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  • #55,461
  • Dec 10, 2024 9:15pm Dec 10, 2024 9:15pm
Quoting IndianFX
Why Big Budgets Are Essential for Successful Trading? Trading with a big balance is essential for consistent success in the financial markets. Larger capital allows traders to maintain proper risk management, ensuring they don’t over-leverage or risk excessive amounts on single trades. It provides flexibility to diversify investments across multiple assets, reducing overall risk exposure. Small accounts often face limitations as the impact of transaction costs, like spreads and commissions,...
Again, I think 100% is great a standard measure. Like if one's account can take 100 trades before blown out, then that balance is sufficient to trade the signal.
For example, a 100usd to take 100 trades will mean 1usd per trade. But to trade this successfully, that trader will need a cent account, and make it 100 cents to trade 0.5 lots per 20pips SL, and trail profit or do the usual 1:2,3,4,5 R:R.
This is what I do now.
It is part of my entire trading system.
Learn... Work Hard... Trade Alone
  • #55,462
  • Dec 10, 2024 9:17pm Dec 10, 2024 9:17pm
Looks like we're steady for incoming CPI.
  • #55,463
  • Dec 10, 2024 9:17pm Dec 10, 2024 9:17pm
Got a nice entry on GOLD yesterday night. Holding until CPI. BULLLL
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X - https://x.com/macrodave_
  • #55,464
  • Dec 10, 2024 9:18pm Dec 10, 2024 9:18pm
Quoting BiteFX
{quote} Again, I think 100% is great a standard measure. Like if one's account can take 100 trades before blown out, then that balance is sufficient to trade the signal. For example, a 100usd to take 100 trades will mean 1usd per trade. But to trade this successfully, that trader will need a cent account, and make it 100 cents to trade 0.5 lots per 20pips SL, and trail profit or do the usual 1:2,3,4,5 R:R. This is what I do now. It is part of my entire trading system.
When I leave trades floating in losses because my balance is big, I eventually end up doing emotional trading which is very dangerous to the trader. Instead, letting probability play out in my favor is usually hard to follow because we are humans. If I can successfully automate the system, I know I will be fine.
Learn... Work Hard... Trade Alone
  • #55,465
  • Dec 10, 2024 9:20pm Dec 10, 2024 9:20pm
Quoting BiteFX
Sold 2699.70 SL 2701.70
SL
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  • #55,466
  • Dec 10, 2024 9:20pm Dec 10, 2024 9:20pm
Quoting 0drawdown
Got a nice entry on GOLD yesterday night. Holding until CPI. BULLLL {image}
I realize I am the only SWING trader in this thread. Scalpers only?
X - https://x.com/macrodave_
  • #55,467
  • Dec 10, 2024 9:22pm Dec 10, 2024 9:22pm
h4

https://www.forexfactory.com/thread/...5#post15085765
vankiepsauff@gmail
  • #55,468
  • Dec 10, 2024 9:22pm Dec 10, 2024 9:22pm
Asian trading session will be an adjustment around 2700 +/-5 ; Traders should be cautious in catching tops and bottoms, if possible, follow the small chart.
  • #55,469
  • Edited 9:44pm Dec 10, 2024 9:26pm | Edited 9:44pm
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Stay Under my dealer's RADAR
  • #55,470
  • Edited 9:48pm Dec 10, 2024 9:31pm | Edited 9:48pm
Quoting taolatoma
Asian trading session will be an adjustment around 2700 +/-5 ; Traders should be cautious in catching tops and bottoms, if possible, follow the small chart.
Yeah, I've dropped to M1. You've got great insight Buddy.
Learn... Work Hard... Trade Alone
  • #55,471
  • Dec 10, 2024 9:33pm Dec 10, 2024 9:33pm
Sold 2700 SL 2704... Had to adjust SL to 40 pips which automatically reduced the lot size.
Learn... Work Hard... Trade Alone
  • #55,472
  • Dec 10, 2024 9:41pm Dec 10, 2024 9:41pm
Quoting BiteFX
{quote} When I leave trades floating in losses because my balance is big, I eventually end up doing emotional trading which is very dangerous to the trader. Instead, letting probability play out in my favor is usually hard to follow because we are humans. If I can successfully automate the system, I know I will be fine.
Copy trading strategy is good. we focus on risk management by splitting the total balance across multiple accounts, ensuring that no single trade or account is overly exposed. Each account is assigned a specific risk percentage, which we adjust based on the overall market conditions and individual performance. By handling this process ourselves, we maintain control over our risk exposure, ensuring that even if a trade goes wrong, the financial impact is minimized, with only a small portion of the balance at risk. Instead of trading with large amounts in a single account, we opt for smaller accounts, which allows for a more gradual yet potentially substantial growth over time. This strategy helps to avoid the emotional stress and impulsive decisions that can arise from large losses or high-stakes trading. By focusing on steady, controlled growth, we can achieve consistent success without the pressure of emotional risks.
SURFER
  • #55,473
  • Dec 10, 2024 9:44pm Dec 10, 2024 9:44pm
Quoting taolatoma
Asian trading session will be an adjustment around 2700 +/-5 ; Traders should be cautious in catching tops and bottoms, if possible, follow the small chart.
Looking good so far, I think we caught a reversal on M1.
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  • #55,474
  • Dec 10, 2024 9:52pm Dec 10, 2024 9:52pm
Quoting BiteFX
{quote} Looking good so far, I think we caught a reversal on M1.
I will exit when I see a buy reversal... For now, let me see what the bears can do.
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  • #55,475
  • Dec 10, 2024 10:06pm Dec 10, 2024 10:06pm
Can someone please check what would be the reason behind the increase in spread b/w Future and Spot (it almost doubled )
  • #55,476
  • Dec 10, 2024 10:08pm Dec 10, 2024 10:08pm
Quoting Vb999
Can someone please check what would be the reason behind the increase in spread b/w Future and Spot (it almost doubled )
Contract switch in Futures.
  • #55,477
  • Dec 10, 2024 10:08pm Dec 10, 2024 10:08pm
Price reaction near yesterday's close.
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Learn... Work Hard... Trade Alone
  • #55,478
  • Dec 10, 2024 10:26pm Dec 10, 2024 10:26pm
Quoting BiteFX
Price reaction near yesterday's close. {image}
great scalp
  • #55,479
  • Dec 10, 2024 10:28pm Dec 10, 2024 10:28pm
Breakout Scalping
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Holy Betting Grail strategy
  • #55,480
  • Dec 10, 2024 10:28pm Dec 10, 2024 10:28pm
Quoting pipHunter2
{image} {image} {image}
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Stay Under my dealer's RADAR
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