Greeting, bkkirwin. I have read all your posts.
I wondered why it is so hard for you to earn a little pips here and there.
However I have the advantage of technical analysis here but the truth is nobody can earn or correct 100% of the time.
If you see the graph I attached you can see that F_CAD (Future Canada Dollar have up to -70 pips loss before dropped down again as I short F_CAD) The brown line indicated the time when I short F_CAD
As at time of writing it is +6 pips profit !!
I might be wrong and it might hit SL today. But at least I followed the LAW.
Use H4 plus look at W1 to see the trend as long as F_CAD trend downwards you can still have early entry and still profitable.
And yes 2% of total equity. And not more than 6% of total equity in trade.
Unless , sometimes you have earn too much from that week and decide to scalp with 10% of total equity.
No need to overtrade unless your really want to turn USD 1K into USD 126K in 1 week with GBP/JPY currency pair. He use GBP/JPY pair. No wonder last time my friend can increase his equity 20 times.
How I Turned 1k To 100k In A Wk!!!
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My friend use forex too earn 20 times in 6 months. I thought he is lucky because GBP/JPY just goes up from March 2007- June 2007 But I find forex quite interesting and challenging too.
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