DislikedRight on! Trading size less than 0.5 minilot are just training sizes...the big $$ is above...why? 100 pips with a minilot size troop is $100 per session...done several times a day is a real salary...and you are done...yes...done...you do not have a boss but yourself...you take it from there.
Consistency? Yes...if you figure out how to manage the news...the strategy really works...but the news break the whole system apart...fti never told us either about when to surrender or to deal with news...well, as far as I can remember...I'd wish he comes back and clarify these points with an interesting story...oh well...where is fti?...I hope he is Ok and well...
RegardsIgnored
I can relate to your conversation.
First of all I'd like to say most know more than I do trading, however I'd like to say in fti absense its very important to take the time to go over his thread. lusan, remember the emperor moth.
How closely are we following, applying and developing the aow?
Money management seems to be a topic of late in the aow lesson 2 fti mentions 10 % for those that are learning. We need to keep in mind that if trade is against us, with this art we may need to go from 5 min. - 15-30min .-1 hr. to 4 hr. to recover. So when we get in a trade our we looking at the distance of the 4 hr. price action ? Something to think about.
Also, if we have set times to trade and there happens to be news that hr. how well do we now the terrain at that time?
jest 1081,
As far as a few peanuts go, the oppurtunity is there to develope the art of growing a few peanuts into a peanut farm. Its better than taking ones peanut farm down to a few peanuts, so lets learn how to grow peanuts one peanut at a time if thats what it takes. Just don't loose your nuts.
take care