Whether you can or you can't, you are both right.
Trend Manager Trading System 153 replies
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hksweeper's Trading Journal - Reaction Trend System 20 replies
Disliked2) Scaling out Scaling out means taking off a portion of your position or 'realizing profits'. Scaling out is very much dependent on your individual psychology. If you have nerves of titanium then you can choose to scale out 100% only when price tells you to exit. However if you're like the rest of us, then you could consider scaling out. Also scaling out helps smooth out your equity curve over time. You'd have some winners to replace your losers resulting in both cancelling out one another. And the only thing left are your monstrous wins. So how...Ignored
Disliked{quote} thanks for the analysis Fartist! It has be a coplicated week, after 4 weeks in a row with profits (around 10% per week), I lost 13%, being stopped out on six out of six trades :S Cant wait till the forex opens so I can change my bad trend!Ignored
DislikedHi there Rayner! Thanks a lot for starting this thread, and also for your youtube channel, I love your stuff and have been learning a lot from you. I've got some (maybe kinda dumb) questions regarding the instruments you trade. I saw the excel file that you shared with us and have been seting up my oanda MT4 marketwatch menu with those symbols, but I cant seem to find these ones: ES, STOX, ASX 200, STI. Regarding the SWISS, the EURO 10 YR and the DAX, I think I found them but I'm not sure... Is the SWISS symbol name "CH20CHF"? Is the EURO 10 YR...Ignored
DislikedHi Folks, I spotted this set up on S&P500 which might interest you. Trending North and looks to be just finishing up a deep pullback. Happy trading! Bullbear {image} {image}Ignored