Excellent hope it helps . you can share the trades you took here and i can see if we can work on entries and exits from it if it helps .. Remember in trading you always get to learn each day .. Have fun
The following 2 users say Thank You to jinhar for this post:
Thank you for your posts. Great stuff. Thank you for your offer to post charts. The only issue is I use indicators to help me to trade and you do not, so I hope its OK. As I post I'll show you what I look for in the trade.
Once more thank you for your great inputs.
The following user says Thank You to tickvix for this post:
2 to 1 will still give u more noise and i started from swing trading so to get it more cleared i used 4to1 or 3to1 when i started scalping am still using the same have not change anything .. So U can try but the only difference is that on higher ratios you will get less noise.
The following 3 users say Thank You to jinhar for this post:
Y to get addicted to trading ? y not to get done with just one trade and just enjoy rest of the day ? what is the need to keep on trading just because your charts are moving or you still have lotta time on hand ? y can't you quit when you are ahead y so much greed that you cant be happy with 10-20-30 ticks a day [m talking about scalping assuming at higher leverage then swing trading].. This is coming from some one who has traded 100 trades in a single day and there was a time when i was aiming for 100 ticks daily .. if i would not trade for 5-6 hrs day would be useless and i can tell you most of those days i could have been done within 30mins and done for the day and enjoy my life but i never did that instead i hanged on because i was addicted .. the result of that was .. Stress lots and lots of it frustration with everyone on good and bad days on good because i was exhausted after trading so much on bad because well i had a bad day ... account was never stable .. So ask yourself whats the need to trade so much ? why not you can be happy that you are in that rare percentage group that can wake up at 9 am in the morning and get done by 10 and enjoy rest of the day with your family instead of trading till 12 or later and giving away all your hard work most of the time ? there is no point in going for 50-100 ticks scalping and trading for hours and hours y not just go for 10-20-30 ticks a day and get done within the first 2 hrs ? Please think over it There is no point getting addicted to trading .. get rid of the addiction you can make lots and lots of money just going for 10-20 ticks and you know that you also know that you will get done within first two hours . So y getting addicted to trading and making your broker's rich ? Y ? Just one cent from what i was and what i am know .. its not meant to offend any one.. Thanks for reading
The following 18 users say Thank You to jinhar for this post: