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Roody JeanPierre (By JohnRockOmni)
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Roody JeanPierre Discussion
Member Since Jul 14, 2016
14 posts
Member Since Jul 14, 2016
14 posts
Member Since Jul 14, 2016
14 posts
Jul 15, 2016 at 10:29
(edited Jul 15, 2016 at 10:29)
Member Since Jul 08, 2014
435 posts
JohnRockOmni posted:
I'm absolutely convinced of that just need more patience and stick to my plan. I lose sight at times.
Keep the thread updated for us to see, and it should keep you in check a bit.
Keep at it
Member Since Jul 14, 2016
14 posts
Member Since Jul 14, 2016
14 posts
Jul 27, 2016 at 04:08
Member Since Oct 23, 2012
355 posts
if your manually trading make sure you make your stop-losses are consistent with past S/R levels and do you best to at least maintain a 1:1 win:loss ratio preferably 2:1..
Check S/R levels..
Check if OB or OS on larger time frames you need at least 1hr and 4hr both matching..
Check for Divergent fake outs in strong trends, if the divergence is fading its a good sign of a strong reversal coming..
Check the news and its current effect on the pairs your trading..
Scale in / Add onto winning positions(Anti_martingale) and move up the the stoploss the further you go in profit this will help your avg win:loss ratio..
This is a winning combo for trading, i hope something i said least helps point you into the right direction..
Good luck bro!
Check S/R levels..
Check if OB or OS on larger time frames you need at least 1hr and 4hr both matching..
Check for Divergent fake outs in strong trends, if the divergence is fading its a good sign of a strong reversal coming..
Check the news and its current effect on the pairs your trading..
Scale in / Add onto winning positions(Anti_martingale) and move up the the stoploss the further you go in profit this will help your avg win:loss ratio..
This is a winning combo for trading, i hope something i said least helps point you into the right direction..
Good luck bro!
if you follow the flock like sheep you always end up stepping in shit!
Member Since Jul 14, 2016
14 posts
Member Since Jul 14, 2016
14 posts
Jul 30, 2016 at 21:21
Member Since Jul 14, 2016
14 posts
Magiic posted:Yeah I wasnt setting a standard of the amount I should be trading and was over-leveraging myself. Thank you for the feedback it is more than appreciated
Pips -17.4 $-37.20 1h 0m -9.51%
Maybe keep the trades at 0.01 with the $300 that's left till you hit 2 or 3 months without wiping.
Learn and Grow
Member Since Jul 14, 2016
14 posts
Jul 30, 2016 at 21:24
Member Since Jul 14, 2016
14 posts
sirius1fx posted:
if your manually trading make sure you make your stop-losses are consistent with past S/R levels and do you best to at least maintain a 1:1 win:loss ratio preferably 2:1..
Check S/R levels..
Check if OB or OS on larger time frames you need at least 1hr and 4hr both matching..
Check for Divergent fake outs in strong trends, if the divergence is fading its a good sign of a strong reversal coming..
Check the news and its current effect on the pairs your trading..
Scale in / Add onto winning positions(Anti_martingale) and move up the the stoploss the further you go in profit this will help your avg win:loss ratio..
This is a winning combo for trading, i hope something i said least helps point you into the right direction..
Good luck bro!
Wow this is some more solid advice and falls in line with some things my mentor teaches. The fakeouts in the strong trends would get me and run me over even if I started the trade in profit. I also got so bold as to trade w/0 a stop loss on a few trades which made my trade infinite:1 risk/reward lol. Thank you so much I will implement these strategies into a concise trading plan.
Learn and Grow
Member Since Jul 14, 2016
14 posts
Jul 30, 2016 at 21:26
Member Since Jul 14, 2016
14 posts
Magiic posted:Yes and it shocked me when I realized this and what it could've been. I'm not one to sulk for long though. Learn from mistakes and get back into it.
Pips -17.4 $-37.20 1h 0m -9.51%
Maybe keep the trades at 0.01 with the $300 that's left till you hit 2 or 3 months without wiping.
Learn and Grow
Member Since Jul 14, 2016
14 posts
Jul 30, 2016 at 21:28
Member Since Jul 14, 2016
14 posts
So I have been doing a lot more studying and coupled with the advice and accountability I have realized a decrease in my trade frequency as I wait for a proper trade to form which fits my rules and trading style. I'm not there yet, but ending last week in net profit does add some reassurance, seeking a repeat for this upcoming week. Thanks again to everyone giving input. I live to learn.😀
Learn and Grow
Member Since Jul 14, 2016
14 posts
Member Since Jul 14, 2016
14 posts
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