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nit2wynit

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Posts posted by nit2wynit

  1. 2 minutes ago, Caseynotes said:

    your original stop level was in a reasonable place in relation to the trade idea and hasn't been hit as yet, so lessons from this one trade so far are;

    but my Stop changed to 10-points when I moved the slider and couldn't put it back.  I didn't know that could happen.  I knew i'd end up chasing the Stop if it kept going up to previous High.

    Smarter move was to get out.

  2. Well, I got it wrong.  what would normally happen now is I'd let it Fail, then assume it's going the other way, for it to be Fake then drop lol.  Then I'd end up chasing it............

    Maybe I'll leave this one and walk away.  I think I'll wait to see if there is a big drop and find a way to go Long instead.


    i know you're not supposed to move your stops, but would it be wise to move up up to 709?  This is a £10 Stop for me.  10points.  Let it Fail or Add?  Just advice.  I won't shoot you if you're wrong lol

     

    1318813175_DBfail.thumb.jpg.48d3b5a0eb10710c9f6ba8a72caccdbe.jpg

  3. 6 minutes ago, Foxy said:

    @nit2wynit

    Just a different prospective. 👿 

    DBK-1-hour.png

    Yes it was always possible.  The recent News suggests a big shakeup.  Could provide enough to drive it back up.

    Seems it's going now.  There's my £6 quid gone.. Pooof


    I think for me with DB is I had no faith in a recovery.  Looking at the Weekly, it's the lowest it's ever been; relatively.

    Since the big drop last week I figured it was numbered.  I expected it to drop back to 580.  

    I seem obsessed with Drops :O

    Maybe it can turn around.

  4. Is this proof why I keep failing?  Am I getting in too early before a clear direction is proven?
    Regardless of the direction on this one, it was necessary to prove what I keep doing wrong.  Guessing instead of following.  This will be the last time I enter a trade until the direction is clear.  possibly another £6 lesson.

    129159087_ProofofFail.thumb.jpg.20d14908f4421c56651b1d02d54cbf46.jpg

  5. 6 minutes ago, Caseynotes said:

    There was a strong bullish open with a test and acceptance of support at 682 so need to be a bit cautious shorting, the H1 chart looks to be the give away one with the last candle (10am) an inside pause, the next candle could be either a continuation up candle or a reversal candle. A close of this 11 am candle below the 9am candle would seem to signal the reversal scenario was in play.

    Thanks.  and as a trade, where would the Buy'Sell position be?  Or am i doing it wrong again by anticipating the direction?  Am i too early?  I thought myself it could go either way, but what signals are there if any?

    Recent news being Top Millionaire Bankers are being brought in to crate a Super Team.

    What Time frame should I be considering when looking to Place?

  6. What I'm asking is, is there anything obvious in this that i'm not aware of, that i should be considering?

    I know it's a slow mover and with only £1ppp it's not going to make me smile after 4hrs.

    I'm just going over my own ideas to see where i might be going wrong.  

  7. 8 minutes ago, Caseynotes said:

    that's fine, the saying is borrowed from differentiating between smart and wise.

    It certainly is.  Knowledge is knowing, Wisdom is knowing what to do with knowledge. 

     

    OK, pissi  ng contest over.  Di..cks well and truly shown.

    I have an education to acquire pronto.  I have every day for this.  My success is a few pages away.

    Here's hoping that's true.

    My greatest learn is not about Instruments, Indicators etc. but how I perceive the market and my approach to it.

    It's clear to me now that with only 1k I can only really achieve £2.50 or £5 in small amounts.
     

    I'm not trying to make back my losses, they were a lesson.  I just want to grow from £953.

     

    Peace

    • Like 2
  8. 5 minutes ago, Caseynotes said:

    yes, the intelligent man knows that a tomato is a fruit but the knowledgeable man knows not to put one in a fruit salad.

    I feel bad saying this now. Knowledge is knowing a Tom is a Fruit.  Intelligence is not putting it in a Fruit Salad.

    Intelligence is the ability to think to analyse, to digest.

    Knowledge is learning.  Learning that a Tom is a Fruit, for instance.

    You can be highly intelligent but know nothing.  But you can now everything yet fail to be intelligent.

    But i get your point. :D

  9. 3 minutes ago, Caseynotes said:

    you need to drop the personality and be a machine, a number, because the market just does not care about you.

    Agreed.  The Ego is left at the door.  Just try not to be such a **** about it ey!  We're not the Market.  We're people. :D

    I've started watching the YT vids you suggested.  I'm 3 in.  Nothing i don't know, but everything i don't apply.

  10. 6 minutes ago, Caseynotes said:

    I am happy to try to help anyone, most though just want confirmation of naive and inexperienced concepts of what they think trading should be rather than what it actually is.

    This isn't me. I don't have a concept.  is it going up or down 10 points?  I can take 5 going either way.  That's my Plan.

    I'm highly intelligent.  But intelligence has little to do with knowledge.

