QUOTE(qwertyuioped @ Dec 19 2013, 03:30 PM)
if you cannot monitor the chart all the time, trade using 4H. you need to check every 4 hours or so. no need to be glued infront of computer for hours.
i only use m5 and m15, tried other timeframe, but best for me is this 2, what im saying is i monitor chart 'all the time', but when i take a break, for example eat/bath/pray and something like that, well market likes to go wild when i'm not looking at chart, weird
i actually planning to hire coder to make ea based on my strategy next year, im tired of always miss my 'golden' trade, i felt so terrible everytime when i miss it
QUOTE(keroro0o0o @ Dec 19 2013, 03:41 PM)
Hmm, i hope i don't sound too harsh, but hindsight trading is always perfect. I mean, things are ALWAYS clear AFTER the fact. You may have this experience where you see the chart and thought "I KNEW IT WOULD REVERSE THERE!!" after you see the move. Just try pounding all these "I knew, I would have" into your brains, and just do it in real time. If you don't stop dwelling, and start doing it live, you will never ever get it.
Also, I suggest you start using limit orders (pending orders) if you're not always at the screen, also a suggestion of using H4 chart makes sense too. Just use smaller lots will do.
**Trading is no easy business, and that's why 95% fail. It's up to you to bliv, whether you're the 5%, or you'll feel better accepting the fact that there're plenty other 95%'ers that're together failing with you.
Good trading.
i actually really experience in trading, and i know what you're trying to say, but that's not my problem here. It's hard to explain in detail what my problem is, but to make it simple let say im using CCI indicator, using rules of buy above 20 and sell below 80. The problem comes here, when CCI showing signal above 20(thats mean buy), i sometimes enter the opposite direction(thats mean sell), and only realise it after i open the order
it sounds stupid right?but this stupid things keep happening to me, almost 2 years i still can't get rid of it