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- runtherace replied Dec 4, 2020
If your stop loss is large and your take profit is little, then yes, sure, find a very profitable strategy (if you are desire to be on a never ending hunt). But when your stop loss is small, then the larger your take profit is, the less "accurate" ...
- runtherace replied Jun 11, 2020
In my opinion, no amount of technical analysis will predict whether it will move to 1.8. The economy will move that.
- runtherace replied May 17, 2020
I love your answer. Please expand
- runtherace replied May 17, 2020
I think the market is trendy and ranging when you define it as trendy or ranging. It is whatever you define it. Everyone has a different understanding of trend. I figure it's just all about risk management and being consistent in your strategy with ...
- runtherace replied May 16, 2020
I just sat and read this entire thread. A lot of good stuff but be aware to filter out the ones that argue; what a waste of reads.
- runtherace replied May 16, 2020
If you ever find the answer to this question, please let me know. I'm very interested.
- runtherace replied May 16, 2020
I think you have given the best answer.
- runtherace replied May 5, 2020
I never understand how people always use just a number as a stop loss or take profit; it seems like guesswork to me; it doesn't take into consideration any supports or resistances and the market's volatility is always changing so that 60 number will ...
- runtherace replied Apr 19, 2020
Thank you for your response. Would you not agree that when a pair is trending, it is likely to trend more? The problem is that the trend does not last long enough, so instead of a ranging market, we have weak trend reversals throughout, giving us ...
- runtherace replied Apr 17, 2020
Well now you're just showing off! I completely understand why, though. I remember when I thought "I had it all figured out"... I would talk just like the rest of the people, even like the post above me by emeka... "it's about patience, ...
- runtherace replied Apr 13, 2020
Please do share your strategy!
- runtherace replied Mar 10, 2020
Would you share some informative links? I know anyone can just Google it, but there is a lot of junk out there.
- runtherace replied Feb 17, 2020
I've run into similar situations and learned eventually that some inputs just don't do anything, not all indicators out there are perfectly made and sometimes a coder would create a parameter and forget to write a code related to it
- runtherace replied Feb 17, 2020
I'm personally still studying it on demo but I'm realizing that like EUR/USD has an affect on EUR/JPY. I think implementing things like this will go a long way
- runtherace replied Feb 7, 2020
So true. I think a lot has to do with how precise traders try to be, I honestly think it's just like riding a bike, you can't put too much thought into the mechanics but just develop a feel for it without being over technical
- runtherace replied Jan 7, 2020
I've always wondered... What if instead of creating a strategy from scratch, we create a system based on other people's successful trades? Like to plot their trades on a chart and develop a strategy from that.
- runtherace replied Dec 22, 2019
Thank you so much! Still a learn in progress but I believe I will get there...
- runtherace replied Dec 16, 2019
Much truth in your answer, thank you. Would you write up some scenarios of situations where you would consider a trade no longer valid, and thus needing to exit early? As they say, "cut losses short". I know it may be a difficult one to answer, but ...
- runtherace replied Dec 14, 2019
Is it true that having a stop loss or take profit inside the terminal, that brokers have these systems set up that increase the spread when they are getting close, just to take some more money from you and/or delay trade close? I heard it is better ...