My Live trades

This is a discussion on My Live trades within the Trading Journals forums, part of the Reception category; Originally Posted by wirraltraders Got my eye on the 61.8 and 50% fib on cable, fiber and aud/usd.. Posted (above) ...

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Old Oct 1, 2010, 4:29pm   #409
Joined May 2010
The Mother of all scalps!

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Quote:
Originally Posted by wirraltraders View Post
Got my eye on the 61.8 and 50% fib on cable, fiber and aud/usd..
Posted (above) at 2.14 GMT today

If you had actually taken a buy within about 1 or 2 pips of the 61.8 Fib ( 4 hr TF) on all these three currencies at once, by my calculation, you could have made about +150 pips in about 20 mins!

It really wouldn't surprise me if there were a few savvy Traders on here who actually did that....
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Old Oct 1, 2010, 4:53pm   #410
 
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Joined Mar 2010
Re: My Live trades

Sorry, I had it in my head that it was no more than 3% - i didint realise it was 3%.
I wont ask again


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Originally Posted by wirraltraders View Post
If you read my previous posts, you will see that I will only risk 3% of my capital on any one trade or combination of trades. From a risk reward ratio, that is a reasonable postion to take if I simply let my losers take my stop. However as you have seen, I don't do that. As often as possible I set v close stops when the trade allows, then b/e, then positive (manual trail) until I've banked my profit. That puts the risk reward through the roof in my favour. Apart from taking the right trades obviously, the Stop Loss is my main tool in minimising losses and taking profits and maintaining and increasing Capital. Thats part of the Money Management system I teach and its based on a series of Market "tests" based on S&R. Its all very well take the odd good trade, but unless you bank the money from it, then its a waste of time..
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Old Oct 1, 2010, 5:46pm   #411
 
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Re: My Live trades

Good performance, most of your entries are posted at time of trading. There are a couple of negatives,but Ill hapilly accept t2win has been very slow,and 30 secs is a long time. I understand that you scalp as well,so posting those trades in realtime is a lot harder. Even if I counted everything against you and took the time of posting,you are ahead for this and last week. Have a good weekend
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Old Oct 1, 2010, 5:51pm   #412
Joined May 2010
Re: My Live trades

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Originally Posted by Lord Flasheart View Post
Good performance, most of your entries are posted at time of trading. There are a couple of negatives,but Ill hapilly accept t2win has been very slow,and 30 secs is a long time. I understand that you scalp as well,so posting those trades in realtime is a lot harder. Even if I counted everything against you and took the time of posting,you are ahead for this and last week. Have a good weekend
Yeh sometimes scalp for fun on a Friday as well as winding up Black Swan. We all need a little me time...
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Old Oct 1, 2010, 5:53pm   #413
Joined Nov 2008
Re: My Live trades

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Originally Posted by wirraltraders View Post
Yeh sometimes scalp for fun on a Friday as well as winding up Black Swan. We all need a little me time...
LOL, you think YOU are winding ME up? Wow, good luck with your issues...

Oh btw, that link at the bottom of your posts is broken, surprising that given you gave birth to the Interweb..

Try this one, or direct all your *students* to it, cuts out the middle man eh?

http://www.whichwaytoday.com/

Last edited by Black Swan; Oct 1, 2010 at 6:00pm.
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Old Oct 1, 2010, 8:38pm   #414
Joined May 2010
Re: My Live trades

wirraltraders started this thread
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Originally Posted by Black Swan View Post
LOL, you think YOU are winding ME up? Wow, good luck with your issues...

Oh btw, that link at the bottom of your posts is broken, surprising that given you gave birth to the Interweb..

Try this one, or direct all your *students* to it, cuts out the middle man eh?

http://www.whichwaytoday.com/
You have to pay for that site and hundreds more like it. I'm pretty sure these people and a few others like them, follow me on Twitter.

By the way, that "colleague" who I'm also supposed to be copying my trades from ("over his shoulder") is 22 years old and is the son of a friend. He's been trading for 4 years since he left school. I'll let you work that one out for yourself. It would seem that as more and more is revealed, you look further and further adrift from the reality of the situation...

You're only local to me, why don't you come over and I'll show you round the place and my Trade Room.
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Old Oct 1, 2010, 8:57pm   #415
Joined May 2010
Re: My Live trades

wirraltraders started this thread Try this one, or direct all your *students* to it, cuts out the middle man eh?

Yeh, just checked and "TraderDavy" aka http://www.whichwaytoday.com/ started following me about a week or so ago. Hope that wasn't your best shot, give it another go.....
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Old Oct 1, 2010, 10:03pm   #416
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Re: My Live trades

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Originally Posted by wirraltraders View Post
You're only local to me, why don't you come over and I'll show you round the place
Fook, I didn't realise you're a pikey and the circus was in town...are you the sad clown?

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