Its interesting perhaps I should just post on my Confluence Trading thread where we got bright people to trade exchange ideas with.
I don't have to explain myself but since they are lot of assumptions might as well put it in open.
Rookie is someone not realizing pip count means nothing! 400pips could be $50,100 200 10k etc.Rookie is telling another trader pair is unpredictable as though anything in trading is predictable!
My average single trade is over 100pips! I usually trade over 10 positions.You do the math.
Cutting losses is part of trading!I have cut my losses on numerous times in fact I don't feel emotional about it.Difference is I let my winners run.
If I needed trading consultations from simpletons I would of put that in open!
That's all.
I don't have to explain myself but since they are lot of assumptions might as well put it in open.
Rookie is someone not realizing pip count means nothing! 400pips could be $50,100 200 10k etc.Rookie is telling another trader pair is unpredictable as though anything in trading is predictable!
My average single trade is over 100pips! I usually trade over 10 positions.You do the math.
Cutting losses is part of trading!I have cut my losses on numerous times in fact I don't feel emotional about it.Difference is I let my winners run.
If I needed trading consultations from simpletons I would of put that in open!
That's all.
In trading, you have to be defensive and aggressive at the same time
! long at 1.1280 and 1.1380 the rest were closed at BE thankfully! I'm a bit shaky to be honest I'm going long in smaller lots and taking maybe 20 pips here and there to try and basically make the trade a 'BE' trade. Another piercing of 1.12 and I may just have to close all positions with a hefty loss but I'm doing my best to lighten the loss. Hopefully the RBA increases rates tonight 
