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10.6 EDSEL
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3259		 Page 109 of 234
Author:  rocketman99 [ Tue Jan 28, 2014 7:15 am ]
Post subject:  Re: 10.6 EDSEL
95026862 » Tue Jan 28, 2014 6:48 am wrote:trading a demo is nothing like trading real money. trading a demo, it's like " ah who cares i lost 10k ".. lose $100 in a live account and it's like " ah f*%$# my life !"
That may be the way you trade. I trade seriously on demo, just like I would in real life. Remember just last week you posted how many demo accounts you have blown with Bob's methods. I have blown none. In fact I have not even gone into DD on my demo yet below total gains. Not once.

On demo I trade exactly the starting capital amount I would trade on a real account i.e. the money I currently have in my bank account for trading.
I trade real lot sizes at real risk percentages, not 1 lot on a million $ demo account.

I suggest you get serious on demo and work on your emotional side of trading. Remember trading is mostly about emotions than anything else.
Author:  95026862 [ Tue Jan 28, 2014 7:24 am ]
Post subject:  Re: 10.6 EDSEL
well then, you are a trader and i'm just a loser. thanks for explaining that for me
Author:  lonelytrader [ Tue Jan 28, 2014 8:15 am ]
Post subject:  Re: 10.6 EDSEL
95026862 » Tue Jan 28, 2014 3:24 am wrote:well then, you are a trader and i'm just a loser. thanks for explaining that for me
dont take it like that...
dont be discouraged...

btw from what I read, check the ego at the door, as thats the cause of more accounts then you can imagine.
Author:  piet.forex [ Tue Jan 28, 2014 8:22 am ]
Post subject:  Re: 10.6 EDSEL
rocketman99 » Tue Jan 28, 2014 9:15 am wrote:
95026862 » Tue Jan 28, 2014 6:48 am wrote:trading a demo is nothing like trading real money. trading a demo, it's like " ah who cares i lost 10k ".. lose $100 in a live account and it's like " ah f*%$# my life !"
That may be the way you trade. I trade seriously on demo, just like I would in real life. Remember just last week you posted how many demo accounts you have blown with Bob's methods. I have blown none. In fact I have not even gone into DD on my demo yet below total gains. Not once.

On demo I trade exactly the starting capital amount I would trade on a real account i.e. the money I currently have in my bank account for trading.
I trade real lot sizes at real risk percentages, not 1 lot on a million $ demo account.

I suggest you get serious on demo and work on your emotional side of trading. Remember trading is mostly about emotions than anything else.
And those emotions you only experience with live trading.

Paintball vs real bullets. Arcade games vs real life. Demo trading vs real trading.

Hannes, ek stuur vir jou 'n PM.
Author:  SpiderX [ Tue Jan 28, 2014 9:04 am ]
Post subject:  Re: 10.6 EDSEL
95026862 » Tue Jan 28, 2014 3:24 pm wrote:well then, you are a trader and i'm just a loser. thanks for explaining that for me
Remember reading about a "10000 hour rule" which states that to become an expert on a matter you need to spend 10000 hours on it.
if you spend 10 hours a day, that would be about 1000 days, which translate to roughly 4 years.
So how much of that 10000 hours have you already spent/earned ?

p.s: btw we should also be grateful for Bob's teaching here, for his sharing of his 10000 hours with us, it has probably cut down our 10000 hours significantly ! :D

cheers
Author:  95026862 [ Tue Jan 28, 2014 9:43 am ]
Post subject:  Re: 10.6 EDSEL
piet.forex » Tue Jan 28, 2014 8:22 am wrote:
rocketman99 » Tue Jan 28, 2014 9:15 am wrote:
95026862 » Tue Jan 28, 2014 6:48 am wrote:trading a demo is nothing like trading real money. trading a demo, it's like " ah who cares i lost 10k ".. lose $100 in a live account and it's like " ah f*%$# my life !"
That may be the way you trade. I trade seriously on demo, just like I would in real life. Remember just last week you posted how many demo accounts you have blown with Bob's methods. I have blown none. In fact I have not even gone into DD on my demo yet below total gains. Not once.

On demo I trade exactly the starting capital amount I would trade on a real account i.e. the money I currently have in my bank account for trading.
I trade real lot sizes at real risk percentages, not 1 lot on a million $ demo account.

I suggest you get serious on demo and work on your emotional side of trading. Remember trading is mostly about emotions than anything else.
And those emotions you only experience with live trading.

Paintball vs real bullets. Arcade games vs real life. Demo trading vs real trading.

Hannes, ek stuur vir jou 'n PM.

Thank You ! exactly what i was saying before my ego was downgraded lol. I'm sure i'll get more people crapping on me soon, so ill just crawl back to the F factory. happy trading. it was fun for 2 seconds
Author:  piet.forex [ Tue Jan 28, 2014 10:26 am ]
Post subject:  Re: 10.6 EDSEL
has also put together a 4H warning system using the CSS and I am studying how to use it effectively. So far I havent liked the 4H CSS but that may change with some new thoughts. So back to bed for me. :|
Bob, any news on the CSS warning system?

Piet
Author:  Anthar [ Tue Jan 28, 2014 2:58 pm ]
Post subject:  Re: 10.6 EDSEL
Hi guys, have been reading a lot of trading related topics from last posts. Hope you don't mind me posting a setup in between. So this is a chat of GBPNZD right now, and it shows a nice setup I would take on a pending order above DP. I think it has a nice "by the rules" setting and good odds, my stop is between 1.9950 and 2.000 as that's where our 60ma is moving towards in my opinion my TP would be 2.0200 , so this is maybe the most debatable aspect of the trade, I'd love to read you opinions on entry and TP.
Have a great day y'all
Author:  nanningbob [ Tue Jan 28, 2014 3:25 pm ]
Post subject:  Re: 10.6 EDSEL
Anthar » Tue Jan 28, 2014 10:58 pm wrote:Hi guys, have been reading a lot of trading related topics from last posts. Hope you don't mind me posting a setup in between. So this is a chat of GBPNZD right now, and it shows a nice setup I would take on a pending order above DP. I think it has a nice "by the rules" setting and good odds, my stop is between 1.9950 and 2.000 as that's where our 60ma is moving towards in my opinion my TP would be 2.0200 , so this is maybe the most debatable aspect of the trade, I'd love to read you opinions on entry and TP.
Have a great day y'all
I got that one also. You may not get the movement until the nzd or jpy session but I am in also at DP. If the move up causes a V to form at the 20 line then it should break the previous high and continue up some. Compare the present with the last 3 V patterns. :clap:
Author:  genaja [ Tue Jan 28, 2014 3:28 pm ]
Post subject:  Re: 10.6 EDSEL
Anthar » 28 Jan 2014, 15:58 wrote:Hi guys, have been reading a lot of trading related topics from last posts. Hope you don't mind me posting a setup in between. So this is a chat of GBPNZD right now, and it shows a nice setup I would take on a pending order above DP. I think it has a nice "by the rules" setting and good odds, my stop is between 1.9950 and 2.000 as that's where our 60ma is moving towards in my opinion my TP would be 2.0200 , so this is maybe the most debatable aspect of the trade, I'd love to read you opinions on entry and TP.
Have a great day y'all
Hi Anthar,

yes, it looks like a valide signal. But the daily Chart looks not so nice. That CSS from NZD angles up.
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