#007 Trust The Process NZDCHF Short 1238SGT 18022025
Win = Win
Lose = Win
Use two accounts take trades on both directions. However, keep the opposing trade direction's position at 1.5R SL. The same amount as the main trade position's TP.
1239SGT 18022025
Not taking the opposing trade now. Imma let it run.
40% winrate = Breakeven
above 40% = Profit
Below 40% = Data
Regardless of what, you gonna gain something.
1240SGT 18022025
Lose = Win
Use two accounts take trades on both directions. However, keep the opposing trade direction's position at 1.5R SL. The same amount as the main trade position's TP.
1239SGT 18022025
Not taking the opposing trade now. Imma let it run.
40% winrate = Breakeven
above 40% = Profit
Below 40% = Data
Regardless of what, you gonna gain something.
1240SGT 18022025
Trade closed: stop reached
Got taken out for -1R loss.
I realised that forex is more unpredictable, due to the push and pull factor of two currencies.
So, don't think that just because price is going up, it would go up all the way forever. Eventually, it has to come down(at least for a little while). I don't DCA into currency anymore because I find it futile. Why would I want to have a power struggle when I could just bank on productive companies that beat inflation without my hopes, prayers and wishes?
1129SGT 19022025
I would still be trading forex, but don't try to predict the direction. If the higher time frame shows a straightforward, clear cut direction, good for you. You probably make it 50% of the time.
If the higher time frame is in a range, whipsaw or whatever shit, and you trade it, it's fine, also.
40% = breakeven
above 40% = profit
below 4-% = data
Besides, you are taking both directions on other peoples money.
Why are you worried, then? Make some money for survival, exit all positions regardless of their individual pnl. And then find new setups to trade for wealth accumulation.
1132SGT 19022025
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.