MegaBlog
MegaBlog- – this is an amalgamation of posts from popular trading blogs . This section will allow you to track interesting topics and track popular trends in trading., understand what traders live.
Second and third
2.
This is what it means to set yourself up not to trade.. I waved this opening of the states. As I saw the engine, at the same second he made a short cut. A second later, the brain turned on and said: what the fuck, where is the stop level? And then he closed exactly zeros.
3.
I waited for the correction and entered by the level, stop around 1-2 item. And in my head already all sorts of shit-thoughts are non-market, like not to ruin the day… In short closed.
Slightly improved the result of the day. +26.21%, but I was not very happy.
Technique works, the problem is me.
Go to sleep.
Here it comes
Sell signal, which I talked about earlier, confirmed upon penetration 1126, there is still ” Troy Alliance” catch up.
Your humble servant probably got up on the wrong foot today, so I screwed up everything being short several times and stopped for a bunch of different reasons( my mostly). :((Truth on a small briefcase, basically everything is OK, but it's a pity all the same.
Hope, that at least someone helped, I'm not the only one……..!!! :)))
Another warning on Stockportal :)
There was such a message:
——————————————————————-
Here money management will come to the rescue – about the ratio of average profit to average loss as 3 to 1 at least remember???? Although in my opinion 3 to 1 not enough, better 5-6 to 1. With the ratio 3 to 1 – even if you make a mistake with the share in 60% cases, you will still be in the black. If the ratio 5 to 1 – even 75-80% mistakes will not leave you behind on average.
——————————————————————
I answered it like this:
——————————————————————-
If I were you, I would advise 53 to 1 — this is the best option. In this case, according to your logic, even 98-99% `` mistakes will not be left behind on average"
—————————————————————–
TraderDen1: FLOOD -WARNING
What's this, the relation is obtained 5 to 1 not flood, and 53 to 1 — flood? Who will say, where is the flood boundary? Maybe 15 to 1, or 22 to 1?
:)
while in China they celebrate 10%, Japan is approaching W-shaped
not so, so that I insist, but they speak, that Japan is under threat of a continuation of the recession. the risk group is still enrolled in Spain / Portugal and Germany in the summer (due to the potential rise in unemployment).
on the bottom picture, painted by me Service PMI. basically, the entire service sector is lagging, but it shrank less, and hence the effect of momentum is less. Nevertheless, Japan doesn't look good at all.
Very briefly about Fibo
Yes, I often build Fiboes and focus on their levels.
Here, how did today's levels work based on the range of the eurosession. Pay no attention to the horrors of painting, battle schedule.
And here is a day from a recent post.
Do you think a similar working out of Fibo levels is not possible?
Current morning recommendations
http://www.procapital.ru/showthread.php?t=20648&page=32
Writes:
———————————————————–
I will now close some positions and wait for the market to turn up.
————————————————————
Well, longs at the signal source are closed at a loss. Now, by the rules of the contrarian, subscribers are immediately encouraged to go to the long and keep a close eye on that, when the signal source considers that the market has already turned up — then close positions.
:)
First trade of the day
Nifiga did not analyze and did not have time to draw anything. With little or no preparation.
Entry signals: Eurosession failed to top, fell into the negative zone, drew a new low, corrected and went to draw the next loi. Then I joined the movement.
Exit signals: hide… there is a Fibo level next to it 161.8 was…
As you can see, it was added not very high quality and was a little rushed to close. Hotell had parts to cover, but I didn't have enough experience.
Total: +24,23%. Not super of course, well, in terms of aggressiveness «the environment» — normal.
Basically, satisfied. Think, that's all for today.
My creative marketing (+proposal)
Sometimes you have to dig in your own head. Conduct, like Dr. House (By the way, good series), deep analysis of internal psychological processes. Why, with all that, what am i doing, what I like, the, which brings me a good income, I still have no satisfaction with myself, my life?
Yes, there are several excuses. My parents don't take it, how […]
How to survive?
How many trader blogs I don’t read – it's the same everywhere.
CU, heaps of graphs, attempts to analyze.
But the main thing is not – how to survive, how to keep fighting spirit.
It's a pity, that I cannot create a separate section for these moments, will have to write just like that.
I have not found a description of that, how experienced traders deal with dips, cheer themselves up.
But this is much more important, than everything else.
I will say sincerely: sometimes I go home and think: “What I've done?”.
Psychological diary and clear statistics helps.
I will speak out in the diary. Then I will look at the printouts of transactions, I will compare and find a way out.
How other traders live without a diary – who knows.
Not surprising, that only five percent survive.
The rest just drown in …
Communication with experienced traders also helps.. You will talk and understand, what's in your problems
you are not alone. That others have been through it all. Everything, What do we have to do – go, don't give up.
As the old wisdom says: “the road will be mastered by the walking”.
If traders unsubscribe in the comments to this post about,
how they deal with stress and failure – I'll be very thankful.
I think, yes, that not only me :)
Alone will not survive – need a team.
Traders, if you are too lazy to leave comments – write a post on this topic at least in your blog.
It will really help people. Much more, than your analytics and heaps of charts.