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- Forex traders gambling attitude and ways to blow up account
Did you hear margin call at least once in your trading career? I'm sure you have some number, it ...
Nicely done! Correct me if comething what I will say isn't true, I see that you dont really use pyramiding core concept, you rather wait for a opportunity on daily/weekly chart for strong trend and scale out only in the beggining, making just two ...
I know that my thinking method may sound chaotic so im happy that you ask that! Im talking that the more piramiding you would like to make the worse performance of your strategy, more risk and less return over long term. Consider thinking about ...
The key is here to start managing others account, not your own, like your own mini fund.
Did you hear margin call at least once in your trading career? I'm sure you have some number, it ...
I know that you are hyped on price action but not everyone is and you have to respect that, also blowing account is crucial part in trader's development. If you would like to teach others your wisdom then creating new thread with your view is better ...
That's actually reverse psychology 1. Many traders are dreaming about one big win - Strategy is focused around one big loss 2. Trader are greedy for more so they cannot close their profits - Strategy is based on closing small profits
There is actually a great youtube video about policies of big banks and central goverments. Also covers why crisises in capitalism happen and why it's actually a good thing for economy. Idk. if i can put a link here so it's : How The Economic ...
I would suggest to try max risk 2% per trade(or pair), If it's going your way you can add another position if you lower your risk to 2% in total. Another thing is that i would suggest look into only 1-2 charts if u are short tem trader. For someone ...