kolast (By zanzuk)
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kolast Discussion
Dec 21, 2012 at 22:58
Member Since Jan 04, 2012
48 posts
could anyone comment on my trading style?
i am mostly to technical analysis.
my weakness are:
1.greedy-i know that the movement of trend is slowing down,but coz i am greedy cause me to lose.
2.ticklish hand-even when i know that the time is not good to enter a trade,i still do it.
3.revenge mode-sometimes when i lose quite lump sum,it make me want to enter the trade without thinking.
please give me some comments or anything to improve my trading performance.
Thanks,
i am mostly to technical analysis.
my weakness are:
1.greedy-i know that the movement of trend is slowing down,but coz i am greedy cause me to lose.
2.ticklish hand-even when i know that the time is not good to enter a trade,i still do it.
3.revenge mode-sometimes when i lose quite lump sum,it make me want to enter the trade without thinking.
please give me some comments or anything to improve my trading performance.
Thanks,
Member Since Nov 09, 2012
69 posts
Member Since Nov 09, 2012
69 posts
Dec 24, 2012 at 16:59
Member Since Jan 04, 2012
48 posts
general strategies:
1.using macd,bollinger band and daily pivot.
2.enter the trade using small lot to test the water.
3.using macd 8h as major trend and using 1h macd as short term term.
4.when 8h macd show uptrend,we will enter if the macd 1h also show uptrend.
5.we will use pivot support 2 or resistance 2 as take profit aim.
6.stop loss at 5 pips so we will get a small profit even if the market against us.
7.quit the position if there is a major market news.
i am planning to reducing my lots for each trade.
i also avoid quiet market hours.
max position for big lot is 2-3 hours max.
for testing,usually i will leave it over night or even a week.
1.using macd,bollinger band and daily pivot.
2.enter the trade using small lot to test the water.
3.using macd 8h as major trend and using 1h macd as short term term.
4.when 8h macd show uptrend,we will enter if the macd 1h also show uptrend.
5.we will use pivot support 2 or resistance 2 as take profit aim.
6.stop loss at 5 pips so we will get a small profit even if the market against us.
7.quit the position if there is a major market news.
i am planning to reducing my lots for each trade.
i also avoid quiet market hours.
max position for big lot is 2-3 hours max.
for testing,usually i will leave it over night or even a week.
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