quote=tyrakay;11623663] ... So you made many trades last weeks (I presume from your description), but you generated loss for that week. Then you waited half of this week (presumably making more losses or break even trades as your method would do), ...

Trend Trading

Fair?

Trend Trading

Thanks AG, here's another live 3 stacked trade, AJ short. Same stuff, different pair. Hoping to ride one a little further soon for a big win to pay for all past losses and leave some profit. We'll see: image

Trend Trading

This GCad short is the gift that keeps on giving. Now running a 3 trade stack on it. 2nd trade is 60% of first. Third trade is 30% of first. Just letting profits run. This is a discussion thread so please feel free to pitch in comments, suggestions, ...

Trend Trading

Last night I received a gift while I slept. I entered a GCad short with a 3 to 1 reward to risk ratio and it hit the TP this morning before I woke up. I could say I was lucky, but there's nothing lucky about purposefully choosing a 3 to 1 reward to ...

Trend Trading

Hi MJ, I'm glad you found something that works for you. Since you've been doing this for a while now, you've already discovered that the big knob to turn to control drawdowns is trade position size. There are lots of little things that can ...

Trend Trading

Last week I had a few small losses and one smaller win. That's just the way it was supposed to work. As long as I can keep my losses small, when the big win comes along it can cover the losses and leave pips for profits. There is no way to know how ...

Trend Trading

Hi Dscap, I always wait until price is moving in my direction to enter. If it's in a pull back, I'll wait until it finishes before I enter. If it's already going in my direction, I'll just enter. I don't wait for a pullback because if price is ...

Trend Trading

I'll try that one since it's really slow today. Usually there will be a trend somewhere, so trade that. If there is no trend, you take no trade. Not taking a trade is also a trade, if you consider your home currency a cash investment. Sometimes it's ...

Trend Trading

So that's my three surviving trades for this week, AN and EG short and GChf long. They aren't all doing great, but they are surviving so far. The sacrifice to the spirits of trading this week was the AJ short. It reversed and just barley touched the ...

Trend Trading

So to stress the point, I'm a crap signals caller, so don't follow me. I'm just throwing up a few examples to show what a new trading session looks like for me. Here's a live chart of a short EUR/GBP H1 chart. I entered this trade on a golden cross ...

Trend Trading

The best traders ask themselves every day, how can I risk less and earn more? Some days they have no answer to this question, but some days they do. It's those days that an answer pops into mind, maybe after thinking about it every day for a very ...

Trend Trading

Stops are moved down on the AUD/NZD short. Since the 2nd bottom trade is 50% of the top base trade, all risk is removed and a little profit is locked in. image

Trend Trading

Set Base trade sl to BE and tacked on a second trade at 50% size for a 2 stack. This stage can increase profit potential to 150% while reducing risk by 50%. (Live Charts) image

Trend Trading

A new trading week: image

Trend Trading

Just something to think about. If you are trading professionally, do you know what your daily loss limit is, your weekly loss limit, your monthly loss limit? Do you already know what your maximum loss could be next month? Do you think you should ...

Trend Trading

Yes AG, that's just what I Have been thinking about. Usually the reason I get kicked out of a good trend that I would want to have stayed in is not an actual reversal, it's price volatility. When I initially enter a trade, I allow for price ...

Trend Trading

On March 10th 2009 Mark Haynes (RIP) called the bottom of the stock market crash to the day live on CNBC. It was the most amazing thing I've ever witnessed in investing. I can't even begin to explain it. I wish I had those abilities, but sadly I ...

Trend Trading

I'm not sure what you mean? The market is uncertain. I try to be as consistent as possible. It's hard when I suffer a 20% drawdown but it's the price of success. Show me a trader that has consistent large profits with no major drawdowns and I'll ...

Trend Trading

Perhaps some people can see a trend before it is well developed, but I can't. I see trends in hindsight. Looking at weekly charts we see many past trends lasting months. If a trend lasts 6 months and my system is designed to ride it for two weeks, ...

Trend Trading