Hello,
1. I have not seen many traders talk about Hedge instead of Stop Loss and then start to unwind position once market goes in your direction... it has to at some point
2. Also low leverage... I don't think people understand this... high leverage is not used properly and is only in the brokers favour... otherwise why would they offer it? What you telling me that it is in your interest? Low leverage they will drain your account slower.
3. I think risk management and market exposure is the key to successful trading.
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Look at price and either go Long or Short ... I think you can be profitable with little MM.
I am going to open a demo account tomorrow and link it to this thread to show you... as a simple exercise I am going to use high leverage and take profit at a low level to show how possible this is, so therefore I am not using any other way of reducing my risk, exposure and no stop loss. No real MM.
TO THOSE STUPID ENOUGH AND DO NOT HAVE THE ABILITY TO PROCESS WHAT IS WRITTEN, YOU'LL BE SURPRISED HOW MANY PEOPLE THERE ARE THAT CANNOT DO THIS, IGNORE WHAT I HAVE WRITTEN ABOVE THE LINE... LOOK AT THE BIT IN RED, AT PRESENT WE ARE JUST GOING TO DO THIS.
PLEASE DO NOT MISCONSTRUED WHAT I HAVE WRITTEN AND I WILL BAN MEMBERS THAT ARE DISRUPTIVE... YOU'VE BEEN WARNED.
1. I have not seen many traders talk about Hedge instead of Stop Loss and then start to unwind position once market goes in your direction... it has to at some point
2. Also low leverage... I don't think people understand this... high leverage is not used properly and is only in the brokers favour... otherwise why would they offer it? What you telling me that it is in your interest? Low leverage they will drain your account slower.
3. I think risk management and market exposure is the key to successful trading.
#-----------------------------------------------------------------------------------------------------#
Look at price and either go Long or Short ... I think you can be profitable with little MM.
I am going to open a demo account tomorrow and link it to this thread to show you... as a simple exercise I am going to use high leverage and take profit at a low level to show how possible this is, so therefore I am not using any other way of reducing my risk, exposure and no stop loss. No real MM.
TO THOSE STUPID ENOUGH AND DO NOT HAVE THE ABILITY TO PROCESS WHAT IS WRITTEN, YOU'LL BE SURPRISED HOW MANY PEOPLE THERE ARE THAT CANNOT DO THIS, IGNORE WHAT I HAVE WRITTEN ABOVE THE LINE... LOOK AT THE BIT IN RED, AT PRESENT WE ARE JUST GOING TO DO THIS.
PLEASE DO NOT MISCONSTRUED WHAT I HAVE WRITTEN AND I WILL BAN MEMBERS THAT ARE DISRUPTIVE... YOU'VE BEEN WARNED.