kiwiarian wrote:IgazI wrote:Everyone stops posting at the same time, it's like we're the Borg
PS: sold a few thousand bones worth of ADA at my BE price and put it on the Jasmy Hail Mary. . .
it doesn't really affect the outcome of the ADA play all that much, so why not.
Everyone is recharging before the next mission... Thats why they have school holidays, its not to give the students a break but the teachers
I have been reading Dojis thread and watching what Dave teaches masterclass on youtube as it looks similar to a few ideas on here.
I must have a few hundreed screen shots.
On my demo ftmo account last week I was playing around with risk amounts and was averaging around 1 to 4% just trading AUDUSD, with the market sessions indicator Don shared as like a candle bias on the 1m TF. I have got an average of the last 17 Asian and London session candles (40 and 36 pips) to either time a reversal or catch some of that movement and being aware of Zline and pivot opportunities.
Kind of sick of being on demo so opened up an account with
http://www.smartproptrader.com today so will see how I manage my emotions, took your advice to use real money.
My strategy seems a bit loose, because I'm still finding my way soaking this stuff up , but my bias is going to be key for me at this stage I reckon.
I do like this old post:
Pasted image 20230401122741.png
06, 12, 18, 24, 30,
36, 42, 48, 54, 60.
I just take the 6-minute closing prices, combine them into ranges, and then trade price leaving the ranges;
no need to use an indicator as there is just up, down, in, out.
I do see the benefit of using the M1 closes, it is just too small for my use case.
As I said in a previous post,
- deposit margin and never risk it
- deposit the money to be risked
- trade at 1/4 to 1/3 size until you get OPM
- only stack size when you have realized profits.
- only stack size to a planned maximum.