Honestly.. I think most people don't trade based on what's happening in the market but based on what's happening in their financial area... They target based on how much they need, not what market is showing... hence market can give them $500 but because they need to make $600 to alleviate their financial pressures, they'll not close that $500 until $600 hits straight
THEY TRADE LIKE MARKET IS THEIR SERVANT, THAT'S WHY MARKET DAILY PUNISHES THEM FOR SUCH ARROGANCE AND IGNORANCE!
Market didn't break structure I lose small and analyse again instead of holding lose causes
Читать полностью…BUT NEEDS BIGGER CAPITAL SIZE FOR CORE SWINGERS AND DAY-TRADERS
Читать полностью…Or
30 pips SL... 90 pips TP
50 pips SL... 150 pips TP
still the same as 1:3
And the market crave for traders with emotional stress
They know when they retrace the profits alot of traders close and when price move they wish and say they should of hold
But they will never hold cause they not deal with that issue
It's not easy to see the market take back the profits that's why we plan around these things
No question is ever silly.
Your sl is set to protect you.
So let's say your buy entry is 2800, you would place your sl at 2795 to protect your capital.
If your entry was triggered and let's say price is currently at 2810 and someone says bring your sl to entry, then instead of your risk being 5 (ie 2795), you now bring you sl up to your entry which is 2800, so then you are no more risking 5.
You're now at entry so if the price decides to turn back, you would not lose the 5 anymore because you moved your sl to entry. So it's a risk free trade.
Make sense?
1:3
1:5
10pips sl 30pips TP
10pips sl. 50pips TP
I like 1:5 so I hold to see if can get 1:5 this way I have five 10pips sl
If breakout I hold longer
Once price not break structure its more difficult that's why you close some at the area or just breakeven
Читать полностью…Gold exit BEP re entri in2744.36 SL 70 PIPIS TP 150 PIPS
Читать полностью…One win should take care of your losses this way you stay ahead
You can't have big losses and small wins to stay in market
Yes some want to use 100$ to make thousands in one day
Читать полностью…Yes
That's why I don't understand why some traders will hold deep drawdowns
100 pips SL... 300 pips TP
1000 pips SL... 3000 pips TP
See market give 1:3 and don't want to break structure so 1:3 good for partial taken then you won't worry if price come back to your entry cause you already profited
Bit if you have only one position you put alot of emotional stress in yourself
You know me and you only look on the news
We don't worry about it ❤️🕊
Till PCE fundamental... there's probably gonna be no stable MOVES
Читать полностью…#GOLD
Crazy gold 😅😅😅
Close some and hold one either breakeven now or break structure 🕊
Day1 gold hit be
Nasdaq tp 03%
2 gold hit be
Gold tp 0.2%
Total 0.5% 🗿
see here, we had something like choch or bos, some see that way, n hence that zone look like a supply zone to many, n hence price faking sells in that area, when they hv enough liquidity to take out thats when price gonna boom.,.,to me this is damn bullish.,.,i like this things for buys n vice versa for sell.,.,being said that, we r not witch so, let price first show us, hence the reason im waiting for the earlier biases i sent out
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