My objective is that this thread proves hartic for me.
I will avoid putting charts and indiors since most of them are unworthy and a diversion.
Welcome into my ride!
My objective is that this thread proves hartic for me.
I will avoid putting charts and indiors since most of them are unworthy and a diversion.
Welcome into my ride!
EURJPY 1H
break under previous non could make this focus on area of attention from 14Nov.
Regardless of what system you use, you will definitely have a run of trades. To stay in the sport, risk management is very significant factor in becoming a successful trader.
When you have prolonged periods of drawdowns exceeding 20% then you need to be reducing your risk until you open another trade.
1) Identify a trade.Originally Posted by ;
2) Input.
3) Set a SL.
4) Get out whether it starts going wrong.
5) Take profit of about 0.5% to 1%.
With that said, I'm no different to the majority of traders with numerous ways to trade. I don't have one particular way.
Please remember that it's a demo account and I might be risking a little more than I must be. Not recommended at all.
Except for writing on charts like a 3 yr old. I use to use snagit but do not have it. I have been on the lookout for a freebee screen capture/editor which has some features. Will attempt to improve.
OK - I have found lightshot which is sufficient for the needs.
Whilst one is tempted by a commerce opportunity because the chart is screaming, it can change in the blink of an eye.
I find success for me comes when I take little profits often and cut losses at the earliest. I'm doomed, should I hang on to draw downs.
Thus, manage your risk at all times.