Emotions and trading psychology is somehow overrated in my opinion.. Yes, trading psychology plays an important role in our trading but it's not the only thing we should focus on.. Our trading strategy, risk management and psychology are linked to ...

1 year profitable trading goal

Indeed, there'll be some up & down weeks.. Everything is possible as long we got a little more patience, be more discipline and stay opportunistic..

1 year profitable trading goal

That's true, never make any expectation based on what everyone else get. Having a good sample size to prove is the best way to learn. That's how we grow in the world of trading and investing. Only a small group of traders will listen to what ...

1 year profitable trading goal

Don't want to breaks anyone dream, but making 5% per trade with 20pips and 10% consistent profits every week is next to impossible but there could be exception, like Tom Cruise

1 year profitable trading goal

5% per week goal is a huge target... 5% a month is more realistic for a smaller account but it's not easy to maintain that kind of profits... 5% a week or 1% a day were my goals quite a few years back. After a few years of swinging back and forth, I ...

1 year profitable trading goal

Look at our PnL in percentage terms rather than the dollar amount might help. If you trade with consistent risk on every trade like 1%, then the swings created by your strategy will be the same as you trade on a smaller amount. However if your ...

1 year profitable trading goal

LOL, I think you need to get some rest, not only you lose track of time, you're losing track on FF posts too. BTW, I'm referring to theboy about the hedging stuff.

1 year profitable trading goal

I'm always looking for more

1 year profitable trading goal

Good to know that you've made your way out! It does takes a lot of skill to hedge in the market. I myself wouldn't watch my trade too often (because it usually leads to emotional actions) but it seems that your strategy needs it. ...

1 year profitable trading goal

Nice one over there, price was just a few cents away from your TP! Guess it will trigger your limit order today

1 year profitable trading goal

That's really far from current price.. My target would be around recent swing high or 1390 if I'm to trade Gold and reenter the market during pullbacks or consolidation.

1 year profitable trading goal

Just for a weekly TF swing, my estimation is around 3-5 weeks for this trade to reach my TP if it works out. I do not consider it as long term but it might be a long term trade for other traders..

1 year profitable trading goal

Precious Metal seems like following the Yen move, lets see what Fed can bring us..

1 year profitable trading goal

Gold and Silver is moving north in a way that I don't really like... A strong move like this before FOMC is quite tricky.. I've a long position in Silver since last Monday.. Hopefully price will continue to move higher after FOMC..

1 year profitable trading goal

Anything more than bikini is prohibited

Naked trading - reading charts

If our strategy is based on technical, we can start of with proper backtesting, that will give us some base but nothing beats real experience..

1 year profitable trading goal

IMHO, faster doesn't always means more profitable. In theory, if we have the same positive expectancy in two strategies, the one which played out more often will generates more profits but my experience is that theory is hardly practical. I found ...

1 year profitable trading goal

I've been in that spot too, going down in time frame could be one of the good choices we have. Alternatively, you can try adding more pairs, expand to other asset classes or even develop another strategy that has low correlation with the one you ...

1 year profitable trading goal

I feel you, I felt tired just watching USD/CAD, it just keep chop around without any clear direction. Lets see if we can get any breakout soon!

1 year profitable trading goal

It does looks good now but during the 3 months drawdown (actually longer if we consider the start from the peak of Feb), it's really hard to go through and listen to some critiques that's not helpful. Most of us want to make money every month ...

1 year profitable trading goal