- lmoney replied Dec 11, 2019
Yes possible. If you can stomach large drawdowns and use very low leverage it can work overtime.
- lmoney replied Jul 23, 2019
It can if done right. I've been doing something similar like the example you gave for a while.
- lmoney replied Jun 26, 2019
No. I've been building a couple of my accounts for a while and consolidated all of them into this one. So at this moment even if my drawdown got to about -$200,000 technically I still would be braking even. So i'm not worried unless it approaches ...
- lmoney replied Feb 27, 2019
You right i am paying for it at the moment but keep in mind I have been doing this for 3 years and have made well over 100K doing so. Just because its an unorthodox way of trading doesn't mean it can't work. Time will tell though.
- lmoney replied Feb 25, 2019
Keep up the good work bro.
- lmoney replied Sep 2, 2018
I changed it up a bit. The plan is not complex or anything itís just to do a monthly goal of about 5% while closing about 3 or so of my biggest losers. When I started this strategy I was pretty much prepared to be locked in for a few years so being ...
- lmoney replied May 23, 2018
Honestly never had any trouble with them for the 8 or so years I been using them. I agree though that their spreads are too wide at times which is annoying.
- lmoney replied Apr 13, 2017
I haven't used a hard SL in a while because I used to get killed with news events and unpredictable spikes. I have actually done a lot better since I stopped using it.
- lmoney replied Mar 22, 2017
Yes but it's awesome
- lmoney replied Nov 9, 2016
I fall into this group. I think the main key is money management and patience. Never ever over leverage yourself and cut losses that are not recoverable and you can be ok. So far so good hopefully I can keep it up.
- lmoney replied Sep 23, 2016
This is pretty much what I do except I target about 2 -5 pips. The downside it is a lot more screen time like pursuit_21 said but its working ok so far for me.
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