Recent content by j2a_aj

Re: The final Holy Grail! Fellas, chill out! Its his Trading Journal. If you like his trading support him. If not, just ignore the thread! Cmon, we are all here to make money not bog each other down. Happy Trading All!

It is betting and the house ALWAYS wins. For example, a coupla days back, the India 50 market budget was scheduled for release. A 120 point move usually has the risk reward ratio of 1:50. However, I saw IG markets move it from 1:12 (already high) to 1:4 in a matter of 4 minutes with no change in...

Hey Upthespurs, My input would be as follows : 1. Learn the basics of trading before you enter any form of trading. 2. Binaries are high risk as they have high time expiry and you can lose your capital very quickly even if the trade were to move in your direction. 3. Learn in detail about...

Okay, I'm telling you something that I was told not very long back. 1. Stop giving reasons to yourself. The only person believing that its okay is you. NOBODY and I mean NOBODY else cares. Dont give yourself reasons. If you have done something wrong.. well you failed. The only thing you can do...

hey t, true. but doesnt it make sense for you to cut your losses a.k.a take your profits on the zn trade? I think you are on the right track. Stick to your final set of rules. Stick to the stop loss - maybe make it a little wider/smaller on a case to case basis. But trust me. Following your...

I guess the concept of riding A lottery ticket and NOT buying MORE lotteries just because the first lottery seems profitable is something thats going into rule book.

It is this twisted concept of never using a stop loss. IF for example you short the dow @ 10650 and dow goes up to 10750, you open a second short @ 10750 . You keep doing this to eventually win every single trade of yours(even if it takes a few years!). The only deal is that your trades will...

makes sense. im toying around with the stop loss for now. Have you seen the 10p Gold journal ? they guy practices spanish stop losses!

interesting. what time frames do you use to select your s/r levels?

the zn position still open?

Would you happen to have a list of "CRITICAL TIME ZONES for EACH FUTURE"?

Sure Thing. Keep putting up your detailed analysis on your 9 futures! I'm consistently getting stopped out. Even if profitable, I'm not able to reach my target prices. Any words of advice on this ?

Hey T, Coupla things : 1. What is your usual stop loss %. Since I've started experimenting with futures, I'm still struggling to understand the portion of my investment that should be my stop loss. For eg. If your stop loss is 30 pips, how do you manage to pick your S/R point to perfection ...

Hey Tr, About ur JPY, isnt JPY on a larger uptrend ? In which case, according to your 33% rule & to Seiden, shouldnt you be entering the rebound on support and not the sell @ resistance ? Cuz if I remember right, Seiden says resistance on an overbought zone in an uptrend means NOTHING. Let me know.

booked a decent profit on the ZN? Nice!