Each losing trade is an opportunity to learn
Alpari demo account, is it in real real time? 26 replies
My last journal (I'm for real this time) With live calls. 6 replies
DislikedSo far there are 3 open trades:
Long AUD/NZD at 1.0460, 26 pip stop.
Long GBP/JPY at 184.60, 48 pip stop.
Long GBP/CAD at 1.9300, 47 pip stop.Ignored
DislikedHi EarnPipsNow, Congratulations on sharing your thoughts and sellections....You are indeed a brave Man !!!!! Preservation of ones capital is paramount...I have blown several accounts over the years so I speak from the Hip Pocket. Regardless of the success or failure of your selections their will be people who will be critical of your views and this is why I have never posted a screen shot or system. I wish you great success. RonaldIgnored
Disliked{quote} Thank you for your kind comments, Ronald. And you are absolutely correct, money management is the key to success (assuming the trader's system has a mathematical edge). For example, take the most highly profitable (backtested) system and allocate 50% of your trading capital to each trade and you will ALWAYS, ALWAYS blow up your account sooner or later, no matter how rich you are! Cordially.Ignored
Dislikedif you have been trading for a considerable amount of time why cant you show it now??Ignored
Dislikedmy trading history and percentage of growth is open. my system works well but im always open to help and learn...Ignored
DislikedLong GBP/AUD at 1.9570 (limit order), 57 pip stop. GBP/AUD is currently about 25 pips above that price. This will be the last trade order for today.Ignored
Disliked{quote} Stop has been moved to break even, if the GBP/AUD price touches 1.9570 (the initial selling price) this position will be closed. There is no point arguing with the market, this position is obviously not behaving the "right" way, for the simple reason that winning trades rarely spend that much time in the "danger zone", the "danger zone" being that zone between your entry point and your stop.Ignored