i am short all the way down to 1.04

EURUSD only

you did not say your tp, so do not know if scalping but for swing traders the price action is telling a horror story

EURUSD only

if you do not use SL, -make sure that you are not putting all your eggs in one basket, i.e. trade one one of your sub accounts with partial funds of your total capital. -know your pair well, and leverage accordingly. if trading usdchf, 3000 pips ...

Pro traders who do not use SL, What about Black Swans?

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The Wanderings of Tashkent

I am afraid my answer will not satisfy you because my understanding of things is a lot different than conventional approach. I think, if one has a system, it must also include that trader's psychological attributes, so I do not consider them 2 ...

Balance vs Equity

live TE. Everything else is either a scam or some kid needs attention.

Balance vs Equity

institutional traders (IF trade manually) also scalp and trade 1M, 5M and 15M charts. Actually, less percentage of them trade large TF. Most of the time, they have no open positions left by the end of the day. They also are technical traders, use ...

Profitable Trading

important point. the other important point is take it slow but consistently grow the equity. the winning ratio, pips won, the number of successful trades is BS.

EURUSD only

people always complaint they can't trade because market is in range, when it is trending then their charts tell them not to enter

EURUSD only

hi Zikri, your question seems so simple and straightforward but i am afraid my answer may seem extremely complex. the answer is, i do not have predetermined r:r because my initial entries are nothing but to test the waters. depending on how price is ...

I plan to quit forex!

the first thing comes to mind is indices are safer to trade, which means less volatile.

FX or currency index

i still would not use more than 1:2 leverage per trade with 50:1 limit.

I plan to quit forex!

what do you mean by "index"? i guess, stock market index...

FX or currency index

the 3rd update: took down one more pair - usd/try with 2.1% profit. would have hold longer but swap is crushing me. now it's turn for other losing pairs.

The Wanderings of Tashkent

yes and I would also would add to the list a solid understanding of trading philosophy, which should based on deeper understanding of market structure and mechanism. i toss a coin for my entries.

EURUSD only

good point. the next important question is how do you make money out of uncertainty?

EURUSD only

fair. but i also think just the fact that he posted his live te and made it public is worth acknowledgement no matter it is winning or losing. no need to bash him for this.

Trading Made Simple

can we see your TE?

Trading Made Simple

Monthly candles are usually useful to identify the fundamental direction. combining this with weekly and daily will always benefit the trader.

EURUSD only

closed some pairs after battle won, added to some, holding others, will send more troops at the right time to win the struggling pairs if necessary. Overall, i can now simply get out of the war with slight win.

The Wanderings of Tashkent