I can understand!

The Swamp

If I may ask? Why 192.07 ?

The Swamp

Thats perfect bro. I have low at 192.069

The Swamp

Me too. When you define your risk in advance, you acknowledge the possibility of being wrong. Without this, traders rationalize, justify, or avoid decisions, leading to losses. Mark Douglas

The Swamp

I have closed trades early most of the times. Have ignored it this time. DXY holding above 1.08 looks ok to me.

The Swamp

Noted. Sometimes I add another position and put the bad entry at break even, but if it doesn't work the risk doubles. So you are right since market overshoots some most of the times should wait for a better entry.

The Swamp

Exactly! Even if you get it wrong mostly and get it right few times you still make money. Less stress, TP, SL and let it play out.

The Swamp

I tried this XAUUSD trade, was stopped out but it was a 25X trade. My SL was too tight 10 pips, high was 2763.40

The Swamp

Mostly I scalp quick in and out, US indices, Gold etc and the amount of stress it gives is unbearable, sometimes the market moves too fast too far, so my focus is now high R:R trades. I have done it in the past though. But watching you do it ...

The Swamp

Example: (Simulated) If I had this trade idea then I should have executed this trade. But I haven't. image

The Swamp

Dxy could do something like this...

The Swamp

Right! 90% of them are a scam or with strange rules and excuses. FTMO has been around for a long time and I had a good experience. No restrictions on trading strategies, and overall fair rules. That's right! FOMO and greed are dangerous things. ...

The Swamp

Boulder knows more about prop firms... I don't know about her but she looks so busy in prop firms. When I joined FF you both used to talk and shared trade ideas a lot.

The Swamp

I don't know about Nova, Mine is FTMO not funded it's a challenge. FTMO and IC

The Swamp

Thanks Gator! I'm in. I did try EU too at 1.0434 SL was 1.04405 but I closed it at 1.0437 In the prop firm account re entered at 1.0331 but it's at B.E Edit : EU SL now 1.0439

The Swamp

Lots of red news tomorrow.

The Swamp

This trade would have worked but I didn't take it.

The Swamp

Wishful thinking......

The Swamp

Gapped down , sign of weakness. Maybe Gap fill and down 192.77

The Swamp

Alright! Got it.

The Swamp