Long(er) Term Trades
Life Trading
LTTs are trading decision based at Daily, Weekly, Monthly, maybe triggered at H4, H1, M30, M15, M5. It should be make a profit of 50-1000 pips. You've to take into the Account that the market price could easily run over 500 pips in the counterpart direction. So LOM, Risk- & MoneyManagement should be adapted. Trades were executed on a 2'350.-$ Real Account with Lotsizes in a Range of 0.01-0.5 usually.
FXcube
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Real Account:
Beginning Date 2012 April 04, Deposits: 2'350.94$
Actual: 2012 Mai 28, Equity: 2'894.71$, Profit: +533.11$, (+22.5%, Basis: '361.60$), see p.2, #22;
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Label:
LOM = Loss Order Management (see more #35)
PO = Pending Order
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Forex Trader's Glossary
http://www.efxnow.com/glossary/commentary.html
http://www.investopedia.com/categori...#axzz1vaNIhm69 (Technical Analysis Term)
Financial Acronyms
Life Trading
LTTs are trading decision based at Daily, Weekly, Monthly, maybe triggered at H4, H1, M30, M15, M5. It should be make a profit of 50-1000 pips. You've to take into the Account that the market price could easily run over 500 pips in the counterpart direction. So LOM, Risk- & MoneyManagement should be adapted. Trades were executed on a 2'350.-$ Real Account with Lotsizes in a Range of 0.01-0.5 usually.
FXcube
___
Real Account:
Beginning Date 2012 April 04, Deposits: 2'350.94$
Actual: 2012 Mai 28, Equity: 2'894.71$, Profit: +533.11$, (+22.5%, Basis: '361.60$), see p.2, #22;
___
Label:
LOM = Loss Order Management (see more #35)
PO = Pending Order
__
Forex Trader's Glossary
http://www.efxnow.com/glossary/commentary.html
http://www.investopedia.com/categori...#axzz1vaNIhm69 (Technical Analysis Term)
Financial Acronyms