...or are you trading for a 50pip or so TP?
I know many expect the USDCAD to go up after the long running down trend now...
4% A Day Forever 1,432 replies
an EA that worked forever 29 replies
Forever Demo Account 9 replies
DislikedI hear you mate!
New Trade Opened - EUR/CAD @ 1.5879 (SL 1.5825, TP 1.5940). Move SL with 1hr kumo base, account equity in trade 0.5%
1938GMT.
Cheers, 4xIgnored
DislikedHi vic
At what point are you closing half of your trade size?
I think that is what you are doing anyway and leaving the rest to run?Ignored
DislikedNo at the moment i don't close half, i leave the whole position to move and keep my SL moving with spanB
so far this works greaaaaat
good luckIgnored
DislikedNo at the moment i don't close half, i leave the whole position to move and keep my SL moving with spanB
so far this works greaaaaat
good luckIgnored
DislikedVic is there any chance you could post entries for your trades when you get them, its just the best thing that helps me understand, because If I see something and then someone confirms a trade, It helps make sure I made the right decision
No problem if its too much trouble, you have already done a lot for us allIgnored
DislikedHi vic,
Wanted to say congrats on your account; very impressive. You are most assuredly right by placing importance on RR and MM.
However, the only thing that concerns me about your account is that you are trading a lot of the same currencies, and correlation may come to bite you in the rear. Especially when the weeks aren't as good as this one. Just a word of warning. May I suggest limiting yourself to 4-5 pairs?
Good luck,
KevinIgnored
DislikedHi Kevin,
I think the point that you raise regarding Vic's trading method is a very valid consideration for all traders, especially new guys reading this thread.
Vic's method involves trading every signal that arises though given the longer TF he is using so it is more an issue of trade expectancy in this case. He will see his best and most accurate results from using this method by taking every signal that it produces.
This will provide the most accurate feedback on how successful this R:R and MM system will prove to be.
I'm looking forward...Ignored