Re: JDTRADER £97 to Financial Freedom
Problem I'm having in my mind is that I'm not making that trade when its needed.
By that I mean I'm a novice and set my charts and when the trades come on a Buy/Sell signal but I have self doubt. Self doubt as in I'm getting the entries right and I think
"Ok its hit but lets make sure"
Rather than
Yep its hit trade, instead of missing pips.
Today trading conservative protecting entries with stops when they go positive. I'll take a scratch or a run.
Example today FTSE
Went to 5231 confirmed Sell signal at 5230 my entry 5224
Put on protective stop at 5222. It came back to 5225 nearly 5226 and fell to 5006
If I trusted my judgement I would of been in at 5230 protect stop 5228 the rebound would of missed my stop and I get the extra pips
YES JD TRUST YOUR JUDGEMENT !
YES YOU WILL LOSE TRADES BUT YOU WILL WIN TO
TRADE
nline2lo
Problem I'm having in my mind is that I'm not making that trade when its needed.
By that I mean I'm a novice and set my charts and when the trades come on a Buy/Sell signal but I have self doubt. Self doubt as in I'm getting the entries right and I think
"Ok its hit but lets make sure"
Rather than
Yep its hit trade, instead of missing pips.
Today trading conservative protecting entries with stops when they go positive. I'll take a scratch or a run.
Example today FTSE
Went to 5231 confirmed Sell signal at 5230 my entry 5224
Put on protective stop at 5222. It came back to 5225 nearly 5226 and fell to 5006
If I trusted my judgement I would of been in at 5230 protect stop 5228 the rebound would of missed my stop and I get the extra pips
YES JD TRUST YOUR JUDGEMENT !
YES YOU WILL LOSE TRADES BUT YOU WILL WIN TO
TRADE
nline2loRe: JDTRADER £97 to Financial Freedom
It hit stop 380.0 -£1.83
Showing buy but I'll stay out of BP at the moment, to much bad news
It hit stop 380.0 -£1.83
Showing buy but I'll stay out of BP at the moment, to much bad news
Re: JDTRADER £97 to Financial Freedom
FTSE
To choppy for an entry for me today so I'll stay out.
Got no clear BUY/SELL targets for me plus its kicked my bum thisc week so I'll have a go next week
5148 will I be right ?
Just EUR/USD for me now today
FTSE
To choppy for an entry for me today so I'll stay out.
Got no clear BUY/SELL targets for me plus its kicked my bum thisc week so I'll have a go next week
5148 will I be right ?
Just EUR/USD for me now today
Re: JDTRADER £97 to Financial Freedom
Just to add to this yesterday I put entries in on emotion trading and let them run but only to the fact that I looked at my charts and thought, well I know it won't go higher than here so wait for the reversal. Which I did and my charts were a great comfort to see the trades go positive as I charted.
If my balance was bigger I would of put protective stops and let them run further but I want to build this small balance so closed for profit. There is always another day.
Problem I'm having in my mind is that I'm not making that trade when its needed.
By that I mean I'm a novice and set my charts and when the trades come on a Buy/Sell signal but I have self doubt. Self doubt as in I'm getting the entries right and I think
"Ok its hit but lets make sure"
Rather than
Yep its hit trade, instead of missing pips.
Today trading conservative protecting entries with stops when they go positive. I'll take a scratch or a run.
Example today FTSE
Went to 5231 confirmed Sell signal at 5230 my entry 5224
Put on protective stop at 5222. It came back to 5225 nearly 5226 and fell to 5006
If I trusted my judgement I would of been in at 5230 protect stop 5228 the rebound would of missed my stop and I get the extra pips
YES JD TRUST YOUR JUDGEMENT !
YES YOU WILL LOSE TRADES BUT YOU WILL WIN TO
TRADE
Just to add to this yesterday I put entries in on emotion trading and let them run but only to the fact that I looked at my charts and thought, well I know it won't go higher than here so wait for the reversal. Which I did and my charts were a great comfort to see the trades go positive as I charted.
If my balance was bigger I would of put protective stops and let them run further but I want to build this small balance so closed for profit. There is always another day.
Re: JDTRADER £97 to Financial Freedom
broke but not a clear break below S maybe turning R next S line August low 1.2741
broke but not a clear break below S maybe turning R next S line August low 1.2741
Re: JDTRADER £97 to Financial Freedom
Smart Live Markets
Took the decision to close this account, WHY
Great site but think I'm to used to Oanda set up. One click trades with the stops, take profit, trailing stops and % of account to trade with one click of the mouse.
SLM had to enter info in stages plus the charts are ok but I think Oanda's are better.
So even though Its a pain in the bum getting funds on and off (£10 charge to withdraw) the platform wins for me. Think SLM is more for the automated trader.
SLM great customer service and nice site but back to my original plan and off to Oanda.
Took the £97 to £107.24 :drunk:
Smart Live Markets
Took the decision to close this account, WHY
Great site but think I'm to used to Oanda set up. One click trades with the stops, take profit, trailing stops and % of account to trade with one click of the mouse.
SLM had to enter info in stages plus the charts are ok but I think Oanda's are better.
So even though Its a pain in the bum getting funds on and off (£10 charge to withdraw) the platform wins for me. Think SLM is more for the automated trader.
SLM great customer service and nice site but back to my original plan and off to Oanda.
Took the £97 to £107.24 :drunk:
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Re: JDTRADER £97 to Financial Freedom
OANDA
Well the deposit went fine, at last I got it right to fund Oanda.
Put in a 48pip trailing stop to lock in profit.
Another thing I like on Oanda is I can track trades on my iPhone with Oanda App. See prices, positions and trade ( But I won't trade from the phone). Great to watch open trades on the move.
OANDA
Well the deposit went fine, at last I got it right to fund Oanda.
Put in a 48pip trailing stop to lock in profit.
Another thing I like on Oanda is I can track trades on my iPhone with Oanda App. See prices, positions and trade ( But I won't trade from the phone). Great to watch open trades on the move.
Re: JDTRADER £97 to Financial Freedom
While I await the funds from SLM (3-5 days) I just sent £7 to Oanda just to make sure my deposits are working two in a row.
My short on EUR/USD looking good from 1.2807
revised TP stop @1.2700
While I await the funds from SLM (3-5 days) I just sent £7 to Oanda just to make sure my deposits are working two in a row.
My short on EUR/USD looking good from 1.2807
revised TP stop @1.2700
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