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Picking tops and bottoms
Started Jan 20, 2016|Trading Discussion|5 replies
Anyone who uses very very very tight SL , do you factor in some market expectations , like you ...
like you said, it depends on ones skill . like i see a reversal/retracement. the R:R is great. if i accertain PA has a good 50% chance of making it since my R:R is above 3 times , i should not lose any money even if my Win/lose ratio is 1/2 right.
say it!!! i am a genius..say it coincidence between the previous daily H and TL.
apartof trading i am looking forward to my first ever WSOP bracelet..
gd luck . try higher gearing and see how it goes. i find alot of differences between 1$ a pip and 100$ a pips or its just me. i casually enter at 1$ a pip but not 100$ a pip.
higher leverage , different mentality. forces me to pin point my entries. i suck at exit though...
Anyone who uses very very very tight SL , do you factor in some market expectations , like you ...
its random and not random. maybe the rule 60/40 or 70/30 . you cant hit 100% correct , try hitting 40 and 30 with bigger R:R lets say 1:3x. somehow like a professional texas holdem player and a casino cheat , people can make a living out of it . at ...
looking at shorting opportunities over here..just putting a short on my demo.
thats what i am taking about, holding trades , wanting to win every position..you can have 12 months winning streak but one shot its game over for you..martingale strategy doesnt work in this business
dumping starts really at 9387 in my opinion...well wait for the 1H to end...
i didnt see any fundamental reasons for DAX sp and crude , copper to be dumping so hard today so i didnt hold on to my trade.....![]()
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....i always closed to re-enter once it reaches 200pts .
too tempting to sell DAX atm....but in supply zone. looks like going to break just...i was standing by my mouse to click....