I agree with that but the market offers not more than 4/5 high probability trades per day and if one does not work hard enough he will not be able to recognize them and will not learn how to take advantage of them.
I see...but I prefer to make good when I am right......I guess one has to find a why which suits his personality.......but the idea has merit for sure....
In my experience I also used a semi martingale method.....often with only + 3-5pips gain I could pocket about 4-5% per day especially in a...
one can trade without stop losses but he needs to be good at what he is doing.......when a trader take trades in the direction of the least resistance the trade might go against him but then it will come back at least to entry point.
Doing so one will have a great percentage of winning...
Anyway not trades for me today, PA did not make sense to me and I stayed out.....
I think tomorrow until before the news will be the same.....but we see...
this is the $ index chart on 5m
well..as you know...knowing you are lost will bring you back..
all good here, I have changed my style a bit but PA is my bread....feels better...
I will post a bit more in the coming days....maybe we can share a bit....
:)