Today i took this loss, it's ok but i had no occasion to reverse it..
I'm still waiting for her to return
If i find that price could never come back i better would have to rethink at my position sizing model
How to be a MOnster
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- Mira
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Re: How to be a MOnster
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Re: How to be a MOnster
Mira wrote:...
If i find that price could never come back i better would have to rethink at my position sizing model
Are you using a stop loss (risking lines & making lines)?
- Mira
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Re: How to be a MOnster
MightyOne wrote:Mira wrote:...
If i find that price could never come back i better would have to rethink at my position sizing model
Are you using a stop loss (risking lines & making lines)?
Yes, I'm trading and normalizing risk.
.. but my idea was to reverse the trade after a close against me (or a full stop), the problem is that I haven't considerate that price could never come back, and trading the BO offers a bad price.
Thanks Mo!
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Re: How to be a MOnster
I think that this was another chart that you were watching?
Interesting to see it play out in P&F:
Interesting to see it play out in P&F:
- elkin.fernandez
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Re: How to be a MOnster
Hi, friends,
I´m here again.
Some days ago, I open a trade in UC. I have learned some lesson during this trade and I have applied MO´s ideas and thanks to God I´ve got some $$. LOL.
I trade EU too but in this case I was stopped. I think was because I forget the idea: "BDP" in higher frames. I shorted and EU went up strongly.
Anyway, this is my trade. I cant add size at 1.3067 (when I must add size) because when I decide to use OPM price had already hitted this level. Although I put a limit order. Price does not have oil to go up and reached it. LOL.
Too thanked with MO. I start to SEE. OMG. Everyday I SEE all clearer. LOL.
I´m here again.
Some days ago, I open a trade in UC. I have learned some lesson during this trade and I have applied MO´s ideas and thanks to God I´ve got some $$. LOL.
I trade EU too but in this case I was stopped. I think was because I forget the idea: "BDP" in higher frames. I shorted and EU went up strongly.
Anyway, this is my trade. I cant add size at 1.3067 (when I must add size) because when I decide to use OPM price had already hitted this level. Although I put a limit order. Price does not have oil to go up and reached it. LOL.
Too thanked with MO. I start to SEE. OMG. Everyday I SEE all clearer. LOL.
My long term bag: Bitcoin, ZCash and Chainlink
- Mira
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Re: How to be a MOnster
MightyOne wrote:I think that this was another chart that you were watching?
Interesting to see it play out in P&F:
for_Mira.png
Thank you MO!
I was thinking at a method to merge Ovals with P&F.. but i still don't know if it's weird or not
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- Mira
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Re: How to be a MOnster
elkin.fernandez wrote:Hi, friends,
I´m here again.
Some days ago, I open a trade in UC. I have learned some lesson during this trade and I have applied MO´s ideas and thanks to God I´ve got some $$. LOL.
I trade EU too but in this case I was stopped. I think was because I forget the idea: "BDP" in higher frames. I shorted and EU went up strongly.
Anyway, this is my trade. I cant add size at 1.3067 (when I must add size) because when I decide to use OPM price had already hitted this level. Although I put a limit order. Price does not have oil to go up and reached it. LOL.
Too thanked with MO. I start to SEE. OMG. Everyday I SEE all clearer. LOL.
Hi Elkin!
Welcome back!
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Re: How to be a MOnster
I would do something like the attached, on a large chart, as price is falling, or catch price on a retracement.
But if you are not going to get out prior to reaching your TP and you feel that you have too much space then,
sure, why not increase your position size for that last little bit.
But if you are not going to get out prior to reaching your TP and you feel that you have too much space then,
sure, why not increase your position size for that last little bit.
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