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Showing results 1 to 5 of 5
Search: Posts Made By: Newzy75
Forum: Emini and Emicro Index January 2nd, 2015, 04:08 PM
Replies: 70
Views: 21,957
Posted By Newzy75
At 06:30 AM I look at the overnight session and...

At 06:30 AM I look at the overnight session and how markets have evolved in Europe. I prepare my trading plan for the day.
I start trading from 08:30 until 16:15. If the market is very directional...
Forum: Psychology and Money Management January 2nd, 2015, 03:04 PM
Replies: 43
Views: 13,082
Posted By Newzy75
I always have a stop, but most would consider...

I always have a stop, but most would consider this a large stop. I place my stop where it means the market is potentially shifting. It is also my fire exit (unexpected event).
When the market tells...
Forum: Traders Hideout January 2nd, 2015, 02:55 PM
Replies: 9
Views: 4,529
Posted By Newzy75
Using short stops is a trap. You get stopped out...

Using short stops is a trap. You get stopped out too often by market noise and it does not mean anything.
You should always use a stop, but a stop that makes market sense. It should be your worse...
Forum: Psychology and Money Management January 2nd, 2015, 10:49 AM
Replies: 22
Views: 5,180
Posted By Newzy75
Recovering confidence

From my experience my advice would be to trade small positions. If you have the right methodology, confidence will come back quickly. It is like riding a bike, you never really forget.

It is...
Forum: Psychology and Money Management December 10th, 2014, 05:33 PM
Replies: 591
Sticky: Time to Give Up
Views: 193,287
Posted By Newzy75
What saved my trading

I learned to trade from a successful day trader. He started with 10,000$ in 1981 and made millions. When I met him I connected with his methodology. It made sense to me. I turned profitable after two...
Showing results 1 to 5 of 5

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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