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- 20 April 2008
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Sometimes, by the time you figure out you're wrong you've lost your money...ever watched the Hang Seng Move???
The best time to exit is when you identify the trade is not going the way you anticipate.
Sometimes, by the time you figure out you're wrong you've lost your money...ever watched the Hang Seng Move???
And the 2% rule is rubbish when day trading. If you take just 5 trades a day what happens when you have 5 in a row go bad. Minimum thats 10% of your account in one day.
Nope.
Just as you were wrong your with insistence that your method is the only way so is the idea that its all about getting more winners than losers.
Hey, DRUSS...... thanks for the backupI sent you a PM the other day???
Here is another chart ...........
Stop 147.50
Target 146.00 and lower...............
Or maybe I am not allowed to post such numbers........??? Moderators please advise, thanks, John
I achieve that by having very tight stops. I achieve the tight stops by having non conventional entries.
Non Conventional Entries......???
An entry is an entry. Anyone can enter a trade. That's the easy bit....
It's knowing when to exit. That's the hard bit.
Enter at Support/Tight stop.
Enter at Resistance/Tight stop.
Conventional or Non Conventional?
Enter on Break of Support/Tight stop.
Enter on Break of Resistance/Tight stop.
Conventional or Non Conventional?
Enter on Pull Back to Retest Previous Support area as a Resistance Area?
Conventional or Non Conventional?
I've got no idea what the hell a Non Conventional Entry is?? An entry is an entry.
Would you mind letting me know what a Non Conventional Entry is??
Non Conventional Entries......???
An entry is an entry. Anyone can enter a trade. That's the easy bit....
It's knowing when to exit. That's the hard bit.
Would you mind letting me know what a Non Conventional Entry is??
Why don't you post 100 trades with your 1:1 risk to reward and I will do the same. Then all will be clear.
Is that a My Penis is Bigger than yours Request. Show me yours and I'll show you mine sort of thing.
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