Rate my strategy....
Nov 21 at 18:36
34 zobrazení
6 Replies
Členem od Aug 12, 2024
4 příspěvků
Nov 21 at 18:36
So Im still new to trading, march of last year is my first year trading forex. My first 6 months i traded like most new traders only using TA.... and while trying to master TA all i did was blow my account.... So I had a fellow trader tell me to go back to paper trading and and learn to use Fundamental Analyst and trade only in the direction of the macro trend.... SO i did like he said and paper traded for like 8 months developing a Warren Buffet/George Soros Approach to the market DCA trade in the direction of the macro trend(I use no TA anymore), I use no stop loss and the only thing i worry about is not over leveraging myself and not getting scared out of my position in the process of DCA.... In 3.5 months I have made 120% plus and took back 45% of my initial investment. my goal is to eventually take out the other 55% of my initial investment so i can play with Central Bank Money, i know the major flaws of my strategy how if i DCA against the macro trend or over leverage in the process of trading with the macro i can blow my account quickly. So to mitigate my poor ROE i decided that i will take a percentage out every month after i collected my initial investment, so that way even in the process of blowing an account, I don't really blow an account technically... Any constructive criticism is welcome. and Happy Trading yall.
Thank God
Členem od Sep 27, 2024
1 příspěvků
Včera o 05:31
What's TA
Členem od Aug 12, 2024
4 příspěvků
Včera o 05:36
Technical Analyst
Thank God
Členem od Nov 19, 2024
18 příspěvků
Včera o 07:52
Technical trading is my best way of trading, gives me advantage over profits making.
Profits is the Answer
Členem od Oct 24, 2023
3 příspěvků
Včera o 08:43
This is a very powerful trading approach, but it will mean you have substantial ammuont of money for you to make very good profit in the market. Also, I will recommend you don't throw away your technical analysis knowledge. it will come in handy for risk management. You profitability is really impressive and I give it to you because it takes lot of patience to make such high percentage in this trading space. kudos
Simple Stuff_Just Keep it Simple and Repeat the Simple Stuff
Členem od Aug 12, 2024
4 příspěvků
Včera o 10:24
thank you for your input
Thank God
Členem od Aug 12, 2024
4 příspěvků
Včera o 10:24
https://www.myfxbook.com/members/GLCooper/career20mode/11056334
here is a audit of my account, i ment to post it on my first post
here is a audit of my account, i ment to post it on my first post
Thank God
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