there aren't any true FX traders. Whatever you hear or read or watch is half lived and half lied at best.Originally Posted by ;
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there aren't any true FX traders. Whatever you hear or read or watch is half lived and half lied at best.Originally Posted by ;
How many times have you placed an order where your stop loss got hit and price turned back shortly after on your direction.Originally Posted by ;
Stop hunts come in all sizes and shapes but this is the basic notion.
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That really depends on where I've put my stop loss, however, it has happened sometimes. I don't really expect the market to be moving in one direction only. Nevertheless, I get what you mean.
I really don't see that as a stop searching but as a reaction of the market to an unexpected news on the JPY currency. You are able to check the volume spike. Should you exchange 5 minute charts, you are looking for trouble if you exchange before the news. . .especially if the breakout that you exchange happened in very low volume since obviously all professional traders were waiting for the news outcome.Originally Posted by ;
Additionally read 'Humility' has composed. Forget about the leverage your broker offers or imposes, your actual leverage is the position size divided by the quantity in your account.
Retail just love to market Low and Buy High. Therefore Retail loses.Originally Posted by ;
Here is the secret to trading success, or at least to get a foot out of the grave of the long gone.
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ÂOriginally Posted by ;
Yesss.
The fantastic old spike both ways. Â
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Let us see tonight Aud and tomorrow Cad. They are spike masters. Â
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You cant know what will occur in future, I believe only carry traders can go without stop loss
placement of stop loss we have to do, and no installation of stop loss will probably be in panic at a sizable risk to befall us. And it'd be better if we did on the demo account ahead to prepare for everythingOriginally Posted by ;