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This trading round the clock has me very tired today. I sat up late watching currencies and drinking beer last night, taking on 30 cent risks in USD to make 40 cents or more. Just for the mental practice. But feeling slow this morning...
If you see me on Skype, feel free to text. I will call you back if a "good" trade sets up, if that happens during the correct hours. Yesterday I did wind up staying on a call all the way into the close, but that was not really the intent.
Trading requires you to find what works for you, and deciding if I fit your criteria is the main purpose of the call. I have developed my approach, from my experiences to get here. You may realize quickly I am not soliciting business, I am just letting you see who I am, and what I do. Full disclosure
Can you help answer these questions from other members on NexusFi?
Gary can you post some simple entry, stop & exit charts when you have time? Since followers have a basic idea of your method, I don't mean a full spread of charts & explanation, just s simple visual of the trades you talk about. Thanks
Around C period I was talking with someone here, and we determined the market was going rotational. I stopped the trend approach, scalped the blow of the top, and quit for the day.
A visual guide to day types is attached, split and unsplit to show the various rotational patterns. The first 3 periods are colored green/yellow/red, like a stop light, to learn to get a fast read on the day. None of this is exact.
I just added you on Skype. Will watch for you over the next several days/weeks.
I am a CL trader, almost exclusively. You can trade what you want, and a lot of things are similar no matter the market, but to get the most specific trade advice, it is CL only. I am starting to move into micro currencies on forex, but still in test mode there.
I do not advise starting with very much money. That is my personal opinion. Small account balances can be a negative psychologically, but they enforce a greater appreciation of risk. And, keep the majority of your money off the table.
I also believe you should double a simulated account before going live.