I've been analyzing Currency Market for over a year. I have a basic understanding of indiors, subject and risk management. I've spent hundreds of hours coming up with a egy only for this to shed in the long run. I've read some egies on this particular forum. As much as I'd like to use another persons egy I also have the need to understand whats going on so by developing my own I understand why I'm placing the transaction. I try developing a egy based on the KISS principle. I think where I'm stuck is SL and TP. The feeling I have is like when you are speaking to someone and you are interrupted or you wash out and everything you want say is correct at the tip of your tongue but it just wont come out. From what we see in these forums is that it isnt the entry that is that important as far as the depart. What I have read concerning Currency direction but what I've read relates to how much do I need to risk per trade 1 percent or 50%(maybe not ). But I am searching for some thing more about the exit egy. Can it be as straightforward as having a macd xover and loing the right exit, is it more complex than a macd xover, am I asking the right or wrong questions?? I've read books, forums and asked questions. I think my problem is I am self teaching myself it is more like the blind leading the blind. They say practice makes perfect but what when I'm practicing wrong. Anybody know of any training appliions within range of a working persons wages or the way to discover local te. Good, bad or indifferent any information is welcome.
Thank you beforehand.
Noe