Also an interesting observation I made. Was analysing my performance of this month... I made 2.625 raw pips (not multiplied by size) I lost 4.359 raw pips. I was shocked! But I made 15.5% profit this month!???!??! There are a lot of findings inside ...

Technical Analysis Fallacy

Morning Friends! Royal Wedding in London. Japanese Bank holidays ... good moment to spend some time on reading some good books. I guess you know it already: I have a new snippet again :-) The key to regaining self-confidence in such a situation is ...

Technical Analysis Fallacy

Hi again Friends! Found another interesting snippet, that stands a little in conflict with the often mentioned statement of "blind leading the blind". [...] To be the trader you want to be, consider taking on a student/trainee. When someone is ...

Technical Analysis Fallacy

Hi Baifu, your guesstimation is right: I do not use hedging to expand my margin. When I have more than one position in one direction I use a "hedge" (= same positions size in opposite direction) to neutralize or close my exposure in one step. After ...

Technical Analysis Fallacy

Hi Friends, just want to add my blotter from today. I do not like situations like this morning before London opening, when markets have gone very strong in one direction. So I started very carefully. I have switched direction a few times. Was not ...

Technical Analysis Fallacy

Morning Eddy, made good money yestrerday during the FOMC events. But to see 488x this morning was not in my cards. I have always problems to follow the longs, when we have reached suh levels. Need to have a very deep look into the charts now, with ...

My trading journey

The live stream of Bernanke's Press conference: url

Technical Analysis Fallacy

Hi friends, another snippet from the book mentioned above. I think it adresses one of the most discussed problems: Why I'm not able to let the winners run? Or to speak more in fti's systematic: Why I'm not able to do a proper and stron attack? " ...

Technical Analysis Fallacy

Thx RS. Sseems to be an interesting business model these guys have .. CU, MaMood

Revstar Journal - From mini to beyond!

Hi RS, sounds interesting. I have investigated a lot of time into most aspects of Orderflow. I'm very interested to hear, based on what do you draw that red and green lines? And what exactly do they show? Many thx! MaMood

Revstar Journal - From mini to beyond!

Hi again, except "feeling the market" or "following the flow" all other elements of trading are pure maths. Managing your risk ist just math. I'm always vey surprised, when I get in closer contact with some FF members, how small their knowledge is ...

Technical Analysis Fallacy

Hi friends! Found the following in a book, that was recommended to me by IndianGuyInny... [...] In familiar environments and routines, we operate on autopilot. Nothing changes. When you act as your own trading coach, your challenge is to stay fully ...

Technical Analysis Fallacy

Be nimble - GBP news in 6 minutes. EU news in 36 minutes. May provide some vola .... Good Luck! Was trading long side too ....

My trading journey

Hi Friends, this discussion always drives me somehow crazy. One thing is for sure: Not everyone out there is ready for driving a highend Ferrari. But I'm sure it is possible to drive such a car carefully and slowly. But in case you need some extra ...

Technical Analysis Fallacy

Good Morning Friends! I hope you have all layed out your battle plan for today: - Knowing the terrain for Attacks but also rescues - Knowing price areas and momentum, when to turn - Knowing areas for defeat (reducing exposure) BTW: Very important ...

Technical Analysis Fallacy

Good Morning Friends! Just for info: [...] On FX, focus on Spanish auction for 10-, 13-year EUR2.5-3.5bln, submission around 0830GMT for the response [...] Disclaimer: Be aware of possible Cow Dung Included ;-)

Technical Analysis Fallacy

Good Morning Vick! Thank you very much for this poem. You sent it just at the right time (I think you know what I'm talking about) Many thx again. Will keep it in my mind and my heart. And now will do my deep breathing again, before continueing the ...

Technical Analysis Fallacy

Dear fti, I'm so glad to read something from you again here on FF. I wish you all the best in your new rebalanced life. I do not want to make many words. Just want to say: You have been by far my best teacher for all aspects of life, I ever had. ...

Technical Analysis Fallacy

Aaaah - here are some well known faces ;-) Morning Friends!

My trading journey

So I should spell it this way? Tough Traders Network

Technical Analysis Fallacy