thread: Averaging when already In the RED....

All positions closed with monitoring stop at 97.71 and total profit of 2.3percent for 2 days work.

regards
daytrading

Show-off. Haha.

Very Good.

Leon

DT, man, your a machine, lol.

Were you taught how to trade or did you put together your trading perspective while working in the business?

Leon

Hi Leon,

I am a self-taught trader. On the way, I have met some traders however.

regards

Show-off. Haha.

Really nice.

Leon

that I must say that it is not usually my habit to display either my transactions or the way I conduct them. I have felt for some time now that people must choose what one says in here in face value and undoubtedly questions arise sooner or later about a members genuinity.

To counteract the possibility of being called phony and also to reassure newer traders that what comes across is real, I have picked your thread to place a few trades on screen - if you don't mind of course.

I also thought that your interest in enhancing your own skills might benefit from it - although I think we're somewhat beyond answering your primary issue of the thread.

regards

I must say it is not usually my habit to display either my trades or how I conduct them. I've felt for some time that people must choose what one says in here in face value and questions arise sooner or later about a members genuinity.

To counteract the possibility of being called fake and to reassure newer traders what comes across is real, I've picked your thread to place a few trades on screen - if you do not mind of course.

I also thought your interest in enhancing your own skills might gain from...

I believe you already know I dont mind In the slightest, and Im very pleased to see anything your prepared to show.

I think that the problem usually arises (and rightly so) if a new member joins and spends 12 hours a day advertising himself on the forum and trying to gain followers utilizing very obscure indior systems. One must ask, what's the reason here which is worth the posters attempt.

I think you already know I dont mind In the slightest, and Im very happy to see whatever your prepared to show.

I feel the issue generally arises (and rightly so) when a new member joins and spends 12 hours a day advertisements themself on the forum and trying to get followers using very obscure indior systems. One needs to ask, what's the reason here which is worth all the posters effort.

Very true, Leon -

regards

Hi DT,

Ive been playing around on demonstration splitting up my possitions In a similar manner you've shown inside this thread, but after looking back in your Long UJ possitions I've a query. Was the commerce created based on only factors?

Im looking to go short GU round the 1.5 level, I'll average (up down, lol) and place the transaction regardless of the way that it goes If price becomes there.

Leon

Hi DT,

Ive been playing around on demonstration dividing my possitions In a similar way you've shown In this thread, but after looking back at your Extended UJ possitions I have a query. Was the trade made based just facets?

Hi Leon,

I don't care much about fundamentals except when expectations come to play for interest rates. My rankings are build early in the week and if they continue until the end of the week, NFP numbers have the potential to take a trade which is profitable out on trailing stops or with luck send the PL to the osphere.

As I mention in my profile, I either follow trends or trade the break-outs. When I follow a tendency, I look whether the price goes up if I want to be long and conversely if I need to be brief, I will be searching for the price to move down. Trading this way you need to bring flexibility into the table - but time is in your favour since larger trends often have a bit of time to materialize (a bit like if the Titanic was attempting to avoid the crash with the iceberg - the wheels so to talk don't work really quickly in water).

To respond to your question: if you class the visual characteristic of studying a chart and determining on the grounds of this graph's direction which place to consider as technical, then yes, it was a choice of technical character.

regards

Hi Leon,

I don't care much about fundamentals except when expectations come into play to get interest rates. My positions are build early in the week and should they continue until the end of the week, NFP numbers have the capacity to take a transaction that's profitable out on trailing stops or with fortune send the PL.

As I mention in my profileI follow trends or trade the break-outs. If I follow a tendency, I seem whether the price goes up if I want to be long and conversely if I need to be brief, I'll be searching...

Thanks for the clarifiion DT.

Another personal question, After how long across the markets did you start to think about yourself a competent trader?

Thank You for the clarifiion DT.

Another personal question, After how long across the markets did you start to consider yourself a capable trader?

Once I started respecting the risk involved and once I realized the simplicity of this bigger picture.

regards