Simple as this
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| The Captains Chest - Naked Trading & Other Stuff https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572 |
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| Author: | as28 [ Fri Oct 09, 2015 11:46 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Could you give us more explanation why you have these trades? CJPY GA and UC? |
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| Author: | sympathy [ Fri Oct 09, 2015 11:49 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Simple as this |
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| Author: | sympathy [ Fri Oct 09, 2015 11:52 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Am gona enter this trade with another style once that trend-line is broken, i hammer it down |
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| Author: | sympathy [ Fri Oct 09, 2015 11:58 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I lost some cash bcos of this pair pinning up/down but today am gona hammer the hell out  |
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| Author: | sympathy [ Fri Oct 09, 2015 12:11 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
 CAPTAIN......................Still testing some stuffs guys |
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| Author: | forexnerd11 [ Fri Oct 09, 2015 12:34 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hi sympathy any reason behind multiple positions at same price point. Is it for scaling purpose ? thanks |
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| Author: | sympathy [ Fri Oct 09, 2015 2:31 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Once i see a nice setup, i place as much as i can bcos i know i will win it.you can double your account in a day but if you fail, hmmmm is gona be a problem to your account |
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| Author: | sympathy [ Fri Oct 09, 2015 5:07 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
EG  |
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| Author: | matt_32 [ Fri Oct 09, 2015 5:11 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Sympathy , I was wondering that too. Please explain why don't you use higher lot sizes and you prefer a lot of smaller entries at the same point. I mean why you enter with 5 trades of 0.10lots instead of one trade of 0.5lots ? Thanks in advance Matt  |
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| Author: | Captain Jack [ Fri Oct 09, 2015 5:23 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I do the same thing...the reason I place multiple trades at or near the same point is because I am not risking a huge initial trade and exposing myself to a larger loss if I am wrong. I place a trade, and if it performs as I think it should, I add more orders. I will continue to add orders once the trade confirms and starts moving in the intended direction. If I'm wrong on my initial order, I take my small loss and move to the next setup. Sympathy can confirm this I believe, but there is a "rhythm" to these trades... it's almost like a song, a dance or movie that you have seen before. Once you pick up on this "rhythm", you will know when that initial trade is correct or not, just the same as you know the next note of the song, the next step of the dance or the next scene of a movie that you have seen multiple times. -CJ- |
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