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Dear Pipsters,
I have now been trading full time for just over 12 months. I have completed a review of my performance over that time and have concluded that while I am making pips, I am not making enough pips. My average monthly income is less than 25% of my former income so Mrs Rock and I have therefore agreed that I shall retire from the arena and once more join the corporate boardroom.
This early retirement is something I hope is short lived. With pressures for income and high expenditure I have to be realistic and honest with myself. This has been a great community and I have enjoyed myself enormously. Thanks for all of your help Dan, Zak and James.
I'll poke my nose in now and again, and shall continue to trade a longer term book, but this will be more for beer money than paying the mortgage.
All the best pipsters and thank you for allowing me to share my successes and my failures. Good luck to you all.
Retiring Rockdrive
Really sorry to see you going Rockdrive. I hope it wasn't the name calling (i.e. Pipdrive)
We shall await your return and try catch some pips in your name!!
Ignoring the fact that the trade lost, what made it a bad trade? Analysing past mistakes will help us all become better traders!
Thanks,
Mauzj.
Good setup, bad traded.. Of course this is a good exp. I am glad that I can see the setup but I have to make a timing exam and a lot of patience exams..
I just got my a s s kicked for - 350 pips using the "clean" screen today . Guess I should have just STICK to what WORKS for ME at MY own PACE. It is my money after all...
Hope everyone else is doing better to start the week.
I just got my a s s kicked for - 350 pips using the "clean" screen today . Guess I should have just STICK to what WORKS for ME at MY own PACE. It is my money after all...
Hope everyone else is doing better to start the week.
Salat
Must be me who got your pips with the pimp set up Salat !
over 400 pips 6 trades no losers!
Dear Pipsters,
I have now been trading full time for just over 12 months. I have completed a review of my performance over that time and have concluded that while I am making pips, I am not making enough pips. My average monthly income is less than 25% of my former income so Mrs Rock and I have therefore agreed that I shall retire from the arena and once more join the corporate boardroom.
This early retirement is something I hope is short lived. With pressures for income and high expenditure I have to be realistic and honest with myself. This has been a great community and I have enjoyed myself enormously. Thanks for all of your help Dan, Zak and James.
I'll poke my nose in now and again, and shall continue to trade a longer term book, but this will be more for beer money than paying the mortgage.
All the best pipsters and thank you for allowing me to share my successes and my failures. Good luck to you all.
Retiring Rockdrive
Oh Rockie
I'm so, so sorry to hear that, I can't quite believe it. We both found Dan and Zak at the same time and had such great laughs in the old live room and on the threads when we were learning along with Rocwell, Bloom, Gooner et al. You went on to do so well, far out-smarting us blonde bimbo's, and always keeping me on my toes and in my place.
I've always loved all your posts - win or lose you have always been such an inspiration and steady hand and made me laugh at myself through all the trials and tribulations.
I hope you can survive back in the land of grey suits (or maybe wetsuits). It drives me completely nuts, trading is my love, my passion and the day I do it full time (even if it means eating beans on toast for months) will not come a day too soon.
So I wish you all the very best Sir Rock. You truly are a legend in every sense of the word and you will be sorely missed. There will always be a little piece missing from the day from now on, like putting your shoes on the wrong foot. I feel like I've lost my "sole" mate.
Best wishes Rock, bon chance and if it's ok I will keep in touch by email.
RS
xx
PS I was two undressed to think clearly earlier but, if you wont a very good partytiem seccyterry I am very doog at speling and tie pin, um thaiping and filing (my nails) and lots other things too so just let me no. But iym not cheap.
PPS Oh Rock - I've got the Boredroom blues for you already.
May I echo all the previous posts. Rock you will be missed.
I truely hope you will keep in touch and with the pressure off, sudddenly find you are making so many pips with no pressure to pay the mortgage, that your return to the corporate world is only brief
Thanks for everything within all your posts
take care
Paul
Last edited by PaulKing; 02-03-2009 at 05:50 AM.
Reason: duplication
Shouldn't that be spelt "Lucky". You could safely ignore the commodities at the moment for correlation. Dow Jones took over the CEO position for a while towards the end of last year. But, has since eased off.
Just trade what you see.
Actually, I have convinced myself that Dow is leading the way again. For EUR/USD at least.
Now, I am thinking that is too many. Although split into 4 groups I just cannot process all the info to trade them properly.
So, my question, to the extreme is; Is it possible to make a living trading just 1 pair, and if so is there one that is technically better to trade than the others?
With 3 teachers in the room they can all focuss on different pairs. Dan with the majors, Zac with the Yens and CHF's, James with the indices. But as a home trader can you really cover them all?
. Guess I should have just STICK to what WORKS for ME at MY own PACE. It is my money after all... 
408 today !
Bye Rock, love ya - miss ya already
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