If you don't have "thick skin" and a small sense of humor, you are on the wrong board buddy. Remember you solicted free help. If you get one nugget of information from here that makes you a better trader it was worth your time. el surdo
I gotcha.. I wouldn't go as far and say that I'm on the wrong board( I do want to feel welcome here) but yes, I will learn to thicken my skin ok? I can only do so much in such short notice.
I swear - this is my last interjection - but I couldn't let this one slide - that made my day, Nanook!!!! Best to ya, bro ..
You guys are such pissers! OK TB, back on topic. You've had one mentor fly the coop, has anyone else tried to impart the pearls of their wisdom to you? If so, what have you learned? JJ P.S. Now, that is a very serious question. The rules for mastering any discipline are always consistent within the context of the subject that you are trying to master.
You can start by changing out of your lace panties into combat fatigues pal. el surdo PS: Andekdoten, AKA NEET/Ta1 come out and play, the lace panties were your cue.
Um, if you're giving yourself a single week with a given timeframe and then planning to abandon it if it doesn't work out in a week, you might as well go into swing trading now. Even if by a miracle of luck you're profitable this week, what happens when you lose money next week? Do you move onto swing trading? Do you learn from your mistakes? First off, I really don't think you'll find any edge whatsoever in using the MACD. Trends you should be able to confirm visually without using a lagging indicator. People post jokes on here because everyone who is profitable sees why you most likely won't be, and that is because you don't seem self reliant or capable of reaching the level of awareness of how the market actually moves required to consistently extract paychecks. You can learn that yourself, but you're asking for a mentor while providing no clues as to why the mentor should help you, no evidence that even if a mentor were to help you, you would be capable of succeeding, and nothing for the mentor to work on with you. All you're telling us is that you're drastically undercapitalized and jumping between markets/timeframes/systems so quickly that your chances of learning any one timeframe in any given market are as slim as Nichole Richie. A mentor in trading will help you work out solutions to your issues, give another perspective to your trades and see patterns in your behavior that might be self destructive or suboptimal which you might not pickup on as quickly as an external observor. What a mentor cannot do is make posts on a private message board which, when you're at a stage of deciding on a market/timeframe to trade, will actually bring you remotely near the point of having a sustainable, statistical edge. Also, your name makes you look like a grade-A piker. You're trading $2,000, not billions... no, I'm not taking your name too seriously, I'm just telling you for your own benefit that it comes across poorly. Now, whether or not someone "steps up" and decides to give you help will largely depend on how much you can prove yourself worthy of help. Show us relentless work ethic, endless determination, insatiable passion for trading and utmost humility and respect for the markets and you may have a little more luck in your quest. Many people probably have neglected to offer you their services not because they're unwilling, but because they truely believe, based on many of the observations I have outlined above, that doing so would be an exercise in ineffectuality. My exercise for you is to figure out why your system, based on standard TA principles which have been in publishing for 15 years, should represent any sort of edge in today's competitive electronic markets without any clever modifications or even a sophisticated understanding behind the underlying principles of trendlines, MACD, etc. If you feel that there is no reason your system should have any sort of statistical edge, explain what steps you think are the most effective in terms of determining a real edge. I agree with Socrates that most traders need therapy, but I also agree with Brett Steenbarger that most traders have psychological issues stemming from a lack of an objecive edge. All the successful systems I know of are simple, and none reinvent the wheel, but you can't pickup "Technical Analysis of the Financial Markets" and figure any of them out.
Look, you're right. I am a loser trader. I should just rename my nickname to theWorstTraderEver. How's that sound? Everytime I make what I think is a high probability bet on a trade It usually turns the opposite way. I don't know why but it does. Lovely, huh? Anyway, I should have just followed the trend on the euro fx as there is just another volume spike sending this baby wayyyy up to the sky as i was going short. sweeet! I just need to be beaten up to realize why i keep messing up trade after trade. your right i'm unworthy for a mentor..
Quit feeling sorry for yourself. The market doesn't owe you anything. Stop thinking that it does. Not to beat a dead horse. But if you do have some question with the mentor route, I am open for the little advice that I'm qualfiied to give via pm's or whatever.
Everytime you think you have a high probability trade just do the opposite of what you think and you will be rich.