Thank you very much.
- #48
- Jan 6, 2021 12:52pm Jan 6, 2021 12:52pm
- Joined Aug 2017 | Status: Trader | 5,229 Posts
Do you have any method to avoid these types of trades? In such cases, averaging them can be a bit dangerous and if you fail you can lose a large chunk of your profits. Anyway, this is a very interesting method of trading and very profitable if you can avoid these types of trades.
Fear is the mind-killer.
- #49
- Jan 6, 2021 5:20pm Jan 6, 2021 5:20pm
Do you have any method to avoid these types of trades? In such cases, averaging them can be a bit dangerous and if you fail you can lose a large chunk of your profits. Anyway, this is a very interesting method of trading and very profitable if you can avoid these types of trades.
wise man say, only fools rush in
- #52
- Jan 8, 2021 6:29am Jan 8, 2021 6:29am
- Joined Aug 2017 | Status: Trader | 5,229 Posts
Celebrating with a BIG lesson today, max tp for floating entry is only TP1 or TP2 Lesson learned. Failure make success. {image}
Congratulations!
Fear is the mind-killer.
- #53
- Jan 8, 2021 7:08am Jan 8, 2021 7:08am
{quote} Good to know
, looks like $100 as capital is not suitable for this method. Although the method looks like promising but the risk is high. I tought $1000 as minimum dep is fair.
wise man say, only fools rush in
- #54
- Jan 8, 2021 9:31am Jan 8, 2021 9:31am
- Joined Aug 2017 | Status: Trader | 5,229 Posts
{quote} Thank you mate
Fear is the mind-killer.
- #56
- Edited 5:18pm Jan 8, 2021 5:06pm | Edited 5:18pm
{quote} Just discover how to avoid the trades we talked about earlier and this is the pips printing machine.
.you got a pretty objective trading plan, that's what i like,,
, i have to be brave enough to expose the trading style. Have to post a real time entry & show a TE (although it was demo 
). Thats the only way i can improve especially on the risk of it. My goal is only 10% per month ROI with consistence . I must discover especially on risk tolerance. Any ideas are welcomed.
It took 6% floating loss
wise man say, only fools rush in
{quote} Yes, i have tried a lot of strategy & what i discovered the best is risk management. In order to realize my real trade i have to find the best way to manage it. If u have other ideas just let me know. I wanna make some money too
Steps to profitability: Collect data, money management, stay bored
- #60
- Jan 9, 2021 2:19pm Jan 9, 2021 2:19pm
- Joined Aug 2017 | Status: Trader | 5,229 Posts
{quote} Yes, i have tried a lot of strategy & what i discovered the best is risk management. In order to realize my real trade i have to find the best way to manage it. If u have other ideas just let me know. I wanna make some money too
Fear is the mind-killer.