29am Nov 22, 2019 1:29am
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
- #2,548
- Nov 22, 2019 2:50am Nov 22, 2019 2:50am
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
Closing gap M1 scalp ...
- #2,550
- Nov 22, 2019 7:58pm Nov 22, 2019 7:58pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,050 Posts
I wouldnt say guessing ,,,, I would phrase it more like,,, A signal showed up,, when the projection from the monthly chart was hit ,,, may seem like it at times ,, but the ole mkt does not move as fast as one would sometimes think ,,,, ,, tht signal is finally making a bit of headway ,, daily 200 down a bit along with an old quarterly high ,, its a bumping and grinding er way down there ,, long process in a bull mkt ,,but oh so much to be made ,,, worrying about one would think a bank is signaling never made me a dime ,, worrying about what a chart and some levels are saying pays way better day in and day out 
- #2,551
- Nov 22, 2019 8:08pm Nov 22, 2019 8:08pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,050 Posts
Flat out getting whacked the last month ,, if I was a bank I d be saving all the buy orders I could and drop em in just when it looks like some headway is being made lol,, 
- #2,552
- Nov 22, 2019 9:39pm Nov 22, 2019 9:39pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
Flat out getting whacked the last month ,, if I was a bank I d be saving all the buy orders I could and drop em in just when it looks like some headway is being made lol,, {image}
people leave, but this thread will go on for ever
- #2,553
- Nov 22, 2019 9:40pm Nov 22, 2019 9:40pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
I wouldnt say guessing ,,,, I would phrase it more like,,, A signal showed up,, when the projection from the monthly chart was hit ,,, may seem like it at times ,, but the ole mkt does not move as fast as one would sometimes think ,,,, ,, tht signal is finally making a bit of headway ,, daily 200 down a bit along with an old quarterly high ,, its a bumping and grinding er way down there ,, long process in a bull mkt ,,but oh so much to be made ,,, worrying about one would think a bank is signaling never made me a dime ,, worrying about what a chart...
yes perfect
people leave, but this thread will go on for ever
- #2,554
- Nov 22, 2019 9:58pm Nov 22, 2019 9:58pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
and to highlight gold on fridays sell limits in place taken and its all over 
people leave, but this thread will go on for ever
- #2,556
- Nov 23, 2019 1:16am Nov 23, 2019 1:16am
- Joined Sep 2013 | Status: Trader | 25,137 Posts
people leave, but this thread will go on for ever
- #2,558
- Nov 23, 2019 2:44am Nov 23, 2019 2:44am
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
It was my fourth week of scalping … still 48 weeks to go ...
results ... (I do demo only) all trades closed, no trades on going.
first account
second account
Summary: 478 trades and 1416,2 pips gained
I think, correct me if I am wrong, enough data to analyse. As never used SL, so number of trades had big DD before was closed in profit, mainly thanks GU was in range last four weeks…
Now will look for reasons to do not take trades and implement this observations into my game in coming weeks … this is a huge work must be done … must take close look on everyone trade taken. And, at least basic rules has to be established
Have nice weekend
BN
results ... (I do demo only) all trades closed, no trades on going.
first account
second account
Summary: 478 trades and 1416,2 pips gained
I think, correct me if I am wrong, enough data to analyse. As never used SL, so number of trades had big DD before was closed in profit, mainly thanks GU was in range last four weeks…
Now will look for reasons to do not take trades and implement this observations into my game in coming weeks … this is a huge work must be done … must take close look on everyone trade taken. And, at least basic rules has to be established
Have nice weekend
BN
- #2,560
- Nov 23, 2019 3:53am Nov 23, 2019 3:53am
- Joined Sep 2013 | Status: Trader | 25,137 Posts
people leave, but this thread will go on for ever