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maybe you are doing is too fast in finding an open spot. and that I think is a big mistake. as a good analysis. analysis should range from 15 minutes to see the price movement, and after that we take an open position. if we take 10 points in my opinion a good SL is 30 points. because if SL is too small, the price will touch our SL.
thank you .. . sir. with the trading strategies we can understand when placing a good position. and secondly we must also understand the opening of the market price, so it does not happen any more mistakes in the open position. SL installation is expected, not an obligation or a suggestion, but a good management
from which you express I can understand, here we studied from the point of a signal that you mean, I thank you for the reply, but by taking the inversion of the signal itself is not at risk for our trade account.
but often times when the price on the sideway position. This system is not appropriate. why I talk so, I've experienced it, is based on personal experience, you should use this system when the price will move large, so in my opinion
why do you say will not work, you mean it is not possible because the installation whether SL is too close, to the position of price movements are often touching. but can actually smart if we analyze a trade, without the installation of SL we can achieve 100% profit, with the indicator BB (Bolinger Band) capable of revealing the results of a price point of saturation, this indicator is capable of obtaining profit without SL. but the point that we take is relatively small, because the BB we use scalping is not longterm
An indications blindly next can certainly create consume anyone to loos in the event you follow an indicator blindly. So make you sure experiment fine a great signal prior to starting along with the base of fundamental analysis.
i use to use this strategy when i was new to forex but sumtines i used to get losses than later i started to get more losses so i stoped and started to follow the trends frm sites made good profits but then i made a mistake and got margin call
Yes, this is always true indicators give wrong signals to anyone and can not be relied upon alone without technical analysis and classical, and others. Index follows the price and not price is the one who follows the cursor Be sure of this, so do not rely on any index only whatever
thestrategy you use determines the stoploss you use and where you place them.I have a scalping system that uses a mental stoploss so my trade can have room to reach where i rxpect it to reach.Scalping uses a tight stoploss
Yes anoha I am totally agree with you Indicator can't give 100% accurate signal but there is also another way if you use multiple indicator (SOme of the best ) then if all satisfy the same condition the we can go for it.Quote:
Originally Posted by anoha