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re: 'all that matters'....there is no end..:)
I like having a forum as serves as check in, similar to going to work, plus pretty good info, and some very
skilled traders here...do my own trades, will listen but stick to my instruments, no seat of pants flying,
so much for you to learn...keep going, minimize risk at all times..no matter what..
ask questions, develop method, be consistent...u workin?
no, don't attend confs...many yrs in fx..trini bank, etc consult miami banks trading solo now 13 yrs..
how abt your trading..
Dave..close call agin on 4 hr..but 1 hr did not overcome the filter of changing sig down, only a few pips
and will hold until clear dip, since 4 hr..not invailidated..
you are watchin/tradin mucho pairs young man
whatcha think euro, massa?
also whats your tp/retrace level
left for the long and did not have to use it because the 4 hr did not stop it and the 1 hr. kept its level on 21sam well enuff.
those close calls are something, but I could have stopped out waited, entered later, lost a few pips and spread...no biggie..as long as 1 hr and 4 on same page "I'll be there"
also going with the weekly trend now magnetic pull :)
whatcha trading?
occasionally the inv/dir proportion will turn and can produce a two way loss..maybe 10% of the time..
but also it will turn and produce a two way profit on both 10% of the time, both unprdeict..so not to worry but you have to be in the market to capture all scenarios, of course, bu all the time to capture all scenarios, of course. Lately,
correlations have been unpredictable, with bankwoys doin their thing, etc..
so there are many rules of thumb and ratios of the weight of each side depending on this and that..
when I commit to decent size say starting at 8-13
lots per side then utilize a pair system to minimize risk, which it does very well..
it bigger accounts less ror %,,becasue of the validity of hedging at these levels..(flat tail I think the call it in portfolio managment) so my momentum method can alert to exhaut and turn areas whoch is what it is about + risk managment..