Disliked{quote} Hi all, I would like to share with all the participants of this thread my thoughts, hoping to be useful in finding the right approach to this strategy I think that QUAD/MML ( daily ) is a good instrument for a possible entry in a convenient area of a chart and a great possibility for the traders who are looking for a movement of at least 500 pips ( or much more ). Said that, we should suppose that after we enter the trade, our expectation is that price will go in our direction and for a large number of pips. Nobody can, of course, know the...Ignored
Its great that you are posting some of your thoughts.
I agree with the risk part and the maximum possible entries added to accelerate growth.
Somehow you must strive to find the proper balance between the two.
Start off slow with the addition of trades in a sequence and note that a larger account is actually far easier to trade than a small 1K account provided risk is controlled.
Therefore I always recommend that a 1K be traded initially as a learning exercise and a patience builder.
Minimal risk will allow you to have deeper sleeps at night than higher risk especially for these longer term trades that run multiple days and multiple weeks in the case of a live traded account.
How you add in the additional trades is up to you but be wise.
Masterrmind............
Master your Mind then Master your Trades