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I am full time forex long term is better my system use in long term, 50 to 200 pips for trade 8 pairs my system p = NOW LONG TERM no intraday term , I use in real too
My one of the reason to open up this thread to combine long term traders here. The whole forum is all about short term trading. So nice to hear from you. I will appreciate if you put your trades here, time by time, if possible real time.
By the way your statement is great but very few trades i can see. However, you can keep your trades record here in this thread to compair with us too.
Thank you,
SFX
yes, sorry my post is litlle time but I post more result no problem, you forund in foru the thread SYSTEM P in manual system you will see my system in intraday , now I start day 25 only long term , I made 800 pips intraday 1 moth with my system , but intraday I dont like , I prefer long term and I test the system now 200 pips now
Hi tradespain, any details on your system? btw nice pips!
i have a new short u/j. my euro long had the target hit but i stuffed up and put the whole position in the target.. no complaints though ... still holding u/c long and long aud/nzd is nearing b/e
It is recent update regarding my open positions. E/G is still slow so it will take time. However, G/CH is going good. Not taking any more positions, right now.
Rgds,
SFX
It is recent update regarding my open positions. E/G is still slow so it will take time. However, G/CH is going good. Not taking any more positions, right now.
Rgds,
SFX
congrat sir..
i think i need to learn from u..
normally how long u open your position b4 take the profit?
tq
My other two position are going good. There is no reversal seen uptil now, as soon as i will see any reversal i will close my half position and keep the half running with break even +1 stop loss.
I think break of 1.8900 level of G/U will confirm upside of pound. I am thinking about taking half position if this level breaks.
Rgds,
SFX
My other two position are going good. There is no reversal seen uptil now, as soon as i will see any reversal i will close my half position and keep the half running with break even +1 stop loss.
I think break of 1.8900 level of G/U will confirm upside of pound. I am thinking about taking half position if this level breaks.
Rgds,
SFX
When you say you take out half of your position, do you mean you had two orders at the same time and when the target is reached, you close one order and keep the other one? I've always been intrigued by this method because in the long run, it is quite clever to keep all possibilities open and still get profit, and in the worst case, just break even.
When you say you take out half of your position, do you mean you had two orders at the same time and when the target is reached, you close one order and keep the other one? I've always been intrigued by this method because in the long run, it is quite clever to keep all possibilities open and still get profit, and in the worst case, just break even.
Yes, you are right; some of traders are doing that. But in my case it is different. There are certain scenarios. I can summarize them as follow:
1. Open one lot, after couple of candles (one, two, or three), if I see reversal is forming then I will quite half of lot and put the other half on break even until it is stop out to breakeven or reaches target.
2. Open one lot, and if immediately next day if I see a reversal then I will close whole lot with some loss.
3. Open one lot, and the same day It gets stop out.
I am not trying to be 100% perfect. Unless I am not expecting any losses, I can not trade. Loss is part of this game. The only thing we can do is to reduce them comparing to our profits. The only Holy Grail I know is my mental management instead of searching a method which provides, so called, 100% success rate.
Even, methods based on moving averages, if applied nicely, can generate profits provided one should have good risk and return management.
I appreciate your question.
Rgds,
SFX
200 pips now 
Linear Mode
