Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Well that is why it is important to trade a method you are comfortable with.
Nothing against your method, but this would never work for my personality. I couldn't stand to take that kind of a loss, it would psychologically impact my other trades which is never good. For about two years my r:r has targets bigger than stops on average, and then it comes down to just my win percentage rate.
Like you said it's a question of personality and habit, I think many systems can by profitable as long as you keep the will to master them without changing them from time to time, sometimes the road to achieve it might be very long and painful but I guess it's a "must be" process for many of us.
6E long 1 contract, +421$. I decided to move the target above vwap's next R, as the strong increasing gomcd was showing a will to brake the vwap and TL upward.