Quick PIP hunting without an indicator on M1-M5

VladislaFF

New member
Yes, it takes a lot of free time, because when you open a position on average, you go to check it once or twice a day. This already depends on whether a person likes to be very nervous every 5 minutes and pipsovat or it is better to save your nerves in case of fainting (of course, anything can happen there). And bepsoke I was only making for large risks, with large lot.
 

VladislaFF

New member
Yes, it's true. I myself am a beginner and immediately began to pipsovat large lots. So it seems that earnings are more profitable, but in fact one big jump in the price in the other direction is enough and there is nothing to cover if there is not enough free margin. Here, indeed, one intuition is not enough, although, let's say, it has not failed me yet. Another thing is that I didn't always listen to her, and that's why I got burned. But it goes without saying that you also need to take into account all possible indicators.
 

zsv2

New member
If you PIP, what kind of take profit movement can we talk about? Here I caught a movement of 3-5 points, using a risk of about 15-20% of the Deposit, and that's great. I think it's too risky to wait for a big move when your working lot is too high. That's why it's a PIP, because the transaction takes place in a short period of time.
 

VladislaFF

New member
Yes, I usually didn't do this, but then I look at what's flying right in my direction, and I want to catch a bigger fish. And you are absolutely right, the risk is already too great to indulge in this method. Yesterday, I caught two movements (up and down) of 30 PP in 15 minutes with a lot of 0.4 on the Euro-dollar.
 

zsv2

New member
You know that this is an unnecessary risk. With this lot size, it turns out that all your funds are pledged , and the market is not predictable and the price can often slip so that it flies from a plus to a huge minus, and you don't even have time to blink. And if there is a technical problem - a few minutes and the entire Deposit is lost... If you are Pipsing, then follow a certain strategy
 

VladislaFF

New member
Yes, I understand. For me, today a serious lesson was in the amount of 4 thousand rubles. Well, okay, I will correct myself, not to sin like this. You should at least put a Stop loss and TP for the night. Risk though a noble cause, but you need to understand what you are doing
 

zsv2

New member
If you leave deals overnight, what's the PIP ? PIP trading is a short-term trade in which the trader catches a movement of several points. Let's say the stop is 5 points and the profit is 7-8 points.Please note that this type of trading is very exhausting for the trader. There are many different strategies on the Internet,including this forum. Read and choose something suitable for yourself and do not forget about risk management.Good luck and profit!
 

42na

New member
I have already written my opinion about indicators here. I trade on the Volfix platform. It doesn't have any indicators at all, except for volumes.

I will say about intuition that it is better not to rely on it. On the next turn or rollback, it may fail. You just need to make decisions based on your understanding of the situation at this particular time. If there is no understanding at the moment, it is better to do nothing and wait for better conditions.

About lot-PIP large lots, being in the status of a beginner-this is the shortest way to merge the depot. Tested long ago by bitter experience. Of course, you can dream of millions, but you need to earn even if not much, but steadily.

And If the status IS not a beginner, then .. I think it's not even in the amount of the Deposit. My opinion is that this is a purely psychological moment. That is why I choose tools with a tick value of $ 5-6 for trading and feel comfortable(and dry
), but a tick worth$ 10 or $ 12 is already a lot for me(I start to get nervous and sweat in different places
)

In addition, a smaller lot makes it possible to sometimes make an exception, break the law(move the stop) and wait out a SMALL drawdown. Example on the screenshot. Today, the futures 6J minute chart. I had to sit out the drawdown on two Baev transactions to close on BU and in a small +.

https://forexdengi.com/attachment.php?s=c24d022c311f5518f8cbd0a98ea14020&attachmentid=1484427&d=1493395530&thumb=1 "border=" 0 "alt=" Click on the image to enlarge
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PS

The total for the day for this instrument is plus 76 ticks, minus the broker's Commission. Well, not bad.

And millions are earned not by scalping or Pipsing, but in the medium and long term on the stock market with a large Deposit. IMHO
 

VladislaFF

New member
Yes, here I am confused myself. I wanted to write the following : while doing this as everything was perfect, solid profit. But as soon as I tried to increase the trading time, I immediately failed. And Yes, this method really shook my nerves (pipsovka). Thank you very much and also a good profit !
 

