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Horst's Trades
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Created: by er2wizard Attachments:8

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Horst's Trades

  #41 (permalink)
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bluemele's Avatar
 
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Well, that is what I keep telling myself. Thanks Horst. It will come, just a matter of time.

Keep posting and keep inspiring.

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  #42 (permalink)
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TOO Much Stress?????



“The more I am around people, the more I love my dogs.” ~Author Unknown
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  #43 (permalink)
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This morning was kind of a blur. Just glad that I moved my profit target when I did, rather than screw around. Something that I will need to make note of and remember in the future.....



“The more I am around people, the more I love my dogs.” ~Author Unknown

Last edited by er2wizard; March 7th, 2011 at 06:58 PM.
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  #44 (permalink)
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CL spike

That movement on the CL was amazing. I thought it exceeded your target. Is there such thing as positive slippage?

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  #45 (permalink)
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"CL will more than make up for that". You weren't kidding, it made up for it big time. Thanks for the video.

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  #46 (permalink)
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pippinaintez View Post
That movement on the CL was amazing. I thought it exceeded your target. Is there such thing as positive slippage?

Actually what happened was that I wasn't watching the screen and when I glanced back it had started its jump down. I lunged for the mouse and lowered my target from the 76 ret to the double bottom, and then un-paused the video. So no, it hit where I put it, but a split second later, I would not have moved it in time... But yes, slippage can go both ways, it just never seems like it.

“The more I am around people, the more I love my dogs.” ~Author Unknown
 
  #47 (permalink)
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RosDaBoss View Post
"CL will more than make up for that". You weren't kidding, it made up for it big time. Thanks for the video.


hahahaha yeah, how bout it......Thanks for watching Ros

“The more I am around people, the more I love my dogs.” ~Author Unknown
 
  #48 (permalink)
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Horst,

Great trading. What a good 'problem' to have. That was fast. Gotta love it.

Oh, and I hope the video above was not a recording of you and your previous training coaches when you started. haha..

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  #49 (permalink)
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bluemele View Post
Well, Horst has an immense loyalty to those who gave him the profitable 'edge'. So, you will see some defending of NFT and all that. However, Horst is his own person from what I have discovered and a legitimately good trader.

If you look at both of our journals you will see that we take our trades off the same 'guidelines', but he is much better at waiting and seeing price action correctly.

To be honest, most people can't follow his trades even if he explained them as some of them I don't even get and I have been doing this system for 18 months. He knows when to hold em', knows when to fold em', knows when to walk away, and knows when to run.

This answers the next question as I believe he has been doing this for just over 4.5 years, ex-contractor and spent a couple years gleaning a massive amount of chart time to truly understand his limitations and overcome those. (He is a very big believer that you do not need to spend as much time learning the ropes as he did)

I have had a challenge overcoming my changing of the system and minimizing it and basically creating a break even system. Horst has been helping me to get back to see the 'big picture'. (not for money)

He is very loyal like I said, so expect some 'feedback', but besides that I think if you sit back and watch it you will glean information from the vids.

I did the same for several weeks, but because I wasn't profitable nobody cared. haha..

YouTube - Kenny Rogers - The Gambler

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  #50 (permalink)
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Traded the CL again today the setup for entry was text. Need to pay attention to my pivots more as the trade progresses and move them accordingly. Also exited a little too soon..... BB's on 610 said more down but I didn't hear what they were saying.


“The more I am around people, the more I love my dogs.” ~Author Unknown
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