I'd say that price action: I mean S/R trendlines etc... never really worked for me the way (good) trading books, webminar by pros etc... use it.
I'm probably just not good enough, but tight SL get hit every time more or less.
I traded inside bar for a long time and asian breakout also, but always with a SL quite a few pips larger than most will recommend. I just use smaller lots.
I think the super tight SL are more adapted to futures and commodities.
Anyway that is what works for me.
But I always try new stuff, to add weapons to my arsenal so to speak. 0.01 lots are great for that. Especially since asian sessions tend to get a wider range these days. Compared to 2011 and before at least.
Another thing that kinda baffles me is why all the "great traders" on all the forums do not have their signal available at zulutrade or another trade copy service. I mean the top system there has 24M USD following him. That is a couple of thousand bucks in his pocket (commission) per trade executed.
They never published the detailed numbers, but they had an ad to get more traders in : "Our top provider, reached 1M USD in total commission, why not you?" Or something close to that.
Who can say hey wouldn't want that kind of money? And there is no extra work to do.
Unless you have your own hedge fund, if you trade for the money, why not making even more via commision?
In a way that kinda shows that there are not many large winners here. 99% of the winning account statements published are demo...
I'm probably just not good enough, but tight SL get hit every time more or less.
I traded inside bar for a long time and asian breakout also, but always with a SL quite a few pips larger than most will recommend. I just use smaller lots.
I think the super tight SL are more adapted to futures and commodities.
Anyway that is what works for me.
But I always try new stuff, to add weapons to my arsenal so to speak. 0.01 lots are great for that. Especially since asian sessions tend to get a wider range these days. Compared to 2011 and before at least.
Another thing that kinda baffles me is why all the "great traders" on all the forums do not have their signal available at zulutrade or another trade copy service. I mean the top system there has 24M USD following him. That is a couple of thousand bucks in his pocket (commission) per trade executed.
They never published the detailed numbers, but they had an ad to get more traders in : "Our top provider, reached 1M USD in total commission, why not you?" Or something close to that.
Who can say hey wouldn't want that kind of money? And there is no extra work to do.
Unless you have your own hedge fund, if you trade for the money, why not making even more via commision?
In a way that kinda shows that there are not many large winners here. 99% of the winning account statements published are demo...
