Do each of us only complete day trades? Will the trend trade be done?

Jun 19, 2022 at 05:48
420 Views
10 Replies
Member Since Jun 14, 2022   4 posts
Jun 19, 2022 at 05:48
When I found out that I can only do intraday trading, I still can't complete the stabilization, what is the problem, I hope someone can discuss with me
Trend is King
Member Since Apr 09, 2019   538 posts
Jun 20, 2022 at 11:06
What do you mean 'complete the stabilisation'? Do you mean make break even?
If you can't spot the liquidity then you are the liquidity.
Member Since May 19, 2020   395 posts
Jun 20, 2022 at 14:05
Please describe the problem in more detail. Do you use EA or do you trade manually? Why did you decide that you can only trade intraday, is it related to your EA, trading plan?
If you can't stabilize your trades, then the problem may not be just duration.
I don’t pay attention to duration at all, but I’m only focused on the result. If I understand that the result can be achieved in half an hour, then it's great, if in 3 days, it's also great.
Perhaps you should rethink your risk control rules. This may apply to specific currency pairs or the entire system as a whole.
@Marcellus8610
Member Since Jun 14, 2022   4 posts
Jun 21, 2022 at 10:20
sebking1986 posted:
What do you mean 'complete the stabilisation'? Do you mean make break even?

Can you guarantee monthly income?
Trend is King
Member Since Jun 14, 2022   4 posts
Jun 21, 2022 at 10:21
MarcellusLux posted:
Please describe the problem in more detail. Do you use EA or do you trade manually? Why did you decide that you can only trade intraday, is it related to your EA, trading plan?
If you can't stabilize your trades, then the problem may not be just duration.
I don’t pay attention to duration at all, but I’m only focused on the result. If I understand that the result can be achieved in half an hour, then it's great, if in 3 days, it's also great.
Perhaps you should rethink your risk control rules. This may apply to specific currency pairs or the entire system as a whole.
Because my trading habits made me a day trader when I was learning Forex, I used manual trading, not EA trading, I was looking for a more reliable EA, but couldn't find it
Trend is King
Member Since May 26, 2021   1 posts
Jun 21, 2022 at 10:31
Then why not looking someone that can convert your trading style into EA.
Member Since Jul 20, 2020   399 posts
Jun 21, 2022 at 10:38
wy0937 posted:
sebking1986 posted:
What do you mean 'complete the stabilisation'? Do you mean make break even?

Can you guarantee monthly income?

You can but it will never be a fixed amount of 'X' amount of dollars. It is always going to be fluid as that is the nature of trading. We follow our rules and plan and what will be will be. Once we follow the process the money will come
Member Since Jun 14, 2022   4 posts
Jun 24, 2022 at 02:25
AliffIsman posted:
Then why not looking someone that can convert your trading style into EA.
There isn't actually any stable EA that lets us trade
Trend is King
Member Since Jun 29, 2022   26 posts
Jun 29, 2022 at 11:45
Do you mean close out the trade or move your stop loss to breakeven ?
Keep it country
Member Since Feb 01, 2022   17 posts
Jun 29, 2022 at 15:56
actually, there's always 2 sides of every stories, same with eas, trading strategies, and everything. it's just that it's not easy to come by. practice make perfect might sound cliche, but that's that. be it manual trade or ea, risk and emotional management play very crucial role.
Member Since May 19, 2020   395 posts
Jun 30, 2022 at 18:29
wy0937 posted:
MarcellusLux posted:
Please describe the problem in more detail. Do you use EA or do you trade manually? Why did you decide that you can only trade intraday, is it related to your EA, trading plan?
If you can't stabilize your trades, then the problem may not be just duration.
I don’t pay attention to duration at all, but I’m only focused on the result. If I understand that the result can be achieved in half an hour, then it's great, if in 3 days, it's also great.
Perhaps you should rethink your risk control rules. This may apply to specific currency pairs or the entire system as a whole.
Because my trading habits made me a day trader when I was learning Forex, I used manual trading, not EA trading, I was looking for a more reliable EA, but couldn't find it
Do you have examples of your trading?
Trading stabilization is a long-term process of setting up a trading system. It would be easier to help you (if it is possible) if you would show a specific example of your trading, or describe your trading system, perhaps show us your vision on the example of technical analysis. Anyway, if you don't have stable results you first you should do is reduce your lot size and test your decisions on small amount to exclude a psychological effect.
@Marcellus8610
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.