dude!!! booze and trading don't mix!!! i hope you've cleared your hangover before you start work.lol.

Steviet's Live Trades!

yes read both are excellent reads (have to read the stock market one at some point also!) you've hit the main feature of trend trading: cut your losses short and let your winners run - these wizards, like most traders, follow this style. ...

Steviet's Live Trades!

that's the gamble you take with letting your profits run. do you mean locking in with stops or taking profits (with limits)?

Steviet's Live Trades!

gold is still dropping like a stone...

Gold Discussion

tell me one person who likes monday mornings (now what was that boomtown rats song again!? ). booker's stuff is good for noob's! i think that some of PM your crew check in here time to time, no? another thing to watch out for...when somebody (like ...

Steviet's Live Trades!

i was just having a bit of fun really, scribbling away!! actually to me it looks like a wait and see situation, so i would be doing nothing at all right now. the circles are good entry points previously. good to see you did a review! in reality it ...

Steviet's Live Trades!

hey stevie, did you find time to do a quick review in your mad weekend!? i don't trade this pair (one of the few i don't follow actually) but i thought it would be interesting to analyse what you've done! man, scribbling on somebody else's charts ...

Steviet's Live Trades!

don't forget your monthly review! — take a couple of hours quiet time this weekend and review your trades against your plan. after a bad feb there must be plenty of mistakes in there to prune away! it's times like this you will really learn ...

Steviet's Live Trades!

more monthly musings... — something else i do that i would recommend... as well as digesting your monthly totals, scroll back over the past months chart on all pairs, and back-test one day at a time. do you: a. spot any signals, setups you ...

Steviet's Live Trades!

you certainly have a unique blend of humour boycie! :

Steviet's Live Trades!

looks like UJ might pull your feb figures up! certainly been a tough month for your system. just looking at your equity swings from +10% to -14% shows a lot of volatility in your portfolio but thats a consequence of your MM and correlation. if you ...

Steviet's Live Trades!

yesterday was a potty day in the market was it not? glad to see everyone swag-bagging those pesky pips!!!

Steviet's Live Trades!

end of month review — well, feb is nearly over and generally a good time to look over your trades for the month. with a journal you will be doing this to a certain extent i know, but i find it's always good to take monthly snapshots and just ...

Steviet's Live Trades!

i was gonna suggest that you hone your price action skills to avoid the chop. no need to add indicators. or if you need to then add back trend lines - look at my GU chart again to see how you could do it! i for one don't trust these indicators and ...

Steviet's Live Trades!

something for the weekend, sir? — you might be surprised to hear this, but i think this month will be one of the best months so far...(eh, wtf!?!? you might say.) why??? ok so you lost the pips (so far), but look at what you learned about ...

Steviet's Live Trades!

one good week next week could turnaround your results for the month. that's when i would print your monthly totals!!! i see others have made the same point about sticking to your plan...if you experiment then i would advise you keep the results ...

Steviet's Live Trades!

i think you might be at cross-purposes here! surely its the ADX you're after for measuring a trend?? yep, ATR is quite a popular tool for stop placement - a lot of books use it in their examples. anyway, here's a link... url

Steviet's Live Trades!

hopefully looking like a chimp won't turn me into a chump in the markets!!!

Steviet's Live Trades!

yes you could do what you said if you have a free slots on pairs whose profits you've locked in - or at least break even. my main worry would be about over-trading but your system means that you're pretty much running a fully invested portfolio at ...

Steviet's Live Trades!

another suggestion — if you're struggling with the chop then how about adding another filter to your system to sit out small ranges and then when price breaks get back in? your technical skills (so far) have bagged a couple of grand (pips) on ...

Steviet's Live Trades!