I had to go out earlier and came back to see this.
I just have to laugh when I see a level I mark off runs for 40....
And I'm not in it!
I just have to laugh when I see a level I mark off runs for 40....
And I'm not in it!
Day Trading vs. Swing Trading vs. Position Trading 86 replies
DislikedI see a lot are using 1 min to scalp. this is find . But others that may try and follow might find themselves in dire straights doing that. it is so easy to look for the next level and justify moving your stop just a bit more on a 1 min chart. It is very important to follow a plan trading that fashion. Then u could even say hay the 5 min has a level only another 10 away. and so forth.Ignored
DislikedDear KL, first of all, thank you very much for your nice thread, and a lot of job you are doing here!
Could you inform if you consider D/S zones which were created and broken by huge candles, or its also possible to consider zones which were broken by "usual" - not so long bars?Ignored
DislikedIf u can please post the question in a chart Not sure of the query
Broken zones make me think of failed areas which we can look for swap lines
But not understanding usual or huge .. ..Ignored
DislikedIgnored
DislikedThis is why I stress about using aggressive trade management. I cut my losers fast (luckily not many) and get to break even as soon as I can.
I try to let my winners run with a trailed stop but sometimes I miss out on a runner.. I'm ok with that. It's all about account preservation foremost.
I don't want to see anyone on here losing money since there is no need to.Ignored
DislikedHi C12
Thanks for sharing your approach. I am going to demo something similar in between my higher t/f trading. I would be very interested to know your average R result and your win%...maybe a quick synopsis of your last 20 trades for example? I like your entries and even though you say your trade management is aggressive...to me it just looks smart beacuse you are waiting for swings or SD levels to form to hide behind. Good stuff.
thx
LIgnored
Dislikeddont you just love these ones that miss your limit orders by 0.5 of a pip... the joys of trading heyIgnored
DislikedHave a similar one sitting on e/u .. But left it there next test bit higher .Ignored
DislikedLol had the exact same limit there as well checking my trades this morning, missed it by 1 pip or so.. A part of me wants to leave it but another part says I should delete it.. In such a case where it misses by so little is your stop a bit wider on the next attempt to allow for some more room to move higher into supply?Ignored
DislikedMight slide it up, make them come to me and lower risk
1.2817 is looking pretty good thoIgnored