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MackS10 replied Feb 8, 2010Imagine most traders getting addicted to trading by "just rolling the dice" and practice MM to Justify their actions. Simply delays the failure.
EURUSD
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MackS10 replied Feb 4, 2010Three is a good chance momentum will spill over to next few weeks and keep markets moving faster than ususal. Just a key note for newbies, stay away unless you have a self-trusted strategy in place for the next few weeks. Cheers. S
Damn the markets are going crazy right now!
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MackS10 replied Jan 29, 2010Has to do alot with b/e point, adding to winning position and decreasing on your losing position. This is a powerful strategy combined with good MM.
MM by Van Tharp
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MackS10 replied Jan 17, 2010To keep it simple, your better off setting a hard stop and no stop limit order.
successful trader without stop loss?
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MackS10 replied Jan 17, 2010As most have already stated, accept the risk as a loss and imagine the worse case scenario. You must learn to enjoy your loss as it will teach you more and more about yourself, it will teach you how much you can tolerate to lose and what to risk on ...
How do u sleep in peace and leave ur trades open?
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MackS10 replied Jan 15, 2010Same chances of going down, no one knows. Now if you follow a system or strategy then it would probably give you a better answer but here is a clue, most buy at the top.
EURUSD
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MackS10 replied Jan 14, 2010Euro in taste of 1.4300, diameter resistance proves strong once again.
EURUSD
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MackS10 replied Jan 14, 2010Classic 'M' pattern on 4H, seems we are getting ready for a test under in a few mins. Good luck bulls.
EURUSD
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MackS10 replied Jan 12, 2010You can take your first trade and be profitable. Will you remain profitable after your second or third trade? How will your account look like after twenty trades... you don't plan on holding on to your first one forever do you? That would be the ...
How long to be profitable?
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MackS10 replied Jan 8, 2010That sure was manipulation on those u/cad shorts. Also on the eur/cad
4% A Day Forever
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MackS10 replied Jan 6, 20104H neutral, daily bar suggest move towards 1.4490-1.4520. However weekly showing bearish divergence and could send things lower for the pair.
Currency Situation
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MackS10 replied Jan 5, 2010Well i wasn't going to update it due to the work involved in posting and keeping track here as a journal. Heck, I'll just post this one here. Been short as of 1pm Easter on 4H signal i got. Short at 1.4390 with stop at 1.4490,b/e point is at 1.4280 ...
Live 4H Trades 2010
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MackS10 replied Jan 4, 2010Watch for some fireworks as we approach key areas just 40mins before news.
EURUSD
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MackS10 replied Dec 31, 2009Lot of trading opportunity today and next year! Congrats to all the players for surviving another year. Cheers, happy new year~
EURUSD