No sure, you are right. But then most people on this site, I assume, are day trading (e.g. your M5 chart), trading D1's and W1's is about as exciting as librarians. I have a lot to think about.
That's fighting talk. OK lets see, 1. I didn't follow my plan and exited too early 2. I listened to the news Can you add to that?
And for the moment....my account is up But I won't be quitting the day job this lifetime bailing out of trades early.
.................................. 5 min chart 100 ticks x 10.00 a tick x multiple cars. 5k to 25k / trade x 250 trading days x 36 years forex is my girlfriend. find my thread, read it for insight into db, dt and setups applies to stock charts also. s
I am assuming you need a trend to make that many pips OK will read your thread, although I have a full time job so M5's are a pipe dream for me.
Oh, and 3. system hopping. Although that's a potential transgression which has not been committed yet. Anymore? Talking a load of bs on trading forums?
........................... the market hands you trend 30% of the time. forex trades for 24 hour x 6 days. hundreds of ticks of trend, until it bends. s