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- ianf0ster replied Feb 23, 2018
One of the best retail traders around? I was sent this trading record by a student of Ray's who is also a member of the Self Help Group. A summary is: 1. No losing days. 2. No Futures trading. 3. Only 3 Markets but 90% trading the Gold CFDs. 4. From ...
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- ianf0ster replied Feb 18, 2018
One other thought on 'consistency': Even with the best method/system and trading it 'perfectly', you can't expect 100% winning trades. Thus any form of consistency will depend upon taking enough trades during the period under examination. Say you ...
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- ianf0ster replied Feb 18, 2018
Success/Consistency - how can you go about achieving that? This post is based upon questions from 2 new members of my 'Ray's students Self Help Group'. The first question was this: 'Hi have been with Compassfx for 5 years , I think been working ...
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- ianf0ster replied Feb 18, 2018
Boris Schlossberg's email this week is about how many traders judge each trade as being either 'right' or 'wrong' dependent solely on whether it made a profit or a loss. But since it isn't a very good email I won't quote it here, just talk about how ...
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- ianf0ster replied Feb 12, 2018
I had a good day's trading today, considering that there was no news either to move the markets or for me to news trade. Profit +4.3% with 84% winners. I hope that I am not giving the impression that my trading is always good or profitable. Although ...
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- ianf0ster replied Feb 11, 2018
Boris Schlossberg has been emailing weird stuff yet again. You have to wonder what planet he is on. My comments are in Blue ********************************************************************************** Three Trading Tactics That Get You Results ...
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- ianf0ster replied Feb 9, 2018
(11:26 am) Ian Foster: I had a really bad trade today, so my daily figures are a loss -12.2% , 48 trade portions, 75% winners. Weekly profit = + 2.0% (11:26 am) Ian Foster: That was myt 4th losing day this year
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- ianf0ster replied Feb 9, 2018
Some people just love high volatility, I only love it when it has some Value behind it! In High Volatility some people just get lucky and some get very unlucky, but in Ray's room you can be sure that some skill is involved. Posted in Ray's room this ...
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- ianf0ster replied Feb 7, 2018
I didn't manage that 80% win rate myself, but I did OK even though in hindsight I found I spent quite a lot of time fading against the trend on the equities. However my Crude Oil Inventory trade got me nicely into profit. Overall 71 trade parts with ...
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- ianf0ster replied Feb 7, 2018
Its is nice when a member of the Self Help Group is successful. This one signed up for Ray's course and joined the SHG on the same day 8th January 2018. He has been busy asking lots of questions and spending time trying to find his ideal trading ...
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- ianf0ster replied Feb 3, 2018
Some valid points from Boris Schlossberg in his latest email, with my comments added in blue after each of his points: "STOP the INSANITY! Making My Trades Less Stupid. by Boris Schlossberg If you trade long enough you know that it’s not the bad ...
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- ianf0ster replied Feb 2, 2018
I didn't start the new month well. At the tactical level my trading wasn't too poor ( I had a 76% win rate). But I got the market direction completely wrong and so ended the day with a loss of -7.5%. Making it my 3rd losing day this year (out of 24 ...
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- ianf0ster replied Feb 1, 2018
Actually I do both quick check on my %win of portions of trades and analysis of how I handled each trade, several times per day, plus at the end of every trading day. This is because my trading plan or strategy calls for me to take only the better ...
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- ianf0ster replied Jan 31, 2018
January trading profit is +39% increase in my account, I made 815 portions of trades (multi-entry & multi-exit) of which 75% were wins. But despite this I am dissatisfied with my trading so far this year. There were some areas where i should have ...
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- ianf0ster replied Jan 23, 2018
I don't know if there are still doubters among the people who read this thread, Here are recent comments from 2 people who have taken the leap of faith: First a PM in FF to me today from Ray's latest student: "Hi Ian Have just started the course. ...
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- ianf0ster replied Jan 23, 2018
Calling all FX traders in Europe and the UK, the authorities want to meddle with the accounts of EU based Forex/CFD/Spread Bet Brokers. Read about it and have your say by following the instructions in the document below: file I have responded to ...
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- ianf0ster replied Jan 21, 2018
Fortunately there are only a limited number of things that you can do right in trading. But unfortunately there are an unlimited number of things that you can do wrong. That is how it feels, and to a certain extent it is true. Trading is also ...
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- ianf0ster replied Jan 19, 2018
Thanks Fader, You are right about trading being a very solitary thing. In many/most cases a prospective or a relatively new trader will be completely isolated except for whoever they are trying to learn from. They find that their spouse , family, ...
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- ianf0ster replied Jan 19, 2018
I have just had a thought that perhaps some readers of this thread don't understand why I post here: 1). It is to help fellow students of the art of trading and the workings of the markets. During my working life I came to realise that I enjoy ...
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- ianf0ster replied Jan 19, 2018
+10.8% profit for the week, +2.3% profit today. - Looks quite respectable doesn't it? Those are my figures for today and for this week, but I want to concentrate on what I did wrong - particularly yesterday when I made just +0.25%. Now to some ...
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