what should be the target for a good trader??

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  • #1576 Collapse

    yet the important thing is not what I do rather what you do yourself - developing your own trading style should be your primary priority
       
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    • #1577 Collapse

      To me that says the JPY pairs will rollover five times today whilst all other pairs would rollover 4 times?? Is that correct, and how does that even work
         
      • #1578 Collapse

        The target of a good trader depend on the kind of trader that he or she is, for a scalper the target is different from that a day trader while the target of a day trader is far different from that of a long term trader so it is hard to say the particular target of a trader. it all depend on that trader
         
        • #1579 Collapse

          There will be zero rollover for all pairs tomorrow Isn't that normal, and therefore not in need of pointing out?
             
          • #1580 Collapse

            In your presentation today you said you had no problem with a pair not correcting if it is in an uptrend. I don't get this...I thought the time we buy is when we get a correction- or not at all?
               
            • #1581 Collapse

              Yes it makes sense not to add to much risk positions to a portfolio - below is the correlation between markets and as we can see its very high now
                 
              • #1582 Collapse

                I might add a bit more risk to some other market as gold as the correlation is not perfect but then I will only add if the position moves the way I like and also when I can reduce the risk for the SP500 position
                   
                • #1583 Collapse

                  I can also add other non correlated assets as currency crosses but with a full time job and also a personal life with family and friends I rather just keep the SP500 instead of overtrading
                     
                  • #1584 Collapse

                    any trader that feels that they can stand the heat should definitively consider to trade other assets that are non correlated as this equals more opportunities
                       
                    • #1585 Collapse

                      You have understood everything right - 5 times roll over on JPY pairs and 4 time for the rest. I don't know why they have written that there is no rollover on the 23th
                         
                      • #1586 Collapse

                        In regards to which market did I say this? was it the FTSE100?? I don't remember but yes - sometimes you buy on a breakout or very shallow correction
                           
                        • #1587 Collapse

                          But on silver, there isn't any defined level, unless you look at the lower timeframes. I guess where I'm coming from is when we need to wait for 50 or 62 % retracement, and when it's ok not to. 'Just because the trend seems strong' seems subjective and I want to limit subjectivity as much as possible
                             
                          • #1588 Collapse

                            Good questions brother. acha trader banay kay liay aap aap ko douno cheezo kar kana bhot hee zorrori nai kunkay kay achi learning aap achi earning bana mein madad day gi.
                            • #1589 Collapse

                              acha trader target krta ha kamyabi ko or os ka liya os ko achi mhnt ki or sabr ki zarort hoti ha or acha time pr investment ke zarort hoti ha jiss sa wo achi earning kr skta ha
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                              • #1590 Collapse

                                This same dilemna comes up with gold: I was thinking a retest of resistance at 1738 would be a good place to go long
                                   

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