1 Nov India session longed India Nifty @ 1145am profit : +ve. simple, straight forward, off the textbook answer, high probability trade, easy to earn money signal. OK. time for afternoon nap. wait. cannot sleep. US index futures moving now.
cont .... Russell. seems like it will go up by few handles. signal missed : long copper @ 143pm, long hangseng @147pm, long gold @ 156pm. again copper and HS friend friend. sigh ... perhaps I shouldn't take a nap.
1 nov US session yesterday cattle and hog futures went up alot. today US index futures went up already. crude oil appears to be forming bull flag. copper day range has been very healthy. soya bean sleeping for weeks already. eurusd has been sleeping for a week. shorted eurusd @900pm shorted Natural Gas @ 910pm
cont ... NG profit : +ve. luckiest person to close position at lowest possible price. eurusd profit : zero. position flattened. not worth the risk. signal missed: long cattle @ 936pm
2 Nov Asian session Trading is seriously the only profession where you can increase your earnings multiple times by - using the same strategy and skill set, - spending the same amount of time and effort - simply staying calm and alert. You simply increase your lot size.. How lucky we are day traders. For doctors, they have to upgrade their skills to be surgeon. For employees in MNC, they have to perform well to be promoted. For workers, they have to work overtime, or hold 2 or 3 jobs. For businessmen, they have to expand their business. For day traders, just change lot size from 1 to 2 to 4 etc. US Index futures going down significantly. something is happening... longed gold @825am
cont ... longed copper @905am Profit : 0. good. gold profit : +ve. good. today gold and copper friend friend. soyabean going up perhaps due to some grain news. waiting for signal.
Time for rubbish talk. What is 100% accuracy trading system? It means what it means. Basically you confirm, double confirm, triple confirm and reconfirm again and again till you are very sure. Then you enter a trade. So when there is first signal, don't enter. Wait for 2nd signal. When there is 2nd signal, don't enter. check intercorrelated pair make sure both pairs are moving in tandem. when both pairs are moving in tandem, don't enter. check CNBC news, CNN news, bloomberg, WSJ etc etc for extra confirmation. Then enter. when price move in your favor, good. when price move against you, just hold on and don't cut loss because price will ultimately move in your favor.
I see the same 'signal' I am looking for in 9/10 of your trades. aka, multiple confirmed lines. I don't know how to use news confirmation thou. if I may, how do you determine when a trade becomes 'not worth the risk'? I traded the exact same eurusd short Your entries on markets in their night sessions are particularly impressive. most people will trade only active cash open products