Monitor for 'Trading Made Simple' system 553 replies
Indicators for the 'Trading Made Simple' system 342 replies
DislikedI think that the decision is to be made individually, every situation will be unique - volatility, news etc. I prefer partially closing position @ ATR or ATRx2 and moving the rest to breakeven to see what the market is going to give me.Ignored
DislikedTms 1 hour signal
sell - gbp-usd
entry - 1.54160
stop loss - 1.54710
risk - 2%
position size - 1.27Ignored
DislikedHi, I'm not critising here I would just like to know your frame of mind when taking this trade. As I saw this set up but saw that the tdi line was starting to flatten out. Also according to your chart it seems to be the third candle and taking a trade there would be going against the rules? Just wondering what you thought, as I'm still trying to learn the method my self.
Aren't you late according to the rules, since it is theIgnored
DislikedBtw I realise shorting this pair would be a safer way to go. Just wondering if you would do the same for another pair with the same price action?Ignored
DislikedJust started reading this thread read 86 pages so far, ty for posting your strategy, just made 70 pips on a Sell 1H EU
looking forward to read the next 700 pages hahahaIgnored
Dislikedsell - eur-usdIgnored
Disliked... and sell gbpusd, eurusd and nzdusd.
So let me make sure I've got this right. Your money management plan is to risk 2% of account per trade right? Yet you place four ***usd trades, thus risking 8% of your account on the movement of one currency?
You've obviously read about risk management, but are you sure you understand the concept?Ignored
DislikedUsing money management is just to show others how it could be done, and much better than just placing a 1 lot trade.Ignored
DislikedAnd you are ??? Really, your opinion you mean, let the people decide then, you don't speak for them.
Am I the only one that can see how ridiculouly funny this statement is ?
DislikedALL trades have now given a signal in the other direction, several close to being stopped out, have to leave the office now, will monitor later and if report how it all turns out, good luck to all, have a nice week-endIgnored
Dislikedhave never put that advice into practice on a live account yourself? Or even on a demo account, so it seems?Ignored
DislikedAh I see. So you are advising others on money management, yet have never put that advice into practice on a live account yourself? Or even on a demo account, so it seems?