Morning GU Loss UJ Win

Meditations on Extremistan - Nassim Taleb

Almost 1000 pips, What a move! Stairway to heaven...

Gold

Fire ▄︻デ══━一 Range 3 Short USD/JPY, 1 unit 65 pips, 0.5%

Meditations on Extremistan - Nassim Taleb

USD/CAD hit TP (Forgot Red News ) EUR/USD hit BE +1

Meditations on Extremistan - Nassim Taleb

Fire ▄︻デ══━一 Range 3 Long GBP/USD, 1 unit 39 pips, 0.5%

Meditations on Extremistan - Nassim Taleb

Fire ▄︻デ══━一 Range 2 - Range 3 Long EUR/USD, 1 unit 44 pips, 0.5% Short USD/CAD, 1 unit 38 pips, 0.5%

Meditations on Extremistan - Nassim Taleb

Don't forget to read the entire thread and get plenty of practice in demo before engaging in live trading or using a prop firm demo.

Meditations on Extremistan - Nassim Taleb

Close the shop exactly 5 minutes before the red news... Lel

Meditations on Extremistan - Nassim Taleb

EUR/NZD Hit TP. Beauty! Meanwhile, the market goes crazy, all spikey-spikey — Boom! Always use a stop loss. It's a must!

Meditations on Extremistan - Nassim Taleb

Today a contest to hit BE +1 Lel

Meditations on Extremistan - Nassim Taleb

Fire ▄︻デ══━一 Range 2 Long EUR/JPY, 1 unit 64 pips, 0.5%

Meditations on Extremistan - Nassim Taleb

CHF/JPY hit BE+1

Meditations on Extremistan - Nassim Taleb

EUR/AUD entry was too far from the Dragon’s convex curve, so trade hit BE+1, before turning north. EURNZD trade still running Fire ▄︻デ══━一 Range 1 Long CHF/JPY, 1 unit 59 pips, 0.5%

Meditations on Extremistan - Nassim Taleb

Honestly, when it comes to day trading, I never really pay attention to those factors. Even during what you might call an "orange swan" event, like the one Trump created with his tariff regulations. However, for those who trade on a monthly basis, ...

Gold

Theoretically and in terms of risk, today went well — let’s say if the buy zone in the yellow-circled area, it would have yielded 191 pips (573/3). Sometimes it works quite well, but what’s the win rate over a month, from every entry we make? That’s ...

Gold

Fire ▄︻デ══━一 Range 1 Long EUR/NZD, 1 Unit 86 pips, 0.5% Long EUR/AUD, 1 Unit 93 pips, 0.5%

Meditations on Extremistan - Nassim Taleb

Yeah, sorry, I forgot to mention it — the ADR/ATR is based on a 21-day period because on average, we trade around 21 days in a month, and that’s because we are Scalpers or Day Traders. Then we move on to the risk we’re going to take today. For ...

Gold

Well, the range is 571, but the price only moves by about 236 points at max, so volatility decreases. That's why I always opt to use only 1/3 of the ADR for my TP or SL.

Gold

Lost both trades. Today has been quite tough.

Meditations on Extremistan - Nassim Taleb

Fire ▄︻デ══━一 Range 2 Long GBP/NZD, 1 Unit 88 pips, 0.5% Long EUR/USD, 1 Unit 43 pips, 0.5%

Meditations on Extremistan - Nassim Taleb