Hundreds of traders are doing scalping & the strongest EA in history【Souten no EA】
Hello everyone.
I received a lot of messages in the morning.
Among them, there were users who reported the results after purchasing and trading for about 40 business days (roughly two months), so I would like to share that message with everyone.
To Mori-sama
We have received a happy report.
Thank you.
“Whether I can cut losses or not”
This is the point.
Normally, it is natural to wish for a position you opened to go into profit and be able to close, but the market does not move according to our expectations.
When it doesn’t, it’s about admitting the loss and whether you can cut it or not.
A position that you opened becoming all positive and your funds skyrocketing is mere fantasy.
Cutting losses is risk management.
Today, is it okay to lose as much as you like?
A trade that thinks so is not risk management.
We know the points to trade, so whether it’s a breakout or a pullback strategy, cutting losses is part of the costs; from here, when you hold a position with unrealized profit or potentially extend it, and where profit-taking is reasonable, cutting losses is necessary up to this point.
Profitable traders and those who make 5 million or 10 million in profit every day do not achieve that profit in one stroke (though there are cases).
Trade accumulation leads to eventual profit.
I think mistakes in cutting losses, late cut losses, and perfect cut losses will be mixed, but to make profits, costs are necessary.
In business too, there is no company that makes profits without any expense.
Cutting losses is, I think, about cutting losses as a cost and seeking new points.
Profit of 5 pips per day.
I think that is splendid.
I think it is a reward of consistency.
Five pips may seem small if you only look at it in terms of pips, but for someone trading 1,000,000 units, that is 50,000 yen per day and 1,000,000 yen per month, which is tremendous.
Even for someone trading 100,000 units, it becomes 100,000 yen per month, so for a part-time trader, isn’t that a great success?
From now on, you will operate with full leverage compounding, so if you can cut losses properly, I think you will gradually see what can be achieved.
I hope you will solidify a classic method and spend time building your own trading strategy.
Thank you very much.
Scalping used by the millionaires
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https://www.gogojungle.co.jp/tools/indicators/42559
Stress-free irregular hedging (well, not losing)
Unusual hedging in FX
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