Someone asked me why i got stopped out of so many trades today
I said because I stay on the side of money management always
When trading large time frames I often have tighter than usual stops.
Yes i get stopped out for 10-20 pips . But the reason I am okay with this is it lets me get right back into the same position with a pending trade, so I know when price comes back its going my direction and gonna give me ridiculous ratios.
You can win 90% of your trades and lose money, so when I see people brag about their wins in a row or win percentage. Im unimpressed. If you have never lost a trade ever, you're doing it wrong.
What does impress me, when someone has enough self control to cut a loss and move on to the next trade.
My win percentage is just over 50% this week, but I stacked my winners to the brim with pips.
In fact I stacked my Cadyen so hard it made up for any losses four fold. Its not even close to done.
Did i book some pips so I walk away with profit?
I sure did.
Never give a pip back to these bankers mate.
Take em out 1 pip at a time.
What do you have here? Clear sign up upwards trend,
simple higher highs. Enlarge it, formation is bullish.
Look up , lots of places the market needs to harmonize
I think Ill choose one.
I like 70 first, but i also like 71.4, Ill take em both
I said because I stay on the side of money management always
When trading large time frames I often have tighter than usual stops.
Yes i get stopped out for 10-20 pips . But the reason I am okay with this is it lets me get right back into the same position with a pending trade, so I know when price comes back its going my direction and gonna give me ridiculous ratios.
You can win 90% of your trades and lose money, so when I see people brag about their wins in a row or win percentage. Im unimpressed. If you have never lost a trade ever, you're doing it wrong.
What does impress me, when someone has enough self control to cut a loss and move on to the next trade.
My win percentage is just over 50% this week, but I stacked my winners to the brim with pips.
In fact I stacked my Cadyen so hard it made up for any losses four fold. Its not even close to done.
Did i book some pips so I walk away with profit?
I sure did.
Never give a pip back to these bankers mate.
Take em out 1 pip at a time.
What do you have here? Clear sign up upwards trend,
simple higher highs. Enlarge it, formation is bullish.
Look up , lots of places the market needs to harmonize
I think Ill choose one.
I like 70 first, but i also like 71.4, Ill take em both