DislikedAfter haveing such success, do not fall into the trap of thinking this is a game to win. That much money in your account makes this no game. Set your stop loss orders when you open a trade. Set your take profit orders when you open a trade. Be VERY convinced when you open your trade, even for 5 pips profit. If the market is not moving(consolidation), shut off your computer. I also would not let many around you know how you are making your money. Food for thought, be blessed coolkaps4u.Ignored
I don't open trade without stop loss, my stop loss is 30 pips But I may close trade if doesn't mature for 10 pip loss or 20 pips atmost if not in my direction.
I don't trade if market not moving OR sometimes I don't trade full day if i don't see any trade, normally I see 10 pips in a pair,
Well as I don't have any strategy to share except so many things I monitor in a day , if anyone is ready to put so much effort for 10 pips, He can earn and no dependency
1) News, News,News from so many sources twitter, follow politics in many countries election time etc and impact on market
2) Articles on reuters,bloomberg and zerphedge to understand if a move happen why it happend
3) Long to short ratio OR SSI on different pairs
4) Where are most stop losses which market will try to take
5) Try to take trade at key only .. like 1.3020 to 1.3000 or 1.0480 to 1.0500
One trade like this is not difficult to fins
6) Follow SPX to see EUR/USD.. strangely, this is off track last week, hope this will come back.
Sometimes I end day in loss, I I don't try to recover