PVSRA
PVSRA+TLs M5-H1 Forward Test All Time Return:
36.1%
DAX, Nikkei 225 and Dow Jones only 11 replies
CFD DAX & DOW and more 17 replies
Carpe Diem: Nikkei 225 14 replies
finding good trades with Nasdaq, dow, spx, and dax 43 replies
Disliked{quote} I am glad I got some profits from last week left edit: yup, time to have a break sooner than heartattack.Ignored
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Dislikedwill buy dax etf @11.825 again if we go there, tp +200. afk now for a while.Ignored
Disliked{quote} Well, I have totally burned profits from last week coz am idiot, so quite a proof it was luck. Still some pennies left - actually those pennies were my first target :/. Yy, overconfidence is a killer.Ignored
Disliked{quote} sorry to read that. you might find this hint helpful: reduce your risk. if you can burn one weeks profit in a few hours, this shows bad money management. lets say your sl equals 1% of your trading capital and your tp 3%. combine this with a maximum daily loss rule of 5%. the runup wont be such high as in your last week, but you would have still most of your profits. everyone has bad trades and losing days. the trick is to stay constantly in profit over time although. time for shopping and cooking...Ignored
Disliked{quote} My explanation is that if the price is going to fall, or has already fallen prior to the open, then the big boys want to bring it back to a level, usually a moving average/fib level on a small TF which can be a small as 10 seconds, where the risk for entry is minimised. The tendency recently has been for a long move at the open, even if the main move of the morning is down. It's tricky to catch though, and has to be done on small time frames, 1m or less.Ignored