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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you.

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  #11 (permalink)  
Old 01-30-2008, 12:29 PM
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uptick uptick is offline
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so how do you determine if youre placing a 500 pip or 200 pip stop loss?
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  #12 (permalink)  
Old 01-30-2008, 12:37 PM
FXTH FXTH is offline
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I use everytime 500 stop loss, it is my maximum... for protect my deposit... this near 400 happend about 10 times per year... and only 1x I loss really 500 pips.

In other ratio, average floating loss is about 200 pips per position. Average profit is about 170 pips and I trade only about 40 positions per year.... so you can calculate how is my yearly profit......... + I use multiply lots... so it is cumulative....
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Old 01-30-2008, 12:42 PM
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good luck!
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  #14 (permalink)  
Old 01-30-2008, 09:38 PM
havenoidea havenoidea is offline
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THE RATIO WIN VS LOSS

average 3:1

your ratio win vs loss

1:5

wanna vs me dis week ? till friday ?
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  #15 (permalink)  
Old 01-30-2008, 09:43 PM
FXTH FXTH is offline
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No it is not 1:5 or 1:3 ...... last year it was only 1x loss 500.... from 40 positions....

I wrote about floating loss.... not close loss position.....

When I trade long term... I dont need to catch small profits and I have to know about more floating loss with this startegy....
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Old 01-30-2008, 10:57 PM
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didjerdu didjerdu is offline
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Ok FXTH MR.Smartie Pants.....pray tell what is your secret to swing trading success? Tell us HOW you get such great results; what is your strategy and what indicators do you use?
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Old 02-04-2008, 08:34 AM
FXTH FXTH is offline
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now I open SELL at actualy price: 158,56
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  #18 (permalink)  
Old 02-04-2008, 08:41 AM
FXTH FXTH is offline
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I open SELL at actually price 158,56 .... ( sorry I have it here twise... I can not find the post 8:34....)

Last edited by FXTH : 02-04-2008 at 08:43 AM.
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Old 02-04-2008, 08:41 AM
zamajahz zamajahz is offline
 

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Quote:
Originally Posted by uptick View Post
so youre risking 188 pip profit for a 500 pip loss? i would rethink that strategy. just my opinion.
please give me more info on this system !!!
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  #20 (permalink)  
Old 02-04-2008, 08:42 AM
zamajahz zamajahz is offline
 

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Quote:
Originally Posted by FXTH View Post
I open SELL at actually price 158,56
give me more info on this strategy
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