one day pullback and we are off to races again, What can I say but SW called another winning trade
Great day!
Of all chart TA features, trends scare traders the most. What are they thinking?
More gains for Top Trade GBPJPY
They have a roullet wheel mentality, they think just because red numbers have come up 3 times in a row the next spin must be black. They apply that thinking to trading and want to short things moving up and buy things moving down. Their thinking is backwards
does this strategy apply in metals, crypto and stocks?
for those markets I like trading in the direction of the long term trend and buying the dips, Semicondutors is the top sector this year, up over 40% YTD, you can see how buying the dip would have made you a lot of money
A great week for you Dragon players, even if you waited until Monday’s pullback to get in on Top Trade GBPJPY you would be up about 400 pips right now. That is a great weeks work
dennis, name of the website, I forget and didnt found in bookmark.
Still swimming in Profits
what website?
Not much happening today
Note; I will be traveling the next few days and may not have internet at times, so if I should miss a post that will be why
enjoy your trip
Guys how much do you recommend risking per trade in % ?
I try to keep at 2% if its a strategy that is (currently) a consistent winner. Down to 1/3% if its some new variation I’m trying out.
(wrong thread)
Agree with Tommor, no more than 2% per trade. With Dennis’ rankings/trading, I’m still trying to figure out my ideal RM/MM as a wide stop seems optimal to let the trades breath, but at 3 ATR SL for example, the lot sizing is quite small, especially in comparison to taking initial profits at 100 pips or 1 ATR. On the plus side, there are more winners than losers, for me so far anyway
I have internet for a few minutes , so here is our current strength rankings, just a day of pullbacks