Disliked{quote} Darren, thanks for your detailed explanation - I think I see your point ! OliverIgnored
tradewith60
Can you teach me Carry Trade and Swing Trade? 5 replies
Golden rule: trade the trade! 16 replies
usa trade balance cad trade balance 6 replies
Philly Fed later - trade or not to trade? 10 replies
Months to trade or not to trade Forex? 2 replies
Disliked{quote} Darren, thanks for your detailed explanation - I think I see your point ! OliverIgnored
DislikedThanks for another great video 60mm. I have been practicing with small stakes, and am now getting more comfortable with this way of trading. I am still trying to work out the best way re money management, bearing in mind that the SL on each trade can be different, and that there could be several trades running at once. Do you think the best way would be to calculate an average SL size (On 1H GU say 50?), and then set the amount per pip accordingly, depending on how much in % terms I am prepared to risk per trade? Or is there a better way? Thanks....Ignored
DislikedThanks 60mm, Good idea to use weekly figures. As my experience with this system is limited, could you please give me an idea what sort of figures are we looking at for a bad week on GU? ThanksIgnored
DislikedGood answer thanks. I have been trying to back test, but not finding it that easy as there can be hedges on hedges etc! I agree that going forward whichever way I trade I will need to personalize it and make it my own. I'll give it a good go and let you know how I get on.Ignored
DislikedOff on holiday for 6 weeks now... I will still be around but only trading Daily TF. Here's a little break down of weekly performance this year - that average net weekly 100 pips stays solid over the long run and that is how I make a decent income, realistic, achievable goals {image}Ignored
DislikedGreat figures Kumetto. What determines where you take profit? Do you aim for a daily target of pips, or a weekly one? ThanksIgnored