chrystael

BULL BUTTERFLY RESULT FOR THE MEMBERS

FX:EURAUD   Euro Fx/Australian Dollar
35 0 1
this traded produced a lost in two positions of about 300 ticks (30.0 pips) each, making a total of 600 ticks (60.0 pips)

i usually try to have a small stop loss so that my wins will supersede the losses and make me more on the profits.

i like to give my members high profits especially if we have made good profits so far before. else for me i would have place the first target on the X point of the butterfly pattern , rather i took it high to the B points and it got a loss.

no one in this planet earth is the best guru in terms of always winning without loosing not even one time rather times.

but the ultimate aim to win more than you loose so that your capital will not be touched and you will be seeing profits in your business or investments.

something to learn in this chart presented: at times i do have 3 targets and the first one will be the simplest and nearest target and once i have one of my targets filled i will move stop loss to break even so that i will not loose anything. but in this case i did just 2 targets and omitted the very first likely touch.

however, there was a winning on the other trade on AUDJPY             , so it covers up plus other profits, so no big deal on this.

still on the lane of wishing you all success

happy trading people
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