Aliassmith Beats a "Dead Horse"

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sat Mar 27, 2021 11:00 pm

I don't trade the GBPNZD
It does appear to setup on the M1 chart.
Slope is up for longs then slope is down for some shorts.
If the spead is high it might not be worth it.
EURAUD seems to do decent. Lem has made a truck full of cash trading it.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sat Mar 27, 2021 11:07 pm

If you trade a daily the spread isnt a big deal.
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LeMercenaire
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Re: Aliassmith Beats a "Dead Horse"

Postby LeMercenaire » Sun Mar 28, 2021 12:10 am

aliassmith wrote:I don't trade the GBPNZD
It does appear to setup on the M1 chart.
Slope is up for longs then slope is down for some shorts.
If the spead is high it might not be worth it.
EURAUD seems to do decent. Lem has made a truck full of cash trading it.


Yeah, I don't like GN, it doesn't suit Dead Horse very well imo. Violent and spikes, not very repeatable in its moves.

EA and EU are far superior, especially on the 15 min charts.

The indices are a different animal and suit the 1 min tf very well.

So, as in all trading, (Dead) Horses For Courses.

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Mar 28, 2021 2:26 am

Dow/US30
To lucrative
20% trade with 10 point SL
Dead horse
They don't work like that all the time
But 20x is insane
So 20% on that $400k FTMO account is $80k
I'm sure Prochargedmopar would hate that he only gets $56k for 1 day. :oops:
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Lvup7
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Re: Aliassmith Beats a "Dead Horse"

Postby Lvup7 » Sun Mar 28, 2021 2:55 pm

aliassmith wrote:Dow/US30
To lucrative
20% trade with 10 point SL
Dead horse
They don't work like that all the time
But 20x is insane
So 20% on that $400k FTMO account is $80k
I'm sure Prochargedmopar would hate that he only gets $56k for 1 day. :oops:



Similarly, Do you think its feasible to go heavy on forex crosses like EA GN on FTMO. Say with 400k, go $400/pip 10 pip stop without experiencing much slippage?

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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Mar 28, 2021 7:40 pm

Lvup7 wrote:
aliassmith wrote:Dow/US30
To lucrative
20% trade with 10 point SL
Dead horse
They don't work like that all the time
But 20x is insane
So 20% on that $400k FTMO account is $80k
I'm sure Prochargedmopar would hate that he only gets $56k for 1 day. :oops:



Similarly, Do you think its feasible to go heavy on forex crosses like EA GN on FTMO. Say with 400k, go $400/pip 10 pip stop without experiencing much slippage?


I dont trade those pairs. Trading high liquidity pairs hasn't been an issue.
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Re: Aliassmith Beats a "Dead Horse"

Postby Lvup7 » Sun Mar 28, 2021 8:12 pm

aliassmith wrote:
Lvup7 wrote:
aliassmith wrote:Dow/US30
To lucrative
20% trade with 10 point SL
Dead horse
They don't work like that all the time
But 20x is insane
So 20% on that $400k FTMO account is $80k
I'm sure Prochargedmopar would hate that he only gets $56k for 1 day. :oops:



Similarly, Do you think its feasible to go heavy on forex crosses like EA GN on FTMO. Say with 400k, go $400/pip 10 pip stop without experiencing much slippage?


I dont trade those pairs. Trading high liquidity pairs hasn't been an issue.



Intraday trading, sometimes I go the whole day without a setup. This bothers me more than it should. Trying to shift my psychic and think more in term percentage gained. In general (I know everyone is different and has their own financial needs) what do think is good weekly percentage return on an account?

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Mar 28, 2021 10:12 pm

Lvup7 wrote:
aliassmith wrote:
Lvup7 wrote:

Similarly, Do you think its feasible to go heavy on forex crosses like EA GN on FTMO. Say with 400k, go $400/pip 10 pip stop without experiencing much slippage?


I dont trade those pairs. Trading high liquidity pairs hasn't been an issue.



Intraday trading, sometimes I go the whole day without a setup. This bothers me more than it should. Trying to shift my psychic and think more in term percentage gained. In general (I know everyone is different and has their own financial needs) what do think is good weekly percentage return on an account?



I'll respond to your last question now and get back to the other part.

How much is a good weekly return?

That question along with its many variations is probably one that I see the most and there is no real answer.

All I can say is create a plan that gives you an edge and execute it as best as you can.

But.... to make trading worthwhile you should at least outperform WallStreet. I would say over 50% a year.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Mon Mar 29, 2021 4:48 pm

I want to be like a Youtuber:

I just made 100 pips in 15 minutes.
Make sure you like and subscribe
You can also signup for my signals and $1000 course.


Lol.....
Then you find out they wasn't trading forex.
It was indices like the Dow/US30 that trade by points/ticks
To many of these people with so much lack of knowledge.

I did however make 100 points in a frw 5 minute candles tho :mrgreen:
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Re: Aliassmith Beats a "Dead Horse"

Postby Lvup7 » Mon Mar 29, 2021 6:03 pm

aliassmith wrote:I want to be like a Youtuber:

I just made 100 pips in 15 minutes.
Make sure you like and subscribe
You can also signup for my signals and $1000 course.


Lol.....
Then you find out they wasn't trading forex.
It was indices like the Dow/US30 that trade by points/ticks
To many of these people with so much lack of knowledge.

I did however make 100 points in a frw 5 minute candles tho :mrgreen:


Good one.


Wick in the direction of loss. What are some signs on a higher time frames that will tell you to stick it out for bigger gains, rather than taking 1x or 1.5x?
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