In fact, the market is quite repetitive - the structure and principles of movements are the same in General. And this is both on the older TF and on the younger ones. It is important to find a clear model for yourself. And understand the logic of movement in relation to the older TF. And it is useless to count % - if everything was so easy in practice, as in calculations, the population would crack from % of millionaires. There is an individual understanding of the schedule and the time when it is time...
How to set a stop loss correctly when the profit is 10 points?
- Thread starter Swetta
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sashkill94
New member
We write about different things without trying to think, and in 2 messages =) I say to trade on the basis of some calculus of profitability? I translate what I said into Russian: analyze your trade (mathematically, physically, geometrically, chemically, whatever) and make conclusions based on this. Moreover, the practice, calculations and percentage of millionaires in this context do not understand at all... If everyone had potatoes and buckwheat, everyone would make soup... roughly similar in meaning.
Gasi Burzhuev
New member
M1 cannot be analyzed. To do this, the TF on the chart needs some "zero point" defined by the trader. To visually see where the price is relative to it. This can be a heavy moving average. For example, 150 or 600. And trade from it. For example, after breaking through the moving average, rolling back, touching and visual reversal of the price from it (moving average). But if you look through the history, then on the M1 och it is difficult to take the standard of 10 points. There is a spread of profits on average 6-8 points, then there are rollbacks. And not the fact that the rollback "rolls back" and continues to move.
I tried to trade M1 4-5 years ago. You need to see this graph constantly. There are no models on M1. I don't know how people trade on M1, and they call the system cool names.
2 Windows for M1 is not enough. For too long, there is a return of the price to the heavy moving, breakout, rollback, rebound, movement, rollback, rebound again and enter the transaction. You need to hang 4 tools on the screen. Interesting tools for such scalping can be: eur / usd, usd / jpy, aud|chf and chf|jpy. More importantly, the spread on all these instruments should be 1 point. That is, the ESN account, or NDD. From whom as. But not like cent accounts with horse spreads, where aud|chf spreads of 10 points.
In other words, for M1, you don't need an analysis to take 10 points, but a set of rules with a designated zero point. That is, a point "from which" to trade. Do not trade when the price is lower or higher. And then when the price is just starting to move away from this point. Then you can take 10 points of profit (better 8) and stop 6-7 points.
But M1, although it looks like all the other TF, is very unpredictable. The most risky TF. And the profit/moose ratio will be almost equal there.
So it's better to take the M5. The same 4 tools. Transactions are less than once in 5, but you can increase the lot rate. And discipline is necessary iron. That's what everyone needs to look for.
I remember testing 5-point scalping with the entire balance on each trade. Profit and stop were covered in the amount of 5 points. This is gimor. I didn't have the strength to do this perversion
So I like scalping, but rarely. More often I take a break from it on H4. Oh, how much free time there is! The signal is generated for a week!
And if you trade multicurrency, it is not boring at all. $300 for 20 instruments there is quite enough for volumes of 0.01. The average stop of 100 points is $10, or 3% per trade. I opened a deal in the morning and am free until the evening. That's cool. And you don't need to sit and "jerk off" this scalping. It is designed for professionals.
I tried to trade M1 4-5 years ago. You need to see this graph constantly. There are no models on M1. I don't know how people trade on M1, and they call the system cool names.
2 Windows for M1 is not enough. For too long, there is a return of the price to the heavy moving, breakout, rollback, rebound, movement, rollback, rebound again and enter the transaction. You need to hang 4 tools on the screen. Interesting tools for such scalping can be: eur / usd, usd / jpy, aud|chf and chf|jpy. More importantly, the spread on all these instruments should be 1 point. That is, the ESN account, or NDD. From whom as. But not like cent accounts with horse spreads, where aud|chf spreads of 10 points.
In other words, for M1, you don't need an analysis to take 10 points, but a set of rules with a designated zero point. That is, a point "from which" to trade. Do not trade when the price is lower or higher. And then when the price is just starting to move away from this point. Then you can take 10 points of profit (better 8) and stop 6-7 points.
But M1, although it looks like all the other TF, is very unpredictable. The most risky TF. And the profit/moose ratio will be almost equal there.
So it's better to take the M5. The same 4 tools. Transactions are less than once in 5, but you can increase the lot rate. And discipline is necessary iron. That's what everyone needs to look for.
I remember testing 5-point scalping with the entire balance on each trade. Profit and stop were covered in the amount of 5 points. This is gimor. I didn't have the strength to do this perversion
sashkill94
New member
To be honest, I do not understand what the M1 chart is for, if you scalp it, then at least M5. In fact, M1 is a solid noise, no models work there and will not work, because in half of the cases, the movement on M1 is local and contradicts the General mood of the market and the older charts. I trade my hands inside the day, periodically watching the charts, but not less than M15.
M1 is needed for the accuracy of the input. Let's say there is a rollback on M15 or M5, on M1 we can get inside it and see a reversal formation, which will give a signal about the end of the rollback. That is, the work is on M15-M5, and the inputs are on M1. Models work everywhere, and noise is a relative concept. For the weekly chart and movement on H1 will be noise.
sashkill94
New member
The noise indicator depends on the duration of trading. few people trade on terms of several weeks or months, so the charts are necessary for intra-day or intra-week trading. Models on the M1 still have the vision and the chuyka is needed, because everything is really too sharp there. What prevents you from seeing points on the M5, even if you miss 2-3 points.
