DislikedThis sharing may make me sound abit stupid and silly but here goes....
I'm in eur/usd long. My attack sequence is 1,3,3.
After sending in the soldiers, price went against me. So I had to send my rescue tropps in to save them.
Before today, I always thought that I was supposed to, for example, send 7 troops to save all 7.
It didn't sound plausible at all to me. How can I send 7 to send all 7? Ratio is 1:1. And I will have to wait for price to retrace quite abit before I can even think of getting out at BE. Moreover, I wouldn't have enough...Ignored
what you do and what size you use depends on market activity, time of day, energy, news calendar, foreign capital and other factors.
I believe you should read or re-read this thread before you kill your account.
Try to step away from the numbers for a second, 1,1,2 1,2,3 1,4,4 it doesn't really matter, because sh1t will hit the fan and you will have to be ready for it.
I am not making much sense right now, just didn't want your post to go unnoticed and assumed to be right.
PS - I don't know why I am so negative, lol. Made good pips on eur/usd gap fill.