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"AUSSI" my thread and anything I want to put here

  • #13,601
  • Nov 17, 2020 8:23am Nov 17, 2020 8:23am
Quoting hocius
I'm done for today, I'll be checking the charts but probable not trading. Still not so happy, I need more patience and wait to add at key levels. I'm also scared, because even with my bangers, I have a wide SL so one bad move can fuck up all my bangers profit. Ill think about placing a tighter SL. Take care all {image}
Really impressive results!!

Very nicely done.
  • #13,602
  • Nov 17, 2020 8:26am Nov 17, 2020 8:26am
Quoting hocius
I'm done for today, I'll be checking the charts but probable not trading. Still not so happy, I need more patience and wait to add at key levels. I'm also scared, because even with my bangers, I have a wide SL so one bad move can fuck up all my bangers profit. Ill think about placing a tighter SL. Take care all {image}
Nice! I wish to share my results too, but I think I can't post pictures yet because I am in moderation.

I think we will close green for today, so if there is any pullback, I will buy dips. That is my plan for NY session. Hope everyone is trading well.
  • #13,603
  • Nov 17, 2020 8:45am Nov 17, 2020 8:45am
Quoting DrForexSG
{quote} Nice! I wish to share my results too, but I think I can't post pictures yet because I am in moderation. I think we will close green for today, so if there is any pullback, I will buy dips. That is my plan for NY session. Hope everyone is trading well.
Yes, I'm also looking for buys. Couldnt leave the chance to bang that spike on the usa stocks open. Couple runners left there now.
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  • #13,604
  • Nov 17, 2020 10:04am Nov 17, 2020 10:04am
Quoting hocius
{quote} Yes, I'm also looking for buys. Couldnt leave the chance to bang that spike on the usa stocks open. Couple runners left there now. {image}
Price is ranging hard but has given plenty of buy opportunities off that m30 200. Got a couple bangers and stayed out, not sure what ny wants to do atm, above days open tho and 4hr 200 ema has been sitting there not been whacked yet, weekly pivot is there as well.

A bit off subject but sheesh btc def made its way to that 17196 area, got 3 weeks worth of wicks up there from 2017. Nxt stop above is ath it seems.
  • #13,605
  • Nov 17, 2020 11:01am Nov 17, 2020 11:01am
Quoting rayoub
{quote} Price is ranging hard but has given plenty of buy opportunities off that m30 200. Got a couple bangers and stayed out, not sure what ny wants to do atm, above days open tho and 4hr 200 ema has been sitting there not been whacked yet, weekly pivot is there as well. A bit off subject but sheesh btc def made its way to that 17196 area, got 3 weeks worth of wicks up there from 2017. Nxt stop above is ath it seems.
Had to put a few bangers on btc omg closed and bagged that monster is on a roll. Hit dr1 and wr1 from top flying
  • #13,606
  • Nov 17, 2020 12:11pm Nov 17, 2020 12:11pm
Looks like today is pretty uneventful.

Guys, I was having a discussion with my friend just now-for how long or after how many trades, do you think it would be fair to assess a trader? A trader can get lucky for maybe 5 trades, 10 trades, 1 day, 1 week...so what duration, in your opinion, is the bare minimum before we can assess the results of the trader?

Just some food for thought since gold isn't moving much...

Hope everyone is having a good day.

Regards,
DrForexSG.
  • #13,607
  • Nov 17, 2020 12:50pm Nov 17, 2020 12:50pm
Quoting DrForexSG
Looks like today is pretty uneventful. Guys, I was having a discussion with my friend just now-for how long or after how many trades, do you think it would be fair to assess a trader? A trader can get lucky for maybe 5 trades, 10 trades, 1 day, 1 week...so what duration, in your opinion, is the bare minimum before we can assess the results of the trader? Just some food for thought since gold isn't moving much... Hope everyone is having a good day. Regards, DrForexSG.
I think that really depends on your trading style. You could have a martingale system and win for weeks and end up loosing it all with a big move. You could also be timmy trading for years and end up not learning a lot, lol
  • #13,608
  • Nov 17, 2020 4:54pm Nov 17, 2020 4:54pm
Quoting DrForexSG
Looks like today is pretty uneventful. Guys, I was having a discussion with my friend just now-for how long or after how many trades, do you think it would be fair to assess a trader? A trader can get lucky for maybe 5 trades, 10 trades, 1 day, 1 week...so what duration, in your opinion, is the bare minimum before we can assess the results of the trader? Just some food for thought since gold isn't moving much... Hope everyone is having a good day. Regards, DrForexSG.
Ultimately it would depend on the trader's strategy and style.
But I would say a minimum of 1 year plus at least 100 x trades (8 to 10 trades a month on average)
Any trader can have a good run (even for a few months), but then market conditions will change and leave the trader scratching their head why they can't make ends meet any more.
The psychological battle then begins...
You might start to question yourself as to...What am I doing wrong?
You'll start to change things up going from one strategy to another to "try and improve".
During this time any further mistakes will compound the trader's issues and the cycle continues....
So....
1. Time in the market being exposed to various market conditions will test a trader's ability to adapt and trust their processes.
2. Pulling the trigger to enter trades one after the other (despite a run of losses) when your strategy says to, is also key (you can't make money sitting on the sidelines).

