es/pip, I tried TRO DTB method but scalping for 5 pips with huge drawdowns didn't work for me, and his other way are totally mystical for me. He's just dropping screenshot and expect everyone to understand what he is doing.
Here's mine chart. I guess it was my mistake but I was looking at bigge rpicture daily and I was aiming for longerterm trade for about 200 pips
I was looking at this aim:
let me say this first
if you are going to continue to try and make trading work for you, you r going to have to take a never give up never quit attitude. THat you emotionaly and mentaly will not accept anything less than what you want. Then you make it happen
trading is 5-10% knowledge and 90-95 % emotions--- or somewhere around that
i have been looking at charts and trying to trade for 12 years
6 years ago i started making steady money and it has just got better from there
i lost more money than you could imagine----my money, others peoples money and borrowed money
i had no real idea what i was doing, but finaly figured it out
you are presented with info from everyone on this site that contributes that allows you to significatly reduce your potential learning curve.
Trading is not for everyone. If its not for you then quit and save yourself the pain of going thru the learning curve. If it is for you then you have to change your attitude and make it work.
and lastly----- i cant believe i am going to say this again---- no matter what stye anyone is learning to trade EITHER TRADE DEMO OR AT A $ PER PIP THAT HAS NO POSITVE/NEGATIVE IMPACT ON YOUR ACCOUNT---- this will save you $$$$$ and your sanity
then when YOU KNOW WHAT YOU ARE DOING then start applying %'s and risk and grow your account
on that trade
the only acceptable reason to have that large of a stop is if you have been playing the whole way up getting in and out and adding pips( from profits) to your stop with your end target in mind
look at how far it has moved off the bottom
you have large amounts of held profit below you
you got in half way up the move( with no profits) and took a new position --with risking a huge stop 1/2 of the move up
Bend over and assume the position for another 4 years of hope and change.