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self coach trading
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self coach trading

  #261 (permalink)
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finish the combi with another tt trade

another @tigertrader trade (tt) to finish the combi 150k

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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #262 (permalink)
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reflexion about size

after receiving some recomendations from @mfbreakout about the size, and the relation with equity and target i decide to not continue the 450k 45lot test, i need to decrease the max size, then i think it will be better change the parameters.
450k target 20k max daily loss limit 10k max dd 20k max size 15 20 days targeting 2k in winning days to average 1k per day.

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #263 (permalink)
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forex challenge


i m doing a forex challenge SIM, then it require to study new things, open the mind, and test other things.
i am using w/d charts and 60 min to trade. i will let open the positions, i thing this will be more relax
i was studying the leverage, lots, spread, etc
and also i can see all the charts as pairs, i will put the focus on similar relations with futures
i select the pairs with similar fut 6e,6b,6c,6a,6n, and 6j but this inverse
i apply the warning with leverage
practice to read the charts, and take decisions.

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #264 (permalink)
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is the first time that i have done something like this

i was wondering ,when i was reading threads how can the traders do that
and today i have done it, first time

trade1
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+6@34
-3@43 vwap
+3@38 pullback
-3@51 Yhi =OSH
-3 @mkt 55 nearIBH



also i reach and overpass the daily goal soon, and i not use more than 6lot

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well done!!!
well done!!!
well done!!!
well done!!!

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself

Last edited by alejo; September 30th, 2014 at 01:10 PM.
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  #265 (permalink)
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prep for today

waiting NFP to explode

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and forex challenge update
this morning

bef london open
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all about DX, if it go up ok
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at 638ct
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La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #266 (permalink)
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patterns

i am finding I am consistently :
tend to be counter trend
closing too soon nice positions
when i see my hypo is wrong , i hold and hesitate and i finish holding a big losing position with 3 consequences:
1 loss$
2 lost of others opportunities
3 lost of the same opportunity to reverse
4 wasting time waiting
5 i am risking too much, specialy when i want to fix a mistake
6 i am not able to decide what side go

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The fight is fair against oneself
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  #267 (permalink)
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alejo View Post
i am finding I am consistently :
tend to be counter trend
closing too soon nice positions
when i see my hypo is wrong , i hold and hesitate and i finish holding a big losing position with 3 consequences:
1 loss$
2 lost of others opportunities
3 lost of the same opportunity to reverse
4 wasting time waiting
5 i am risking too much, specialy when i want to fix a mistake
6 i am not able to decide what side go

How many trades do you take per day?

How many times do you switch directions? Why?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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  #268 (permalink)
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help from mike


Big Mike View Post
How many trades do you take per day?

How many times do you switch directions? Why?

Mike

mike, first of all
thank you very much for your interest, time and effort to try to help me
secondly, i would like to congratulate for your cl trade, i was remembering when you enter at 107 announcing the 84 target, and was reached the other day

and regard your questions,
i do not have a fixed number of trades, but thinking on that, in the last test where i was building a position, maybe 2 or 3

but there s days than i can make 10

i change the directions, when i find myself on the wrong side, but later i realize, i am on the wrong side again, and reverse again...then my conclusion is i do not know where the direction is

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #269 (permalink)
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finish the forex challenge underwater

at first i have started with less instrument,plan to trade future related pairs, building the positions, i reach 117k from 100k, but then severals things happens to me, i increase the size on the entries, i use too much leverage, i got hitted 3 times margin calls closing all, and the slip down, was unstoppable, overtrade, holding overnight big size, when the end of the challenge get closer, i try to recoup, and increase the stupid things i was doing, i try to catch the opportunities in the 16 pairs, one there, one here, chasing, acomplete nonsense
instead of stop, emotional decisions take over
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lesson: the bad things can start quickly

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #270 (permalink)
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continue combi 450 and ontrack again


today i made a trade
trade5, fantastic, i entry, manage, addup, scale out, addup, flat
it is not the size, i use small, in this, but the focus, the manage, that was fantastic,
it could be better, entry before, exit later, etc, but i think this is my best trade
i was thinking how i can do something like this, and i think it was very good!

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also the day was very good 3xdailygoal

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