DislikedMakes complete sense to me. Weekly may apply in certain cases too. Sl of 150 to make what? I know a group of people who thinks risking SL of 500 or 1500 pips to make +20pips is the right way to trade the market. And if you dont, you are a complete idiot. And if the market keeps going against you, just keep adding, and adding...one day, the whole thing will average out to B.E. or positive trade. I was with these people right before i came here....there was...shall we say....irreconcilable differences, as such, we have to part ways.Ignored
some have deeper pockets, I guess... and so we all have our own experiences...
My pre-this-thread-coach & community insisted (and still attempts) scalp trades, risking 30 to try and gain 10... Anything higher than 5min was not a good idea...
R:R was a foreign concept, MM alien and confluence mystic - blaming all and sundry for losses, never looking at probability. I just could not get it - as you say I.D. and "cheers vi eers" (till later, never to return)