QuoteDisliked
Thanks PipsRider.
Ff4828
- #148
- Feb 26, 2010 9:56am Feb 26, 2010 9:56am
Helloo..Fabreu
Usually u trading in what pair?
Your indicator accurate use at Time Frame 5M or 30m or H1?
well me personally i like to trade the eur usd from 8am to 12pm eastern time
and the eur jpy after 5pm eastern time.
- #152
- Feb 27, 2010 10:39am Feb 27, 2010 10:39am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
hi fabreu
nice one
I still trade demo and still keep it small at 0.10 lots each trade.
I also apply the SL and TP on each trade and as soon as the trade reaches the TP I just call it a day and close all the systems
there is no need to be greedy.
my advice is to keep it small and start trading on the demo acc using the lots size as it would be the live acc so you can get an idea on how to set up the money management.
I mean the bigger the lot size the bigger the win but systems might fail at one point due to the human factor or wars or any other reason and you can loose.
my case-my acc is 3000 and I use lots of 0,10
1 trade a day max 4
I manage to pull out of the market from 45 to 160-200 USD per day.
I will still test it like this for 2 more months and then I will give it a go live
best regards and good luck
nice one
I still trade demo and still keep it small at 0.10 lots each trade.
I also apply the SL and TP on each trade and as soon as the trade reaches the TP I just call it a day and close all the systems
there is no need to be greedy.
my advice is to keep it small and start trading on the demo acc using the lots size as it would be the live acc so you can get an idea on how to set up the money management.
I mean the bigger the lot size the bigger the win but systems might fail at one point due to the human factor or wars or any other reason and you can loose.
my case-my acc is 3000 and I use lots of 0,10
1 trade a day max 4
I manage to pull out of the market from 45 to 160-200 USD per day.
I will still test it like this for 2 more months and then I will give it a go live
best regards and good luck
- #153
- Feb 28, 2010 10:52am Feb 28, 2010 10:52am
hi fabreu
nice one
I still trade demo and still keep it small at 0.10 lots each trade.
I also apply the SL and TP on each trade and as soon as the trade reaches the TP I just call it a day and close all the systems
there is no need to be greedy.
my advice is to keep it small and start trading on the demo acc using the lots size as it would be the live acc so you can get an idea on how to set up the money management.
I mean the bigger the lot size the bigger the win but systems might fail at one point due to the human factor or wars or any...
wow that some good profit taking there 160 to 200 per day that is great that is my goal per day $100
- #154
- Feb 28, 2010 11:31am Feb 28, 2010 11:31am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #155
- Mar 1, 2010 5:07am Mar 1, 2010 5:07am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
Hi fabreu
went live today to test it.
on a 30 EUR acc I opened a transaction of only 1.5 EUR and gained 5.
I can aff to loose those 30 eur if things go wrong but I have stop looses anyway.
ofcourse the profit won't pile up now but when I will feed my live acc with the 2000 eur as initial money and trade amounts of 10-20 eur things will change and those 5 eur will become the amounts described earlier.
cheers mate and suerte
p.s. I only do as I said 1 trade a day max 4
went live today to test it.
on a 30 EUR acc I opened a transaction of only 1.5 EUR and gained 5.
I can aff to loose those 30 eur if things go wrong but I have stop looses anyway.
ofcourse the profit won't pile up now but when I will feed my live acc with the 2000 eur as initial money and trade amounts of 10-20 eur things will change and those 5 eur will become the amounts described earlier.
cheers mate and suerte
p.s. I only do as I said 1 trade a day max 4
