shugParticipant
Junior
I would like to thank all you guys in here for being nice people and like to thank the moderators for doing a fantastic job as well, great forum, nice people!
shugParticipant
Junior
Just encase anyone wants the results of the 1000 trades, here they are.. (attached)
Wowsers! Bet you’re pleased with yourself!
Are you increasing (slightly) your position size as your success is increasingly proven?
shugParticipant
Junior
Hi there guys. I’m no well, got this covid again! not on the computer much, heads bouncing, I’ll recover just take a wee bit of time
shugParticipant
Junior
Slightly changed what I’m doing , I’m compounding wins and increasing stake, it seems to be working better that way in monetary gains. Unfortunately I feel like crap with this bug so no trades until I feel better! I bet your all missing my conversation and tips in here, probably been a bit quieter LOL
I hope you all enjoyed that trading psychology doc
Yes, I’m missing your chatty posts, I’ve even gone onto the IG Forums a time or two! 🙂
I used to be more chatty generally on here, but very few ever respond so the ‘desire dies’ in the end! 🙂
I read all your trading psychology doc … good useful info … you should do an ebook!
Hope you get better soon shug!
Don’t risk a trade until fully recovered … be a shame to reduce your ‘batting average’! 😉
Hope you get better soon shug!
Are you okay shug? A few folk I know with Covid are quite ill with it … hope you are on the mend?
shugParticipant
Junior
On the mend m8! still a bit rough, the misses car had to get scrapped so on lookout for another car for her, busy busy. On the charts a few days now with fantastic results, thousands of points instead of 3 on each trade! completely re structured the method I’m using, 700 points yesterday alone. to be fair it is making big moves but great results none the less.
Temperature up and down like the market. Drinking plenty of water and lost a bit of weight as well.
I think I have worked out how to program this system but I’ll not know until I test it longer.
Hope your making good dosh with these market moves!
Take care, talk soon
shugParticipant
Junior
I’m looking into creating a group of 10 traders to join me in my trades, trading live every day starting at 7am, I know its possible but not sure how to start. In my mind i can have live video streaming to all members at the same time watching my trades and joining in if they wish to do so. I haven’t gave it all my attention as i’m not 100% yet but its on the cards.
Very low risk with massive returns, this way of trading is amazing, I have surpassed my goals and expectations considerably so brighter days ahead for sure.
If I decide to do this 10 really lucky traders will change there life for the better, I know with gambling on any market is risky but this method of trading has to be the best there is and I’m confident of that with my own results.
My own kids will be doing it on there own accounts and taking exactly the same trades I’m taking as well as my sisters and my cousins and friends.
So overall good news.
shugParticipant
Junior
Time
Why is time so important?
Everyone knows at certain times of the month, week and day certain things happen and is reflected in the price on there chart. Does everyone, for example look at the time it took the price to rise or fall between consolidations or ranges? The difference in the size of the candles when price is in strong up-trends or down-trends or consolidation? Timing of entry is also important and don’t forget exits. The time you start trading and cease trading is also important. The correlation of how long to hold your trade is important as well as the time period of charts your looking at for overall perspective.
Yes, I’d say time and timing is relative and important in trading.
Price
The price reflects everything, it’s the outcome of all the contributing nonsense that happens in the background that will determine the outcome of your equity, so yes study price.
Momentum
The rate and speed of price will effect how long your on your trades and show you strength or weakness of the move so study momentum by looking at your chart and watching it real time.
Equity
Equity is what you have to look after and look after it well otherwise your eliminated from the game.
Focus more on ‘what if ‘this goes wrong and how you’re protecting your money before you enter the trade, not so much on if this goes right because its not always going to go as planned.
Just some common sense tips that most of us know already but tend to forget now and then! Better me reminding you rather than the market doing it, its cheaper this way.
shugParticipant
Junior
I could have added history to the mix because historical price moves do affect future price movements to a certain extent, so I guess I should have.
I’m always careful using history so I treat it with a pinch of salt, however I’m well aware of what could happen at these levels and adjust equity at these levels as required.
History is history, not an indication of what’s going to happen again at those levels in future!
It is an indication that something will happen but if you don’t know what that something is then don’t bet the house on it.
I’m thinking there will be a correction down to around 31800 on the DJI before then resuming the uptrend that started yesterday at 08:00.
Home Sales & Yellen at 14:00 UK Time may trigger a big drop … made bigger by catching stop losses set on the way up from 31400 yesterday at 08:00 !?
‘Bigger the Rise, Bigger the Fall!’
shugParticipant
Junior
main levels on us30 give or take a few hundred points LOL
‘Bigger the Rise, Bigger the Fall!’
Maybe I was 24 hours too early with my prediction!? 😉
