Disliked{quote} Nicely done, Raph! I am a fan of OKshop. He helped me a lot with his friends. Your analysis is apperciated hereIgnored
I know I'm welcome here
On the trades:
I don't really like to share trades. Not because I am not certain (I never trade from the place of doubt), but I don't like anyone to follow trades who does not understand what a very realistic (and pretty good) "hitrate" is, and how it makes sense with a solid riskmanagement.
Most less experienced traders struggle on this part, and it is vital to understand that it's perfectly fine to lose half or more of your trades as long as you keep up a good risk/reward ratio on your winners. My hitrate can go as low as 75% FAIL and I still make money. So... for me it's a nobrainer to take these trades and I am very fine with losing them occasionaly because every single trade that I take is a very well calculated potential loss vs potential reward and I really never exceed my total market exposure of 5%. (curent total exposure is less than 3% btw...)
This is very important to know and understand BEFORE anyone takes these trade ideas and thinks about blamegames when they lose.
Trading is not a game and it's a not a gamble. It is -taking calculated risk on calculated profit- and nothing else
I hope I never have to experience the kind of witchhunt that I did experience in "the other forum", where I did not even share my ideas.
I was invited and I feel very honored to post and share in here and I thank OKshop for this very fine thread
And I am also happy to see my friend Tudor here, who's intraday analysis and knowledge of fundamentals are both very solid!
Smile! Always
you are not expected to understand this
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