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niks replied Jan 22, 2023the best way to minimise drawdown and risk is to acknowledge each and every time a trade is wrong and exit to get ready for the next trade image not being greedy is also advantageous to risk management image just be patient image and believe ...
M1 Countertrend Scalping Strategy
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niks replied Jan 22, 2023its a logical approach and can be applied both ways for forex i'd say - certainly one worth considering for trend trade setups, i think the aud presented a perfect example of that this morning image
M1 Countertrend Scalping Strategy
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niks replied Jan 22, 2023wish i was confident enough to trade the trends, both eur and aud are moving up strongly, i'm on the sidelines atm, normally the case for monday morning asian session, gets better once europe kicks in just want to throw this in, if people really ...
M1 Countertrend Scalping Strategy
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niks replied Jan 22, 2023no problem chris, we all search for the right solution - i've been searching since 2009 one or two hours a day after work every day, mostly learning, then started trading full time live just over a year ago starting with ea's, then watched a couple ...
M1 Countertrend Scalping Strategy
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niks replied Jan 22, 2023hello chris, here's my response to the three problems you have acknowledged 1\ nobody knows if its a peak in advance, that is impossible, the market is ALWAYS uncertain 2\ you need to continue working on your risk management and trading psychology ...
M1 Countertrend Scalping Strategy
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niks replied Jan 21, 2023thanks for the mark-up Abade, i agree with how you read it, i had a profit opportunity on the third circle and didn't take it but knew i should of, greed kept me in that trade longer than i needed to be and that can turn out to be very costly in a ...
M1 Countertrend Scalping Strategy
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niks replied Jan 20, 2023firstly, wish you all the best cliffjaded on your live journey, looked like a rough start, hopefully it gets better from there i agree completely with your sentiments hammertop and it sounds like you understand how the system should work very well, ...
M1 Countertrend Scalping Strategy
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niks replied Jan 19, 2023Hey Chucun, i think its paid, see this: url just tried to play another game of "catch this both ways", didn't work this time! image
M1 Countertrend Scalping Strategy
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niks replied Jan 18, 2023profit is profit, no matter how little, it all adds up! image it's the big ones that make you feel good though image "catch this both ways"! i like that game too! the second order suffered slippage and should of been lower, oh well... image
M1 Countertrend Scalping Strategy
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niks replied Jan 17, 2023appreciate the comment Chucun, and agree with your analysis, i immediately went into counter trade mode to try and recover it once it broke ema50 instead of closing which would of ended in a similar result but with a lot less pain! honestly, i was ...
M1 Countertrend Scalping Strategy
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niks replied Jan 17, 2023feel free to fire it up and explain what this is about?!
M1 Countertrend Scalping Strategy
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niks replied Jan 17, 2023how did that turn out? was it counter trend? i tried my first live trend trade today, didn't go well, took a small loss, still much to learn! image the worst time to exit i know! but i had to pay for my mistake made it back plus some with my ...
M1 Countertrend Scalping Strategy
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niks replied Jan 16, 2023in this video Kof says the following: video image dues anybody know where i can find the video of him closing the trades?
M1 Countertrend Scalping Strategy
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niks replied Jan 15, 2023the original idea and the author himself will never go backstage in my opinion, only those who are unable to execute it correctly will be backstaged here's another hint for filtering early trades, don't counter trade during a strong or emerging ...
M1 Countertrend Scalping Strategy
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niks replied Jan 15, 2023hi, here's couple of thoughts, the strategy is a good match but needs to be applied differently to how it is being discussed here for it to be successful according to the author - and yes this is discretionary trading which requires you to be glued ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023thanks Abade, good to hear from you! i would say you are 100% correct - running these setups and watching them live is where my focus lies while scraping in a living on the counter trend setups which i'm feeling quite comfortable with at the moment, ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023i think i'm doing this wrong, but it feels right at the moment with only 30:1 leverage instead of averaging up, i'm averaging down when following the trend, this was my third attempt following on from my first, my second failed due to greed and ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023ok, that explains it - no, i do not have either of KoF's strategies, but i understand what you and chhico are doing, however will not follow blindly somebody who does not show their drawdowns and losses which is where the real value would be in ...
M1 Countertrend Scalping Strategy