First trade was lucky, then it took some time to get a price direction on the chart. This is precisely the moment I look for. But the trades inside the unbroken rectangle can be painful.
I love IB platform too, but could you please explain why you could not trade this way without Booktrader? The only think I hate about Currenex is that I cannot enter at market and have an auto stop loss set. What do you like about booktrader?
because i almost always enter trades with limit orders which i put instantly with 1 click on BT. Stop is putted also with 1 click on this price ladder.
We got to make sure we don’t trade just on luck or that type of mindset, we must go on to do trading with confident and certain method, it will be seriously risky for anyone to trade with uncertain trend. I always follow the trend and thanks to OctaFX broker, I find it easier with their amazing daily market news and analysis service, it’s ever easy to follow yet highly effective as well, so that’s why I am able to work out nicely.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
5 comments:
Hi Costantino, still using IB? or currenex?
still in love with IB! I could not trade this way whithout BookTrader!
I love IB platform too, but could you please explain why you could not trade this way without Booktrader?
The only think I hate about Currenex is that I cannot enter at market and have an auto stop loss set.
What do you like about booktrader?
because i almost always enter trades with limit orders which i put instantly with 1 click on BT. Stop is putted also with 1 click on this price ladder.
We got to make sure we don’t trade just on luck or that type of mindset, we must go on to do trading with confident and certain method, it will be seriously risky for anyone to trade with uncertain trend. I always follow the trend and thanks to OctaFX broker, I find it easier with their amazing daily market news and analysis service, it’s ever easy to follow yet highly effective as well, so that’s why I am able to work out nicely.
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