Recent content by TheWinningAttitude

Sometimes when I find a good set up, I get over excited, and don't go through my check list because I want to get in at the best price. I don't check for support and resistance on all the time frames, I don't check for TP/SL levels, and sometimes I don't even check the 15M, 5M, and 1M chart for...

I don't think I've been over trading, but the last couple days I've looked at the charts in all the time frames way too much. Over watching is what I'd call it. I switched to real money and after 4 trades I'm up $5 and using the smallest lot size.

This works I just sampled this strategy with NZD/USD at 22:00 PST on the 5M chart and it's caught 57 pips and counting! Same with GBP/NZD 5M starting at 22:05 PST. Thank you for this configuration! I was hoping to find an optimal config for daytime trades just a couple days ago. This works...

I'm reading The Market Wizards and on page 99 in the interview with Randy McKay discusses, he discusses his strattegy to stay in business when on a cold streak. He decreases his volume when he goes on a cold streak and gradually increases it back. I like the idea and am putting it here for...

I picked three trades last night before I went to bed, and all were up about $50 in the morning. 3/3 is a good start to a strategy. I'm thinking out loud, so here's my system I'm looking to test, modify and make this work consistently unless there's reason to abandon it. I set up the Zig Zag...

This week I decided to trade more than study. For the last few weeks I was 80:20 study:trade. This week I reversed the numbers. I rode a strong short on the EUR/MXN and profited $175 based on the bollinger band break. All my other trades have been a loss or minor win and I'm down $400 on the...

Why don't you trade on a simulator before you start using real money? Sounds like you have a job already. Get good at trading for free....You literally can't lose on a simulator. Remember the motto "Live to trade another day" - No more than 2% of your account should be risked on a trade so...

Lost $200 in the simulator. It was only $150 and I started over trading, hoping I could catch a quick swing in the right direction. I knew I was over trading but was so sure of myself. I incorporated bollinger bands in my tool set yesterday. I have been trading on 9EMA/20EMA cross overs, MACD...

I made my first winning trade in a paper simulator. Think or Swim showed me a descending triangle, which turned into a symmetric triangle. I read this as a signal that downward momentum weakening because the support level broke, and a breakout was impending. I bought at .76789, set a limit at...

Are there any computers you guys would recommend I get? I'd like to use three twenty-four inch 1920x1080 screens simultaneously. I don't want to go over $600

Thanks for your wisdom Wkly. If this was easy, everyone would do it. Only those with the desire, patience and dedication thrive trading. Swing trading, options and forex are of interest too. I made some random swing trades and option purchases in the past when I was taking trading less...

Hi everyone! I want to become a career day trader in order to gain freedom from the 9-5, have those days where I make my daily goal in 15 minutes, and learn a skill that will always be a respectable way to earn money. The first and only book I have read is "How to Day Trade For A Living" 3rd...