here's m15 and h1 view and small explanation on why i took it.Hope it will help and is clear to understand
Michal's Journal
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Michal
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Re: Michal's Journal
NZD/USD campaign
here's m15 and h1 view and small explanation on why i took it.Hope it will help and is clear to understand
here's m15 and h1 view and small explanation on why i took it.Hope it will help and is clear to understand
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All I need is Aims. Just love it !
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Michal
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Re: Michal's Journal
small rent
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All I need is Aims. Just love it !
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Michal
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Re: Michal's Journal
update as i was quite busy
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All I need is Aims. Just love it !
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Michal
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Re: Michal's Journal
You do not have the required permissions to view the files attached to this post.
All I need is Aims. Just love it !
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immy
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Re: Michal's Journal
Well done on this trade Michael. You can suit yourself but money management is one spot where I never EVER mess around. Do not mess with MM. ITS A DEFINITE CONSTANT. you can get in and out different spots but MM is BIBLE. Great trading discipline otherwise... nice very nice.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
Re: Michal's Journal
thank you Immy
Some time ago what i said to myself was if a get quite confident with Aims and be happy with the setup i might use 2% for a trade instead of 1 %.In a long term do you think is a bad idea? as i know rewards migth be just awesome and risk is still not that high.As i was reading elsewhere MM should stay on 1-5 % a trade which my 2 % is still bottom of the line. Please Aimsters share with me your thoughts on this topic as most of you guys do it for a living and you got way greater experience with trading! It will be much appreciated :-bd
Some time ago what i said to myself was if a get quite confident with Aims and be happy with the setup i might use 2% for a trade instead of 1 %.In a long term do you think is a bad idea? as i know rewards migth be just awesome and risk is still not that high.As i was reading elsewhere MM should stay on 1-5 % a trade which my 2 % is still bottom of the line. Please Aimsters share with me your thoughts on this topic as most of you guys do it for a living and you got way greater experience with trading! It will be much appreciated :-bd
All I need is Aims. Just love it !
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Michal's Journal
If you go with 2% then stay with 2% not that you randomly choose. It has to be consistent. 2% is quite acceptable.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
-
Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
-
Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
Re: Michal's Journal
You do not have the required permissions to view the files attached to this post.
All I need is Aims. Just love it !