Starway To Success Discussion

Hi I used this strategy live for the first time last night & would be grateful if you could take a look over the screenshot & let me know what you think. i managed to release 43 pips.

Hi once again this morning I have used the 5m sar piercing to enter a short position , gaining almost 60pips, showing that if you obey the rules of this plan it will work.

Hi vmcc2' Congratulation on your first live trades following 'Starway to Success'.

Entries: Your entries were spot on. If you continue to read the symbols correctly there is no reason why you will not become a profitable trader.
Exits: Your first post shows you a little premature in exiting but I note you exited the last post spot on. As a matter of faith that was a copy book trade for stat to finish!
Symbols: Once you receive your Pars SAR alerts continue to be prompt in returning to you PC. While you wait for entry clarification analyze the information that you have on your screen as this will give your confidence level to taking the trade.
Stop-loss: I do not have you information to comment nevertheless I am sure you are placing your stops above the stars.

As traders success' come to the fore some fall into the trap of thinking that they are clever and have acquired a super talent. Remember it is obedience to the markets demands that make you profitable!

Keep on reaching for the stars

hi thank you for the reply, with regards to my stop loss, yes I have placed them just above the SAR line & using the calculator on this site to determine my lot size, in effect never risking more than 2.5% of my account, so whether a 20pip or more S/L is required the risk will always be (a) what my account can withstand (b) never changing* (c) what I am comfortable with. thank you

*bad risk management is the ruin of most would-be traders

Hi Pat, If you have a trade plan and seek to follow it then your account will grow as you grow in understanding and discipline

HI Pat check this out