I agree, you need to get used to the M1. Here you need to clearly understand the formation that you are trading in advance and wait for it. A good example of this is described in the branches on "trading from correction" and"revenge". Accurate input is good not only for 2-3 points, but also for faster processing.
Gasi Burzhuev
New member
M15 is a topic. But H1 is even better. And H4 is cooler than H1
M15 can safely give entry to the sale. Such a beautiful entrance, but on H1 the price is already so oversold that it's creepy to break in.
Try taking the M15 and squeezing it to a minimum. Immediately there is a sense of confidence, because the whole picture is visible. Compressed M15 is a working H1.
When analyzing M15 and H1, the stop from M15, from 30 points or from 70, when looking at H1 immediately grows to 140.
M15. Sale.
<a class="mt5-inner-image]
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And the same graph on H1 gives more confidence in the model:
<a class="mt5-inner-image]
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And when a trader understands "their" models based on what they see, I can't understand how the M1 chart can get in here to find the exact entry.
I remember, a long time ago, in some book I read that people talked about a smaller TF for the accuracy of the input. But this is not a rule.
If you aim for a profit of 200-300 points, which by the way can be obtained within a week on one model, then it is clear that even the M5 will not help you find the entry point. I just saw the model, moved, set my feet, set goals, and smoke.
M1 is actually a real divorce for money. So to speak, the offer of the century. Removal of the brain. Or simply, opium for the greedy. In short, divorce.
Try taking the M15 and squeezing it to a minimum. Immediately there is a sense of confidence, because the whole picture is visible. Compressed M15 is a working H1.
When analyzing M15 and H1, the stop from M15, from 30 points or from 70, when looking at H1 immediately grows to 140.
M15. Sale.
<a class="mt5-inner-image]
And the same graph on H1 gives more confidence in the model:
<a class="mt5-inner-image]
And when a trader understands "their" models based on what they see, I can't understand how the M1 chart can get in here to find the exact entry.
I remember, a long time ago, in some book I read that people talked about a smaller TF for the accuracy of the input. But this is not a rule.
If you aim for a profit of 200-300 points, which by the way can be obtained within a week on one model, then it is clear that even the M5 will not help you find the entry point. I just saw the model, moved, set my feet, set goals, and smoke.
M1 is actually a real divorce for money. So to speak, the offer of the century. Removal of the brain. Or simply, opium for the greedy. In short, divorce.
sashkill94
New member
So I do something like this on H1-H4 looks like the General direction for the day, and then already on M15-M30 are looking for entry points, I obsalyutno do not imagine how M1 or M5 can help me a lot, rather the opposite will confuse, because the number of false movements there really rolls over. Unfortunately, many traders neglect the older charts, this is probably due to the popularity of PIP trading.
Gasi Burzhuev
New member
I would recommend that you stop at H1. I don't know how many tools you have at work. I can recommend it optimally for H1, 9, or 12. If you have enough experience, you can put 16. And don't look at any more TF cards. Especially below H1. The sense of understanding dynamics is lost.
Or you need to sit on the M15 but throw a heavy moving with H4 on it. Moving 3200 on M15 will be analogous to 200 on H4. + / - 2-3 points discrepancy. It doesn't matter.
I have an H4 system, I threw open deals from it here, so I have 36 tools open in one window
They are tied up with an owl that gives a sound signal at a certain event. Tough of course, but for this system I have a second terminal in which the tools that require attention are open on H4.
Look at H4, AUD|CHF and CAD / JPY. Beautiful models.
The most understandable models are selected from the entire pile and they can be opened on the same account in another terminal (from a separate folder on the same account).
But with such a trade (when using smaller TF), a series of twitches occur. Have Picanol, suffixal, waiting for the rollback. There is no rollback. Offensively. And vedt premature exit, too, Oh how it affects the trading mood.
Every trader has faced a situation more than once when he opened a trade, put a stop of 50 points and a profit of 150. When I saw 30 points on the account, I closed the deal. The price passed another 50 points and the next day touched the place where there was a profit of 150 points.
The first glance is always correct.
Or you need to sit on the M15 but throw a heavy moving with H4 on it. Moving 3200 on M15 will be analogous to 200 on H4. + / - 2-3 points discrepancy. It doesn't matter.
I have an H4 system, I threw open deals from it here, so I have 36 tools open in one window
Look at H4, AUD|CHF and CAD / JPY. Beautiful models.
The most understandable models are selected from the entire pile and they can be opened on the same account in another terminal (from a separate folder on the same account).
But with such a trade (when using smaller TF), a series of twitches occur. Have Picanol, suffixal, waiting for the rollback. There is no rollback. Offensively. And vedt premature exit, too, Oh how it affects the trading mood.
