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KUTTY

India

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male

November 9

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(2)

Mitglied seit:	July 29, 2013
Letzter Besuch:	November 23, 2018
Freunde:	0

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TRADE IN GBP/AUD - RESULT

KUTTY Veröffentlicht 6 Oct. in #Trader's blog

Dear friends,
I had discussed about the trade in GBP/AUD which i took on 4th.
As it has happened to millions of traders and trades in the past ( and will happen in the future ) - my SL was taken out exactly and then the price reversed to my intended take profit !!
HOW MANY TIMES THIS HAS HAPPENED - EXACTLY OUR SL IS TAKEN OUT AS IF THE MARKET KNOWS OUR SL !!
SUCH THINGS HAPPEN - LESSON IS - VERY TIGHT AND NARROW SL LEVELS WILL BE TAKEN OUT - ATLEAST 10 PIPS HIGHER THAN THE PREVIOUS HIGH SHOULD B…

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TRADES IN GBP

KUTTY Aktualisierte 4 Oct. in #Trader's blog

Dear friends,
They say never leverage 100% but i am violating the rules to check things - for 100th time !
I saw that GBP was in sell mode,i took 2 trades - short GBP/AUD and short GBP/JPY
Let us see the chart of GBP/AUD.
THE SL IS VERY EASY HERE - 1.6910/1.6920 LEVELS
I FEEL THE PAIR WILL FALL UPTO 1.66 AND SELL IN DAILY CHART also if price does not break today's high.
Let us wait and watch how the trades go
Happy trading,Kutty

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THE 3 VICES OF TRADING - part 2

KUTTY Veröffentlicht 10 July in #Trader's blog

Dear traders,
We continue from yesterday , ( the first vice was - PERFECTIONISM )
Vice Number Two: EGO
Everyone likes to win in the markets. It’s only natural to feel good when you’ve done your homework and end the day with a profit to reward your efforts. Ego involvement in trading, however, goes further than this. When the ego is involved, we write the market a blank check for our self-esteem. If trading is green, we feel good about ourselves; if we go into the red, we feel diminished. That p…

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Last 3 posts Show blog

TRADE IN GBP/AUD - RESULT

TRADES IN GBP

THE 3 VICES OF TRADING - part 2