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Risk Manager Program - The easiest money management strategy 6 replies
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DislikedWell. Blew up my account today Not from this system but from my ever tinkering around. GBP/USD has been just nuts at the NY open. I am going to refund my account and use this strategy on another, less volatile pair. Let's see if I can actually stick to this system Fckn boredom and the desire to make systems "better" always seems to get the best of me.Ignored
DislikedWell. Blew up my account today Not from this system but from my ever tinkering around. GBP/USD has been just nuts at the NY open. I am going to refund my account and use this strategy on another, less volatile pair. Let's see if I can actually stick to this system Fckn boredom and the desire to make systems "better" always seems to get the best of me.Ignored
DislikedBeen MIA for a few days - don't ask Here is today's trade with this system I missed the first two profitable trades after the NY open. This trade, thus far, went to 95 pips. I grabbed 20 {image}Ignored
Disliked{quote} Stick with it mate and stay solid on your rules. If you are sick of seeing your missed profits try setting your TP to twice what you would normally and changing it to a trailing stop once it hits your 1st TP. Or even close half your trade when you get there and move the SL to break even. Trading is all about the edge and a mechanical edge is only 1 edge you can use. Money Management and Historical Stats can both extrapolate your edge to be something very meaningful.Ignored