Never Lose Again

[es/pip]

thats the end of my day


MO, do you ever feel guilty for doing this?

I don't

[BlackPearl]

Thank you Pro! I appreciate the help.

BP

[monolisa]

Nice, es.

Today's GBPUSD not-so-MZ trade. Likewise on EURUSD.



Lis

[dragon33]

thats the end of my day


MO, do you ever feel guilty for doing this?

I don't

lol i know the feeling! It is just to stupid for words. If i knew this from the beginning oh man! Scalping was fun but very hard focusing and this is sooooooo easy!

[brettnchrism]

bought at the top on strong up move and suffered a little dd so I added at 50 percent. Price came back took out my target total +45 for the two entries. Not perfect but it worked this time.

[MightyOne]

thats the end of my day


MO, do you ever feel guilty for doing this?

I don't

lol i know the feeling! It is just to stupid for words. If i knew this from the beginning oh man! Scalping was fun but very hard focusing and this is sooooooo easy!

Trading is always easy when you focus on the right things.

[MightyOne]

bought at the top on strong up move and suffered a little dd so I added at 50 percent. Price came back took out my target total +45 for the two entries. Not perfect but it worked this time.

Getting into a position one piece at a time is fine, but draw down is not a reason to add to a position.

[brettnchrism]

bought at the top on strong up move and suffered a little dd so I added at 50 percent. Price came back took out my target total +45 for the two entries. Not perfect but it worked this time.

Getting into a position one piece at a time is fine, but draw down is not a reason to add to a position.

I agree not to add to a draw down situation. My sentence structure was incorrect. I actually viewed the draw down as a retrace and added at the 50 pecent level and would have added at the z line if I had been paying attention. On the larger time frame we had a strong up move and I could see a target. This little retrace gave me a chance for some pips I missed from the original move up. Just something I saw maybe its not the best way to trade.

[brettnchrism]

Anyone else getting a time out 60 second error when trying to view this thread?

[es/pip]

bought at the top on strong up move and suffered a little dd so I added at 50 percent. Price came back took out my target total +45 for the two entries. Not perfect but it worked this time.

also just be aware that the further up you are buying the more held profit there is below you. Increasing the chances of them being zl'ed taking your long position down to them.

not saying you cant or shouldn't play it as it keeps going and going---- just that the risk increases