Thread: Trend Trading

I am hoping we are helped by this video .
The movie title is Wave analysis, but actually it is fad trading
Inserted Video

Something to think about. If you are trading professionally, would you know what your daily loss limit is, your loss limit? Do you know what your maximum loss could be next month? Do you believe you should know these things? Are you sure you can switch off the computer and leave the room in case you hit your limit? - G

Originally Posted by ;

Just something to consider. If you are trading professionally, do you understand what your daily loss limit is, your own weekly loss limit? Do you know what your loss might be next month? Can you think you should understand these things? Are you convinced if you reach your limit, you can switch off the pc and leave the room? - G

I've tried but I can not.

That's why I diverted from trend after. Volatile for me. I prefer looking for low risk entry points on the charts. Where I can be right over 60% of their time with risk to reward 1_2, 1_3 up to 1_5. It has reduced my volatilty.

Originally Posted by ;

Just something to consider. If you're trading professionally, do you know what your daily loss limit is, your own loss limit? Do you know what your loss might be next month? Can you think you should know those things? Are you sure if you reach your limit, you can turn the computer off and leave the room? - G

People here can learn alot from you and rescue them years. Thanks for sharing your knowledge.

1 Attachment(s ) ) A new trading week:

I have to look at AUD/NZD more often because this was overlooked by me.

Originally Posted by ;

I clearly must look at AUD/NZD more often because I overlooked this.

Set Base trade sl to BE and tacked on a second trade at 50 percent size to get a two pile. This stage can boost profit possible to 150 percent while decreasing risk by 50 percent. (Live Charts)

Mainly Purchasing Trends

Stops are moved back on the AUD/NZD brief. Considering that the bottom trade is 50% of the base transaction, all risk is removed and a profit is secured in.