Hello
Hope you all had a great weekend
No Trades so far on DAX m1
This hour , 8.55 am UK.
No setups on h1.
These pairs have trading ranges
EU GU AU CAD
UJ has broken out of TR above the box.
No impulse move at the moment.
4 Oct 2021
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
4 Oct 2021
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: 4 Oct 2021
Micro Phases on DAX m1immy wrote: 04 Oct 2021, 08:57 Hello
Hope you all had a great weekend
No Trades so far on DAX m1
This hour , 8.55 am UK.
No setups on h1.
These pairs have trading ranges
EU GU AU CAD
UJ has broken out of TR above the box.
No impulse move at the moment.
You do not have the required permissions to view the files attached to this post.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
DAX at 9 am uk
more phases (I post these in the discord channel)
You do not have the required permissions to view the files attached to this post.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
A Potential Trade Setup that did not happen
Sometimes the setup is almost there but just not right.
You do not have the required permissions to view the files attached to this post.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Recap Video London Session 4 Oct 2021
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: 4 Oct 2021
US Session 1 Live Trade - One Great Setup but missed (thanks to me ADHD)
Live recording first 18 minutes
Live recording first 18 minutes
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
NAS 100 Live trade - almost WHY I did not trade it?
I trade the US100 and now that its over, I know I made mistakes. This is NOT how I want to manage my trades. The setup was good and the trade management was wrong. I will repair this damage. And I will NOT be managing my trades like this.immy wrote: 04 Oct 2021, 15:14 US Session 1 Live Trade - One Great Setup but missed (thanks to me ADHD)
Live recording first 18 minutes
Next time when I take the trade, I will accept my risk of 1% and will not try to cut that. I will wait for the market to either go and hit my 2R target , exit with 2% profit, or if stop loss has been moved to BE at 1% profit, then I will accept a BE result. I will allow it to hit full 1% loss if I have to. It does not matter.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: NAS 100 Live trade - almost WHY I did not trade it?
Today I was trying to be too clever. All I had to do was take those signals and then let the trade management EA take over. I hurt my profits today by two things. 1. I was not focused for the first signal 2. I was trying to outsmart the market and choaked my trade. Exit too early. Remedy: next time I won't do this.immy wrote: 04 Oct 2021, 15:33I trade the US100 and now that its over, I know I made mistakes. This is NOT how I want to manage my trades. The setup was good and the trade management was wrong. I will repair this damage. And I will NOT be managing my trades like this.immy wrote: 04 Oct 2021, 15:14 US Session 1 Live Trade - One Great Setup but missed (thanks to me ADHD)
Live recording first 18 minutes
Next time when I take the trade, I will accept my risk of 1% and will not try to cut that. I will wait for the market to either go and hit my 2R target , exit with 2% profit, or if stop loss has been moved to BE at 1% profit, then I will accept a BE result. I will allow it to hit full 1% loss if I have to. It does not matter.
Here is a trade that is based on great technical analysis yet, I have a loss b because my mental setup was wrong.
HOW NOT TO MANAGE YOUR TRADES.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
US Session Full Recap
Hi
This is the full recap. I have stopped trading for now. I will come back for the last hour and carefully see if I can make a trade or two.
Today I traded badly, but not too bad. I should be up 4% instead I'm down .3% .
This is the full recap. I have stopped trading for now. I will come back for the last hour and carefully see if I can make a trade or two.
Today I traded badly, but not too bad. I should be up 4% instead I'm down .3% .
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
eaxh
- AIMSter
- Posts: 872
- Joined: 17 Jan 2017, 21:19
- 8
Re: US Session Full Recap
Hi Immy!immy wrote: 04 Oct 2021, 16:01 Hi
This is the full recap. I have stopped trading for now. I will come back for the last hour and carefully see if I can make a trade or two.
Today I traded badly, but not too bad. I should be up 4% instead I'm down .3% .
This video had some very good points.
One was that it is important to accept the full loss, BE or 2R.
Also that it is okey to make misstake. We learn from them and we get better.
It was very relateble
See you tomorrow!
Don't let the fear of losing keep you from winning