fxwinner22
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This is what PMs are for.
Why are you DELIBERATELY trying to derail this thread?
if you owned ths forum avery we might take notice of you. .... but you dont so go sit on that non-existent beach.
This is what PMs are for.
Why are you DELIBERATELY trying to derail this thread?
Hi Bunny:
I am not looking for pips BEFORE I enter the trade, I look to see how many I can take AFTER I enter the trade.
Most people are focused on RULES.
If you are trading $100 or more per pip, maybe all you need is to gross 5 pips a day and you're done.
Someone pointed out VOLATILITY. Some hours are more volatile than others. But some traders may like a slower pace.
You don't have to trade 8 hours a day to be profitable. Just one or 2 trades can be more than enough DEPENDING ON WHAT YOU SEE!!
This is what PMs are for.
What happened to the "ALL YOU NEED TO TRADE IS A HORIZONTAL LINE" & "BUYZONE" threads on T2W is, IMO, after lots of initial interest sparked by the boldness of the titles etc. after I & others such as Bansir's demo/test reports, pointed out the inherent weaknesses of these trade entry plans :!:, these threads basically dropped off, as other readers probably saw for themselves what a load of cods wallop the trade entry plan :!: was.
TRO has relaunched much the same stuff, repackaging the horizontal lines slightly @ 1/4 100's, and as rols pointed out - this thread has become a serious case of Deja Vu. :!::!::!: :!: :!::!:
Sorry, thought the PM facility was just there for the exclusive use of spammers and vendors
For me, this thread is at best - irresponsible.
It is designed to appeal to newbies.
It outlines a TRADE ENTRY PLAN only. Yet it is "advertised" under the title - "NEVER LOSE AGAIN!!!"
It is the trading equivalent of a swimming instructor telling a class of 5 year olds to jump into the water.
The swimming instructor, knows for themselves - "Whoops, i haven't told them what to do next have I.....or how to do it! (swim). And they haven't got their arm bands on!"
Am I right in thinking that would be 8 wins in a row today so far with no losses??
Bunny
Another option could be to take half profit at the first target and then look for double the distance for the 2nd target? Or how about using the distance from the stop to the first target and extending that for the 2nd target?? Time Will Tell
If anyone is still reading this thread some feedback or indeed your own observations and ideas on the above posts would be very much apreciated.
Bunny
If I understand correctly then 8 wins in a row is nothing to boast about.
8 wins x 5 pips = 40 pips
2 losses x 20 pips = 40 pips
So even with a win ration of 80% this system will make you 0.