MarketMover Trading System: Publication of my performance (forexerguru)

[Forexer Guru]

NZDCAD 1 hour chart. The anticipated sudden movement never happened.
No loss since price is above entry point.
Next trade probably tomorrow

 

[Forexer Guru]

One of those price action patterns that are not good at all. But I will trade it anyway
price: 1.3740
sl 1.3730
Minimal risk holding time 2 hours

 

[Forexer Guru]

holding time 2 hours

holding time should be 1 hour

 

[Forexer Guru]

see the outcome

 

[Forexer Guru]

closed my trade

 

[PPC]

One of those price action patterns that are not good at all. But I will trade it anyway

Interesting logic, only a "guru" would make such decision.

However, your decision to trade patterns that are not good at all actually makes very good sense . . . because the sooner you blow your account the sooner you’ll be out of your misery.

 

[Forexer Guru]

Interesting logic, only a "guru" would make such decision.

there is soothing else you have missed.

It comes down to risk. In good patterns, you can take on higher risk and aim to earn double what you were risking. Otherwise, you should just risk 2%, as was the case here, and target a 1% return on investment (ROI)."

 

[MarketMovers]

It comes down to risk. In good patterns, you can take on higher risk and aim to earn double what you were risking. Otherwise, you should just risk 2%, as was the case here, and target a 1% return on investmen

I like your approach. I am looking for consistency. Please DM me your published performance

 

[Forexer Guru]

USDCAD I will blame myself for reducing holding time from 2 hours to 1 hour

 

[PPC]

It comes down to risk. In good patterns, you can take on higher risk and aim to earn double what you were risking. Otherwise, you should just risk 2%, as was the case here, and target a 1% return on investment (ROI)."

You’re saying that you risk 2% on patterns that are not good at all, and you target 1%.

In other words, you’re aiming for ‘0.5 Reward to Risk ratio "on patterns that are not good at all" (in your own words).

In trading it’s called eating like a bird, and pooping like an elephant