Forex is boring..

Discussion in 'Forex' started by sakhter, Oct 5, 2009.

  1. sakhter

    sakhter

    lol. I agree. The trade becomes dead to me as soon as I hit submit. It's a great feeling knowing your risk.

    Profit or Loss, it's no big deal. But I will watch trades that I make & will never leave trades running when I cannot manage them (ie. sleepy time)
     
    #11     Oct 6, 2009
  2. Huh :confused:
     
    #12     Oct 6, 2009
  3. Thats funny because trades become dead to me when I go to sleep and let my thesis play out or not. Any trade management I do hurts my returns.
     
    #13     Oct 6, 2009
  4. sakhter

    sakhter

    What I meant was after I make a trade, I am indifferent as to whether it hits or misses. But I will still watch the trade for an earlier exit sign.

    If I see a short-term bias shift, I will exit at a little profit rather than wait for the s/l to hit. If short-term bias remains the same, I will wait for take-profit.

    LMAO so funny & I care.
     
    #14     Oct 6, 2009
  5. lol, me too, I don't have an alarm to wake me up if a trade is going the wrong way, it can wait until morning! :)
     
    #15     Oct 6, 2009
  6. Interesting risk:reward :D
     
    #16     Oct 6, 2009
  7. sakhter

    sakhter

    #17     Oct 6, 2009
  8. sakhter

    sakhter

    It's actually more interesting that ratios don't define winning strategies. :D

    If you are going to nitpick, do it to all trades. Not just one.
     
    #18     Oct 6, 2009
  9. You can't be serious. Cutting the position after 20 pips. Cable is right, the R/R is a joke.
     
    #19     Oct 6, 2009

  10. lol, well if you're hoping to sell this stuff to people (and brokers!) I don't think they'll be too impressed with a 55 pip risk for a 24 pip reward, or with one 20 pip trade call per day! :D
     
    #20     Oct 6, 2009