DislikedI feel i'm dominating your thread at the moment Ken, please PM me to tell me to ease off it's it's getting on your wick...pun intended!
Sorry if it is but I get bored between trades and at the moment, this is the one place I feel that my thought's or questions actually have any relevance to anyone (nobody is reading the EO hater thread now).
I've noticed that seeing how EO traded/trades, if price was trading under the 10 ema, he (counter trend trading), he would would use the 10 ema as a profit target if he felt it was just a retrace he was...Ignored
I think one of the most important aspects opf EO's trading that you won't figure into his trading madness, unless you pay attention real close ,
Is the fact he was trading 6 to 8 lots most of the thread with a equity of around 600k , This can make a lot of difference in how you trade and your R:R,
One reason it seems he was risking a lot , but in reality he was risking very little. Also why he would let them run , That is one of the underlying truths of trading . The less you risk more you will gain , as you won't be trying to grab every litle gain to protrect it.
But even with a small % risk he still made 20% a week on average. Not bad for a part time trader. LOL he was always running his comany while trading ..
Hope everyone got a few pips today .. Made afew myslef nothing stellar. though..
Trade Simple Ken
Good Trading To All ; Ken Lee