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I do sometimes think I need a twin, one who can turn off the scalper's brain. That trade from yesterday just kept on truckin' and is sitting at the moment on 1:7 RR. (18 pip stop). Interesting... EA15-minDeadHorseOn A LongDistanceRunShowing1to7RR.png Its just easier being what you are an do the dam...

I do sometimes think I need a twin, one who can turn off the scalper's brain. That trade from yesterday just kept on truckin' and is sitting at the moment on 1:7 RR. (18 pip stop). Interesting... EA15-minDeadHorseOn A LongDistanceRunShowing1to7RR.png Its just easier being what you are an do the dam...

EURUSDM1 Short at a 50% retrace. I risked 2.5 pips. Trading off the M1 and looking at the M5 also, I feel I can get away with about 2.5 pips risk. That doesn't mean I am increasing my size. What it means is I can control my stats by having a better RRR. If I'm risking 2.5 pips and I'm gaining 2+ pip...

My day of trading, 5 pips total. Out on same candle as entry. m5.JPG You are making trades to get 5 pips and not trying to get 5 pips on each trade? Hopefully you reduced your risk also. Not usually, but current price action can still sway my decisions. I later took a 4 and a 5 pipper. I only let O...

A little MightyOne-ism
Price goes from entries to exits back to entries.

aliassmith wrote:EURUSDM5
Short for 4R move I was thinking it might go to 5R but I'll take my profit now thanks
Entry was on the break of the small red candle before the move short

Well it did go to 5R. I do suck at targets and patience.

EURUSDM5
Short for 4R move I was thinking it might go to 5R but I'll take my profit now thanks
Entry was on the break of the small red candle before the move short

prochargedmopar wrote:My day of trading,
5 pips total.
Out on same candle as entry.

m5.JPG

You are making trades to get 5 pips and not trying to get 5 pips on each trade?

Hopefully you reduced your risk also.

Necroing this pretty thread, hope this is ok, because my question MAY BE about head stuff not technical, and also not just a question to Alias, I want to see if anyone else have this issue. I made my 100th trade yesterday, it's certainly looking rosy. Looking at my trades, around 70% were short and...

Necroing this pretty thread, hope this is ok, because my question MAY BE about head stuff not technical, and also not just a question to Alias, I want to see if anyone else have this issue. I made my 100th trade yesterday, it's certainly looking rosy. Looking at my trades, around 70% were short and...