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I trade Forex full time, using my own manual trading system and my own EAs.
The majority of my trading is done on the Daily charts, trading multiple pairs.
Try to keep drawdown minimal as I only use a fairly small position size and looking for the big moves on the Daily charts. Until a trend has developed, I may take a number of smaller losses in the meantime, but the big moves normally more than make up for these.
I also look at possible re-entry/s on trades if I am stopped out and the trade signal has not changed, and price goes back to my original entry point. Be aware though, that these re-entries will be with a bigger position size (which is limited) as I will be attempting to recover any losses as soon as possible.
The majority of my trading is done on the Daily charts, trading multiple pairs.
Try to keep drawdown minimal as I only use a fairly small position size and looking for the big moves on the Daily charts. Until a trend has developed, I may take a number of smaller losses in the meantime, but the big moves normally more than make up for these.
I also look at possible re-entry/s on trades if I am stopped out and the trade signal has not changed, and price goes back to my original entry point. Be aware though, that these re-entries will be with a bigger position size (which is limited) as I will be attempting to recover any losses as soon as possible.
James Brown
Added topic PIP-F ATR Stop : Request Assistance and /or Advice
Hey guys, I've had access to a custom indicator called PIP-F ATR Stop for quite a few years now and use it a fair bit for my trading on MT4. The problem is, I don't have the source code for the MT4 version, and now I would like to use it on either