The Captains Chest - Naked Trading & Other Stuff

[xrismak]

welcome back CJ

Wow, looking at your lot size.. fantastic!

A don't look for perfect entry and exit.... I tend to take my money off the table before I should a lot of the time, but at that point, it IS my money...and I want to keep it when I'm comfortable with the trade profit. It also cuts down on my exposure to "the market".

I will ask you Kwanann, but the same applies to all... Is it not harder to find 10 trades across 10 pairs with multiple entries and lots totaling 100 lots total, than it is to find 3-5 trades and push the same number of lots at the smaller number of trades??

My idea of trading is finding a setup with a high probability of success and pounding it. Much easier to do than spread 100 lots across 10 pairs with 10 lots of each!

CJ

El Capitaine CJ,

Thank you Soooooooo Much for Showing us Rookies the Way , I feel you, I am Digging the Coins out of the Foxe's Hole on a Daily Basis Consistently.

Happy Trading Y'all

xrismak

[xrismak]

I'm still around though not as active.... a lot of the questions are starting to repeat...and most are answered by the group here....

As I said earlier, I don't trade like a madman everyday and some days I don't trade at all. I trade to make money. Sometimes I do it with a lot of orders, other times I do it with a few. I said before nobody needed to trade like I was trading earlier in the thread, to make money. It's not about the pips you make, it about making money.

My trade numbers have dropped off as I have been spending less time in the charts.... that doesn't mean that profits have dropped with the number of trades....it's all in the lots...

CJ

El Capitaine CJ,

WOW, those lot Sizes simply make an Amazing VIEW, You are a GIGANTILUS with a Splendid Appetite for Amassing Greater Coins (money)

One Day I am going to have the Confidence and the Coins to be Bold enough to Trade Higher lot Sizes like you , for Now I am still Learning but also making a bit of MONEY as I Learn which is even more Interesting and Exciting .
I know I will get there, it is Only a matter of time and I am more than Willing to Take that time .

Happy Trading,

Y'all,

xrismak

[xrismak]

what the..

Kwannan D Babarian,


Did You Catch the Move ! I caught it LIVE ! Made some Fast Cash, the Fastest I ever made in my Entire Life ... it took Seconds.....



I am Done Trading for today ! El Capitaine CJ THANK YOU SOOOOOOOO MUCH.


Happy Trading Y'all,

xrismak

[xrismak]

Unfortunately i was too much into CHF and missed this one. took the wrong side of gbpchf too. lucky the tight SL saved my sorry ass

Lol xrismak, now take a look at CJ's picture of the trades he had on today

Kwannan,

I saw El Capitaine CJ's trades and Lot Size and I felt like an ANT but, I am Determined to get up there with him Coins wise, give me another 9 months and I will AMAZE you, try me 'cause a Trial will CONFUSE you not CONVINCE You, hahahahahahahahahaha.
It's in Your inbox as in check your mail.

Hey I Hope you are still in this CHF trade.

Happy Trading Y'all,

xrismak

[Reaper]

As I said earlier, I don't trade like a madman everyday and some days I don't trade at all. I trade to make money. Sometimes I do it with a lot of orders, other times I do it with a few. I said before nobody needed to trade like I was trading earlier in the thread, to make money. It's not about the pips you make, it about making money.

CJ

I guess you're waiting patiently for some 3 level moves (and the crap accumulation/manipulation that comes after) to finish before getting your trading finger clicking again. I guess this is the best way to trade, with the lowest risk and highest probability.

Congratulations on your trades, looks like you got some nice pocket money there.

[Captain Jack]

Unfortunately i was too much into CHF and missed this one. took the wrong side of gbpchf too. lucky the tight SL saved my sorry ass

Lol xrismak, now take a look at CJ's picture of the trades he had on today

Kwannan,

I saw El Capitaine CJ's trades and Lot Size and I felt like an ANT but, I am Determined to get up there with him Coins wise, give me another 9 months and I will AMAZE you, try me 'cause a Trial will CONFUSE you not CONVINCE You, hahahahahahahahahaha.
It's in Your inbox as in check your mail.

Hey I Hope you are still in this CHF trade.

Happy Trading Y'all,

xrismak

Nice trades Xrismak! I'm glad to see the pips are still rolling in to your coffers!

The power of compounding will get you there...it's how I started. I can remember trading "cent" accounts at LiteForex years ago.

BTW, I added a few last night on GBPNZD....all trades now have a 20-30pip trailing stop set.... profits locked in and running! AUDCHF and CADCHF were/are close to closing.....

CJ

[Captain Jack]

As I said earlier, I don't trade like a madman everyday and some days I don't trade at all. I trade to make money. Sometimes I do it with a lot of orders, other times I do it with a few. I said before nobody needed to trade like I was trading earlier in the thread, to make money. It's not about the pips you make, it about making money.

CJ

I guess you're waiting patiently for some 3 level moves (and the crap accumulation/manipulation that comes after) to finish before getting your trading finger clicking again. I guess this is the best way to trade, with the lowest risk and highest probability.

Congratulations on your trades, looks like you got some nice pocket money there.

Waiting for "only" the trades after a level 3 reset has taken place is the way to put all of this together. The best "M" and "W"'s usually occur there and the moves are the longest in length.

If you trade on the 15M and are looking to "day-trade", 50pips is the target. If you are looking for the next move out of a level 3 reset, then the targets are 3xADR, with stops being moved up when a new level is reached and price moves away from that level, or a 20-30pip trailing stop.

CJ

[Captain Jack]

Well this kinds of show what is the lowest it can go before intervention

This shows only that "news", real or fake, is used as an excuse for the market makers to move price a great deal.

When this false report broke, the market makers tanked it....when it proved wrong, they took it right back to where it was when it all started....much like they do in all the other instances of "news" spikes".....

There was no central bank intervention here.

CJ

[Captain Jack]

hello John, hope you are doing great there. Nice big thread you have now.

regards,
subash

Hello Subash,

Nice to see you found your way to the thread. Things are well here as I hope they are with you.

John

[lhDT]

Is it me or it's a bit hard this week ? I'm down 3.4% since monday ...
Happy so see you back CJ !