Wolf Trading Strategy XAUUSD Only

Quoting bdsilvano

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{quote} ill add you as my cub ok. please come with us on asia and participate. welldone for today

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Quoting bdsilvano

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{quote} i only have 3 position no more sells

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Quoting Tommypang

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{quote} brother，i closed my book too，but how can i hold little longer to make my drawdown even smaller？becuz i dont think i can hold that long in real account to recover the drawdown… {image}

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Quoting metawolf

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{quote} Cub still has to work day job because cub is still trading w monopoly money. Once cub becomes profitable using real money and can retire himself from 9-5 I can join all Asia session with the bigger wolves. Ill be sure to be active for the time that I am awake during Asia for time being. Question about placing initial hedge in Asia, do you typically place it right at market open most the time? Or do you let it show you the range first and try and place it more in the middle, so you dont have either sell at bottom or buy at top? Apologies...

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Quoting BDfx77

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just withdraw 500 that was today's profit. See u on asia guys

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Quoting bdsilvano

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{quote} wow welldone,,, you mean did you do live??? thats why I am looking for you this morning. bro, just remember if anything happen, hedge or if your closed book is greater than your drawdown, just clear it. you can comeback always on Next day for more.

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Quoting Tommypang

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{quote} brother，i closed my book too，but how can i hold little longer to make my drawdown even smaller？becuz i dont think i can hold that long in real account to recover the drawdown… {image}

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Quoting metawolf

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{quote} Just keep on taking baby steps. Follow the system You will take green and drawdown is minimal. Even when you lose some to drawdown your still green, thats the best part of this strategy. Its never black and white but its always green. Keep taking those smaller profits, you can take some easy scalps in asia if you need more capital to help hold longer on the draw down, thats when you can start throwing more positions at your draw down to help fight it even more.

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Quoting Tommypang

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{quote} brother，i closed my book too，but how can i hold little longer to make my drawdown even smaller？becuz i dont think i can hold that long in real account to recover the drawdown… {image}

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Quoting TranceGhost

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{quote} I know what you mean - Digger can trade - but I have given up on understanding his post I tried and I tried and I tried once more - ROFL

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Quoting BellPepper

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Day 1 Results Today: Closed the hedge too late (1), and waited too long to close the book (2). Tomorrow: Max 3+3 open throughout the day. Main focus on a better exit. {image}

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Quoting bdsilvano

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{quote} keep practising brother. You will get it soon enough. Sorry i was looking at wrong price. Tomorrow you hedge only 2 position nothing more. I believe you hedge a lot today. Just keep gettjng green. But make aure when u about to finish 2 hedge position only. More manageable Also dont put ur hege on same place. Try to scattered/distribute them in range. I see ur red all has been place on samw prices

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Quoting BellPepper

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{quote} Thank you! I will be practicing daily. This was just the first day, trying to fully understand your approach. I will space the trades more evenly, drop to 3+3 max on the London cut-off, and monitor the trades better in NY. Thank you for all your help!

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