I am going "all in" and SL settings for all the same - so no smaller risk or buying in or out..
Just plain using the system: on the second - go in - on the second go out.. SL settings
are only there to be out of noise within the trading TIME.
My system foresees to trade the lower risk time zone and excluding any number announcements
aka attacks - therefore the movements of price are always smoother then.
wishing you a nice gulyás, pörkölt or paprikás csirke with a dessert at 14:30: Rétes
You are right - US data influences a lot...
but these employment numbers ar only class 1 of 3 and are not important to my exit..
If you look carefully - the important numbers are ALWAYS 30min or full hour.
So I will exit at 14:30 exactly... and as given in my first today's post.
One day doesnt count, but always a good start if it is a winner with a hungarian dinner:P thx! So just to ensure what you are saying, if you are using tighter stop like 10tick instead of 30tick, than you are going to the battle with 3 contract instead of 1 contract (same risk if the SL hit)...
The contracts thrown in are NOT important - it is the system that counts: either win or SL!
That easy - my stops here are only decoration for really faulty assumption on the real move.
Being on the winning side - some SL hits are not destroying my account. This is part of
the game - I take it no longer personally - it is investment on the go... - as in every business.
Ok, so what you are doing is the following. You have 10KUSD on your account, you know that your SL usualy is 30tick, so you are playing with 1 contract. No matter what. Sometimes the SL is tighter, but you are doing the same rutin, because you know that your system is a winner, so it doesnt make any sense, to overcomplicated it, with calculation. When your account size is reaching the 20K USD, you make a smile, and after this you are playing with 2 contracs...
You are a lazy person with a good system (one is true for me as well...:P)
PS: Your hungarian is better than mine. I never use accented characters I am a lazy person
My hungarian does not exist... I know Szégédin gulyŕs and can write it accordingly - my french with all
accents is very good - so is italian, german and english. As a partly "Wiener Schnitzel" I am quite fond of
hungarian cuisine - and loved it always - the accents may sleep
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