#44 A MISTAKE THAT COST ME PROFIT
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Don't change your philosophy midstream limit your risk. Risk free sounded and sounds fairly low.
cosmosgato 2 years ago
I dont quite know what you mean "Sounded and sounds fairly low"
I wanted to go long the master spread because the market declined in my opinion "too far too fast" and I felt its only potential left was to retrace. Especially since it had come down 100 pips from the high. That is a significant number to the market
orionmachine 2 years ago
Morphing strategy from fear greed or just over thinking is a system killer.
If the appeal of binaries and spreads are partly risk/reward ratios then zero your risk to that -1pip
cosmosgato 2 years ago
well said
orionmachine 2 years ago
My basis for this was that the market would not do anything overtly extreme as it is waiting for the NFP numbers.
orionmachine 2 years ago