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logicgate

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Posts posted by logicgate

  1. What do you think of this course compared to Photon and Elev8?

     

     

    Did not like it very much. The content is exactly the same, but the delivery... Didn´t gel with me. His replays aren´t as good as photon´s and elev8´s.

     

    Also, he has a thick accent from somewhere in UK and speaks too fast, a bit hard to understand.

  2.  

    It's been two and half years I'm in this trading business I tried almost all the shitty technical analysis.

    from my experience these two analysis gives better edge over any other methods

    1.SMC stuff and 2.Supply and Demand method. it's true guys.....

    but only one thing retail traders missing is mass retail trader's pending orders and market orders. somehow if we can get access to that data we could make a shitload of money like institutional traders, that is which not gonna happen as you all know already.

     

    It won´t make a difference knowing those orders... The problem is consistency. I am still not very consistent, my equity curve is like a range, I make money and give all back, rinse repeat. It´s not a technical problem, it´s psychological. I know what I have to do and what I shouldn´t , but I enter revenge trading mind very easily when I get stopped or make some other screw up.

     

    I am combining BTMM with SMC and it´s working nicely. For example yesterday I took a short trade in GBPUSD right in the high of the day and by the end of the day I was 60 pips in profit. I had like a 2 pips stop loss, so this was 30R trade right? Very nice. My initial target was waaay below, like 200 pips down, but I ended up convincing myself that the market would go up at the end of day and started getting afraid of giving all profits back, so I closed the trade and even opened some longs which initially were on the green.

     

    Today when I woke up, I saw that the market had crashed, stopped me out the longs and to make me even more infuriated, it had reached and surpassed my initial 200 pip target that I abandoned when I convinced myself of going long... If I had let my trades at break even and never touched them, I would have made a huuuuuge profit like more than 200R. So this messed my head and I Started trying to catch bottoms, getting stopped out, started opening bigger positions, stopped out, started hesitating to take trades when I should and of course when I hesitated the market would do exactly what I predicted and when I decided to take action I would be wrong - this only sent me on an even worst downward spiral of self sabotage... So I gave back all I had made the previous day, and a bit more.

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