lexys:
I trade a few little systems, each slightly similar and traded from the same charts with the same position-sizing, which I’ve cobbled together over the years after being influenced by the price action observations and principles of Joe Ross, Bob Volman, Al Brooks and others. Between them they produce about 70 short trades per month, mostly on Cable and the Euro - it would be more if I worked harder. I also have one other fixed-time, breakout-based system which is nearly “set and forget” and trades about 25-30 times per month, also on Cable and the Euro.
So is that 100 trades a month? Those are pretty good numbers, for me anyway (I generally put in 20-30 trades a month).
lexys
October 11, 2015, 7:36am
22
Yes - about that. (98 in September - doubtless fewer this month, because I’ve had a week off.)
Karlsen
November 21, 2015, 8:48pm
24
Stop loss has to be used wisely and can make a massive difference in how our overall results end. I usually prefer scalping where you don’t often use stop loss, but for longer form, it is very crucial to have as tight stop loss as possible.
Its good to use stop loss for us to prevent unforeseen ambush in our trades and control risk.