- Search Metals Mine
-
60minuteman replied Feb 11, 2015just added a re-cap of todays trades, losing day but still up for the week.... url
And now for something completely different
-
60minuteman replied Feb 11, 2015Hi G, welcome... Im sure a very common story for many and if you were feeling like you needed a break then nothing to lose by throwing out the 'rule' book and being completely contrarian for one last try!... Follow along, I will show all my trades ...
And now for something completely different
-
60minuteman replied Feb 11, 2015what we are saying is be aware of your feelings and use the data from them because all decisions begin with an emotion/feeling. If you have a feeling based on seeing price react to a level then by all means use it to act. Be 100% sure that is what ...
And now for something completely different
-
60minuteman replied Feb 11, 2015taken from Rethink group website..... Jamie, Psych Risk Management & Living to Trade Another Day This is a true story. 3 years ago today (I have this weird memory for dates), I spotted Jamie Dimon and Bill Daley sitting outside Gibsons in Chicago. I ...
And now for something completely different
-
60minuteman replied Feb 11, 2015wowo PP... you ask some difficult question, I will do my best to answer them... The outcome of every trade no matter where you place your entry or SL is uncertain, therefore I consider every trade to carry the same risk (I am deliberately trying to ...
And now for something completely different
-
60minuteman replied Feb 11, 2015ahhh now I understand... I risk the same £ amount per pip on every trade.
And now for something completely different
-
60minuteman replied Feb 10, 2015If we reduce the number of inputs the mind has to deal with we can make better intuitive decisions - if our entries are essentially a coin toss then why waste our brains ability deciding when and where to enter?.... build a simple repetitive entry ...
And now for something completely different
-
60minuteman replied Feb 10, 2015Tuesday's close video here: url
And now for something completely different
-
60minuteman replied Feb 10, 2015A. JUST SP AND GOLD B/C. NO I MOVE MY ENTRY TO FOLLOW THE CURRENT BAR, IF YOU LIKE IM FOLLOWING THE CURVE OF PRICE UNTIL WE GET A BREAKOUT OF THE PREVIOUS BARS HI/LOW I STOP TRADING FOR THE DAY WHEN I HAVE HAD ENOUGH OR I AM TIRED D. I ALWAYS USE ...
And now for something completely different
-
60minuteman replied Feb 10, 2015A Fallacy in “plan the trade, trade the plan.” I followed the dictum for years – or at least I followed it as well as I could. “Plan the trade, trade the plan“. But like everyone else I had trouble with the second part and often chastised myself. ...
And now for something completely different
-
60minuteman replied Feb 10, 2015“Nothing is constant, nothing is the way it has always been. So what I find is that people who are really good at this have great intuition, have great instinct. Their gut actually tells them something. The mathematics are important because they ...
And now for something completely different
-
60minuteman replied Feb 10, 2015.... and there we go, another trading rule to ignore "trade without emotion" - your failure to notice that greed (an emotion) was now controlling your actions, instead of your intuition (learned skill and ability) cost you dearly... So in fact the ...
And now for something completely different
-
60minuteman replied Feb 10, 2015a good extract from market wizards a good friend shared with me this week url
And now for something completely different
-
60minuteman replied Feb 10, 2015Hey PP, great to see you again... I would go further and say that all figures and quantitative analysis of a strategy is irrelevant, all I am concerned with is what I believe. Do I believe that under normal market conditions it is logical that I ...
And now for something completely different
-
60minuteman replied Feb 10, 2015Hi Steve, I can see you're starting to change your thinking about risk... but, there is no rational reason to exit for a loss, if you're going to do that then you may as well trade with smaller sl.... an exit in loss is a fear exit. - you're on the ...
And now for something completely different
-
60minuteman replied Feb 10, 2015intuitive - based on experience and learning impulsive - because you had a feeling... There will be 'feelings' associated with both but just ask yourself (say it out loud) "is this one of my pre-defined exits based on my experience or is it just a ...
And now for something completely different
-
60minuteman replied Feb 10, 2015exits video up on nff... Go check it out! url p.s vote in the poll... Let's get this thread where it belongs!
And now for something completely different
-
60minuteman replied Feb 10, 2015Hi Steve... check the last video i posted with the exit/re-entry... thats the key here. Pre-define some other exits you will use such as (over 150 pips at close, strong SR level.. etc) and then trade them only. Avoid ambiguous 'emotional' exits by ...
And now for something completely different