GU +15 locked
take a profit before the market takes it back
take a profit before the market takes it back
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DislikedHello guys, Today i took 7 trades, only one looser. I could have managed it better by closing the deal with smaller loss. Instead i waited and sl got hit because of high spread. Latest high is not yet violated. And because of inexperience i forgot to open smaller lot size for a 19 pips SL. Despite all, managed to close the day with 5% account growth. Can someone advise me about the pairs please? My looser was EURAUD. Do you trade such pairs? Or only top majors like EU, GU, UC, USDCHF, EJ, UJ, AU, NU? Many pips to all. {image}Ignored
DislikedHello guys, Today i took 7 trades, only one looser. I could have managed it better by closing the deal with smaller loss. Instead i waited and sl got hit because of high spread. Latest high is not yet violated. And because of inexperience i forgot to open smaller lot size for a 19 pips SL. Despite all, managed to close the day with 5% account growth. Can someone advise me about the pairs please? My looser was EURAUD. Do you trade such pairs? Or only top majors like EU, GU, UC, USDCHF, EJ, UJ, AU, NU? Many pips to all. {image}Ignored
Disliked{quote} Looks like you have done very well right out of the box. Generally however starting out it is better to focus on just a few pairs, the commons, EU, GU, etc. maybe even just one. That way you learn the method without multiple distractions. That is how I started. I monitor 10 now the ones you show, plus CA and EG. Have not looked at the EA but I would certainly trust Lem's advice.Ignored
Disliked{quote} EA is a pair that loves to trend per day. Not best suited to this method.Ignored
Disliked{quote} Looks like you have done very well right out of the box. Generally however starting out it is better to focus on just a few pairs, the commons, EU, GU, etc. maybe even just one. That way you learn the method without multiple distractions. That is how I started. I monitor 10 now the ones you show, plus CA and EG. Have not looked at the EA but I would certainly trust Lem's advice.Ignored
Disliked{quote} Lol. Plus remember Hal's idiosyncratic lettering technique for pairs...or CA is not CHFAUD, lol.Ignored
Disliked{quote} Even I confuse my myself on that one Lem, have to remind myself California does not have their own currency. At least I don't think they do.Ignored