ok so short was what it was but looking to continue this 3 trade streak on the EU long, think we are looking good here looking to go long on any kind of pullback
Comment:
long, got filled 7636
Trade closed manually:
closed 7534, loss of 10.2 pips..
Comment:
I dont mind this at all-the 2 losing trades.....since i started posting my trades in real time i have posted 5. 3 of been profitable and 2 have lost. That gives me a win % of 60%
But....the total of all pips won or lost is 146.9
Of that pip total 13% of them were negative meaning 87% were profits locked in.
So, with a 60% win rate I am 87% profitable. That is something that I think more people need to understand. You dont need a high win% regarding number of trades. In fact most that do are not profitable imo. What matters is keeping the losses small, cutting the trade at first point it doesnt go your way. Then let the winners play out to plan, dont take off early just because you are up a few pips......make sense?
But....the total of all pips won or lost is 146.9
Of that pip total 13% of them were negative meaning 87% were profits locked in.
So, with a 60% win rate I am 87% profitable. That is something that I think more people need to understand. You dont need a high win% regarding number of trades. In fact most that do are not profitable imo. What matters is keeping the losses small, cutting the trade at first point it doesnt go your way. Then let the winners play out to plan, dont take off early just because you are up a few pips......make sense?
