Scalping & Swinging

Runlevel
2014 January 24: 106'500.-$ + 59'400.-$ = 165'900.-$

LOM - 1 Step
Loss Order Management
Fragmentation

When you go in the market with 1 Lot so cut this 1 Lot into pieces, say 10 x 0.1 Lot Sizes.
When you trade normally 0.1 Lot so reduce to small pieces 10 x 0.01 Lot.

To do so has several benefits.
(A) You could go in with one (or several) 1/10 order(s) more and moreover when the price will turn in the counterpart direction.
(B) You could set your Stop Loss not so tight by giving the market its breath.
(C) The market signalizes different options of making a profit. Some Price Levels perform a higher probability. Not every market situation "promise" the same profit. So it's absolutely stupid to go in the market every time with the same Lot Sizes.
(D) When you don't have the time to monitor the market, you could set different input and output levels, dependent at which time frame you will go in and out of the market. (e.g. The exit levels could set based on different Pivotals or so).

See also TASAYC-System: http://www.forexfactory.com/showthre...55#post5196055, #523.

Kindest regards
FXcube

LOM - 2 Step
Loss Order Management

Right Calculation - Profit per Day

When I set the target of 1% Profit per Day, so I have to earn an infinite deal more, e.g. 1.5%, 2% or 3% every day.
These trades are balanced out the losses.
When the daily profit is 3%, I could transfer 2% into LOM for the war chest.
This could give an area of freedom. This psychological momentum could be advantageous to traders who don't like to be stressed when they trade the forex market.

See also TASAIC-System: http://www.forexfactory.com/showthre...55#post5196055, #524.
Kindest regards
FXcube

In the Forex literature you could read often something like this:
"Just how big should a stop loss be? The most common method of setting a stop loss is based on the size what you expect to gain. You should never you a stop loss of less than 2:1. Meaning, that what you stand to profit from the trade should be twice as large as what you are prepared to lose, or the size of your stop loss. Going any smaller than a 2:1 risk reward ratio will ultimately blow your account in the long run".

This is absolutely bullsh*t!

Work out your own parameters, which fits you!

I like also to trade short, shorter, shortest (Scalping). My trades needs only a profit, absolutely independant how much it is! When you make 20-100 winning trades per day (net) it adds up and at the end of the day you have earn maybe 1%, maybe 5%. This applies to mini profits per day (e.g. 0.2%) also.

Kindest regards
FXcube

See
http://www.forexfactory.com/showthre...55#post5196055, #538

Indicators - chryselfantine standards
Part 1

Indicators - chryselfantine standards
Part 2

Indicators - chryselfantine standards
Part 3

Indicators - chryselfantine standards
Part 4

Indicators - chryselfantine standards
Part 5

Templates - esperando
Part 1
Multiple-Time-Frame Templates

Templates - esperando
Part 2
Multiple-Time-Frame Templates

Templates - esperando
Part 3
Scalping Templates

Too much trojans/hackers/backdoors/rootkits with Windows.
Just got MT4 up and running in Ubuntu Linux!
I don't know if I will coming back here again!
Kindest regards
FXcube