Agreed with Zanmai's quoute..
You know that FX comes with high profit.. but also comes with high risk...
Be prepared to lose EXTRA shit tones of $$ if you are not prepared !
Forex Version XV, Foreign Exchange Market Discussion
Forex Version XV, Foreign Exchange Market Discussion
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Jun 19 2015, 05:09 PM
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#1
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80 posts Joined: Feb 2012 |
Agreed with Zanmai's quoute..
You know that FX comes with high profit.. but also comes with high risk... Be prepared to lose EXTRA shit tones of $$ if you are not prepared ! |
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Jun 25 2015, 11:00 AM
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#2
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80 posts Joined: Feb 2012 |
Guys.. I have a question...
Do you guys normally place a stop-loss on all your trades? Cheers |
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Jun 25 2015, 11:18 AM
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#3
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80 posts Joined: Feb 2012 |
QUOTE(KeroroQ @ Jun 25 2015, 11:13 AM) better be careful, commodities gonna make a kill soon, Thanks for the reply bros..the spike below was a stop hunt and i assume price will make a rebound of 500-600 pips, running 300 now, ready to scale out if caterpillar turn heads definitely, the difficult thing is how and where repeat after me: protect your capital 3 times ohhhmmmn I am having consistent profits every month (talking about 2000 to 3000 pips through Xau). However, out of the trades in a month, I will face some losses due to the stop loss hit.... So i took some initiative to investigate the influence of stop-loss.. When you say protect your capital 3 times? what do they mean? |
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Jun 25 2015, 01:21 PM
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#4
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Jun 25 2015, 02:17 PM
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#5
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QUOTE(carrer @ Jun 25 2015, 01:26 PM) Stoploss is very important. But you will get stopped out if you place it wrongly. For me, if the security spikes a lot, I will place my stop a bit far away. I will exit using mental stops before the price reaches the real stop. If you are scalping, then this is easy because you will be looking at the screen all the time, in fact, you don't actually need a stoploss. But it's better to put them in case of power/internet failure. Thankyou Sir for the advice. As for myself, I have been setting normally at 500 pips of Stop-Loss from my trading price. I have faced several scenarios that... the price action went against me about 600 pips and then hit the TP that i supposed to take. (of course, already kena stop-loss la).... I have to agree that in a long run, it will be better for it to trigger instead of dropping down to unimaginable pips (ie. 1000 pips and more...) |
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Jun 26 2015, 10:38 AM
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#6
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80 posts Joined: Feb 2012 |
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Jun 26 2015, 11:10 AM
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#7
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Things will go better eventually... Agreed that market is not performing well between the middle of June till now... I'm applying to the Gold market.
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Jun 26 2015, 03:09 PM
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#8
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Jun 26 2015, 04:25 PM
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#9
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80 posts Joined: Feb 2012 |
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Jun 26 2015, 05:10 PM
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#10
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80 posts Joined: Feb 2012 |
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Jun 29 2015, 02:02 PM
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#11
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QUOTE(empire177 @ Jun 29 2015, 01:23 PM) Any experts can tell me whether this broker http://dcwprestige.com/ is a trustworthy one or a scam? Thanks! Haha.. not sure broI have been using PEPPERSTONE.. Australian based.... Very reliable so far.. |
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