Conventional trading is for losers
Absolute Simplest KISS Method. Also, how do we measure risk reward? 68 replies
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KISS Method - Thoughts 10 replies
Disliked{quote} So, in fact, target is 100% per month. Are you sure with this conditions?Ignored
Disliked{quote} How do you work that out? $300 is 1.5% How do you get 100%.?Ignored
Disliked{quote} MAX DD 300$, then account is terminated. So I should use money management according to it, not to allow such DD. I can't risk large summs & it doesn't matter if I have 20k, 1k or just 300$. That's why I'm speaking about 100%Ignored
DislikedI'm doing OK ish with this but need some clarification. Is this a legit trend line please. The trade is in profit. SL at previous SH. {image}Ignored
Disliked{quote} Yes the line is good. Late entry so you will need to monitor the trade on the 1H This pair is sitting on strong support so perhaps SL should now be at BE... Safety first. NO win is better than Loss.Ignored
DislikedI'm doing OK ish with this but need some clarification. Is this a legit trend line please. The trade is in profit. SL at previous SH. {image}Ignored
Disliked{quote} Thank you Ralffe. Yes I was a little late to enter. On the 1 hour price is moving up to my entry point and as I'm very risk adverse, I dropped the SL to a very small profit. Its a demo. I just entered long on the JPYUSD on the attached chart. Are you going long on this please and again am I in the right ball park? Thank you? Ignore the fact there's two trades please. thank you. {image}Ignored
Disliked{quote} No. I will be looking to short UJ You should have waited another day. Patience. Don't jump in without confirmation. On the daily. Too early. On the 1H too late.Ignored