Recent content by Chartsy

i became obsessed with trading at 14 (like, totally absorbed by it). Had an account on here called TAJammy. In all honesty I think the mental side of it would be easier for older folks . In hindsight I wish I started much later . But hey, I can trade decently now , but chose to focus on a...

Nobody?

Has anyone heard from him? Just wondering what the fook happened to the very well known mentor over at forex factory

Wabu you should go back to demo . Plus I recommend you work out your theoretical gain/loss if you stuck to a flat risk per trade . That would eliminate your problems

Don't get me wrong I think discretionary traders should always have a sliding scale of risk: scale your risk to the conviction in the trade . Imo that should still be small like from 1-3% , not like risk 50 quid one trade then 320 then next . You also have to try work out your trade frequency...

Unjustified varied bet sizing is what shafted you . Just keep risk linear

Does rightly.

ps any traders interested in swing setups like these please pm me and we can maybe get a good Skype group set up (calling out lee and darktone)

ugh, had bills to pay so I took some money out , then I realised I need a deposit for a new car so I took the whole lot out and closed the cocoa position for a twenty quid loss lmao. Might be a while before I put some more coin in �� Ps I'm glad I closed the cocoa trade, it was a really sh1te...

Bought £3 a point London cocoa based on a large base breakout visible from the weekly charts . Stop 40 ticks , target 80

Watching SGDJPY closely for a nice pop

Closing usdjpy for a 26 quid loss . Ah well

Bought usdjpy based on H4 price action , pound a point . 40 tick stop, 80 target

And I'm out of the Nikkei for +200 ticks , £200 profit . Account: £1538 Profit: £538

Hey mate . Next move is to look for similar setups. The Nikkei trade is in a nice spot and I do feel the indices are due an exhaustion move/push the next day or so. I can't see anything worthwhile forming that really warrants risking capital . Though the orange juice futures have a nice flag...