Quote:
Originally Posted by tjames35
Is anyone making money on Ninas systyem?
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Hi!
tjames, I do make money with CatFX50 system and many others do too.
Is CatFX50 system the only "tool" I rely on when trading? It isn't.
I never forget the daily open. I look at hourly opens. I have a plan. I have my weekly goal. I do not trade all day long. I've learned with blood and pain that trading is "gambling". I like to scalp. It is easy to do so if you know what you are doing. I trade mainly eurusd now. I've learned to focus on one pair. I've learned when to trade it. I have CatFX50 always running on TF 30m, but I use hourly and 5m charts without any indicators at all. And I never forget my levels of support and resistance.
I do not take into account nothing of what pundits say. No forecast. They know the same than you and me and their living does not come out of trading, but selling.
I do not think, I trade what I see. If I do not like what I see, I do not trade. When scalping, I always close 50-75% of my position once at +5-8 pips and then I place stop at be+1. I do not let any single trade go 10 pips against me. If I lose twice, I do not trade more that day. Sometimes, I get 5 pips to see my stop hit at be+1 and then the pair goes with fury up or down without me. No problem. I won and that is great. Sometimes, I enter and I do not have time to close it cause it keeps giving me easy money.
Again, learn to trade based on price action. Learn to trade using naked charts.
Good luck!