Moty`s Journal [Awarded Title: Samurai Sword Fruit Chopper]

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moty
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Re: Moty`s Journal

Unread post by moty »

One trade in today LO session, Dax m1.
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Patience and Discipline is the key.
moty
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Re: Moty`s Journal

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Two Dax trades this morning.
both exits was on fruits.
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Patience and Discipline is the key.
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immy
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Re: Moty`s Journal

Unread post by immy »

Moty, lets hope you stay disciplined like this. I can see that you can SEE the setup! Congratulations!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Darren
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Re: Moty`s Journal

Unread post by Darren »

Moty - great trades ^:)^

I had a question about the first Dax trade which I was watching as it happened and wanted to enter, but didn't!. What put me off entering was that the M1 Aims box was about 30 pips, so did you place your stop on the opposite side of the box or use a fixed 10 pip stop loss and trailed quickly?

Immy - what would you have done in this situation?

Cheers and catch you next week.
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immy
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Re: Moty`s Journal

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Darren wrote:Moty - great trades ^:)^

I had a question about the first Dax trade which I was watching as it happened and wanted to enter, but didn't!. What put me off entering was that the M1 Aims box was about 30 pips, so did you place your stop on the opposite side of the box or use a fixed 10 pip stop loss and trailed quickly?

Immy - what would you have done in this situation?

Cheers and catch you next week.

I'd go with the 10 or 15 pip SL and then bring above trigger candle quickly. if it goes in my favour fine if not, I would accept the rent and move on.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Darren
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Re: Moty`s Journal

Unread post by Darren »

Thought as much. :)

Cheers Immy.
moty
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Re: Moty`s Journal

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Yes Darren, my stop was on the opposite side of the box, and i reduced the trade size.
Patience and Discipline is the key.
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Darren
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Re: Moty`s Journal

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moty wrote:Yes Darren, my stop was on the opposite side of the box, and i reduced the trade size.
Ok Moty - thanks for the reply. :)
moty
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Re: Moty`s Journal

Unread post by moty »

Nice way to open a new week.

1st trade (Dax) ended BE.
2nd trade ended 4 times the risk.
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Patience and Discipline is the key.
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Darren
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Re: Moty`s Journal

Unread post by Darren »

Nicely done Moty \m/
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