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niks replied Dec 30, 2022sorry to hear, especially since it was in profit, two very important lessons i agree, always take profits, and don't ever trade while distracted
M1 Countertrend Scalping Strategy
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niks replied Dec 30, 2022you must be from the 1% club, phenomenal results!!! thanks for sharing
M1 Countertrend Scalping Strategy
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niks replied Dec 30, 2022can you please show some of your trades on a chart and present them here so we can get a feel for your style?
M1 Countertrend Scalping Strategy
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niks replied Dec 30, 2022thanks, that's a tough one to speculate, only a live reaction would provide the answer - if anything, i would of bailed at some point and reversed direction to ride the rest of the move up to make up the loss, so possibly BE in the end
M1 Countertrend Scalping Strategy
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niks replied Dec 30, 2022hello, your are correct here we discuss only the basic version of KoF EMA (and an adaptation of KoF 1%) and some here are adapting it their own way and some are still learning it, the DD examples are our worst trades where we focus our attention for ...
M1 Countertrend Scalping Strategy
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niks replied Dec 30, 2022yes, only the M1 timeframe for me please give me some time to search my history for examples you have asked for and i'll get back to you
M1 Countertrend Scalping Strategy
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niks replied Dec 30, 2022hi, thanks for asking, well in this case it didn't go down further without large retracements so i'd be speculating what my actions would be if it did. anything can happen in a live environment and the situation would of been handled accordingly i ...
M1 Countertrend Scalping Strategy
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niks replied Dec 29, 2022right now, i think i've been in the spa long enough, my skin is getting wrinkly! commission covered plus small profit, good enough, tp's will get hit, just wasn't sure when and its bedtime! i hope that helps anybody wondering how i handle tough ...
M1 Countertrend Scalping Strategy
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niks replied Dec 29, 2022well, it is still going, here is a tough choice to take profit and refill or wait to break this high just a little bit more to close all orders?! image
M1 Countertrend Scalping Strategy
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niks replied Dec 29, 2022thanks for the feedback, yes, most certainly using the original without variation other than having to be a lot less aggressive due to very restrictive leverage of 30:1, so i'm unable to work out of a tough trend at the pace i'd like, ideally within ...
M1 Countertrend Scalping Strategy
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niks replied Dec 29, 2022thanks for the support and am looking forward to sharing my experience with trading the KoF EMA yes, ideally we want to avoid tough trends, and we should do our best to do so, however we will get caught in more than one and dealing with it in the ...
M1 Countertrend Scalping Strategy
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niks replied Dec 28, 2022thanks for your effort, if you provide the code i can convert to mq5
M1 Countertrend Scalping Strategy
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niks replied Dec 28, 2022thanks you for the support... i'll be glad to i use KoF's recommended lot sizing, so i started a bit under 20k and 0.2 lot size, when I got to 30k, then moved on to 0.3 lot size, now that i'm on 40k, i'm using 0.4 lot size when starting out with ...
M1 Countertrend Scalping Strategy
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niks replied Dec 28, 2022it will be my pleasure Abade, I'll share my worst trades, the ones that cause me the most angst, as i think they are the ones everyone here is interested in and provide most value, of course, every now and then i'll show some good ones like this one ...
M1 Countertrend Scalping Strategy
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niks replied Dec 28, 2022thanks for the support Abade and starting this thread to gather everyone's thoughts on the mystical KoF! giving up? far from it! everyday is an improvement, stomaching and managing drawdowns is essential... i've been using KoF EMA strategy since mid ...
M1 Countertrend Scalping Strategy
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niks replied Dec 28, 2022thanks for the tip Abade... unfortunately, when entering every opportunity, these skyscrapers or pits of hell are inevitable, and as hard as one tries to filter them out, they will still be encountered, the more you go through, the better you get at ...
M1 Countertrend Scalping Strategy
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niks replied Dec 28, 2022the best way to learn is to throw yourself in the deep end and work your way out of it (on a demo of course), enter a tough trend and find your style of working out of it, "trade each situation accordingly"! it all depends on your risk tolerance and ...
M1 Countertrend Scalping Strategy