{quote} Absolutely. You have to be patient for the entry set-up, and then patient for your target. How is your trading going?
- #1,441
- Jun 12, 2025 8:42pm Jun 12, 2025 8:42pm
- Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts
- #1,442
- Jun 12, 2025 8:56pm Jun 12, 2025 8:56pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} tbh bro its been up and down man but i have learnt alot and my strategy has been getting alot better. im alot there man i can feel it.
Emotional Control. Process, not outcome.
- #1,443
- Jun 13, 2025 8:19am Jun 13, 2025 8:19am
- Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts
{quote} Nice. Implement some solid rules with what you learn and you will manage your feeling much more better as you will not need them to make trading decisions. Best of luck.
- #1,445
- Jun 16, 2025 1:04am Jun 16, 2025 1:04am
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} Trailing stop has hit. This trade yielded a whopping $8665... my best trade this year! Now we wait for the final stage, and it might take a few attempts at the pupil zones I have marked up. Hopefully I can run the next trade all the way to make new all time highs.
It is done, all 5 stages of this experiment are complete. And what was going to be an experiment that looked like it was going to yield a few thousand dollars, it now looks set to make a lot more! With the sudden attack on Iran, the price bombed and gave unbelievable low price entry options again! Now, instead of the planned one entry, I now have 3, and currently running in thousands of dollars of profit.
All positions now moved to BE. I will take one position off at the ATH of about 111,000 ish. The rest i will just monitor as we move into a potential new cycle.
This has been an amazing experiment!
Emotional Control. Process, not outcome.
- #1,446
- Edited 10:40am Jun 17, 2025 10:27am | Edited 10:40am
{quote} THE CYCLE IS COMPLETE... WITH A BONUS BLACK SWAN EVENT!!!
What's Trading?
- #1,447
- Jun 17, 2025 5:49pm Jun 17, 2025 5:49pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} will it not go down to 102000? so a reversal should happen if the cycle is complete?
Emotional Control. Process, not outcome.
- #1,452
- Edited 4:24pm Jun 21, 2025 2:26pm | Edited 4:24pm
- Joined Sep 2015 | Status: Trader | 180 Posts
I am long since US$ 103,577.29. Stop loss at US$ 102,900.00. Take profit at US$ 104,500.00. {image} Two possible outcomes:{image} {image}
I am going short from now, at US$ 102,532.45. Stop loss at US$ 106,700.00. Take profit at US$ 101,000.00.
{quote} Hit stop loss. But I am not surprised. It seemed too weak to keep a bullish momentum. It may go downhill from now, below US$ 100,000.00. I am going short from now, at US$ 102,532.45. Stop loss at US$ 106,700.00. Take profit at US$ 101,000.00.
{quote} Hit stop loss. But I am not surprised. It seemed too weak to keep a bullish momentum. It may go downhill from now, below US$ 100,000.00. I am going short from now, at US$ 102,532.45. Stop loss at US$ 106,700.00. Take profit at US$ 101,000.00. {quote} I am betting high on this one: {image}
But I admit I made some bad and suboptimal decisions in this setup. I will seek to improve that on my next trades. I am not professional or making a living with this, then I have a lot to learn. And one of the most difficult things for me is when to cut losses and profit (is this risk management?) and to spot a good trading opportunity, I still have to improve a lot on that. But I have been making progress because I have stopped blowing accounts.
- #1,454
- Edited 5:22pm Jun 23, 2025 1:36pm | Edited 5:22pm
- Joined Sep 2015 | Status: Trader | 180 Posts
Trying another trade. I do not know if it will have enough power to break through, but I will give it a chance:
Risk reward is 1:2. Stop loss will be changed as trading develops. Take profit is fixed.
Risk reward is 1:2. Stop loss will be changed as trading develops. Take profit is fixed.
Trying another trade. I do not know if it will have enough power to break through, but I will give it a chance: {image} Risk reward is 2:1. Stop loss will be changed as trading develops. Take profit is fixed.
️
This was very good! Stronger than expected.
And if you are wondering, I just profited 2% on this trade. But my deposit is not big.
or is it about to crash 
? I do not know. But I am ready for it: