Jump to content

K12

Members
  • Posts

    141
  • Joined

  • Last visited

Posts posted by K12

  1. Remember, it is a PERCENTAGE. Loses is measured against your bankroll which is a percentage of your account. Many suggest not to risk more than 2 percent of yor account on each trade. But lets say that for some reason because your strategy or whatever you are comfortable to risk no more than 10 percent of your account on each trade and lets say thats fine for you. But then if you violate your own rules and say lost 20 percent then it means you lost big percentage of your account.
  2. I think when one loose big, he/she should first (1) take a break and then (2) really find out what really went wrong before trading again. This may take some time before getting back to the right state of mind and being fully refershed. Usually the reason is bad money management in particular (a) Risking too much on one trade and (2) holding too long to losing trades (3) revenge trading by way of adding more to losing trades in hope that the market will turn in to your favour! Hope this helps!
  3. HOW TO TRADE FX USING SUPP0RT & RESISTANCE LEVELS by Vic Noble 112 MB

     

    Let me ask you a question: Have you ever taken a trade, and as soon as you got in, it immediately went against you? Maybe you’ve had this happen a lot. You feel like “they” know you just got in and now “they” are out to get you!! Well let me assure you, there is no “they”, it’s YOU! You’re trading without being aware of very important “key” levels in the market. The banks know about them, large institutions know about them, and YOU should know about them too! Without this awareness it’s my belief and experience that your trading career is going to be frustrating and… short-lived. I want to show you a better way. I’ve coached well over a thousand aspiring traders, and those that have taken and applied this knowledge as taught, and applied it in a consistent manner, using impeccable money management as I teach in the course, have become competitive traders. Some are now making their living trading!

     

    Does it happen for everyone? Of course not. But it’s interesting because I give the exact same information to everyone, yet the reality of trading is that everyone applies the information a little differently.

    No matter how you like to trade, and what technical indicators you like to use, this information will give you a new “look” as to what is unfolding. You’ll know in advance where price is likely to go, and where it is likely to fail.

    Let me get right to the point: Here’s what’s in this course:

    - A rock solid plan for risk management – without risk management you won’t make it in this game!

    - An explanation of the incredible power of pure price action!

    - How to identify, in advance, key reaction levels

    - How to combine key levels with technical tools

    - How to integrate “market flow” into your trading. I’ve been told by many traders that this one concept alone made all the difference!

    - How to do proper top down analysis so that you’ll know the best direction to trade!

    - How to use Fibonacci retracement and extension information

    - How to use “pivot” levels, and how to calculate them (free pivot calculator included)

    - How to enter a trade, where to place stops, and where to get out – all calculated in advance!

    - Understanding the role of fundamentals

    - And finally, how to put it all together, complete with actual examples

    This information can bring out opportunities that you may not have seen before and improve your results. I’ve witnessed this first hand for so many people.* And the good news is, it’s not going to cost you an arm and a leg to get it.

    If you’re serious about moving your trading ahead I believe I can help you in achieve success. I’ve done it for so many others, and I’d love the chance to help you too.

    You may have noticed that I didn’t fill this page up with testimonials, although I have plenty! That’s because I thought it would be much more convincing for you to hear from real people and listen to some of the many interviews that I’ve done over the past few years. These are people who have adopted this simple yet powerful approach*.

    TABLE OF CONTENTS

     

    Chapter 1 – Important Disclaimer

    Chapter 2 – Welcome

    Chapter 3 – Risk Management

    Chapter 4 – Why Trade Using Support and Resistance Levels

    Chapter 5 – Understanding Market Flow

    Chapter 6 – Knowing Which Way To Trade – The Top Down Analysis

    Chapter 7 – Understanding Key Price Levels Of Support And Resistance

    Chapter 8 – Combining Key Levels In Price With Technical Tools

    Chapter 9 – Using Pivot Levels

    Chapter 10 – Trade Entry, Stop Losses And Profit Targets

    Chapter 11 – Using A Technical Indicator

    Chapter 12 – The Role Of Fundamentals

    Chapter 13 – Putting It All Together Trade Illustrations

    Chapter 14 – Closing Comments

    Chapter 15 – Other Courses And Services By Vic Noble

     

    http://www.filesonic.com/file/1031154681/vic_noble_support_resistance_course.part1.rar

    http://www.filesonic.com/file/1031150171/vic_noble_support_resistance_course.part2.rar

  4. Re: Market Matrix

     

    Dear mashika,

    I suspect that he has the book and it is likely the reason why he comes back here everytime. Ask him to share page 48 and 74, I bet that he will fail. ;) =))

     

    You have lost your bet, K12. I'm here again.

     

    I will not share the 2 pages you have requested, but I will tell you what they contain :

    - page 48 : a part of the description of the MC4 Matrix cycle and its relation with the MC3 Matrix cycle.

    - page 74 : a chart explaning a special Matrix rule.

     

    Bye for now.

    The simple condition was that you provide those two pages to prove your claim. The description you’ve given is rather vague and also, could be obtained from other sources. Moreover, it cannot be verified for the moment. You have not met the simple conditions put in front of you and thus for now you have failed to prove your claim. You obviously cannot share it even if you really wanted because you simply do not own the book! :o What a funny situation. =))

  5. Re: Market Matrix

     

    luk32,

    Can you share the book please.... ^:)^

     

    Dear mashika,

    I suspect that he has the book and it is likely the reason why he comes back here everytime. Ask him to share page 48 and 74, I bet that he will fail. ;) =))

  6. Re: STEINITZ FRACTAL BREAKOUT CUSTOM INDICATOR for....YOU!!!

     

    Hopefully those using this for real will also not forget to share about their live experience, (good or bad really doesn't matter) or, at least parting with some general feedback or thoughts in return without just disappearing. I think it would be seen as a 'big thank you' with some real substance that also would benefit everyone. :arrow:

     

    Thank you tek1972. :arrow:

     

    Here is what I think. To me the whole concept around the EAs looks flawed. They may work only for the programmers who constructed the algorithm but for a certain market and at certain condition for a short period of time and most importantly also with some luck. I think 'Hype and hope' is the most important ingredient to these so called robots at least for our time at this moment which certainly works extremely well for the sellers in our market conditions which is not our maket of interest or Forex but, pure marketing!!! A top trader with solid track record is paid up to millions not including bonuses by big institutions. Yes, you heard that correctly and you can also check such vacancies for yourself if you have any doubt about it. Real big money is paid to real top traders by real institutions. Do you think the people who hire and pay these top traders live in old ages and are thick and brainless and, could not instead buy a couple of Robots to bring down their costs. It all does not make sense. :sum:

     

    r326196 put forward a simple question and that was, "List down EA you have started live trading?"; To that to this date nobody has yet given a positve feedback!!! see the link below. :D

     

    http://www.indo-investasi.com/viewtopic.php?f=5&t=2271

     

     

    Regards. :peace:

×
×
  • Create New...