These are my thoughts on the subject anyway, and something I still try and work on every day.
  • #13,609
  • Nov 17, 2020 4:59pm Nov 17, 2020 4:59pm
Quoting hocius
I'm done for today, I'll be checking the charts but probable not trading. Still not so happy, I need more patience and wait to add at key levels. I'm also scared, because even with my bangers, I have a wide SL so one bad move can fuck up all my bangers profit. Ill think about placing a tighter SL. Take care all {image}
I would say congratulations are in order here H.
They are great results and I don't think you should be too hard on yourself.
I think most traders (myself included) aspire to achieve results like this.
Well done!
  • #13,610
  • Nov 17, 2020 5:04pm Nov 17, 2020 5:04pm
Quoting hocius
I'm done for today, I'll be checking the charts but probable not trading. Still not so happy, I need more patience and wait to add at key levels. I'm also scared, because even with my bangers, I have a wide SL so one bad move can fuck up all my bangers profit. Ill think about placing a tighter SL. Take care all {image}
SWEET!!!!!
  • #13,611
  • Nov 17, 2020 7:19pm Nov 17, 2020 7:19pm
Buy zone...target 1900!
I will tear the world apart for you.
  • #13,612
  • Nov 17, 2020 8:27pm Nov 17, 2020 8:27pm
Heres some hw under days open under weekly pivot and daily pivot, tilting bearish, maybe filling that wick down to 1864ish. Ds2 is around there. Markets been a bit confusing, maybe I was looking too closely, but hw nonetheless.

4hr was bein blocked by that 100 Ema. Didn't even realize it. Also hr fell under and started right under 2400ema so the 100day.
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  • #13,613
  • Nov 17, 2020 8:31pm Nov 17, 2020 8:31pm
I have buys at 1888, bad entry, but I think I will be fine. I added buys at 1879. If this double bottom holds, I think we will cross 1900 easily. Pullbacks along a big bull run are healthy and this dip is worth buying. The trend has not changed to sell yet, at least in my opinion.

Hoping to learn more from everyone.
  • #13,614
  • Nov 17, 2020 8:34pm Nov 17, 2020 8:34pm
Hi guys, this is me trying to decypher Digger "Above some shit and below some shit" hehehehe...arrrg Digz such complicated farmer jargon . What do you say Digz? Close enough?
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  • #13,615
  • Nov 17, 2020 8:59pm Nov 17, 2020 8:59pm
From what I'm attempting to learn, seems price has been trying to hold this area for quite some time, as digger mentioned support may not hold this last time if it gets back towards 1865, if this folds probably on the way down to 1820-1837 area where we have ws1 as well as other areas of support. Bullish aside monthly shows it could go down to 1750s while still keeping its overall bullish trend. Just my thoughts as well I am certainly not advanced enough to be considered reliable lmao but I am trying to post more so I can get corrected or confirmed and learn
  • #13,616
  • Edited 9:39pm Nov 17, 2020 9:19pm | Edited 9:39pm
Quoting fibz
Hi guys, this is me trying to decypher Digger "Above some shit and below some shit" hehehehe...arrrg Digz such complicated farmer jargon . What do you say Digz? Close enough?{image}
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  • #13,617
  • Edited 10:01pm Nov 17, 2020 9:42pm | Edited 10:01pm
Quoting hocius
I'm done for today, I'll be checking the charts but probable not trading. Still not so happy, I need more patience and wait to add at key levels. I'm also scared, because even with my bangers, I have a wide SL so one bad move can fuck up all my bangers profit. Ill think about placing a tighter SL. Take care all {image}
well dne H ,,,, what can 10 and a few runners do for one ,,lol,, had a few hours ,, figured I may as well get payed ,,and yes bills payed ,, dnt need it ,, try and keep em small ,, but ah some habits jst hrd to break ,, ,,just stying in practice ,, sometimes just cant help it ,,,, reflex ,, lol,, yours every bit as good ,, jst not quite same acct size ,, but it wont take ya long ,, this one started there and its payed for a lot of shit since lol,, like my farming habit,, would not have survived or flourished with out it ,,, telling the last bank to go fck themselves is a priceless memory I will never forget
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  • #13,618
  • Nov 17, 2020 9:54pm Nov 17, 2020 9:54pm
Quoting kelvinftg
{quote} Oops, the Gold trade was a buy that I haven't set SL and the US30 was a sell limit at the daily high before it popped..
was a crack taken at er from qt R1 ,,, last quarters high taken out ,, will be a support area the 1st time ,,,, you were wondering about the significance of opens ,, bit of a [ivot all on their own
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  • #13,619
  • Nov 17, 2020 10:03pm Nov 17, 2020 10:03pm
Quoting digger1
{quote} {image}{image}{image}{image}
Saved, thanks Digz
  • #13,620
  • Nov 17, 2020 10:05pm Nov 17, 2020 10:05pm
Quoting DrForexSG
Looks like today is pretty uneventful. Guys, I was having a discussion with my friend just now-for how long or after how many trades, do you think it would be fair to assess a trader? A trader can get lucky for maybe 5 trades, 10 trades, 1 day, 1 week...so what duration, in your opinion, is the bare minimum before we can assess the results of the trader? Just some food for thought since gold isn't moving much... Hope everyone is having a good day. Regards, DrForexSG.
pretty easy ,, was the lst trade ya closed green or red ,, one is only as good as their last trade ,,,,, dosent matter how long one has been at it ,,,
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