Every trader has faced a situation more than once when he opened a trade, put a stop of 50 points and a profit of 150. When I saw 30 points on the account, I closed the deal. The price passed another 50 points and the next day touched the place where there was a profit of 150 points.
The first glance is always correct.
sashkill94
New member
I trade mainly by levels, I almost do not use the MA indicator in my work, because I do not really see its benefits, if I see with my eyes where the market is going, why do I need an averaging indicator. But as for the lost profit, you are right about everything, it affects trading no less than losses, and perhaps even worse.
Gasi Burzhuev
New member
Good movements, as in the classics, that is, what is already visible in the past data, are rare. And that would be 10 times not to twitch and catch moose before the price goes to the goal, there is a universal stop for prevention, this is 50 moving on H1. Its reverse penetration. The main condition is the input from this moving. Not a bounce but an entry on a u-turn from it. There is also a classic, this is a double position, where the first part is fixed at the level of 30 points, and the second part is trailed. Personally, I can't trade a double position. I like the average profit target.
You don't have to close it... the Internet will be turned off, requotes, slippage, no connection to the terminal, there are many options. It is better to still put a stop loss, if there is a thought about it. Put on 100 points, at least something will be fixed. With a long-term growing minus, without a stop loss, the expectation of a reversal is also delayed until the Deposit is completely lost. When pipping and scalping, you can try to trade both buy and sell simultaneously. With this approach, a reversal counter order can be set instead of a stop loss. Also an option.
sashkill94
New member
As for the stop, I agree, it is better to put it, although far away, but put it so that you do not worry when you leave the terminal. But there are certain difficulties with locking, as far as I remember InstaForex is not very loyal to locking during the first 5 minutes after opening an order, you can get checked.
Rules and laws are written by smart people for smart people. Rules and laws must be read correctly and followed correctly.Incorrect interpretation of rules and laws, as well as based on rumors and speculation, the right path and the right idea are lost.
The counter volume can be opened on a completely different pair instantly, if necessary, and this will not be a violation of the rules.There are many options.Counter transactions are not the Grail and not salvation, if you do not know how to use them, then the harm from them is the same as with a growing loss.
The counter volume can be opened on a completely different pair instantly, if necessary, and this will not be a violation of the rules.There are many options.Counter transactions are not the Grail and not salvation, if you do not know how to use them, then the harm from them is the same as with a growing loss.
sashkill94
New member
Regarding different pairs, it is interesting that even if you take the Eurodollar and the pound dollar, there is a certain correlation between them. But with lokami their problems, not the problem Lok open, and here is withdraw from it with profit-this is already a question. Moreover, in theory, the lock closes with a plus in both directions, which is not possible with all market movements.
Loki trading is a trading system. It is simple and stable. All if you have knowledge, as a juggler juggles balls or rings, and the trader works with locks. What is Loki? = this is a large number of transactions that can be managed and they make a profit in their work and even more of their volumes ,equalize each other. Loki is a large body of knowledge that requires in-depth study, consultation, and explanation. In the intranet, there is no information on Loki, who owns information on Loki, does not advertise it. All that is freely available for Loki is instructions for draining the Deposit money using Loki.
Good afternoon! To whom the lock is simple,and to whom it is not very! Not everyone has the opportunity to "monitor" the metrader, so not everyone can successfully exit the lock! Lock is a "fixed stop" - I don't see anything outstanding here! if your dealing center in Locke does not take a margin, then this is good, but if it does, it is not quite useful for Your Deposit! There is a lot of information freely available, but it is not very useful for real trading on the OTC Forex exchange market!
I have been using Loki for a long time, this is my corporate trading style. I have developed several of my own tactics and strategies based on Loki, which allow me to work confidently on Forex with large volumes.Grids of orders with locks, blocks of lock orders, the system of inverted lock martingale, Pipsing with the use of locks, systems for resolving lock hangers... about this style is not a problem for me. Therefore, about Loki, I can authoritatively say that Loki is very convenient and promising.
As for those who do not have time to monitor ,or maybe there is no money for a Deposit, or maybe there is no knowledge, this is not a conversation.
To be successful in Forex, everything must have time, money, and knowledge. Having money you can buy both knowledge and skills and live with Forex earning money on it.
As for those who do not have time to monitor ,or maybe there is no money for a Deposit, or maybe there is no knowledge, this is not a conversation.
To be successful in Forex, everything must have time, money, and knowledge. Having money you can buy both knowledge and skills and live with Forex earning money on it.
Good afternoon,members!
If you have all perfectly manages-glad for You, but most reading this forum likely not have learned this "Zen" on treatment with Loki! Everyone chooses their own PATH! (Trading system, thinking system, timeframes, currency pairs, relationships to stop losses and take profits, and so on). If you have the desire and opportunity, please share your ideas for using this technique-locking! I think many people will be very grateful and grateful to You!
If you have all perfectly manages-glad for You, but most reading this forum likely not have learned this "Zen" on treatment with Loki! Everyone chooses their own PATH! (Trading system, thinking system, timeframes, currency pairs, relationships to stop losses and take profits, and so on). If you have the desire and opportunity, please share your ideas for using this technique-locking! I think many people will be very grateful and grateful to You!