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TradersChat

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?

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TradersChat

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

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TradersChat

Once price not break structure its more difficult that's why you close some at the area or just breakeven

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TradersChat

#GOLD

Breakeven now and see what happens this price

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TradersChat

Gold exit BEP re entri in2744.36 SL 70 PIPIS TP 150 PIPS

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TradersChat

Gold continues buy SL 35 pips tp 70 pipis

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TradersChat

I can smell the sale coming

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TradersChat

get used to % max 1/2 layers👌🏻

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TradersChat

Buy gold sl 15 pip tp 30 PIPS

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TradersChat

But yday we hit the highs and then tanked so I expect something similar

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TradersChat

nas100.,., there r the biases.,.,only after i see that red arrows formation takes place, i will look for sell.,.,else everything is damn bullish

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TradersChat

nas 100 update.,.,here comes the break, wait for that candle to close above it, once done, we start lookimg for buys

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TradersChat

our sl hold, now u can lock breakevn.,.,make it safe.,.,n manage accordingly

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TradersChat

She is pretty darn good trader 💥

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TradersChat

And the more experience you have the less trades you take 🤣🤣

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TradersChat

You know me and you only look on the news
We don't worry about it ❤️🕊

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TradersChat

Till PCE fundamental... there's probably gonna be no stable MOVES

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TradersChat

#GOLD

Crazy gold 😅😅😅

Close some and hold one either breakeven now or break structure 🕊

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TradersChat

#GOLD

If price not break this I'm out

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TradersChat

Oh shit sorry guys break down exit in BEP

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TradersChat

Buy nasdak sl 75 pips 0.1% risk tp 1:2

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TradersChat

Day1 gold hit be
Nasdaq tp 03%
2 gold hit be
Gold tp 0.2%
Total 0.5% 🗿

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TradersChat

No but an ardent fan of their beliefs.

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TradersChat

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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TradersChat

If it break above 20450 then I’ll be bullish

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TradersChat

go ahead.,.i will come in when i see.,.,for now there is not 1 reason for me to sell.,., feel free to drop ur chart n analysis y u wanna sell

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TradersChat

Today's movement makes it difficult for me to find the right momentum

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TradersChat

your father is crazy

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TradersChat

Dont waste your time on him

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TradersChat

Fancy charts and complicated talks don't make money in forex trading.

By all means, protect your capital no matter who you decide to follow!
When you lose, lose small—live to fight other battles.
Success comes from taking your chances and making the most of the opportunities presented.

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