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Captain_Walker
Nov 19, 2018 12:46 PM

USDCAD 6H - long Long

U.S. Dollar/Canadian DollarFXCM

Description

I'm showing mainly for the benefit of new traders why I've done what I've done. This trade is on both paper and live accounts.

Note that I'm not saying I'm gonna win. I aim to lose! I'm simply controlling my loss, and allowing the market to lead me wherever it will, in my favoured probabilistic direction.

Trend-following is not for everybody. In fact, reliable research shows that only about 20-25% of traders are true trend followers.

Comment

No surprises.
Comments
MoStack316
Thanks for your video.
Captain_Walker
@MoStack316, Happy to help. So far it's moving nicely. Now some will get jitters about a possible double top. I ain't boverred. LOL! I'm at a no-loss position, and allow the market to lead me. No predictions, not targets required. To beat the markets at it's own game, one has to give back to the market. How strange is that? Very! :)

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