Dislikedfinally i can write in my favorite thread,Thank you Davit. I feel that i need to introduce myself as trader for you guys. Exicuse me if i make some mistakes as English is not my main language. Before i find this great strategy (Pivot Trading) I bought strategy, were it involved with martingale and macd and simple sma. I was profitable for 4 months, My mentor said that you will never have drawdown by this strategy, no matter what price will come back after it reversed and give you profit. my account as retail trader is less than 3kUSD so if i enter...Ignored
There is lot to cover on this thread read as much as you can.
This is advance trading what looks easy is deceptive.You must learn when to hold when to fold.Don't make 50 loss become 500 loss.Trading in essence is all about money management.Does not matter the system. Systems even best ones can't protect you if you fail to take a loss and bloat it up.
In trading, you have to be defensive and aggressive at the same time