VladislaFF

New member
An interesting platform, by the way. As for the drawdown, I absolutely agree. I had no room for maneuver. If suddenly the price goes the wrong way and others the wrong way, I have a big problem. All, of course, because of the excess of working volumes. In fact, it was worth trying it on a small depot to indulge a little so as not to make the same mistakes later on a serious one. What currencies do you prefer to choose?
 

42na

New member
As if self-indulgence does not become a habit










I trade CME futures. I choose instruments based on their character, gait, liquidity, volatility, and tick value. In General, for love
Something like that.

In General, the question is correct. The choice of the tool is very important. If you do not have enough experience, it is better not to communicate with volatile instruments.
 

VladislaFF

New member
I hope this only happened to me at the beginning. I can't step on the same rake again and again. Otherwise, I will have to question my level of intelligence. Another thing is that excitement sometimes takes over the mind.


















This is good advice. I used a couple of times with a small Deposit on high-value instruments, if I went to zero. And that was saved by a miracle. I was messing around again. It's time to eliminate this from your trade, otherwise every time you top up your account, money will fly away like when you call in South Africa.
 

42na

New member
Initially, everyone goes about the same way and steps on the same rake.(and regardless of age, education, or life experience)

They say that in this situation, the only correct way is to demo account until you have at least two months of trading indicator - 7 positive trades out of 10.

Then just go to the real account.

If you work in real life you are out of the standard, you go back to the demo for two weeks. And so on.

Of course, everyone draws their own rules. But this particular scheme helped me a lot in my time.

My opinion is that if profitable trades and moose will be 60% to 40%, then, if the profit factor is observed, everything will not be bad.

And another Golden rule, especially in scalping and Pipsing - 3 moose in a row-stop trading, and on this day you do not trade anymore(otherwise it is easy to fall into a tilt)

Once, reading these tips, some of these tips I ignored. It turned out, in vain.

Good Luck To You!!
 

VladislaFF

New member
Thank you very much! About unsuccessful trading and instant stop, I agree 100%. At such moments, there is a desire to quickly recapture the money back. And the head is completely turned off, thoughts are filled only in one direction : "Now we will buy, once it has started to grow" (or Vice versa). And then there is a u-turn. And again money is lost. Anger, excitement, so in a circle. While you think (in a good case) to stop and go for a walk in the fresh air.
 

NEV72

New member
I agree with you. But it's better not to demo, but a dime...10bucks is not so much money,but the full effect of trading... And on the demo there is a danger of getting used to it, and then on the real world ( from a psychological point of view) it will be difficult to open. There may be a fear of loss....
 

42na

New member
It's possible. In General, everything is individual. We are all, in the sense of each individual, always one-on-one with the market. No one will help but yourself. As they say, the rescue of drowning people is the work of the drowning people themselves.

Good luck to all of us! Today and every day!!
 

ArgoL

New member
I agree with both the slot and the nerves. I traded a large lot myself.Even there was such a thing that increased the lot during the trading day after each profitable transaction. The risk reached 100%. Then I corrected myself. I began to double it only after a successful week, and withdraw the initial Deposit. With an increase within the day, the income sometimes exceeded 1000% per day, but the nerves by the end of the week were not to hell.
 

DenFur

New member
Much has been said above on the topic... Are there any people who earn money by Pipsing? I don't know, I can't bear it, it feels like it. I'm comfortable on the clock, and pipsovka on the minutes will burn out the nerves for a time or two. But surely not everyone does. There are also so-called high-frequency devices, they work somehow. This is probably the pipsovka. And the system has its own for sure. Can someone trade profitably like this? Share experience.
 

butenkoigor1966

New member
But I agree with your counterpart more. The demo should be used to the holes. After all, the demo does not catch up with money, but skills. Ability to work clearly on the system. Notice the signal in time, open a position in time, and close it. Demo is just convenient for scalping. It should teach you not to pay attention to the Deposit at all. All attention to the signals. So that you can trade using the system on Atomat.
 
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