one piece missing from all these is the leverage. people over leverage because they have that spread sheet telling them they can turn 5K in 1M in one year. i never over leverage. ever....

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it's a different mind set. not saying one is better than other. it just works for me, and my style of trading. a very good trader once said and it's worth repeating: "I don't trade, I manage margin."

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i didn't look at eurgbp, so i don't know. but while a lot of people focus on entries, i don't care much about them because they are very hard to get perfect. the market moves up/down towards your target. if you got the trend right, there is nothing ...

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exactly. the point is don't get paralyzed and watch the trade moving against it. do something about it. question for SL worshipers: how many times did you have a SL taken out only to see the trade move to your TP later? anyway. i'm done with this. ...

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i'll answer you this. profit is profit. if i see a trade and i have the spread i take it. i don't use any r/r. if i think the trade is good i hold it for its final TP point. if it moves against me temporarily, i trade the other way thus holding both ...

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not joking. been trading like this for the last 2 years. however i'm not going to sit here explaining my strategy. i'll just say it doesn't mean i don't close trades at a loss, just to make some of you feel better.

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you focus where to set you SL, i'll focus on TP. different mind set. quick example: last night i made money both ways while sleeping.

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SL + no hedging = legal way to transfer your money to the broker.

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long to 4128 for overnite

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when everybody's calling shorts, maybe it's time for longs. just a thought.

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4177 is not out of the question

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pretty much yes. that's why i kind of stopped posting here. time better spent focusing on my trading.

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bookmarking this. i will have to read it several times (there is something important here) while the market is moving and refer back to it.

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oh, i get suckered many times too but i can figure out pretty quickly that "i was made". one problem with some newer traders is they enter trades on h1 let's say long, but they fail to realize m15 just hit a top and it's now retracing taking out ...

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this might be better than the hack i posted. see what works for you man.

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lol. that's the whole point.

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file see attached. overwrite the Buy/Sell scrips i sent before. i changed it quickly, didn't test it so not sure if it works. I used to use it before in demo. works pretty well. as i'm not using mt4, i might have forgot how exactly it works. ...

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now you make me work. hold on..

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don't know about the first, but drop these in your experts/scripts folder and try them in demo first. file

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