Trade with great care like on thin ice

Trenchtrader

Well-Known Member
Hello everyone,I want to put every detail MT4 picture of wti xauusd spx500 etc which my trade here to sum up my mistakes,record step growth cautiously,and I hope to discuss it with you.do you know it conforms to the rules of the forum?Thank you for your reply.
 

jack

Administrator
Staff member
Yes, please feel free to post trades and ask for advise here. :)

You can use the attach feature of the forum to post images, or you can link an image from an image hosting site like imgur.com..

Cheers!
 

Trenchtrader

Well-Known Member
1.3
xauusd:stop loss,-40.6pips
it's very unlucky to be stopped loss like last time,and there is a problem: forget to set the take profit 1.3.png
 

Trenchtrader

Well-Known Member
1.4
wti:stop loss,-29pips
once again, it's a pity,the market is always joking,and i can forgive it
1.4.png
 

Trenchtrader

Well-Known Member
1.5
spx500:break even protection,+1.8pips
there are 100 profit points, which are not protected in time after open it
1.5.png
 

jack

Administrator
Staff member
Few quick things:

I noticed you're going for channel or diagonal trend line continuations. Is that correct? Could you provide a bit more detail on what you're looking for in a trade setup? What filters out good / bad trades?

I noticed you're trading SP500 CFDs... There are other trading products that might provide more volatility than SP500/SPX, and the spread on CFDs is often a factor in profitability since they are typically much wider than alternative products (such as futures that track the SP500, or an ETF.) So what factors go into your universe selection? (The products you trade or focus on.)

You're trading live. How are you structuring your risk? What are you risking per trade as related to your account size?

Cheers!

Edit: Oh, and keep it up! My questions are trying to understand context, not knocking your trades.
 

Trenchtrader

Well-Known Member
Few quick things:

I noticed you're going for channel or diagonal trend line continuations. Is that correct? Could you provide a bit more detail on what you're looking for in a trade setup? What filters out good / bad trades?

I noticed you're trading SP500 CFDs... There are other trading products that might provide more volatility than SP500/SPX, and the spread on CFDs is often a factor in profitability since they are typically much wider than alternative products (such as futures that track the SP500, or an ETF.) So what factors go into your universe selection? (The products you trade or focus on.)

You're trading live. How are you structuring your risk? What are you risking per trade as related to your account size?

Cheers!

Edit: Oh, and keep it up! My questions are trying to understand context, not knocking your trades.
Well, friend,the channel or diagonal trend line is my main trading system tool,I'm used to trading with them,these pictures contain my trading plan at that time,you will find later that the probability of success is not very high , only about 30 percent,the important is that my profit pips are bigger than my stop loss pips if it is successful,and the only risk for me is not executing a stop loss,thank you very much,glad to communicate with you:)
 

Peterma

Well-Known Member
Hi trench,

Just wondering - why here, BP, T2W, Mql5forum, forumww, forex-stn, forexforum - likely i may have missed some, if so apologies.

As a friend of mine would say - what's the story?
 

Trenchtrader

Well-Known Member
1.7
spx500:profit protection,+40.4pips
I didn't expect that it didn't fall this time but next time.Fortunately, I protected 40.4pisps

1.7.png
 

Trenchtrader

Well-Known Member
Hi trench,

Just wondering - why here, BP, T2W, Mql5forum, forumww, forex-stn, forexforum - likely i may have missed some, if so apologies.

As a friend of mine would say - what's the story?
Hi, friend, you are a very careful person. In fact, you missed some other places where I left records of trades. Why did i do that? Because I think, by showing my trading mistakes, I can take my trading more seriously, constantly remind myself that trading risks are everywhere, and slowly witness my growth. If my friends can see it, I will be very happy to grow with you,thank you.;)
 

Trenchtrader

Well-Known Member
1.10
xauusd:break even protection,+2pips
the market didn't give me the opportunity for take profit,OK,protect
1.10.png
 
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