zzfx

MM and RR are the only important variables.

FX:EURUSD   Euro Fx/U.S. Dollar
93 4 0
Short term straddle
zzfx
2 years ago
5:09 AM, short side stopped out. going for the long target. long stop 1.3512, and starts trailing (20p)
Reply
zzfx
2 years ago
3:15 PM

Long Position closed successfully.

net result: -10 pips +20 pips = +10 pips.

No stress, no worries. no deceptions. next trade.
Reply
zzfx
2 years ago
why did you not grab all the leg up? because I decided I want to win every day.
why did you not only bet long? because i decided I want to win every day.

It is my game, my rules, my settings. In the end, all that matters is: did you make a profit? and even
more important, did you respect your rules? Yes. Next Trade.
Reply
zzfx
2 years ago
This was one of the First ''Desperate'' attempts I tried that actually Led the way to developing a/ THE risk reward necessity BELIEF in my brain.

As I was far from actual execution or any consistency, engaging myself in 2:1 RR trades only helped me empower the idea that RR is not only an random estimation to take lithely, but the actual pillar to any consistency what so ever when it comes to My trading.

A straddle approach helped me over come my fear of missing out at the time, and that was my way of copping with this fear. Because net gain is 10 pips in good days, -20 pips on the bad days
made the rhythm of the game a lot more difficult even if it would outperform 7/10 of times. Sure it would feel good, but in the end, expectancy remained mediocre.

Still. it helped me cope with taking a loss: it helped be deal with my fears of being wrong, my fears of loosing money. It was a good start. (or should I say new new new start! loll)
IT was a change for the best.

Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out