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- leonardicus commented May 6, 2022
It's very likely that most of their nukes are inoperable. The USA upgraded their nuclear arsenal and systems, they would be non functioning if not for the recent upgrades and refits.
- leonardicus commented Oct 31, 2017
I had an EUR/GBP position that was down 200 pips a few weeks ago, just sold it for a 50 pip profit... Only sold it now because I was tired of looking at it for a month. Still, it was only 1 percent of my account and I made $500 instead of losing ...
- leonardicus commented Oct 17, 2017
The math is self-explanatory; If you open a position using two percent of your account and the margin requirement is $250 (for example) then use that as a maximum risk. (If you have a psychological fixation on buy-high, sell low stops loss) If your ...
- leonardicus commented Oct 17, 2017
I did not contradict myself, you failed to comprehend. The market IS full of contradictions, paradoxes, and irrationality... There are often exceptions to rules, such as when to use a stop loss or not. I prefer using stop losses to lock in profit ...
- leonardicus commented Oct 9, 2017
You never know if trend direction is correct, it is another lagging indicator. Going with the most recent trend direction is ONLY a probability enhancer. The most powerful probability enhancer is being able to identify where the banks have their ...
- leonardicus commented Oct 7, 2017
You are trading with too large a percentage of your account if you are worried about power outages. I will share my private message response to you. I have been trading since 2003. I became "wise" by losing a lot of money in trading, being a sucker ...
- leonardicus commented Oct 7, 2017
Stop-loss hunting is a myth, what is happening is the banks are creating a demand for what they want to sell. Their orders are so massive that it would move the market too much if they just placed an order. Banks will use a small part of their ...
- leonardicus commented Oct 6, 2017
Your reply is so off that there is no point for me to try and correct it. If you cannot comprehend correctly then the problem is not mine.
- leonardicus commented Oct 6, 2017
Your reading comprehension is the problem, not my comment. I will make it simple for you and outline what I said; -The minimum stop loss is through the margin requirement. $20 on EUR/USD mini-lot for example. -Risk is controlled through position ...
- leonardicus commented Oct 6, 2017
RR does not work when using PIPS, if you have a stop of 90 pips and a target of 180 then you may think you have a 2-1 risk. YOU DON'T... Probability is 2-1 against you that 90 will get hit before 180 is hit. You will need to be correct 66 percent of ...
- leonardicus commented Oct 6, 2017
I said, "for example." It evens out with any per-pip ratio, this is not relevant to the fact that RR works with probability NOT pips... You missed the forest for the trees.
- leonardicus commented Oct 6, 2017
Why wouldn't I have bought the opposite side and made many other winning trades on other pairs? That quote is for stocks, NOT currency pairs. Of course, you use stops on equities... If you understand probability enhancers such as using price action ...
- leonardicus commented Oct 6, 2017
Technically, what I stated is a stop-loss. I would risk the margin requirement amount, say $20 per mini-lot on EUR/USD. As long as you have deep liquidity you can go beyond the $20 but I'd never have a stop of less than the margin requirement. If my ...
- leonardicus commented Oct 6, 2017
If my account is $10,000 then I would not buy lots with a margin requirement of more than $200. What is the PROBABILITY of it going 1,000 pips against me before it goes 200 pips for me? It is 5-1... Risk reward ratios should be done with ...
- leonardicus commented Oct 6, 2017
In other words, if your stop-loss amounts to $100 on 10 mini lots, for example, (-100 pips) then your proper trade size should be a lot size risking $100 with no stop, only a profit target. 3 mini lots that would lose $100 on -333 Pips and make $30 ...
- leonardicus commented Oct 6, 2017
A mathematical risk-reward ratio is a great theory that does not work as most people understand it. You can set a stop loss at 1-day ATR of say 90 pips and then a profit target of 180 pips. The problem is that you may often be correct in the ...
- leonardicus commented Oct 5, 2017
It is not a loss until you buy high and sell low. The best way to manage risk in Forex is with lot size and buying with the daily & 4 hour trends using "supply & demand levels." Big banks don't use stop losses, they inventory the losing positions ...
- Posts by Member Search: 'leonardicus'