I'm happy I finally developed a technique that gives me over 80percent success rate. Backtested well enough and have been using it close to 2 months now. Took me 1 year of rigorous work and a lot of my money to get here.
I agree fully with lot management. You never want to overtrade.
My personal advice for anyone reading is to trade price action, snub indicators and so-called experts, and aim for precision trading. Different techniques work for different people but I personally cannot deal with seeing my metatrader flashing red negative trade balance, so my entry is usually on point. If it goes beyond then I close with tiny loss. I NEVER use a 2:1 profit to loss margin or any margin/ratio at all.
Trading fun when you are constantly making the right trades. If it doesn't feel like that keep researching. I am always hungry to know more I think that is the right attitude.
That being said, I'm still trying to get the news trading trick. It seems news just brings in volume doesn't really matter if it's good or bad news the market goes where technical analysis points towards. Feel free to correct me if I'm wrong
Cheers
I agree fully with lot management. You never want to overtrade.
My personal advice for anyone reading is to trade price action, snub indicators and so-called experts, and aim for precision trading. Different techniques work for different people but I personally cannot deal with seeing my metatrader flashing red negative trade balance, so my entry is usually on point. If it goes beyond then I close with tiny loss. I NEVER use a 2:1 profit to loss margin or any margin/ratio at all.
Trading fun when you are constantly making the right trades. If it doesn't feel like that keep researching. I am always hungry to know more I think that is the right attitude.
That being said, I'm still trying to get the news trading trick. It seems news just brings in volume doesn't really matter if it's good or bad news the market goes where technical analysis points towards. Feel free to correct me if I'm wrong
Cheers
The impossible is possible
5