In my experience I found that trading with no stop loss is a bad idea. I usually target for 3 to 1 win loss ratio, and risking a reduction maximum of 1% of my total capital.
If you are...
Type: Posts; : sandra1197
In my experience I found that trading with no stop loss is a bad idea. I usually target for 3 to 1 win loss ratio, and risking a reduction maximum of 1% of my total capital.
If you are...
Well thank you for your fantastic work. Please do not take this the wrong way but in my personal opinion the idea is great however the methodology is really on the side that is wrong.
Adding...
Hey men,
I notice that lots of people are still asking for assistance with this thread. Being a new trader as well (been in it for about 4 months orso) found excellent use in reading trading...
Hey mate,
in relation to your question, have a look at this website. It takes you when starting out in forex.
...
Who said? In the event you browse price action properly, you'll have the ability to select banking amounts to the stage for a reversal, or Supply Demand, or Orderblocks.
Good martingale. Cautiously together with him. Good fortune
https://www.cliqforex.com/attachments/1519052059293391355.ex4
Classic behavioral pattern took precedence today causing an unnecessary setback
Took a revenge market trade on the GBPJPY, was overcome with missed market chances I reacted negatively
...
EURCAD upgrade
Again I have stopped out via S.L [it was too tight]
Slept of and missed the train now, recall pips always return, don't beat yourself over missed pips.
...
For record keeping.
Creating Theory
My foundation theory of price movement is that it seeks'whole' amounts, all these are my support and resistance levels, if price breaks a whole number,...
Its hard keeping a Journal.
Previous trade took a loss, as usually occurs, it went as observed - south. Problem is your Risk of being incorrect out-weighed the rewards.
Result: A...
Another lesson for me in commerce
GBPNZD: SELL (5min)
Reasons for commerce:
-Expectation, sell bias
-setup on 5min instead of 15min chart as standard
Trade management fail. Had...
To Note: When the market is not behaving as expected, stay on the sidelines.
Problem: Economy bias needs to be exorcised from my sub-conscious.
GBPNZD: Sell
Rationale for trade:...
GBPCAD: SELL
Reasons for commerce:
-Below 96EMA
-PBF under 0
-Price rejected upper whole number level multiple occasions
Reasons not to take commerce:
-Pre london session
-News...
USDCAD: SELL
This transaction is against all my principles:
Reason for taking it: Price is in the time high area, tested 4 times as its against principles S.L is the tightest.
EURAUD: SELL...
Finally we're speaking
Risk: Amount that you are willing to loose per commerce, say I'm willing to loose 5% of equity/trade and also my weekly goal is 15 percent of equity (using the popular...
Heh, X pips/week mindset: if Livermore and Linda did not do it my way, which has nothing to do with it being illogical, I am neither one of them, now that is my target, that is what defines when I...
o trading professional Atokys your foolish announcement retains no water, you want to criticize nice, be constructive about it, I don't have enough time for this kind of conversation, the only...
Trade 1: no S.L, or T.P yet, nurse trade for a couple hours, tentative S.L 7pips above 96 band
Reasons for trade: Divergence in earning, tug straight back from yesterdays fall, 96 band...
Two bad transactions, first one was a lack of discipline, instant trade was just bad luck. I must take my profits instead of letting them run out
Position's shut. Adequate profit. Now for the difficult part. . .waiting
Within a year gone, no successhttps://www.cliqforex.com/attachments/1528704203.jpgFX is an average monster. I'm back.
Current balance $300
System Strategy sound, MM fine, Discipline - Hugely...
Entered my 1st Trade some time before, market from the Arrow signal, fingers crossed. The stop-loss is just a Fail.Safe, I would rather manually handle the transactions
...
WOAH 25K!! Thats so from my league, how about just a little patience we could both afford that, not to worry you are able to evaporate, I'd buzz you when the cash is heavy.
Ahahahahaha.
Ok I admit its embarrassing, I would do something about it soon.
Attached is my opening equilibrium, Broker gave me a 30% bonus.
I forgot to say that the 96,5,8 stoch which I use as a discretionary tool.
Also I won't be using the Trade Explorer as...