hey all
will try to catch up later today and drop a few bits in....please ask any questions again on the 80/20 system and I will try to answer them - although I repeat again these will be my own observations and please do not treat these as the diffinitive truth......as the truth is what you see and not what I see
I really really try to encourage experimentation as it is a great learning tool - and everything takes time to research and learn.......(unfortunately)
I have been involved in trading markets (on and off) since the late 70's (albeit as a spotty back office administrator on shells trading floor).............and after my more recent layoff to spend time with family during the early/mid 2000's on my return I revisited everthing I had learnt and attacked the intenet again to look at what was out there.........and I have to say that some of it stuck in my brain and (finally) made some sence.........so for me its taken time and going around the block a few times !
For example - even now I am currently checking some work from an excellent russian guy who is doing some programming work for me and it is freaking me out a bit
why ?..........because I was experimenting with multiple questions and requests and he has provided the answers to me in chart form ..............and to be honest I have no idea if its what I asked for at the moment as I have nothin to compare it to or a reference point............hahahahaha !!
N
Hi guys,
I'm reading and reading and there is so many different ways one can go with this thing. I just can't get over it.
How do you decide which method is best for you? I'm trying different things that I've learned, today wasn't such a hot day to try out scalping....lol.... I did do okay on two but then I backtracked in a big hurry. Should have just stopped, but nooooooo. LOL.
I mean as far as different perspectives, you can't really do them all, unless you have 3 or 4 computers going all at once. Does it make sense to choose one way over another? Just wondering.
Oh and btw, no one said anything about belittle. Let's just move forwards. You teach, I learn. Happy to be a student in here.
Hi Maggieo,
i've read and read and read and have never found a good way of winning, be it only occasionally. Corrie is a beautiful tool. I think it's one of the best if not the best. I'm experimenting with it but as with all tools, it's very much psychological. I've found that with time, my confidence has increased as has also my "pain"level.
I went long this morning on Eur/USD cos my daily 80 chart looked OK and the 30 min 20 looked OK too, whereas the 5 and 15 mins looked a mess. At one time I was at - 20 and at the moment I'm at +25;
Just had a wee peep and I've hit my tp level at 1.4597 (+29 pips). Nothing extraordinary but pleasing all the same.
In answer to your question "how do you decide which method is best for you", I've got no answer, except whatever you decide on, you've got to feel comfortable with it. At the moment I use the full daily 80ma chart for direction and the 15 or 30 20ma chart for entering.