Hi,
Please use small postion size till you learn how to use KM. Saying that you lost a lot of money reveals irresponsible trader attitude.
Please post chart and i will tell you what was wrong with the entry or trade management.
Taking loss or losing few earned pips is not bad. If you want to be a disciplined trader then you will have to pass through this stage. It is almost sure that market will first test your nerves and if you overcome the temptation to close early then market will reward you.
regards,
kolachi
Quote:
Originally Posted by ivan_mynx
hi kolachi..yesterday i lost a lot of money..i am waiting for the change of the slope of wma 5..after one candle closed and the wma slope change i open sell posisition..but, after that the second candle start going up..and i have to wait until the second candle closed...i don`t know i have to close it when i am in loss or not..
and then the second case guru, when i get into profit for first candle and two candle in short posisition i didn`t closed it..and the third candle, appear and it going up...i wait until the third candle closed, and i loss my money..guru, is that anything wrong?
and then, why this thread is so quiet now??
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