Short GJ +5 locked
Now I know I'm invincible when I can step in front of train like this and pull it off. ( or delusional) 
Trading is as simple as 1-2-3
- #7,721
- Jan 23, 2019 7:33am Jan 23, 2019 7:33am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short GJ +5 locked
Now I know I'm invincible when I can step in front of train like this and pull it off. ( or delusional) - #7,722
- Jan 23, 2019 10:24am Jan 23, 2019 10:24am
- Joined Mar 2012 | Status: Trader | 14,323 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #7,723
- Jan 23, 2019 10:24am Jan 23, 2019 10:24am
- Joined Mar 2012 | Status: Trader | 14,323 Posts
{image} Short GJ +5 locked
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #7,724
- Jan 23, 2019 12:37pm Jan 23, 2019 12:37pm
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} or lucky!
- #7,725
- Jan 23, 2019 4:24pm Jan 23, 2019 4:24pm
- | Joined Jan 2018 | Status: Trader | 1,108 Posts
{image} Short EJ +5 locked
Hello Hal, i'd like to know how you managed the loss and other trades, in this manner if you can:
Example:
Trade 1: -8 pips (closed manually or stopped out?)
Trade 2: +8 pips (closed manually)
Trade 3: locked +5 then trailing 10 pips, final result 40 pips
Trade 4: +15 target hit
Ecc..
Just for have a larger visual of your operativity, if for you isnt' a problem.
Cheers
- #7,726
- Jan 24, 2019 1:24am Jan 24, 2019 1:24am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} Hello Hal, i'd like to know how you managed the loss and other trades, in this manner if you can: Example: Trade 1: -8 pips (closed manually or stopped out?) Trade 2: +8 pips (closed manually) Trade 3: locked +5 then trailing 10 pips, final result 40 pips Trade 4: +15 target hit Ecc.. Just for have a larger visual of your operativity, if for you isnt' a problem. Cheers
I at times leverage my losses out. I do not recommend this type of strategy for most as if it goes against you it compounds your loss. Here is a case where I did it today. I took a loss on the CA, I think it was 11 pips. What made it frustrating is it came back through after taking out my stop and got profit. The next bar I went 5x and took it out in +2. It probably is a better idea for most to take the straight loss and move on. Especially if it is stair stepping. I do this leverage move but not all the time.
- #7,727
- Jan 24, 2019 1:28am Jan 24, 2019 1:28am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short EG +5 locked
- #7,728
- Jan 24, 2019 1:31am Jan 24, 2019 1:31am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short CF +5 locked
- #7,729
- Jan 24, 2019 2:21am Jan 24, 2019 2:21am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
{quote} {image} I at times leverage my losses out. I do not recommend this type of strategy for most as if it goes against you it compounds your loss. Here is a case where I did it today. I took a loss on the CA, I think it was 11 pips. What made it frustrating is it came back through after taking out my stop and got profit. The next bar I went 5x and took it out in +2. It probably is a better idea for most to take the straight loss and move on. Especially if it is stair stepping. I do this leverage move but not all the time.
several years ago (or better centuries;-) i destroyed with this risk management several accounts.
good luck!
trading is like dancing, don't think and just listen to the music!
- #7,731
- Jan 24, 2019 2:54am Jan 24, 2019 2:54am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} puh, thats sounds very risky. several years ago (or better centuries;-) i destroyed with this risk management several accounts. good luck!
- #7,732
- Jan 24, 2019 2:57am Jan 24, 2019 2:57am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} Man i just love this setup Hal long wicks candles
- #7,733
- Jan 24, 2019 4:48am Jan 24, 2019 4:48am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long EU +5 locked
- #7,734
- Jan 24, 2019 5:10am Jan 24, 2019 5:10am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long AU +5 locked
finally 
- #7,735
- Jan 24, 2019 6:04am Jan 24, 2019 6:04am
- | Joined Jan 2018 | Status: Trader | 1,108 Posts
{quote} {image} I at times leverage my losses out. I do not recommend this type of strategy for most as if it goes against you it compounds your loss. Here is a case where I did it today. I took a loss on the CA, I think it was 11 pips. What made it frustrating is it came back through after taking out my stop and got profit. The next bar I went 5x and took it out in +2. It probably is a better idea for most to take the straight loss and move on. Especially if it is stair stepping. I do this leverage move but not all the time.
Ok Hal, thanks. For "leverage move" you mean bigger sixe in next trade? Sorry but my english is not exceptional and i could miss some things
- #7,736
- Jan 24, 2019 6:25am Jan 24, 2019 6:25am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} Ok Hal, thanks. For "leverage move" you mean bigger sixe in next trade? Sorry but my english is not exceptional and i could miss some things
- #7,737
- Jan 24, 2019 6:28am Jan 24, 2019 6:28am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long AU +5 locked
Took this earlier for +5, rinse and repeat.
- #7,738
- Jan 25, 2019 1:34am Jan 25, 2019 1:34am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short NZ +5 locked
- #7,739
- Jan 28, 2019 1:55am Jan 28, 2019 1:55am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long EJ +5 locked
- #7,740
- Jan 28, 2019 2:23am Jan 28, 2019 2:23am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long GJ +5 locked