Hi,
95% of trader out there always trade against trend, I really dont understand why this happen to them. For me if the trend change then the market will hit my SL and make a new entry for new trend. Its very simple, this way will give you room to think wisely in trading forex or comex.
The right way in trading always follow the trend, BUT if you still dont want your previous entry loss in your trading record, you are wrong judgement in trading. This situation happend in Feb 2015, most of clients in Alpari UK, losing in trading caused Alpari UK closed down. This was happend because most of their client are not setup a good leverage and SL. When CHF removed ceiling price, price move 2k pips.
So please put SL on your trade and please using trailling stop and TP if you are not in front of your computer.
95% of trader out there always trade against trend, I really dont understand why this happen to them. For me if the trend change then the market will hit my SL and make a new entry for new trend. Its very simple, this way will give you room to think wisely in trading forex or comex.
The right way in trading always follow the trend, BUT if you still dont want your previous entry loss in your trading record, you are wrong judgement in trading. This situation happend in Feb 2015, most of clients in Alpari UK, losing in trading caused Alpari UK closed down. This was happend because most of their client are not setup a good leverage and SL. When CHF removed ceiling price, price move 2k pips.
So please put SL on your trade and please using trailling stop and TP if you are not in front of your computer.
Ceiling Price Removed 2015 cause Alpari UK closed because of negative balance -53Million.
BUT FCA insured client fund including my account.
Thanks for reading and be careful with your trading.
Thanks and happy weekend and start new trading on monday.
Take a look at my varified trading. COMEX only.
Rad Green.
No comments:
Post a Comment