Ready to short GU again.

ok lah spoon feed you a bit...lol

2% is risk amount per trade of your account size

$2000 x 2% = $40, that you are willing to lose if stoploss

this $40, together with your entry and sl price, determines your lot size

example based on account type...say $0.1 gold price per lot = $10, then your $40 = $0.4 price...
-- long at $1600.4, stoploss at $1600.0 ($0.4), you buy 1 lot
-- long at $1600.4, stoploss at $1600.2 ($0.2), you can buy 2 lots
-- long at $1600.4, stoploss at $1599.6 ($0.8), you can only buy 0.5 lot

sl need to put at sensible levels...put too close always get hit...put too far lot size becomes 0.0000001...no sl noobs wipeout 100% guaranteed

btw...good brokers will have learning pages on these...and also lot size and leverage calculators

This post has been edited by dwRK: Feb 24 2020, 11:13 AM

perfect entry...

Just dived...

Thank you very much!

Nice, easy money just closed on dive.

Gold to 1800

Taking very small risk this week. Sardines for the day so far.



This post has been edited by hft: Feb 24 2020, 05:33 PM

Fishing today.

everyday I look forward to your reports now....

just GU again issit? looks to me you whack quite big man... respect

Just GU is enough to feed me and my family. Can make profit bigger but don’t want to erase existing profit. My shop re-open every morning and close evening with any profit can make. Fishing every is fun versus hunting for whale one short margin call then die. I’m just a fisherman.

nice. i on the road a lot these days...seldom got a good chunk of time to scalp... re-learning to swing/position trade but hard to "let go"...lol

so you bank in say 240 pips today...looks to me you pancing with about 2 standard lots?

This post has been edited by dwRK: Feb 25 2020, 10:50 PM

Hello any telegram or wa group for discussion?

Almost breakeven....

maybe next year can become good like hft


NOV 2019 - FEB 2020

This post has been edited by Archemedia: Feb 26 2020, 08:30 AM

How much breakeven you have to cover left? Whats the equity currently?

Only 1.3k equity.... need 39 usd more

half good as hft is good enough for me liao...hehehe

hft bro...another 3-session 20hr day?!!! balance health and wealth ya...

Probably today and tomorrow last. End of Feb 2020 auditing my accounts.

Can post more about trade rather than just figure?

Fisherman salary just in... love choppy waters.