Disliked{quote} Hello. I am still long Cable and have been adding to my long position over the past days. I just added to it again today as we near US market close. When in an uptrend, look for scary bearish daily candles and add just as they close (or as the next day opens). Today's daily candle is such a candle. My stops have been raised to just below the lows of the bullish daily candle of March 21st. Posting a view of the hourly with my recent add-ons to my long position initiated March 12th, on the break of the previous trading day's high. Edit: added...Ignored
Just about everything is wrong with this wing and a prayer stuff, I would be seriously embarrassed to make such a post. One would have to have a very large account to trade at even 10 cents a pip so the returns expressed as a percentage would be minor but the losses would be major. It wastes time also, a week or so in the trade and no return and if the trade is stopped out then the whole thing losses major time and money.
Any newbie should take note this is not trading it is simply gambling, I have seen so many people blow their accounts doing this. We recently had a chap lose 10k doing it, all his account gone and now so is he.
Don't do it, 99 winners can easily be lost win 1 loser.
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