even though you can make 34% in a week you can lose large amounts being as foolish i have been
Also i would like to state the reason i could make 34% in a week is because im trading like i have 1k more then i have.. example at 1001$
im trading like i have 2000$ and i did some pretty crazy stuff on small TF's.. witch doesnt always work out too well .. hehe..
This week i was expecting the EUR/USD to go up further.
I have done 1 continuation trade and would like to share it.
Risking 2% i started with 150 pips of space.
Placing my ## at the previous weekly candle extreme and keeping my
00 behind the last pullback on the 90m (way to small TF im sure )
Long 1.3429 @ 6 lot line with 0.6 lots and going flat at CZ1 1.3557
6/4 * 228 = 342 space
I then proceed to adjust my ## to the current extreme and shrink
space to 114 giving me 200% while keeping my 00 behind the last pullback.
Long 1.3550 @ 6 lot line with 1.8 lots, flat at CZ2 1.3664
18/4 * 190 = 855/3 = 285 and shrink further 188 getting another 50%
Again i adjust ## to current extreme while keeping 00 behind most recent pullback.
Long 1.3611 @ 6 lot line with 2.7 lots, Flat at the back of CZ2 1.3700.
Disclaimer: Hope i havnt mixed any numbers up or anything.. i am very tired and have had a good few beers...
Also i am NOT trying to teach anyone anything or give advice.. im basicly just bragging about a trade then went well and hoping MO
will tell me its all wrong and i should fix this and that.. im doing well but i have been here for about 3 years and im not rich.. so... yeah..