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- daxbuto replied Nov 14, 2019
Just beware that there are some restricted events that you can't scalp. Notably important major economic news. You can't take a trade from 5min before to 5 min after the event. You must follow "Real market conditions" as well. More information to be ...
- daxbuto replied Nov 13, 2019
I have a low win rate, because since I use a high SL, usually trades that were in drawdown, I would close them in very small loss or near break even. I only took 1 big loss of 540$. My biggest drawdown was 1700$ (1.7%). That is why I always tell ...
- daxbuto replied Nov 13, 2019
Never risk more than 1-2% of your total balance on at least a -50 pips SL. This means, if your trade goes against you -50 pips, you only lose 1-2%. Take full profits at +50 pips (2% profit), and always put SL at BE when you are passed +25 pips. ...
- daxbuto replied Nov 12, 2019
I finally successfully completed my challenge. I strongly believe it is possible to do so with excellent risk management. That is the best and probably the only way to do so. Mi win rate is 36%, but my average RRR is 8.5. Which allowed me to ...
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