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Dear Nitin,
Han ji! Please be so kind to let us know where was your initial stop and how did the trade progres! Did you move stop after some time or was -10 pip initial stop loss? Why did you chose that place for entery, stop? What made you move stop if you did,...etc!
Sasa wrote:Dear Nitin,
Han ji! Please be so kind to let us know where was your initial stop and how did the trade progres! Did you move stop after some time or was -10 pip initial stop loss? Why did you chose that place for entery, stop? What made you move stop if you did,...etc!
Br
Saša
Nitin wrote:-10 on Eu 5 min
Hello Sasa ji, my initial sl was at opposite side of aims box around(as written in manual). I always close my trade on these three parameters
1.Opposite Dot(black dot/diamond)
2.Trailing Aims levels
3.And my fixed target.(tp)
In above case I closed my trade manually on black dot. For me initial sl (at opposite aims level)is just a method to secure my capital from a sudden opposite market movement.Hope it helps
Your journal is an inspiring place for the beginners, since they can connect with your story, since all beginners face the same dilemma. I feel confident to see how you have been able to convert losers into winners through your patience and discipline.
Today, I had a chance to go through the entire length of your journal; I have a quick observation to make...it seems that profits/losses could be increased/decreased by trailing SL for the last 5 candles.....even better, there were cases of 5 consecutive candles of the same color, so SL could be trailed behind the last candle......
Although, I am still learning from people like you, I thought of bringing this point to your notice, so that I could be corrected, in case I am carrying some wrong notion....