DislikedI opened an account United Kingdom - D102743041001 . A password is sent to the post officeIgnored
I will check and log on when I wake up !!!
Benjaminis
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DislikedI opened an account United Kingdom - D102743041001 . A password is sent to the post officeIgnored
DislikedBenjaminis 10 Trading Rules for Successful Traders 1. Limit your losses. 2. Let your profits run. 3. Keep position sizes within reason. 4. Know your risk-reward ration. 5. Be adequately capitalised. 6. Dont fight the trend. 7. Never add to losing positions. Dont average out. 8. Know market expectations. 9. Learn from your mistakes keep a trading journal. 10. Have a maximum loss or retracement in profits.Ignored
DislikedI opened an account United Kingdom - D102743041001 . A password is sent to the post officeIgnored
DislikedBenjamin Thank you for all the info and help so far. I just wanted to confirm the following: In one of your post you said, you add the second position if you are - 50 pips. So that order, do you place as a pending order, with same criteria, 100 pips stop and 300 pips profit? The last position, do you only place that, once the price has moved into our direction, so say position 1 & 2 is in profit? When position 1 is in profit, do you ever move your stop losses to breakeven or do you use the principle set and forget? So it either hit your stop loss...Ignored
Disliked{quote} Remember this rule. Unless you are very confident in the trend you found, and think you entered too early, you can add another position. Otherwise see rule highlighted above. I myself am guilty of adding to losing positions sometimes too but this is a fool's game and we shouldn't make a habit out of it. Best regards! (live account up 17% since I started paying attention to Benjamin's fundamental insights)Ignored
Disliked{quote} Hello my friend. I have already replied to you in some of my earlier posts this morning and now I will get directly to your comments here this morning. As you clearly know by your results so far we trade Forex with a Trade Plan. Each Trade Plan is made UP of three positions of 100 units or $100,000 US a contract. Since we scale in three positions the Trade Plan which is clear to start means that you are NOT REALLY adding to losing positions all you are doing is executing your trade Plan. please reply so I am sure that you and others understand...Ignored
DislikedShorted UJ at 117.380. It's at it's high from past 2 trading days. Sticking to the Trade Plan. Benjamin, what do you think about AUD/USD? If DOW price drops, is it correlated to A/U price rising? From a technical point of view, A/U looks to be at a good BUY position.Ignored
DislikedI'm about to blow up my demo account, unfortunately I'm unfamiliar with trade station, I'm confused with lot size. Instead of 1 I sell 100 and 3 position I attached the MT4 it right now in FIBO 38 should be sweet spot DJ30 {image}Ignored
DislikedБеннджамен, while mastered a platform, accidentally closed warrants. Then opened again, because you opened . While technical moments идут with a platform. Nevertheless with МТ4 it is difficult to pass to other platform. But studying very interesting. Gold will we buy where that on 1100? Bankers prepare to the large purchases in the предверии falling of dollar.Ignored