Comments on: Welcome Home (Sanitarium) http://www.forexspirit.com/2009/12/09/welcome-home-sanitarium/ Colin McGinley's journey of forex trading by a thousand cuts Tue, 24 Jan 2012 06:42:32 +0000 hourly 1 http://wordpress.org/?v= By: Goofguru http://www.forexspirit.com/2009/12/09/welcome-home-sanitarium/comment-page-1/#comment-1054 Goofguru Sat, 19 Dec 2009 17:33:41 +0000 http://www.forexspirit.com/?p=750#comment-1054 As you mentioned, there is indeed a lot of activity on 5m charts with MAX Trading. However, it is an equally powerful method on any time frame, although a bit tricky on 1m. The 5m is not my favorite with MAX, but many seem to love it. I would suggest that you take advantage of the free informational MAX Trading webinar coming up later this month. There is a sign-up form on the home page of the MAX Trading System website. As you mentioned, there is indeed a lot of activity on 5m charts with MAX Trading. However, it is an equally powerful method on any time frame, although a bit tricky on 1m. The 5m is not my favorite with MAX, but many seem to love it. I would suggest that you take advantage of the free informational MAX Trading webinar coming up later this month. There is a sign-up form on the home page of the MAX Trading System website.

]]> By: FX http://www.forexspirit.com/2009/12/09/welcome-home-sanitarium/comment-page-1/#comment-1053 FX Thu, 10 Dec 2009 10:24:49 +0000 http://www.forexspirit.com/?p=750#comment-1053 I like your word reinvigorated, I can say that I was reinvigorated few months ago also by scalping of blogger The forexbird. You can find him on my blogroll. I like your word reinvigorated, I can say that I was reinvigorated few months ago also by scalping of blogger The forexbird. You can find him on my blogroll.

]]> By: Colin McGinley http://www.forexspirit.com/2009/12/09/welcome-home-sanitarium/comment-page-1/#comment-1052 Colin McGinley Wed, 09 Dec 2009 21:40:23 +0000 http://www.forexspirit.com/?p=750#comment-1052 It's not something I consider myself to be great at yet, but I am consciously working on cutting the losses small. I have to constantly fight the urge to average down which is what I have frequently used on the higher time frames. It's even something that PIP-SIPHON uses on occasion it seems. I just know that if I go down that road I won't be able to make a clean break between pure scalping and my longer term style. My primary focus is on <a href="http://www.forexspirit.com/2008/04/19/tekhnika/" rel="nofollow">technique</a>. It’s not something I consider myself to be great at yet, but I am consciously working on cutting the losses small. I have to constantly fight the urge to average down which is what I have frequently used on the higher time frames. It’s even something that PIP-SIPHON uses on occasion it seems. I just know that if I go down that road I won’t be able to make a clean break between pure scalping and my longer term style.

My primary focus is on technique.

]]> By: FX http://www.forexspirit.com/2009/12/09/welcome-home-sanitarium/comment-page-1/#comment-1051 FX Wed, 09 Dec 2009 21:14:18 +0000 http://www.forexspirit.com/?p=750#comment-1051 Looking at your chart and trades I must say I envy you a little because you get out when you are wrong. You admit it, cut it and then look for next trade. I sometimes do that, but sometimes I don't and it's costly over time. I really like scalping small time frames and screen times helps to show very easy trades. Discipline is much harder then finding good scalps. Looking at your chart and trades I must say I envy you a little because you get out when you are wrong. You admit it, cut it and then look for next trade. I sometimes do that, but sometimes I don’t and it’s costly over time. I really like scalping small time frames and screen times helps to show very easy trades. Discipline is much harder then finding good scalps.

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