Gents,
this screenprint will probably cause a few comments but it meant to open your eyes only, there are numerous ways to Trade, so dont be argumented, be open minded.
The screenprint is here to show you the difference in TF's as they will cause your brain to be confused, so again I will support Oliver Veliz / Kof in saying - pick a TF and stick to it because we are scalping people, not intraday or swing trading.
Please review the differences between the 3 TFs as risk is really defined as the amount of TIME you want the Market to hold onto your hard earned MONEY before your close the trade in profit or loss, nothing more or less (sorry youtubers). Your biggest weakness you must overcome is when we have DRAWDOWN (RISK), your emotions will kick in and guess what - you will be upset. You must get stronger and accept Drawdown is part of trading, start with the smallest Lot size to your Balance, one position per trade until you perfect the performance goal (90% plus), do not leap frog or ignore this message.
cpfleger
this screenprint will probably cause a few comments but it meant to open your eyes only, there are numerous ways to Trade, so dont be argumented, be open minded.
The screenprint is here to show you the difference in TF's as they will cause your brain to be confused, so again I will support Oliver Veliz / Kof in saying - pick a TF and stick to it because we are scalping people, not intraday or swing trading.
Please review the differences between the 3 TFs as risk is really defined as the amount of TIME you want the Market to hold onto your hard earned MONEY before your close the trade in profit or loss, nothing more or less (sorry youtubers). Your biggest weakness you must overcome is when we have DRAWDOWN (RISK), your emotions will kick in and guess what - you will be upset. You must get stronger and accept Drawdown is part of trading, start with the smallest Lot size to your Balance, one position per trade until you perfect the performance goal (90% plus), do not leap frog or ignore this message.
cpfleger
4