I'd suggest you trade with scrutiny on anything you don't understand fully...
even if it's a great system, if you tried live without demo trading they would call the errors on you fault.
no trading is sometimes safer than a no loss trading...
just look at the chart, the 2nd time it touched the level 1.3635 you traded, it goes -150pips without any rebounce back...
if 4 standard lot (really?) and no stop/loss then that's a 400,000*0.015*1.35=8000$ loss.
if you added position to average out, may even worse and get you blown up if more uncertainty comes with dow open.
if you look at other systems that follow the trend,
you will see a lot of people waiting all day for this chance to throw the positions on the EU short trend, and you're doing a long bounce off with +25pips tp?
even if it's a great system, if you tried live without demo trading they would call the errors on you fault.
no trading is sometimes safer than a no loss trading...
just look at the chart, the 2nd time it touched the level 1.3635 you traded, it goes -150pips without any rebounce back...
if 4 standard lot (really?) and no stop/loss then that's a 400,000*0.015*1.35=8000$ loss.
if you added position to average out, may even worse and get you blown up if more uncertainty comes with dow open.
if you look at other systems that follow the trend,
you will see a lot of people waiting all day for this chance to throw the positions on the EU short trend, and you're doing a long bounce off with +25pips tp?
DislikedHi Brother Angler .. just want to tell you that DD 9pips is wrong
becase i took trade in the end time of candle once i saw that Pattren formed i make my action ... so this trade dose not has DD only spread..
but it dose not mean that all my trade will be no DD .. i am in Forex and i will got TP and SL and DD .. and in the end it is all about how trader manage his account.
i am allways looking for any help to improve my trading becase i am here to learn.
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