Roncriss
Long

GBPJPY to Previous High?

FX:GBPJPY   British Pound/Japanese Yen
108 8 3
GBPJPY             to Previous High? Lets watch this and harvest some pips before Brexit ...
Comment: Breaking the TL could cause the pair to head back low
Trade active: Move SL to BE
Comment: closing half position
Trade closed: target reached
Man you are quick! How long have you been doing this?
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About a year
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TradZ Roncriss
Must of went to school for this assuming how confident you are. I've been learning from home and still need to work on taking a trade when the time is right. I tend to hesitate a lot when I know where it is headed. I will prevail!
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TradZ TradZ
I've been on it for about a year now as well but been reading on it for about two years although I found out about trading back in 1999 when I was less disciplined.
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Am still in a learning curve as well , learning from home & the internet
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TradZ Roncriss
Yeah I pounded my head day & night with learning of patterns and what not and now I'm into the Heikin Ashi Candles:) Feel more confident as there are no fake outs. I can do so much better but like I say I have a problem with hesitating:( 0nce I pass this phase, to the MOON!!!!!!
+1 Reply
Once a trade fits your trading strategy and plan then you dont have to hesitate ,You pull the trigger because while making sure it has good Risk reward and by this you will find yourself in profit.
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TradZ Roncriss
I know I know I know!!! lol You are so right and by hearing or reading you say this, It opens up my awareness. I was doing good when I first quit my job to work on this full time. A buddy of mines gave me start up capital - $3000 total(over time) but started with $1000 and made $400 my first day, then lost the gains, then made $600 the next day then lost gains then I made a $1000, split profits with partner then it went downhill from there. Had to learn my weaknesses I guess lol This is when I was using the whole acc($1000) on any given trade lol That was scalping & not staying in a trade which would have yielded me more gains. I learned my lesson after losing the whole account 3times smh lol
I would still use a $1000 a trade now that I know how to manage a trade much better. And now that I'm using Heikin Ashi candles, it should be easier for me to get in & out of the market so, my goal is to get my acc back up to a $1000 then I will be using $100-$500 a trade and a $1000 on obvious strong moves. Much easier to trade with bigger money as you can quickly get in & out the markets. My problem was that I over-traded trying to show my family power. This time I will have a set quota:)
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