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Příspěvky od forex_trader_89392
Times
v
Obchodní systémy
Jan 26, 2013 at 14:53
Weekend Review: January 24 was the first day with a drawdown. Why did the day end negative? Below, I discuss the possible causes and remedial steps.The biggest loss was 35 pips even though losses were not supposed to exceed 20 pips. I identified the reason to be operating with a mental stop loss, which was flawed since price spikes can travel several pips within seconds. To prevent any recurrence every trade will now come with a hard stop-loss and I have pre-set the loss limit at 18 pips (in effect since January 25).The 46 pip win was a pyrrhic victory. Even though the trade came with minimize...
Times
v
Obchodní systémy
Jan 21, 2013 at 09:11
This is a day trading program that utilizes a simple technical system with moderate leverage. Money management and rigorous discipline in trade execution are at the core of this project.Trading is closed on Weekends and during US & UK Public Holidays. Trading hours are 2.00 am to 11:30 am EST (GMT-05:00). More than 5 trades are estimated on an active day. Only the EUR/USD pair is traded and only one trade is open at any time (A new trade is executed only after the previous trade is closed). Each trade has a stop loss of 0.8%. The maximum time a trade can remain open is 2 hours. Daily l...
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