Soultraders Clinic :)

thread: Soultraders Clinic :)

  1. #1
    Junior Member isis91's Avatar
    22

    Soultraders Clinic :)

    Hi,

    Im Soultrader out of the UK.

    Ive been around the internet trading websites since about 2003 and many of you will know me.

    For people who don't here is a brief resume.

    I began my trading career on the Dow Jones index coming up to six decades back. I began by spread betting at 10 pence per pip.

    During my'training period' I was able to lose over #4000 together with my 10p a pip trades! . Guess that's the price of the first training module!

    I moved over to Forex at 2004 and have stayed in that arena ever since.

    In 2005 I became a trader for an advisory firm based in New York at which time I had been trading as much as $15 mio.

    I've made a lot of cash, but I have also had a significant fall from grace when my major platform collapsed in late 2006. During this time I lost almost 70 percent of my trading bank and also struck on the two days before Christmas whilst on business in New York.

    I learned a huge amount from the encounter and I almost gave up the trading match in utter fruion along with a broken heart.

    However since that time I have gone from strength to strength - anyone can lose a lot of cash in this game - but only a fool doesn't learn from the encounter and repeats it again and again.

    The expertise of investing out of next to nothing to countless and then back to low limitation transactions has taught me much.

    Am back trading adequate size, I've my own clients who is money I look after as if it were my own. Im not back in the 150 lot transactions I used to do however it's getting higher and higher as every month rolls .

    My trading sytle is that of a trend follower. My transactions last from hours to weeks and you're able to watch one of my accounts http://soulman.copperstream.co.uk/so.../statement.htm if you want - it's updated hourly.

    I trade any device that trends and don't care at all about fundamentals apart from I want them to move the market.

    I don't know everything nor do I believe I ever could, but I really do have a lot to talk about.

    This ribbon is my Clinic and I am the Doctor I figure

    I'd prefer any questions asked by PM unless you are a 1KT member.

    I want my advice to be asked by those who've been in the game for at least 2 decades. I am afraid I do not suffer fools gladly and expect folks to have done at least some of the leg work before asking questions - freeloaders who want everything for no job get nowhere with me and nor do those playing trading with a couple of hundred bucks.

    Those who are newbies may say - hey, why can not I ask - well basically because you are so inexperienced and also the first two decades will get you around the ladder - in the moment you are swinging a sword at the dark trying to hit something - it takes about two decades for the lights to come on - even in the event that you believe that you are a professional trader - you aren't, trust me.

    Some will even say'how would you know when I was a newbie or not' - Well trust me with this one also, you could tell a newbie mile off from the characteristic of the question along with the mindset of egy. Might as well hang a neon sign around their neck

    So that's it, I believe this 1KT group thing ought to work nicely provided that we could restrain the spoilers.

    Please, come together with respect and you will get the same in return.

    .

  2. #2
    Junior Member isis91's Avatar
    22
    Just so those interested know I currently post most days in my own blog http://diary.blogspot.com/

    dull trades that last for days so dont waste time if you're a daytrader.

    Good luck all for the future

  3. #3
    Junior Member Vaittayre89's Avatar
    1
    Ahhh so thats where you went... Ill check it out. Thanks!

  4. #4
    Ahhh so thats where you went... Ill check it out. Thanks!
    Certainly that can't be right? For something stops are mentioned by him!

    if you are considering shorting the pound then recall - sell the rumour buy the fact - I have a feeling this is going to be the play now and if I was around I'd buy cable just before noon with a tight stop - they are totally expoecting another big drop - personally dont believe it will occur so a possible news fact trade there.

  5. #5
    Junior Member isis91's Avatar
    22
    You forgot to put the remainder of the sentence.

    'then again what the fuck don't know - just follow the money and you also can not go wrong!

    Like most traders - just see what affirms your ideas and ignore the remainder.

    Im glad I bought you a few amusement

  6. #6
    Sorry Soul, could not withstand the quip about stops - in view of the aired opinions previously in this thread.

    To all newbies out there, I commend a full reading of the thread.
    Nowhere else at the Factory have I found these useful insight in dealing with the most difficult component of trading.

    For myself personally I guarantee to not scribble in the bible again!
    ( I might bump it to get visibility sometimes )

  7. #7
    Junior Member isis91's Avatar
    22
    Ahh, but have you ever seen how big my stops?

    ps, I hate stops - so whats the response regarding why I use em?


    COS I'M NOT HERE LOL

    I would never use a stop if we're here, might too paint a target on your mind.

    Have fun primate, thanks for the respect - much appreciated

  8. #8
    Junior Member isis91's Avatar
    22
    Good evening.

    Merry Christmas all!

  9. #9
    Junior Member Peipei64's Avatar
    11
    Were you aware your links are broken?

    great day.

    Merry Christmas all!

  10. #10
    Junior Member isis91's Avatar
    22
    New one Afterward...

    https://www.cliqforex.com/trading-sy...ck-1-35-a.html --TNT--
    FX Student
    Member Since Jul 2006
    Posts: 116


    Issue for Clinic
    Hi Soultrader.

    Just how are you? I hope you're well. I have been following you thread from the start and I have to saycliqforexdesire more thread like yours(Soaltrader's Clinic). I've been dying to ask you some issue but just this week I'm qualified to you demand (2 years experience). Thankfully alot of my query had been asked by others. Ok lets get down to business.

    If we have a look round, there are lots of kind of indiors. Technical, Mechanical and Fundamental. I have been in this forum long enought to note there are 3 ways individuals exchange the market; (1) Predict the market, (2) Follow the market and (3) Trade kindly

    Im not a pro but I'm completely against with pridiction. Among the reason, that was why I failed in the past. I belive nobody knows where the market is going. Should they get it right with their prediction, I decide to say they were simply lucky. That's my opinion. Since Im still considerd as a newbie, perhaps I'm missing some thing.

    Trader A: Cable is going to 2.0600. When it reaches that amount, it is going to retrace to 1.9800.
    Trader B: How would you know?
    Trader A: I utilize Fibonarcci retracement and expansion.
    Trader B: I'm sorry but I think Cable is going down to 1.8000. The fundamentals have shown us clearly that the market is going south. Cable have been bought for a long time.

    I would like to hear your comment on this topic. Is there some thing wrong with with Trader A and Trader B or like most people say,This is Forex. What's possible?

    Im sorry if my english is poor. I can't think of better way how to ask this question. Engish is not my first language.

    Thanks ahead of Soultrader.


    Hello matey, thanks for the query.

    Not really certain what you are asking - both trader A and trader B seem to be longer term traders and the two could be right but in different timeframes.

    The question is why if you give a toss what any of them think? As a trader you must develop your own opinion on the market and disregard what anyone else thinks. Why is it that you feel that forums are full of newbies and devoid of many professionals? It's because newbies and intermediate transactions really care what others think, while the seasoned pro doesnt give a toss what anyone else thinks and just trades their egy, wether it's technical, fundamental or finger in the air.

  •