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- Fagin replied 6 hr ago
I have an ignored comment on this thread, it can only mean one thing? Nnnnooooooooooooo....
- Fagin replied May 1, 2024
I'd probably look at South America if I were you. Europe is f*&Ked by politics and immigration. image
- Fagin replied Apr 30, 2024
Not really, I'm sized appropriately so I don't worry about it too much.
- Fagin replied Apr 29, 2024
Hi this is what it currently looks like today, look at the bottom and you will see 1 0.01 trade, I've just closed another 0.01 on it and the next batch will clear it all together (it started at 0.06). When that's gone I'll start working on the next ...
- Fagin replied Apr 27, 2024
Hi Jim No the opening trades happen independently, there will always be a trade that I am working to close just using my accrued profits. It doesn't determine entries. Hope that makes sense? Remind me on Monday and I'll post you a chart when I am ...
- Fagin replied Apr 26, 2024
I would also add I take profit both long and short. I don't have any rules about closing the dragging trade based on if it is long or short. Simply the biggest one in pips gets stripped. Sometimes it actually rotates and I'll be closing a sell and ...
- Fagin replied Apr 26, 2024
Everyone is different and you'll just find a way hopefully. I have different approaches depending on what I'm working on so I can't give you a simple answer I'm afraid. If you are struggling maybe try and trim when you go over a 2x value and see how ...
- Fagin replied Apr 26, 2024
Well obviously he's holding the camera?
- Fagin replied Apr 26, 2024
Lol only in my own mind
- Fagin replied Apr 26, 2024
Eventually you can clean your dragging trades and the rotation speeds up typically with the market cycle if you've calibrated your average daily ranges or whatever you are using... So you might take a rough ride if you are fading a trend but if ...
- Fagin replied Apr 26, 2024
Here is a sample of EU it's a lot busier: image
- Fagin replied Apr 26, 2024
I calculate the pip value per 0.01 position. Here is a live example I'm working now on EURGBP, I have 6 positions open, they all start at 0.05 size according to my risk profile on this pair and max number of positions I will allow to open. I TP ...
- Fagin replied Apr 24, 2024
Kerrrching... got my bite
- Fagin replied Apr 23, 2024
Yaayy well done
- Fagin replied Apr 22, 2024
A third advantage and often overlooked is it gives you agency in managing your trades. Better to have some pro-action when in drawdown
- Fagin replied Apr 22, 2024
Hmmm also still weakening against EURO as well so might go a bit further to 1.22. Not trading it at the mo as i'm in EU and EG. Good luck
- Fagin replied Apr 17, 2024
Thanks for the tip, T. Never stop learning
- Fagin replied Apr 17, 2024
Yaaaayyyyyy! £3.21 tax free. Love it! Just need to scale it 100x
- Fagin replied Apr 17, 2024
Yeah I missed it to nett out and collect the div. No sweat I might leave it till next week if it doesn't come back. Shame the margin requirements are so high, you could just average this week in week out all year.. Edit: I mean nett close 0 and ...
- Fagin replied Apr 17, 2024
Ooo that's worth knowing, thanks!