Yup. I am the lazy type trading forex. I paid people to program mt4 martingale ea for me. I don't like off the shelf ones as I want to control every input parameters. After that, just put money into the account and attach the ea and wait to collect ...

Cable Update (GBPUSD)

Actually when you close your trades with losses, you are in a way afraid of them. What I am doing(keep holding the losig trades), in fact is the way you are describing.

Cable Update (GBPUSD)

For now is a bit annoying but nowhere stressful considering I have hold on to floating losses of 30000 or so. By the way I have other accounts running too.

Cable Update (GBPUSD)

I know this, that's why I put 6000 to hold 0.49 lots and just wait for the price to recover. If not enough will put some more inside to hold the trades.

Cable Update (GBPUSD)

I think so too. Weekly view, can see now is at the 2nd leg of the double bottom. Which is going to retrace upwards soon.

Cable Update (GBPUSD)

Back to my 6000 account. It has withstand 600 pips from the 1st trade. I will just leave this account account alone and see when it will recover with profits.

Cable Update (GBPUSD)

Correct. Forex is very simple to trade. Just remember, what goes up, must come down.

Cable Update (GBPUSD)

I don't use stop loss and by doing so, won't have losses. Anyway I am trading with money earned from forex. Just to brag a bit.. image

Cable Update (GBPUSD)

6000 to hold 0.49 lots is small account?

Cable Update (GBPUSD)

image image This account is real and is standard account. These trades have been opened for 1 month and haven't recovered. I think not many people traded GBPUSD and since I have such big lots (total 0.49 lots), when I don't sell, the gbpusd ...

Cable Update (GBPUSD)

END of downtrend for GBPUSD.

Cable Update (GBPUSD)

Euro and gbp, the 2 limping brothers.

EURUSD

Euro and GBP trying to outdo each other, see who is the weakest.

EURUSD only

Follow the trend as it is your friend until the sell trend stops and all the bears are trapped.

Cable Update (GBPUSD)

Previously no recession, that's why when bitcoin drop, it will rise even higher. Now with recession, everything changes. Who will pump bitcoin this time.

Are bitcoin owners making a crypto-exit?

Cannot work. The reason is spreads. If zero spreads, maybe got a chance.

if 99% fail why not reverse what we trade

Another day of dumping for GBPUSD

Cable Update (GBPUSD)

Should look at EURGBP usually a stable pair which normally moved 60-70 pips/day, today already moved 93pips.. Maybe they are celebrating Boris Johnson departure?

Cable Update (GBPUSD)

Today only moved 67 pips.... yawns

Cable Update (GBPUSD)

Already dropped 30pips since New York session opened 1hour ago. Next hour another 30 pips or more. Will continue to drop and collect pips. Who says forex is hard to trade?

Cable Update (GBPUSD)