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Sunday, April 16, 2023

Take profit level

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Trading Discussion

April 12

Take profit level

kyrkar

kyrkar

Hello traders.
Where do you usually set your take profit level? Maybe at a measured move or at previous peak in an uptrend?

likes  33 replies  24 kyrkar flamingoproxy ProfesorPips Worker_Bee Speedy62 Read More
 

Trading Discussion

April 14

Mondays & Fridays

DanLondon
Dan London

DanLondon

How do you all feel about trading on Mondays & Fridays?

Mondays, the market is just rousing and seems very capricious to me.

likes  17 replies  12 DanLondon Pauley1 this_is_ando forextt Emi.s Read More
 

Trading Discussion

April 11

This Week's Question: Do You Ever Compare Yourself to Other Traders?

Ananais

Ananais

They say "comparison is the thief of joy" but sometimes, comparison can also be what motivates someone. There's a fine line between comparison being useful and being very detrimental. How do you manage this?

likes  14 replies  21 Ananais Worker_Bee ProfesorPips OscarR123 ABDESSADEQ Read More
 

The Lobby

April 11

Do you have other sources of income outside of trading and your day job?

ponponwei

ponponwei

I'm seeing way more people talking about multiple streams of income (probably because of the current economic conditions). As someone who's made enough money from trading… enough to buy me 10 lattes lol, I'm wondering if any of ya'll have multiple streams of income? And if you can share what they are? Just a general source is enough (real estate, business, etc.).

likes  5 replies  14 ponponwei Pauley1 DownTheRabbitHole Worker_Bee Margaretwantstotrade Read More
 

Trade Journals

April 13

How to Learn from past mistakes?

b_gilliland
B Gilliland

b_gilliland

So I've gotten pretty good about keeping a detailed trade journal. However, as it is commonly said. Learn from your mistakes. What type of things am I looking for? What kinds of things can I learn from? I'm following my rules, risk management is great (1% on every trade). I feel like when reviewing the charts from my losses, I'm just looking at chart that did not move in the direction I had thought. Any guidance is greatly appreciated.

likes  14 replies  9 b_gilliland Margaretwantstotrade Worker_Bee alphahavoc tommor Read More
 
 
Popular Posts
 

Just thought I would pop in to give this thread a little revival. Hope everyone is doing well. I interacted a bit with the original TT thread long ago. Looks like this valuable content has found it's way to a small corner of this forum. Maybe this revival will steer one or two weary travelers in the right direction.

RC64

RC64

16 candles in the '58 edsel'

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Correct…

alphahavoc

alphahavoc

Self taught or a mentor?

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European currencies continue to lead

Dennis3450

Dennis3450

Trading the Trend with Strong Weak Analysis

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While there is no guarantee, FX pairs, especially the majors, do follow chart patterns which pro traders use to seek opportunities arising. In which case, backtesting could be useful in identifying repeat patterns - and then what happens next to the price movement. It is a possible edge that should not be ignored.

steve369

steve369

Back test? I need help!

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No change in order

Top Trade CHFAUD short has been a Top Trade since March, if you survived that big pull back then you are being rewarded now

Dennis3450

Dennis3450

Trading the Trend with Strong Weak Analysis

Read More
 
 
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