ok, that was a bas short 
missed sl by 2 pips.
still in there
missed sl by 2 pips.
still in there
- #254,322
- Jun 7, 2010 9:03am Jun 7, 2010 9:03am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #254,323
- Jun 7, 2010 9:05am Jun 7, 2010 9:05am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
now a reverse to 1.20 please?
and do your daily things.. Watching Forex moves will probably
lead either for early bailout or early TP (not to mention negative health impact) .. I just notice less I'm watching,
better it is for the Trade itself.. I'm curious why M1 named as "scalping".. Now I know,
that's because broker scalp your account to ZERO and not vise versa
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
i know, but you must have the money to trade at larger timeframesis just fell last friday from 500 euro back to 250, now trying to get back to 300 today
Billions?
I have same question as well.
- #254,325
- Jun 7, 2010 9:06am Jun 7, 2010 9:06am
i know, but you must have the money to trade at larger timeframes
Honestly with a good system it does not matter.
My SL on 1H or 30 min trimeframe is not more then 20-30 PIPS for EUR/USD and cable, GBP/JPY mostly 40 pips.
I have heard of people using 80 or 100 pips SL, that is insane, if you know what you are doing then why that big SL, that is more like gambling. I risk on average 25 pips per trade. So if one risks 100 pips on a trade, with the same I can do 4 trades. Once you have good system for entry and exit, you will only need small SL.
If you went from 500 EUR to 250 EUR, then rethink your strategie, I think it has to do with your MM, lot size and SL levels.
Being right is one, taking it from the table is two.
- #254,326
- Jun 7, 2010 9:07am Jun 7, 2010 9:07am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
A little beginner trader since 2006
do anyone have system, set it and forget it.. Take a trade set sl tp
and do you daily things.. By watching forex moves will probably
lead either for early bailout or early tp.. I just notice less i'm watching,
better it is for the trade itself.. I'm curious why m1 named as "scalping".. Now i know,
that's because broker scalp you account to zero and not vise versa :d
yeah baby
i know its patented on u but i couldn't resist
- #254,329
- Jun 7, 2010 9:09am Jun 7, 2010 9:09am
Do anyone have system, set it and forget it.. Take a trade set SL TP
and do you daily things.. By watching Forex moves will probably
lead either for early bailout or early TP (not to mention negative health impact) .. I just notice less I'm watching,
better it is for the Trade itself.. I'm curious why M1 named as "scalping".. Now I know,
that's because broker scalp your account to ZERO and not vise versa
You are right on that one, set and forget
Being right is one, taking it from the table is two.
- #254,331
- Jun 7, 2010 9:10am Jun 7, 2010 9:10am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #254,332
- Jun 7, 2010 9:11am Jun 7, 2010 9:11am
- | Commercial User | Joined Feb 2010 | 8,031 Posts
Founder of Sutherland Wave Principle
- #254,333
- Jun 7, 2010 9:13am Jun 7, 2010 9:13am
Big money or small money?
Honestly with a good system it does not matter.
My SL on 1H or 30 min trimeframe is not more then 20-30 PIPS for EUR/USD and cable, GBP/JPY mostly 40 pips.
I have heard of people using 80 or 100 pips SL, that is insane, if you know what you are doing then why that big SL, that is more like gambling. I risk on average 25 pips per trade. So if one risks 100 pips on a trade, with the same I can do 4 trades. Once you have good system for entry and exit, you will only need small SL.
If you went from 500 EUR to 250 EUR,...
i should do something with my MM sometime .... now its sometimes 5000 euro in a month and 2 months later its all gone , hahaha.... any good links for proper money management (also for "small money") trading?
- #254,334
- Jun 7, 2010 9:14am Jun 7, 2010 9:14am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #254,337
- Jun 7, 2010 9:16am Jun 7, 2010 9:16am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Big money or small money?
Honestly with a good system it does not matter.
My SL on 1H or 30 min trimeframe is not more then 20-30 PIPS for EUR/USD and cable, GBP/JPY mostly 40 pips.
not to mention GBPJPY 100 pips at least if not 150 need for this
high volatility pair.. But you'll find out later, when your losses will
exceed your winners and that's guaranteed by FX even for 1:1 SL to TP
P.S
we probably talking about different Time frames.. ON 5-15 min, perhaps you right
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #254,339
- Jun 7, 2010 9:20am Jun 7, 2010 9:20am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #254,340
- Jun 7, 2010 9:21am Jun 7, 2010 9:21am
- Joined Nov 2008 | Status: Full Time Trader | 10,867 Posts
