Anyone use recovery?
Don't be shy, post here so we can change our ideas....
REGARDS!
Don't be shy, post here so we can change our ideas....
REGARDS!
GBP/USD +16.3 pips RECOVERY 3rd stage....!
Finally Cable break throught and I closed whole cycle at Cable!
This is great example when most people lose when expect breakout and PA give false breakouts with nasty wicks and back to the range...So from psyhological aspect everybody was expecting pullback down after such a long move but nobody knows when....If you want to catch it you must be in it,but after around 10 trading days with choppy period market creates fear and after some losess most of traders are terrified to enter and lose again...
...with this great trading plan I didn't scared,was determined to close this cycle so now I can start all over again from begin!
Now you can see why it is good to have lower pips target because price must move somewhere and when we are with 3 4 or 5 stage we need only 20-30 pips! GREAT isn't it?
REGARDS!
Finally Cable break throught and I closed whole cycle at Cable!
This is great example when most people lose when expect breakout and PA give false breakouts with nasty wicks and back to the range...So from psyhological aspect everybody was expecting pullback down after such a long move but nobody knows when....If you want to catch it you must be in it,but after around 10 trading days with choppy period market creates fear and after some losess most of traders are terrified to enter and lose again...
...with this great trading plan I didn't scared,was determined to close this cycle so now I can start all over again from begin!
Now you can see why it is good to have lower pips target because price must move somewhere and when we are with 3 4 or 5 stage we need only 20-30 pips! GREAT isn't it?
REGARDS!
...
You see how easy it can be and how stress free could play important part in mental process of trading even in shitty days like today....
You can even enter in trade when news approaching in earlier stage of money management...
And you control all risk....
If you stuck in 1 pair like 5-6 add (althought throught this testing phase never happened),on other pairs you can small Draw Down....
Till now I entered in 35 trade according to statement and the worst recovery stage was 3....
Regards!
You can even enter in trade when news approaching in earlier stage of money management...
And you control all risk....
If you stuck in 1 pair like 5-6 add (althought throught this testing phase never happened),on other pairs you can small Draw Down....
Till now I entered in 35 trade according to statement and the worst recovery stage was 3....
Regards!
GBP/USD +10.5 pips and RECOVER stage 2 and 0.63% on account....now starting again with this pair!
I close this position wirh 13.6 pips but stupid broker didn't let me close it take 3 min to close
....even on demo account!
AUD/USD is the only pairs that need to be recovered when opportunity arrive...next stage is stage 2...EASY and SIMPLE
Regards!
I close this position wirh 13.6 pips but stupid broker didn't let me close it take 3 min to close
....even on demo account!AUD/USD is the only pairs that need to be recovered when opportunity arrive...next stage is stage 2...EASY and SIMPLE
Regards!
HINT:
If you have great opportunity and AAA +++ trade you can enter with stage 2 right away to get more % on account and if you lose next stage would be stage 3 and still 8 pips to recover because you don't suffer draw down from stage 1....
You can play with you positions be creative and still make money with stress free trades....Think about it!
I made many mistakes during this week,and for my strategy week was very hard but here I am and making positive equity without to much DD...will post result at the end of the week....
You have edge here,you can fu....up them...you can lose battle but you will win war at the end!
Be casino not gambler and do it clever....
Sometimes i am very aggressive in trading because this plan allow me this,i don't have to always be so discipline and patience as long as it make sense!
In this plan i can do the revenge trade,not a problem...reverse psyhology and they told me that I can't do none of this if I wanna be succesfull...
SUCKERS!
Regards!
If you have great opportunity and AAA +++ trade you can enter with stage 2 right away to get more % on account and if you lose next stage would be stage 3 and still 8 pips to recover because you don't suffer draw down from stage 1....
You can play with you positions be creative and still make money with stress free trades....Think about it!
I made many mistakes during this week,and for my strategy week was very hard but here I am and making positive equity without to much DD...will post result at the end of the week....
You have edge here,you can fu....up them...you can lose battle but you will win war at the end!
Be casino not gambler and do it clever....
Sometimes i am very aggressive in trading because this plan allow me this,i don't have to always be so discipline and patience as long as it make sense!
In this plan i can do the revenge trade,not a problem...reverse psyhology and they told me that I can't do none of this if I wanna be succesfull...
SUCKERS!
Regards!
