No complex system indicators just pure simple trading.
- | Commercial Member | Joined Aug 2014 | 3,825 Posts | Invisible
there is always, always another trade!!
- | Commercial Member | Joined Jun 2010 | 412 Posts
5 pips =-9.7%? 27 pips for margin call, maybe 50 before final game over. This is rather Sniper without patience, but with ultra high risk/leverage on each trade... But good luck anyway!
Holy Grails! Do exist with a proper forex plan
- | Commercial Member | Joined Mar 2012 | 747 Posts
Well people who don't want to risk any thing they should not come to Forex its very risky we all know that.
I also understand what you are doing scalping high risk trades leveraged to gain massive profits quickly, because I used to do that myself.
I have in the meantime relaxed some aggressiveness in my strategy, widened my TP and incorporated a SL.
BUT, if this is your trading style you should stick with it no matter what other say
Trade Safe!
- | Commercial Member | Joined Oct 2012 | 778 Posts
{quote} I agree with you - this is a risky business. I also understand what you are doing scalping high risk trades leveraged to gain massive profits quickly, because I used to do that myself. I have in the meantime relaxed some aggressiveness in my strategy, widened my TP and incorporated a SL. BUT, if this is your trading style you should stick with it no matter what other say