Quick Cash System

#21
Apr 14, 2014 11:50am Apr 14, 2014 11:50am

rahuld147
| Joined Mar 2014 | Status: On the way to turn profitable! :D | 22 Posts

Quoting SeekingLight

Disliked

{quote} Please, do not trade this. Risking the complete account(no stop loss) to get 5 pips is NOT a way to approach trading even remotely.

Ignored

I too agree with you!
this seems to be very risky bargain...

#22
Apr 14, 2014 12:22pm Apr 14, 2014 12:22pm

Forexgogo
| Joined Feb 2010 | Status: Trader | 1,032 Posts

Quoting shiva

Disliked

Method 1) Open long & short with TP = 5, SL = 0 (zero, thats not a typo) 2) Wait for TP on both positions.

Ignored

I like it a lot!! This is exactly my type of trading!!

I love this method in term of entering both short and long at the same time.

How about this?
(1) You enter both short and long at the same time WITHOUT SL.
(2) When one of the positions gains 500 pips, you close that position.
(3) You wait to see how much the remaining position comes back to the entry point.

This is a good one, too! hahaha