I wonder if you'd get a bit more into the trade management details: When do you/would you exit your trades? Would you always wait until your signals change? Do you adapt, i.e. do you strengthen/loosen your exit rules (according to which criteria - which logic)? Thanks a lot in advance - I know of coursethat this is a deep topic ... Best wishes to you and your family AntiCre
{quote} //----- hey antecre..... wish i could follow my rules to the letter, but can not..... it's more like day by day adaption.... the trades go in with a targets all over the board, ranging from 10 to 100 pips.... depending on timeframes the signals come from.... the account average is 18 pips per trade..... this account is oanda live which must follow their unique targets rules, so my lot sizes are also all over the board..... the only way we can have targets is if its a unique lot size..... ea's are also running that will close everything if...
{quote} Lol. I feared that your answer won't be a simple if then else ... The exit management seems to be the crucial inherent part of all successful traders' minds. Yet, nobody talks about it. Where are the marketers that promote a programme to create a successful exit strategy?
last week was another cool one..... water will boil when it gets good and ready..... not until..... all we can do is sit and wait..... have a feeling the pots about to whistle.....
{quote} Lol. I feared that your answer won't be a simple if then else ... The exit management seems to be the crucial inherent part of all successful traders' minds. Yet, nobody talks about it. Where are the marketers that promote a programme to create a successful exit strategy?
{quote} //----- hey salitos..... quite right...... that is something i struggled with for a long time.... still struggle at times..... knowing when to trust support and resistance is another struggle of mine..... let 100 eurusd shorts trades go this morning at support.... a months minimum wage in 1 minute..... yeah your right...... only a minimum wage clown would do such a thing......lol.....h //------ https://www.youtube.com/watch?v=SMOntAVLxGM
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{quote} everyday my notion of using fixed stops keeps getting challenged, amazingly most of the few traders I've seen posting results do not use fixed stops\ no right or wrong, as long as the green pips keeps coming. On the other hand I did notice your mql4 scripts accept a user input dialogue, never knew that was possible, learn something new everyday
bet the next 200 in a row will have a cad in it...... ehhh.....h
