mbtrading ecn
i am down $2000 still holding it hurts but is a lesson learn need to apply MM
i am down $2000 still holding it hurts but is a lesson learn need to apply MM
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Dislikedmbtrading ecn
i am down $2000 still holding it hurts but is a lesson learn need to apply MMIgnored
DislikedSorry but this drop was no surprise. I've had that point on my chart for months. Here it is on a simplified chart so you can see, it's been a trendline for a long time now.Ignored
DislikedFor me, the #1 MM Rule is: Always trade small relative to account funding. Why? Because if you get caught off guard, and trade builds a loss, it is more than likely in time the trade will come back to break even and then into profit, ESPECIALLY when the loss comes from manipulated moves like we are currently seeing. You need to be able to sit tight and wait it out, which you can do if you traded small relative to account.
There are other rules, but for me this is #1.Ignored
DislikedFor me, the #1 MM Rule is: Always trade small relative to account funding. Why? Because if you get caught off guard, and trade builds a loss, it is more than likely in time the trade will come back to break even and then into profit, ESPECIALLY when the loss comes from manipulated moves like we are currently seeing. You need to be able to sit tight and wait it out, which you can do if you traded small relative to account.
There are other rules, but for me this is #1.Ignored
DislikedI totally agree! And on top of that you can hedge if an entry goes the opposite site. That way you stall the losses, after some time quit the one of the entries that is in green when you see the trend has turned.Ignored
DislikedTurn- or break-point?
That USDCHF thingy worked pretty good yesterday but couldn't fill my book.
A little unconcentrated on my side.
Will be in vacation for a week to recover concentrationIgnored
DislikedTurn- or break-point?
That USDCHF thingy worked pretty good yesterday but couldn't fill my book.
A little unconcentrated on my side.
Will be in vacation for a week to recover concentrationIgnored
DislikedFor me, the #1 MM Rule is: Always trade small relative to account funding. Why? Because if you get caught off guard, and trade builds a loss, it is more than likely in time the trade will come back to break even and then into profit, ESPECIALLY when the loss comes from manipulated moves like we are currently seeing. You need to be able to sit tight and wait it out, which you can do if you traded small relative to account.
There are other rules, but for me this is #1.Ignored
DislikedI get the sense that many here feel that this is just a normal pullback, no sweat...it will climb again soon. It may do just that, nobody knows with any assurance the answer to that question. Unless we break 3750, we are still ranging. However, the difference that requires extra caution is that this move is not just about manipulation....there is a potential FUNDAMENTAL shift in thinking that may occur. This whole Euro-equities-oil rally has been built on the shoulders that things are "looking up" and that we have "green shoots" of growth in...Ignored
Disliked"Will be in vacation for a week to recover concentration...." - Cobra
What he means, folks, after today he is going on a binge...Ignored
DislikedIt's beach not binge, you can get the manipulation pips that I would have scalped during my absence.Ignored
DislikedFor me, the #1 MM Rule is: Always trade small relative to account funding. Why? Because if you get caught off guard, and trade builds a loss, it is more than likely in time the trade will come back to break even and then into profit, ESPECIALLY when the loss comes from manipulated moves like we are currently seeing. You need to be able to sit tight and wait it out, which you can do if you traded small relative to account.
There are other rules, but for me this is #1.Ignored