I don't have a massive account my account was at 7k last week wednesday, now it's up to 7.5 K. Just risking 3% People may not be getting stopped out using 30 pips, that's a little better ,but still to small. But 20 you are definately going to get ...

Trading Made Simple

I remember that post, nope different guy.

Trading Made Simple

1000? where did you read that? I have stock SL of 100 pips, with risk of 3%. My 100 pip SL is not just to ensure I only ever lose 3% on any trade. Its so I decide when it's good to get out, not a rediculously small SL which will be hunted and hit by ...

Trading Made Simple

I've said it before but 20 pips is a nothing SL. You will get stopped out of the majority of what would be your good trades. On the 4H the 1H and the 5M. Doesn't matter the time frame. It's just too small.

Trading Made Simple

Wow the stop kunts are brutal today.

EURUSD

So we should be taking trading advice from someone who loses his account to overleveraging..........no thanks.

EURUSD

LOL, if you are beginner why are you coming on a traders thread who is making real money, already showed you it works well, and trying to improve his method?

Trading Made Simple

That question just shows how inexperienced you are. Why risk only 2%? Because even if you have a 80% winning system, the 20% of losers can and will come at any time and all in row. Out of a 100 trades that would be 20 losing trades in a row. Lets ...

Trading as a job?

Doesn't look the same to me. A little similar in that they both curve. I can clearly see very big differences. I tried using THV stuff several times, as described. It was very hit and miss. IMO the rule only long/short above the coral was absolutely ...

Trading Made Simple

This is why you make judgement on entry and exits at the start of each new candle and the angle then.

Trading Made Simple

What time frame are you trading on? Anything less that 1H the pip gains will be much smaller and you'll have to lock in profit before a retrace. If you are on a larger time frame watch the retraces and round numbers for retraces, lock in profits. ...

Trading Made Simple

I'd like it better if it was the start of the week instead of the end.

Trading Made Simple

Trade your own charts at all times, otherwise it'l bite you in the ass down the road. If it's an angle on the TDI you are talking about looking different, zoom all the way in and then two out.

Trading Made Simple

I don't mean to sound rude or argumentative, but.... Compounding doesnt increase risk to the account unless... 1. Your risk is way to high..... 5-10% per trade, then small losses are still huge losses. 2. You don't decompound with each and every ...

Trading Made Simple

Yep, agree, did that 1. 5 times since wednes day.

Trading Made Simple

You are better off calculating your risk by dividing your risk by your stop loss. For instance I have a stock 100 pip stop for trades. My max risk of 3% gets divided among that. Win compoud up, lose compound down (If you don't compound down you are ...

Trading Made Simple

LOL, I thought for sure I was going to get stopped out around +40. GU is really going for me on this trade. Currently up around +80

Trading Made Simple

Compounding is great, but above is a pipedream and does not work with forex. Figured it out mathmatically myself in terms of an actual account and margin requirments. To compound in forex pick you risk per trade, like say 3%, compound with every win ...

Trading Made Simple

Good job. You in the pips now?

Trading Made Simple