Trade What You See Not What You Want To See
- #754,661
- Feb 6, 2013 4:06am Feb 6, 2013 4:06am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
- #754,662
- Feb 6, 2013 4:07am Feb 6, 2013 4:07am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #754,663
- Feb 6, 2013 4:08am Feb 6, 2013 4:08am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
my RSI was sitting nice at 31.5 took the long
nice one 
- #754,664
- Feb 6, 2013 4:09am Feb 6, 2013 4:09am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
...and it looks like perfect now
Trade What You See Not What You Want To See
- #754,666
- Feb 6, 2013 4:11am Feb 6, 2013 4:11am
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
that's simply not enough to trade with.
Now of course if the guy wants to make real money with a $100 account he's going to overleverage his account and go bust...at least that's the impression I got by him asking if risking 50% was acceptable. He's looking at it in dollar terms instead of % terms...which is of course bad
- #754,667
- Feb 6, 2013 4:13am Feb 6, 2013 4:13am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #754,668
- Feb 6, 2013 4:14am Feb 6, 2013 4:14am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
na finger on trigger buddy for SL not let it go below 28 TP 41.5
if it pops might give you much more then just 10 pips, imho
- #754,669
- Feb 6, 2013 4:14am Feb 6, 2013 4:14am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #754,670
- Feb 6, 2013 4:16am Feb 6, 2013 4:16am
I somewhat agree...at least if the goal is to make "real money". However, if you look at it in % terms it's of course viable, you just have to set sensible stop losses and never risk more than c. 2% of your account.
Now of course if the guy wants to make real money with a $100 account he's going to overleverage his account and go bust...at least that's the impression I got by him asking if risking 50% was acceptable. He's looking at it in dollar terms instead of % terms...which is of course bad
And look at it in the long term
- #754,671
- Feb 6, 2013 4:16am Feb 6, 2013 4:16am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
kool
Trade What You See Not What You Want To See
- #754,674
- Feb 6, 2013 4:21am Feb 6, 2013 4:21am
- | Membership Revoked | Joined Aug 2012 | 8,502 Posts
- #754,675
- Feb 6, 2013 4:21am Feb 6, 2013 4:21am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
long 31.5
Trade What You See Not What You Want To See
- #754,676
- Feb 6, 2013 4:22am Feb 6, 2013 4:22am
I somewhat agree...at least if the goal is to make "real money". However, if you look at it in % terms it's of course viable, you just have to set sensible stop losses and never risk more than c. 2% of your account.
Now of course if the guy wants to make real money with a $100 account he's going to overleverage his account and go bust...at least that's the impression I got by him asking if risking 50% was acceptable. He's looking at it in dollar terms instead of % terms...which is of course bad
(hihi it even rhymes).My main question was: How much do you use per trade in %%%
Cheers!
- #754,677
- Feb 6, 2013 4:26am Feb 6, 2013 4:26am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #754,680
- Feb 6, 2013 4:27am Feb 6, 2013 4:27am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
long 29.6
missed buy limit by 0,7 pip,come back! grrr