Cornix's Forex Trading Journal

Quote from Now is Now:

If you are trading real money....you would have to be the broker's pin up boy....until you go broke paying commissions...

Have you considered widening your parameters?....and what type of parameters are you using....is this essentially 'scalp trades'...?


NiN

Edit:...you might find Fridays the most difficult day to trade (GMT time)....
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Yeah? Widen those stops to 1000 pips then huh?

Aside from his response, great thread btw :) Keep it up. I typically use stops no more than 10 either. No reason for more.

Are you on a 1 min chart?
 
Quote from athlonmank8:

Yeah? Widen those stops to 1000 pips then huh?

Aside from his response, great thread btw :) Keep it up. I typically use stops no more than 10 either. No reason for more.

Are you on a 1 min chart?
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Thank you, Athlon.

I use multiple timeframes, intraday starting from 1h and down to 15/5/3 and 1 minute (occasionally in a very fast market even sub. 1 minute).

And I agree no reason to risk losing much, a few ticks is most of the time enough to see if you are right or wrong in your intraday market read.
 
I have a short signal @ 1.2912 - 17 with a target at 1.2889 - 86

This close to the speech I have to "let it go" (I'll SIM it with a 20 pt stop)
 
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