Disliked{quote} very simple trade with the trend, using 1,3, 5 attack ration and as once aging I quite you some time back " took profit at overbought/oversold areas market not move in a straight line" catch every wave. I do this too. yes VAR 1attack low value 3 attack medium value 5 attack high value at risk and at this time don't stay too long in market it is just bee sting and go away even one can think what happen just now. move finish the last one will be classic stroke of a trader of a chief. like the knife in a batter .Ignored
11235 is only minimal most stable mm.
111 is for beginners figure out why its inefficient.
the mo depends on the terrain traversing and state of book foreign cap.
as one becomes experienced, the strategic permutations can become very infinite.
If book is red or in bad shape, you force and you can land in very hard place.
you failed see the strategy. rigid.
regards
don't scale if you do not understand the effects of componding risk curve characteristics.
doubling up risk/martingaling is sure way to poor house.
The reason book is scaled is because we never know if we are correct.
If i know market is going up 100 pips. I just buy in full at 0 and sell at 100.
Thats most efficient. Isn't it. But if one is wrong, sorry lor , you stuck. green zero, House takes all.
I not gambler , sorry, not in markets.
Casino i can gamble.
Try understand cost management in mm.
Any way i never know if markets will be 100 up or down. i am never that clever.I wish i was.
BUT i live with my handicap.
But some people claims they KNOW break that line and it will be 100 up.
sometimes it works. When it no works, many these are in poor house.
I think gambling, no one need to teach, everyone knows.
They should say break that line , has 50% chance it may be 100 up, but even that i dare not concurs.
But i may scale and manage to try see if can be 100 up.
Some times i manage it and 50 up i already squared. with 200 in my pocket. sometimes only 20 in pocket.
So long as is not -50. I am happy.
Next adventure.
How I wish every day, we have 200 pips adventures.
Maybe thursdays?