DislikedHey friends, one question: What do you do, if you have too much good trading setups? Do you trade them all? Most times of course we waiting for good setups and do nothing, but sometimes, like today, we get more than 5 ggod setups. We have today grate pinbar on USDCHF, USDJPY, EURUSD, a Engulfer with pinbar on GBPUSD and so on. The problem is, that mostly in such cases the reason for the good setups is the same move. In other words, IMHO wether nearly all trades will give us good profit or all will be loser. So what to do? Do you trade all setups...Ignored
If you want to risk lets say 1% of your account and if you think all trades will result in a profit / loss you could choose to put all your money on the best set up. Or you could divide the risk of this 1% over the set ups you mention. Like I said to myself in my analysis "Its your choice".
What if 10 people here were saying: "I trade two of them." What would you do? And if these two pairs did not work out profitable, who would you blame for that?
Well, maybe this is not an answer to your question. I think on this question no right answer can be given because it all depends on you, your situation and you choices.
For me, not meant to be rude, I like questions on the strategy and discussing setups.
Posting Demo charts, mirroring some of them live.
