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Nicely done Immy! The best part of that chart and trade is the previous, i was there, rent management of -2 pips only.
Add*** Let me rephrase. I-know-what-the-market-wants, i-took-the-setup, paid-the-rent-as-per-plan-without-affecting-my-mindset-at-all-and-took-the-trade-the-market-was-ready-to-give..
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation" AIMS - The art of Trading markets successfully
When you say 10 pips a day keeps the jobs away, are you telling us this, trading, is your main business now?
I hold you in great admiration, for the successful ideas and enthusiasm you share with us, and your willingness to coach us newbies. Ray
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
wiseambitions wrote:When you say 10 pips a day keeps the jobs away, are you telling us this, trading, is your main business now?
I hold you in great admiration, for the successful ideas and enthusiasm you share with us, and your willingness to coach us newbies. Ray
Ray: I have not worked for anyone since Sep 2009! (party)
Thanks, I'd like to be in your situation, (you've worked for yourself not for not anyone!).
Well done, so that makes it 3 and a bit years
10 pips is enough. Subject to of course the right lot size! Some to take and some to roll up.
As we said many times it doesnt need £100,000.
Keep on bricklaying. With bricks that get bigger!
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
Another 20 pipper on EU but it was a bit of a price action trade, As gator was not open to upside but the look on m5 is what made me take this trade. I attach m5 picture as well so we can see why I took this. Along this I took an EJ trade and mis-managed it ,,, turned into a -3 which could easily have given me atleast 20 or 30 pips. for EJ... oh well. NEXT. (maybe trading 2 together is messing up my processor)
EU M1
10-01-2013 15-24-35.jpg
EU M5.
10-01-2013 15-24-42.jpg
and EUR/JPY messed up my exit. bad boy
10-01-2013 15-27-34.jpg
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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.
Regarding to You Need Courage to Trade video...just to point out that Timothy Sykes was in TV series called Wall Street Warriors: http://itradeaims.net/forum/viewtopic.p ... =210#p9089" onclick="window.open(this.href);return false;