i believe on profitable strategy ..
if ur strategy hit 8 TP among 10 trades , then u dont need money managemment or risk M.. or any other thing . u must should know what to do
Anyone who advises people to ignore money management or risk management, clearly should be promptly ignored because they no real understanding of the markets.
No SL? Oh sure that's a really smart idea....
Enjoy those 3000 PIP flash spikes...
We've had more than one massive flash spikes in price movements in recent times.
And booom. Account blown...
yah after spending 10 years in forex market ..of course i dont know .
i dont know 25 rules of money management and psychology
i dont know any fundementals
i dont know market structures
i dont know technical analysis more than 50 i dont want to write down here
i dont know 8 types of money management and risk management with depth
i dont know model of liquidity providers , security funds , and brokers secerts and methodology of work
of course i didnt read more than 3000 forex ebooks , didnt met with more than 10,000 forex traders , didnt attend more than 100 seminars, didnt study more than 10 ,000 forex strategies , didnt tried 1000 paid robots :)
didnt understand mafia of brokerage
didnt make many videos and wrote articles about forex
yah i dont real know understanding of the market , thankx for telling :).. dont know why every body think only he know the market .plz give respect to others :) every one has right to give his own opinion..
* the people who are using Stoploss making huge profit ? those are also lossing money , so point is not SL here i just shared my thoughts and experience :) as per u shared .. dont mind and thankx
skype id millennium.analyst