Low Gearing, No Indicators, No Stoploss, No Mantra's

Why do you need high leverage ?

Why do you need indicators ?

Why do you need stoplosses ?

Why do you need to cut your losses short and let winners run ?


Can anyone answer these questions !?

/

dont trade at all!!

You don´t need High leverage, in my opinion you should avoid to over leverage your trades.


Some may like them some may not, as a need itself you should not see them. No you don´t need them but some can be helpful.


Stop losses are there to protect your capital, you should always have a plan and a sound Money management sl´s are there to help you stick with it when something unexpected happens.


To be profitable.

I hope it helps you.

best regards.

Thijs -- Why do you need high leverage ?
me -- For low-risk trades, if one can tell the difference and handle the extra psych.
Why do you need indicators ?
To compensate for low-wave brains (no, kidding). The mind can only keep in the conscious mind so much information, each person has their own way of digesting information, and emotions / extra psych can interfere with or help one do the job .
Why do you need stoplosses ?
Because you're not always right -- use a mental SL, at least to ensure price'll never move past a certain range in the method.
Why do you need to cut your losses short and let winners run ?
A high R:R, the occasional big trade to make up for small losses... It's all the same.