PVSRA Scalping with Cigarguy
- #2,062
- Mar 19, 2016 7:38am Mar 19, 2016 7:38am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Last one for this week- Long GU +4 {image}
Nice quick snipe as usual.......hit & run with minimum market exposure subject to retraces and whip saws......
Keep It Simple
- #2,065
- Mar 20, 2016 7:16pm Mar 20, 2016 7:16pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hello, cigarguy. Could you attach monitoring their trade in the topic? It would be very helpful to understand others and to see the success of your trade on this system and learn more details of the transaction (profit and loss) Regards.
Our Mission Statement is in Post #1, but for all to review;
Scalping PVSRA Mission Statement
As PVSRA traders we have never posted and nor will we ever post or ask for any account information. Some traders her trade demo's and/or live and we have no interest as to their account leverage or balances and trading micro, mini or standard as no one is therefore discriminated upon.
We are here as Traders Helping Traders with a proven system and pips, if either plus or minus indicates traders that are successful with the PVSRA system and those requiring additional help from other traders.
That is our MISSION, as we do post winners as well as losers not for bragging rights but to encourage new traders to begin the difficult but profitable journey of learning PVSRA and becoming successful as those that have already committed and dedicated themselves to this learning process and now reap the benefits of their dedication and hard work........
Reference; Page #1, Post #3
I do ask that ALL TRADERS HELP MONITOR THIS THREAD so it does not get out of hand with lurkers dropping by and posting non-PVSRA system trades and non helpful comments. I will be here posting often as usual but not always and all must follow the FF Rules as to their conduct and language. We must all treat fellow traders with respect and encourage not discourage posting activity. Any references to profits and losses will be discussed in pips not money or account sizes/balances. All traders shall be respected equally with no regard to their lot size trades.
Stay GREEN My Friends!
Cigarguy
Keep It Simple
- #2,066
- Edited Mar 21, 2016 1:30am Mar 20, 2016 7:36pm | Edited Mar 21, 2016 1:30am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hi Cigurguy, Tell us something about SL or when u cut losses please
In most cases, I set my EA for a 5 +/- pip t/p to close the trade and visually manage each trade only setting a emergency stop of approx. 20 pips in the event of a system failure or internet issues. If PA immediately goes against me ie., retrace/pullback, I will quickly re-evaluate per PVSRA rules and decide rather to close or withstand a small retrace with PA continuing towards my t/p or possibly cut losses with a mental stop of approximately 5 pips.
In most cases, not all of course, if all PVSRA conditions are met for entry with strong momentum, losses are seldom or small. Each trade is of course different and must be managed by the trader based on the current PVSRA evaluation and the traders experience...........
Keep It Simple
- #2,073
- Mar 21, 2016 4:07am Mar 21, 2016 4:07am
The operation of god as a successful example, the example of failure?
To the other person who asked to see more details of profit and loss. Two traders make the same profit of 10 pips. But one makes $100 per pip and the other makes 0.10 cents per pip. Will that really help you in trading knowing that info? Same goes for losses. No, it is useless information. Pips are pips, regardless of dollar amount.
It is very easy to check ANY trading system, especially the popular ones either here in FF or anywhere for that matter. If you follow the rules strictly of any system, you should be profitable in just two days max. If you are not, then the system is not worth looking at, or maybe it is not for you. That's what I do.
You should be busy evaluating the system more than anything.
In other news: A ranger was trapped between a bull and a bear
{quote} This by no means is directed at you, but to everyone who wishes to see failed trades. Instead of asking others to show failed trades, why not learn the system, do a couple of trades and post your failed trades? After all, I think we all agree it is easy to lose a trade than win it
Hope is a perfect system, how to determine the direction and position, goals, and buying and selling point? 1 minute short easy broke.
- #2,075
- Mar 21, 2016 4:32am Mar 21, 2016 4:32am
{quote} how to determine the direction and position, goals, and buying and selling point? 1 minute short easy broke.
Sonic R + PVSRA will require at least a couple of weeks of reading (if not more). If you dont like that, or dont have time, I suggest you find a system that is very simple with just one indicator and basic price action. A very popular one was "jankone m5". Look it up. Learn it, trade it.
In other news: A ranger was trapped between a bull and a bear
{quote} That tells me you have not bothered to read the sonic thread, or the one by TAH. You have to do your homework. If you dont know how to determine direction, you should not be reading trading systems, you should be reading babypips.com Sonic R + PVSRA will require at least a couple of weeks of reading (if not more). If you dont like that, or dont have time, I suggest you find a system that is very simple with just one indicator and basic price action. A very popular one was "jankone m5". Look it up. Learn it, trade it.
