What was your "a-ha!" moment?

Discussion in 'Trading' started by schizo, Oct 13, 2023.

  1. padutrader

    padutrader

    using second entries ONLY
     
    #41     Oct 17, 2023
  2. schizo

    schizo

    You mean not falling into "traps". Well, good for you. But I'm surprised it took you 20 years to discover it. But as they say, better late than never. :)
     
    #42     Oct 17, 2023
  3. schizo

    schizo

    Sixth sense, I suppose. Anyway, I wouldn't wanna argue with the master. :)
     
    #43     Oct 17, 2023
  4. padutrader

    padutrader

    you are not the only one !!!!!!!!!!

    sometimes i wonder WTF i am doing? dont i want to trade well?

    now i do not wonder.

    i know.

    and yes interesting that you call first entries a trap.

    most of time it is. but in a trend, where everyone is rushing to enter the trend, first entry is the way to go.

    if you are entering counter trend, like after a pull back, [ a pull back is a trend in the opposite direction to the main one] then most first entries are failures or traps
     
    #44     Oct 17, 2023
  5. ironchef

    ironchef

    Thnks.

    I switched from bars back to candles for the visuals.
     
    #45     Oct 17, 2023
    schizo likes this.
  6. schizo

    schizo

    I ain't so sure I would agree with you here. Anyway, I gave away too much secrets already. You'll have to cross the ocean on your own. Good luck!
     
    #46     Oct 17, 2023
  7. padutrader

    padutrader

    i think i drowned a few times

    you can give away as many secrets as you want...... no one is going to recognise them, as any good.
    EXCEPT those who know the secret already and it that case it is not a secret [to them]
     
    #47     Oct 17, 2023
    ironchef likes this.
  8. speedo

    speedo

    [​IMG]
     
    #48     Oct 17, 2023
  9. schizo

    schizo

    Brilliant!
     
    #49     Oct 17, 2023
  10. ironchef

    ironchef

    You just stated what @padutrader has been telling us all the time:

    Q: What is the secret of making money?
    A: I make correct entries & exits.

    Q: How do you make correct entries & exits?
    A: I have 20 years of trading experience.

    Q: How do you gain experience?
    A: I have been losing money, making wrong entries & exits for 20 years.
     
    #50     Oct 17, 2023
    Overnight, rb7 and schizo like this.