The Most Peculiar egy is reflected by an ineffiecient risk management Strategy
The Most Peculiar egy is reflected by an ineffiecient risk management Strategy
I am a positive guy, and generally I am up in this game.Originally Posted by ;
Last week I entered two'solid trades', I lost on both. It just got me thinking about doing the reverse.
Consequently this post.
I believe if you put limitations on the orders then you can truly try and locate the worst egy.Originally Posted by ;
So... let's rephrase is...
What is the worst egy considering you're never allowed to risk greater than 2% of your account balance and you're confined to no more than 1 trade each hour.
(This should eliminate the suggestions of over-leveraging your self and performing a million transactions until the spread kills you)
I thinkthe egy is YOUR OWN SELF. So do opposite on anything you want to do. When you see the chart say. . you SHORT. When you see the chart state SHORT, you proceed LONG.
1 to that, an Excellent trader using a so so egy can still make moneyOriginally Posted by ;
A very bad trader can still loose money with an Excellent egy
I'm convinced a lot people have had that thought. I have thought of investing in a demo with my intentions, then trading my account the reverse. Sort of a roundabout method of tricking myself.Originally Posted by ;
Either way, I figured that would short-circuit my learning process.
Once a trading friend and I were talking on the telephone and found that we had reverse positions on precisely the exact same pair. The following day we spoke and discovered that we both had both lost on the trade.
The only way that can occur, irrespective of our entry prices, was that my stop was much nearer to price compared to his t/p, along with his stop was nearer than my t/p target. That should tell us something.
What happens longer, retracements or breakouts?
I think on 1:1, TP-spread==SL disperse
I am surprised it was not hit on by any one .
It's straightforward,and practiced by many -
First, take a commerce - any commerce, it does not matter what system gets you there.
Secondly, make sure you do not practice proper position sizing or cash management.
Ultimately, as a suggestion, trade one full lot per 10K in your account.
Behold!