    I've told you my errors.  Pre-emptive Breakouts.  Consolidation.  Small Stops. Reversals.  Betting against the Trend.

    I know time and time again what i do wrong, even as i do it.  My problem isn't what i don't know, it's about what i do.

    I can read a chart.  I know what candles are.  I know Support Resistance.  I know about Stop Losses and PL ratios.  I know Spread and Bid Mid and Ask.

    I'm not at fault because of what I don't know, but what I do.

    Let's start again.  You can be my Best Man if i ever get married :D

     

  11. 4 minutes ago, Caseynotes said:

    you fail to acknowledge the time i have spent on you, going over problems on the platform, working out what is and what isn't, for you, I don't even trade on the blimmin thing.



    I have said it before and will say it again; i thnak you for your effort and patience with me.  This is not the first time I have acknowledged you.   You haven't actually given any answers Casey that relate to ME, the Person, The Ego.

    It's not that easy.  I'm not a number, I have a personality, a character.  This is the fundamental curiosity before we even get to a chart.

  12. 3 minutes ago, Caseynotes said:

    I'm here because I've seen this rotation a hundred times, 80% of new traders don't last 9 months, it's like being in the bloo dy matrix.

    Do you still want to help me?

    everything I post is pregnant with thought

  13. @Caseynotes  Stay with me pal.  :D

    I do appreciate it.  we're not robots bud.  It takes time, erros, questions, understanding.  It's not something you learn in a paragraph.  try not be be so angry and frustrated.

    Stupidity is expecting a change because of words, not learning.  You think i'm stupid?  Wow.  I learn by doing, by failing.  Cost me 20k for U~ni degree, learned Eff All.

    Cost me so far 1k about trading in 4 months.  I think that's a Good deal!

  14. 16 minutes ago, Caseynotes said:

    I am not insulting people, I am just telling them not to be so bloo dy stupid, this is a tough game and the ne're do wells won't make it.

    You are insulting.  You're certainly not supportive.

    I still thank you for your input.

    As for being Polite and BS.....well.

    You said it pal.

     

    You can either Help or be Insulting.  If you do both, it's kind of redundant.

     

    Psycho babble?  Basic Human decency.  Manners.  Social decorum.  Delivery, Politeness.

    Why are you here Casey?   To Educate, to to regurgitate?

     

    Am I the pupil or the teacher?

    i'm here to find answers, yet you seem to have them all, so why are you here?

    As for account dying....I've lost more money on Wine, Drugs and corrupt biz partners.  1k.....christ it's pennies.

     

  15. I'm going to guess you are in your 30's.  You have trouble in social encounters and often feel alone.  You think the world is dumb and you are smarter than everyone around.  But you feel desperately isolated.  Maybe you are on the Autistic Spectrum?  I don't know.  I'm just guessing as you have about me and what I've revealed about my Learning Process.

    You might have a partner, but you don't feel appreciated.  **** life is sedated and often unfulfilling;; for them.  You are self involved but lacking spontaneity and generosity.  you feel like it's easier to belittle and prove your worth , that show support and humility.

    I'm guessing here.  

    Maybe if you stop insulting clients asking for guidance they' stop revealing who you really are.

    But i do wish you the best.

    If all that above seem Random, it's not.  Before i decided to learn about Trading, I was considering becoming a Psychologist.  6 years either way, I figured in time I could make more money this way.

    But everything I said above may be entirely wrong.; but how could I prove it anyway.

    I still thank you for your input Casey.

  16. 17 minutes ago, Caseynotes said:

    oh, so within a few hours I gone from needing to be more humble to suddenly being 'incredibly defensive and seeking acknowledgement', oh and arrogant.

    No, not within a few hours. I've told I've noticed this since I joined the forum.

    There's no doubting your input Casey.  Not at all, but your Bedside manner needs some work.

    You can't offend me, ever.  I don't take insults online by strangers personally, for that matter, to my face with people I know.  But it's obvious you're trying too hard to save face after you attempted to insult me cos you basically Got it Wrong.  Now you can't step back.

    I've encountered many many people like you in my life.  Like I say, No humility.  Yet here you are still asking for permission to be Right.

    You were wrong in your assumptions.  You are still wrong.

    What would you like to achieve here?  I'm happy to resolve any misunderstandings.

    Can I ask what you do in the real world and how old you are?  It might help me understand your Sarcasm better!

     

  17. 1 minute ago, Caseynotes said:

    Look at the time stamp, hardly enough time to read let alone think, as usual just rapid fire meaningless, pointless reply.

    You are incredibly defensive and seeking acknowledgement.  I've listened to you and thanked you the entire time.

    I'm often met with arrogance ignorance and sarcasm from you.

    You assume knowledge is the same as Learning.  It's not.


    You assume everything about me and know Nothing at all.  Your opinion is based upon text only.

    you assume most of your knowledge and it's simply opinion.

    I've been very open in what I've done and why I've done it.

    I don't need your validation to know this.

    I'm learning.  I'm happy with this.

     

    Thanks

     

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