2000 thousand dollars

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Quote from Handle123:

You most likely will not enjoy the answer. But that small of an account, you are so way over trading. Take all the trades you have done, wins/losses/breakevens, and find out exactly how much you making per trade. How much risk per trade but you not using any risk, right?

There is be better to go with higher timeframe and take bounces off trendlines, risk tight and go for 20-100 pips, you can always add on some going deeper into the trend.

Forex is more of a trend market than Scalping market like the ES.
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Not bad advice, will our exuberant young college student be smart enough to take heed?
 
Quote from Lucrum:

Not bad advice, will our exuberant young college student be smart enough to take heed?
More...


How about the way I deftly extricated myself from that messy trade? Ended losing very little and account profits remain intact. Now at an alltime high.

Told you I was confident I could do it. You doubted me..How do you like me now?
 
Quote from Handle123:

You most likely will not enjoy the answer. But that small of an account, you are so way over trading. Take all the trades you have done, wins/losses/breakevens, and find out exactly how much you making per trade. How much risk per trade but you not using any risk, right?

There is be better to go with higher timeframe and take bounces off trendlines, risk tight and go for 20-100 pips, you can always add on some going deeper into the trend.

Forex is more of a trend market than Scalping market like the ES.
More...

This is good advice. Last trade held for 45pips when I wanted to exit after 15 or 20. here on out I'll try to cut back on # of trades taking more those that have potential for larger move.
 
Quote from Handle123:

You most likely will not enjoy the answer. But that small of an account, you are so way over trading. Take all the trades you have done, wins/losses/breakevens, and find out exactly how much you making per trade. How much risk per trade but you not using any risk, right?

There is be better to go with higher timeframe and take bounces off trendlines, risk tight and go for 20-100 pips, you can always add on some going deeper into the trend.

Forex is more of a trend market than Scalping market like the ES.
More...

On the other hand I am trading more frequently because it's such a small account. Feel more comfortable taking small stabs at it. It's working for me so far would you say? Getting an inkling that scalping may better suit my personality. Maybe this will change with experience.
 
That's all I need to see. I'm done with this mindset of shooting for more..60-100pips...just not me. Just not yet. I want to stay nimble. Resetting my mind to thinking interms of 10-15 pip chippies. That's my style right now, it's been working for me and built my account to where it is today.

Here I go. This is what I DIDN'T want to do. Let other's ideas influence my style at this point.

I appreciate all advice and maybe those seeds of insight from others will germinate one day, but I'm going to rely on my intuition TODAY. I'll will and lose...but at least it's MY trading.
 
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