0. Forex Tester, after I have started using it I felt like neo during that fight in the tube)))
1. Using boxes in scalping to quickly calculate the first and the second TPs. You can place the first box for sl and then just copy and drag two same-size boxes to the top. Afterwards it's just easier to drag out the tps and manage them subsequently, copying new and new boxes. Please find below the picture:
http://postimg.org/image/i75zjjv1b/
2. Bladerunner Trading Strategy for m5 scalping
3. Not using 1:2 ratio in h1 trading -- just basing my entries and exits, adds and locks on the swings and levels.
4. Understanding that you need to cover the basics, keep it simple and just get 100 deals in Forex Tester and see what you have to decide on whether the strategy is good, then you need to demo it for some time, then live acccount it for some time... Don't change the tses all the time. It's not the ts, but the trader that makes a difference (there was a case, when the investment company got people from the street, some of them lost money and went out, others made large amounts -- they were striclty told to use the same system (4 turtles) during the same periods and on the same tfs).
It's the clear evidence that it's all about the trader. And the trader's behavior is all about the attitude (getting a bit like a robot -- not using the emotions, just doing your strategy, i.e. you have to have the strategy).
I will change this post gradually and add new stuff that has become important to me. I welcome all the comments from other traders, so that in a couple of years this post may grow and be an awesome resource for newcomers. So, please write as concise and to the point posts as possible, please try and abstain from quoting a page of somebody's else post and writing "it's crap" or "Yeah, that's right", as basically, imho, all the posts should go very thorough self-vetting before being published in such threads, i.e. it's eu thread.
1. Using boxes in scalping to quickly calculate the first and the second TPs. You can place the first box for sl and then just copy and drag two same-size boxes to the top. Afterwards it's just easier to drag out the tps and manage them subsequently, copying new and new boxes. Please find below the picture:
http://postimg.org/image/i75zjjv1b/
2. Bladerunner Trading Strategy for m5 scalping
3. Not using 1:2 ratio in h1 trading -- just basing my entries and exits, adds and locks on the swings and levels.
4. Understanding that you need to cover the basics, keep it simple and just get 100 deals in Forex Tester and see what you have to decide on whether the strategy is good, then you need to demo it for some time, then live acccount it for some time... Don't change the tses all the time. It's not the ts, but the trader that makes a difference (there was a case, when the investment company got people from the street, some of them lost money and went out, others made large amounts -- they were striclty told to use the same system (4 turtles) during the same periods and on the same tfs).
It's the clear evidence that it's all about the trader. And the trader's behavior is all about the attitude (getting a bit like a robot -- not using the emotions, just doing your strategy, i.e. you have to have the strategy).
I will change this post gradually and add new stuff that has become important to me. I welcome all the comments from other traders, so that in a couple of years this post may grow and be an awesome resource for newcomers. So, please write as concise and to the point posts as possible, please try and abstain from quoting a page of somebody's else post and writing "it's crap" or "Yeah, that's right", as basically, imho, all the posts should go very thorough self-vetting before being published in such threads, i.e. it's eu thread.