134# TeKinik CRS100 Trading System
In trading you have a Trading Plan, a Setup and you take it, the moment you see everything in place. Hari dan waktu, kena set awal2. This is the trade where Fear let you place your Stop too tight and now, when you see your position down again, then Hope comes in telling you, it will turn around by letting you know the last time where you were stopped right at the Top or Bottom. Posted by Admin at 2: Mahirkan one self approximately Charge Measures.
Guide For CSR100 METHOD
Losses are just cost of doing business If you want to be a trader, accept that Losses are just inevitable Better take a small Loss, than letting it become a big Loss Yeah, I know all that, but Do you recognise yourself? Taking a loss is only ok, if I cover my trade at a loss and then it goes at least 50 ticks further against my initial position. Then I feel not good, but at least correct.
But which trade do you remember? The trade which turned right around, which faked you out, which took your Stop and then proved your initial trade correct. This is the trade where Fear let you place your Stop too tight and now, when you see your position down again, then Hope comes in telling you, it will turn around by letting you know the last time where you were stopped right at the Top or Bottom. And that of course is the start of the small Loss becoming a big Loss.
I have Losses as everyone in trading has. And I have found just one way to deal with Losses: A Loss is a Payment to the market I have to make to see, if my analysis is correct or not. In trading you have a Trading Plan, a Setup and you take it, the moment you see everything in place. You not only know, that your Setup is present, but you also know at which price a contract has to trade to make this Setup invalid.
Add a tick or two and you have your Stop Loss. To see, if you are right or not. Posted by Admin at 1: Hari dan waktu, kena set awal2. Thursday, 21 July Money Management. I've been contacted by some people asking me about giving the signal.
Im so sorry because i seldom want to give signal, as Im afraid some of you might 'blindly' open position without taking care of Money Management. Some people yet to really understand the important of MM in forex. It's like you open a shop, will you risk your shop so that you can survive only for 1 month, 1 week or even 1 day, or 1 hour perhaps.
Same goes in forex. With MM and Edge in trading, you are taking good Risk: Let say your trading technique give your edge or R: To make it clear, let say ur risk 20 pips to get reward of pip. Lost 3 times, you will have 6o pips lost. The remaining 2 wins will get you pips.
Straight away Margin Call bro!!!! What I can do is to teach you how to catch a fish. Be patient as normally, Professional Traders take at least 2 years to master in this business.