Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    long eurusd n13.png
     
    #51     Jun 3, 2019
  2. padutrader

    padutrader

    #52     Jun 3, 2019
  3. padutrader

    padutrader

    short eurusd n14.png
     
    #53     Jun 3, 2019
  4. padutrader

    padutrader

    #54     Jun 3, 2019
  5. padutrader

    padutrader

    added 2 more lots. same stop..lesson learnt...trade one side with the trend
     
    #55     Jun 3, 2019
  6. Onra

    Onra

    Please take a break, Padu.
    You're out of sync with the market.
    Happened a lot to me; I kept making the wrong decisions, switching from longs to shorts etc...
     
    #56     Jun 3, 2019
    maxinger likes this.
  7. padutrader

    padutrader

    you are right...but if this is stopped out then i will know the trend....it is a learning process.
    thanks for watching over me

    as long as we have capital we can recover....what is important is do not lose more than your account can afford
     
    #57     Jun 3, 2019
  8. padutrader

    padutrader

    closed trade
     
    #58     Jun 3, 2019
  9. padutrader

    padutrader

    if the trend is up then all sell signals will fail...so when one sell signal fails, buy and put stop below the last sell signal failure...
    see chart this is what i have done...

    this is the way i wanted to trade....stop according to market not according to some arbitrarily chosen set up....not to my liking...traders do that and are happy...good for them n17.png
     
    #59     Jun 3, 2019
  10. padutrader

    padutrader

    sell signal failure - stop out- trend up.

    buy signal failure - stop out - trend down.

    traders like myself keep on taking all sell signals and blow their account because they have decided trend is down.
    better to lose your opinion than your money
     
    #60     Jun 3, 2019
    Onra likes this.