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PipsAhoy VIP Signals (By justintime515)
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PipsAhoy VIP Signals Discussion
Feb 26, 2020 at 11:15
Member Since Feb 16, 2020
1 posts
Hi Justin, joined VIP on the 12th of Feb. So I'm having a negative performance as I missed the 1st week of Feb. Not too worried, I'm doing this for some time now. My question is:
- you refer to use 1% trades for risk management
- but on this account and if I understand correctly from the YT video on how you grew your account by 70% in 30 days, I believe you used lots risking significantly more than 1%.
Can you please ellaborate? Tks
Hugo
- you refer to use 1% trades for risk management
- but on this account and if I understand correctly from the YT video on how you grew your account by 70% in 30 days, I believe you used lots risking significantly more than 1%.
Can you please ellaborate? Tks
Hugo
Mar 14, 2020 at 22:28
Member Since Apr 25, 2019
55 posts
Divergence alone is not going to work.
1 - It occurs all the time. And its only indicating end of current move. Not a reversal. Instead, mostly, price goes into a flat move after divergence. And continues in the old direction.
2 - Divergence is not necessary for trend reversal. Most reversals happen without Divergence.
3 - You may win some divergence trades. But will lose it all to other times when it does not work.
1 - It occurs all the time. And its only indicating end of current move. Not a reversal. Instead, mostly, price goes into a flat move after divergence. And continues in the old direction.
2 - Divergence is not necessary for trend reversal. Most reversals happen without Divergence.
3 - You may win some divergence trades. But will lose it all to other times when it does not work.
Member Since Sep 13, 2017
140 posts
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