looking good old wolf... initial entries are early - if you had started your entries from where you entered your last two positions, then you would of caught the top, excellent start to the day... there were a couple of nice setups on the two prior ...

M1 Countertrend Scalping Strategy

no, not beginners luck, once one masters PRICE ACTION, it becomes a lot easier to manage risk, well done, you are learning the system fast... yourtradingcoach.com

M1 Countertrend Scalping Strategy

you are very wise and sensible darwati, we ALL learn from each other and eagle-eye, i now see why you have this nickname! cpfleger, no one here is a fool and shouldn't be referred to as such, everybody is free to express their REASONABLE opinion, ...

M1 Countertrend Scalping Strategy

ok, thank you,... so these are managed\closed manually after ea opens them?

M1 Countertrend Scalping Strategy

especially when the true details are hidden or ignored

M1 Countertrend Scalping Strategy

sorry, my point is not upset you, it is to try and get you to just start trading and practicing using whatever method you want, post here and someone will always help someone who helps themselves

M1 Countertrend Scalping Strategy

astounding...

M1 Countertrend Scalping Strategy

then what? you will be successful trader?

M1 Countertrend Scalping Strategy

risk management is fluid, not fixed, it changes every candle, when your target moves, you need to follow it, sometimes its a matter of millimeters and milliseconds, you must be precise, its the details that matter, to avoid a major drawdown ...

M1 Countertrend Scalping Strategy

the best way to manage risk is to time your entries to perfection where possible, catching the top or bottom of every move vastly improves risk management, it allows you to exit a trade as quickly as possible, its all about reading the price action, ...

M1 Countertrend Scalping Strategy

hey josh, its all about YOUR risk management plan. does it allow for overnight trades? if not, why allow them? - not many here here like to discuss RISK management, their drawdowns and losses or find it boring, i find it fascinating and it's my ...

M1 Countertrend Scalping Strategy

ok, no problem, thanks for your time

M1 Countertrend Scalping Strategy

that's interesting, does this reduce your drawdown and\or losses? so you open first order manually and the rest are opened by ea?

M1 Countertrend Scalping Strategy

thanks, simpler is better, i prefer to just stop myself out if i'm wrong - did you start your entries on the first, second or third swing low in the example you just posted?

M1 Countertrend Scalping Strategy

what a flashback, its been a while now, but post #10 is what i've been trying to determine recently and for whatever reason am being completely ignored, seems i'm not the only one! if i missed the response cpgleger i apologise in advance... ...

M1 Countertrend Scalping Strategy

thanks darwati, you have opened my eyes, wish there were more diverse ideas in this thread rather than ad nauseam counter trend into trend, short sweet simple, with risk management in place of course... image image image image

M1 Countertrend Scalping Strategy

cpfleger, appreciate the time and effort you put into teaching others who are obviously finding benefit in all you offer, you also appear to be a very good trader as well so what i'm about to ask is not a criticism in any way of what you are ...

M1 Countertrend Scalping Strategy

i'm sure many people did, were you one of them? all that might be true, especially if you actually follow KoF's complete disregard for risk management where in this video he maxed out his margin, traded excessive lot sizes, and multiple pairs at the ...

M1 Countertrend Scalping Strategy

you have an interesting and sensible trading philosophy... can you share insights on your risk management plan using the examples you have posted? i have been trying to find a way into trend trades and you have opened my eyes to an approach i can ...

M1 Countertrend Scalping Strategy

are you holding positions for multiple days? also, are you holding positions on multiple pairs at the same time on the same account? good luck with your trades during the NFP!

M1 Countertrend Scalping Strategy