Hello everyone,
I try not to look at forums much because the negativity can be overwhelming, but this thread is the perfect example of how good forums can be. It is obvious many of the contributors are real traders and the discussion between you is very constructive. D1 is a rare beast, gives entries in real time for all to see and his discipline is an example to any wannabe trader. The fact that there is no real talk of what system to trade is what makes this thread so worthwhile and probably keeps all the holy grail seekers from polluting it.
D1, one question, intraday you always use the parameters of SL10, TP30 on the DAX, going to BE @ +10. Do you ever lock in any profit if the trade goes +25 for example or do you always let it run to TP or SL? Psychologically I like to lock in a bit of profit because I still hate seeing trades come back to BE after being in good profit, however in the long run I have my doubts this is the right thing to do (although I have no stats to confirm this). I guess mentally I'm not quite a rock yet
Anyway, I will keep reading this thread, it's a gem.
Simon
I try not to look at forums much because the negativity can be overwhelming, but this thread is the perfect example of how good forums can be. It is obvious many of the contributors are real traders and the discussion between you is very constructive. D1 is a rare beast, gives entries in real time for all to see and his discipline is an example to any wannabe trader. The fact that there is no real talk of what system to trade is what makes this thread so worthwhile and probably keeps all the holy grail seekers from polluting it.
D1, one question, intraday you always use the parameters of SL10, TP30 on the DAX, going to BE @ +10. Do you ever lock in any profit if the trade goes +25 for example or do you always let it run to TP or SL? Psychologically I like to lock in a bit of profit because I still hate seeing trades come back to BE after being in good profit, however in the long run I have my doubts this is the right thing to do (although I have no stats to confirm this). I guess mentally I'm not quite a rock yet
Anyway, I will keep reading this thread, it's a gem.
Simon