GU Southbound:
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Friday,April 13, 2018 09:06
HelloforexintuitiveFriends,
I had to manually shut out several transactions since I over-traded so whenever the PA went against me the DD became too high and my Marin% went below 100% so that I had an official Margin Call. I need to remain in 61-100 Fib levels' reversal zones rather than over-trade to prevent this maintaining my Margin% gt;= 150-200%. I will also stick with only 2 to 3 pairs that meet my PVSRA-PVT and MEME with little transactions 6 Pips at one time.
Ultimately, I am sticking with Bearish trades as these have been the most success for me. That's trading if there a reversal trades in the to 61-200 Fib% Zones transactions more that 3 Pairs and enough to pay my SL.
This error is just a learning experience. I am still in the positive also !
Regards,
John
BTW, if you use Oanda, then it'll be closing it is Vintage GMT-5 and going to their V2 MT4 GMT 2 platform May 15th, 2018. Yesterday, I spoke with them. I will start transferring my GMT-5 over to my live account with time. However, I understand they will take action automatically without needing to close out open transactions that could possibly loose cash. Consequently, they will move your whole Classic GMT-5 to V2.