I agree with you,but the point is to increase the risk as much as possible.

a basic trading rule may be the cause of our trading losses

That's what i was doing ,but starting Monday it'll be 7% at the same price 0.06 lot. But i was doing it like that : My system tells me to buy price 1.52,so i enter a position with 5% ,later before price will go straight in profit,most of the time ...

a basic trading rule may be the cause of our trading losses

My position will be closed partially with 2XSL ,3XSL ,4XSL depending on the SL, 15pips is different than 30 pips 30 ,but i move my SL gradually every time it moves in profit.

a basic trading rule may be the cause of our trading losses

quote=fxnow Calculating my risk with percentage and different stop loss for every trade lead to a lot of trading confusion in my first 2 days of trading. As my stop loss range from 15-30 pips ,so average 22.5 pips. So 7% risk =21$ ,SL 22 pips ...

a basic trading rule may be the cause of our trading losses

[quote=GDR3k;8863139]Those 3 consecutive losses, can you screenshot them from your MT4 history? black out everything except time, type, symbol, price, SL and TP quote=fxnow Calculating my risk with percentage and different stop loss for every trade ...

a basic trading rule may be the cause of our trading losses

Thank you GDR for your feedback. No my trading style has nothing to do with highs and lows Could you be more clear why you think it's not working?is it because of 20% drawdown in 2 days?kindly notice that i'm risking 7%/trade,and this drawdown is ...

a basic trading rule may be the cause of our trading losses

I ain't sure if i understand exposure correctly ,but i don't think it'll work for me ,as i try to keep my SL as small as possible. And i tried to do my home work in the last 2 months ,so the maximum consecutive losses for the pair i trade from ...

a basic trading rule may be the cause of our trading losses

Glad to know that you find it doable Donald ,but my risk percentage is 7% as the account is very small 300$ not 5000$ ,and i hope that 'll satisfy my greed.

a basic trading rule may be the cause of our trading losses

Calculating my risk with percentage and different stop loss for every trade lead to a lot of trading confusion in my first 2 days of trading. As my stop loss range from 15-30 pips ,so average 22.5 pips. So 7% risk =21$ ,SL 22 pips ,1pip=1.5$ Fixed ...

a basic trading rule may be the cause of our trading losses

Good Luck and best wishes.I hope you can do it.

I want to make you rich and I am going to give you $1000

Hi aider,sorry to know about the ban in India.I repeat in my post, i spoke in general ,not about you ,and i think Demo account is acceptable to show a track record for non commercial purpose .10-20% monthly profit is great results. For me i'm trying ...

I want to make you rich and I am going to give you $1000

Hi Varun,thanks for your reply. When you are giving advice on the forum ,sharing a signal or a free system ,and of course when you are selling a service like teaching or managing accounts ,you are obligated to show people your track record by third ...

I want to make you rich and I am going to give you $1000

Hi Aider,in my reply to signafx 's post ,i was speaking in general ,not specifically about you .Good Luck

I want to make you rich and I am going to give you $1000

Thank you for your help offer and for the new helpful posts.As i mentioned before in one of my earlier comments , lately i was thinking of fixing the problem using the same problem,so i am trying to adjust my trading plan to risk 5-7% of the account ...

Emotion - the biggest weakness of the trader

I also find it funny that 95% of FF Gurus willing to share a photo of their account statistics ,but always refuse to share a FF trade explorer,or myfxbook link. T

I want to make you rich and I am going to give you $1000

Thanks for your advice,which i think is a very good one.unfortunately my trading strategy dictate watching the market as SL and Tp has to be managed frequently (depending on TF ,that i trade)according to PA,otherwise it would be an excellent advice.

Emotion - the biggest weakness of the trader

Thanks jtimini for your suggestion , i tried it before , still the same psychological problem ,after days or a week ,if price is going your way 10 pips ,why stop?why not only more 5pis ,or wow it could go 50 pips?and why not 0.1 and make 10%?just ...

Emotion - the biggest weakness of the trader

Thanks Jene,but greed is the reason i trade Forex,otherwise bonds or stocks are much better than trading the crazy Forex market.

Emotion - the biggest weakness of the trader

Thanks for the advice Rene. unfortunately i already know that 20% monthly is more than enough ,but after trading the new account for weeks ,it's difficult to control myself,due to my uncontrolled psychology . Lately i was thinking of an out of the ...

Emotion - the biggest weakness of the trader