How to manage risk on every trade before you even place a trade - General

ifortune 2009.07.17 00:12 #71

alfa99:
TO IFORTUNE AND TO WHOM IT MAY CONCERN!!!!My first post was written respectfully thanking you in advance for your free signals but for some reason you didn't like it.I didn't make any positive or negative reference regarding your free signals thread.I just only wanted to contribute making an explanatory reference that can help people to avoid from losing money. Any way, what I have mentioned and still I am keeping is thatTHE RESULT FOR THE SIGNAL SYSTEM WITHOUT MOVING THE SL FOR JULY 15, 2009 WAS -765 PIPS THIS IS SIMPLE MATH.FOR SOME REASON YOU WROTE -95 PIPS INSTEAD OF. PROBABLY IT WAS A SIMPLE INNOCENT MISTAKE !

Sorry Mate, your MATH was for 3PO and 3SL (it is your choice and depend by your MM/RISK) and it is up to you with lost -765 pips than you should also made PROFIT +1080 pips on previous day, am I right ??? I did explain it even before you JOIN this thread.

Signals 30-300 PIPs daily MT5 Product Initialization Failed Pips per day....

ifortune 2009.07.20 21:27 #72

Yesterday forgot to post the signals here and we made +440 pips with 6 pairs. Ifortune's Blog , hopefully we could make another good profit today.

"Learn how to manage risk on every trade BEFORE you even place the trade. Most traders think about how they're going to make a profit first, and then consider managing risk an optional afterthought. The truth is that the first thing you should do on every trade is to manage risk so that you are fully protected no matter what happens... only then should you think about the next steps toward taking a profit" HAPPY GREEN PIPS...

GBPJPY

BUY 156.50 TP1 156.80 TP2 157.10 TP3 157.40 SL 156.00

SELL 154.90 TP1 154.60 TP2 154.30 TP3 154.00 SL 155.40

EURJPY

BUY 134.70 TP1 135.00 TP2 135.30 TP3 135.60 SL 134.20

SELL 133.30 TP1 133.00 TP2 132.70 TP3 132.40 SL 133.80

GBPUSD

BUY 1.6590 TP1 1.6620 TP2 1.6650 TP3 1.6680 SL 1.6540

SELL 1.6470 TP1 1.6440 TP2 1.6410 TP3 1.6380 SL 1.6520

EURUSD

BUY 1.4260 TP1 1.4290 TP2 1.4320 TP3 1.4350 SL 1.4210

SELL 1.4180 TP1 1.4150 TP2 1.4120 TP3 1.4090 SL 1.4230

USDCAD

BUY 1.1100 TP1 1.1125 TP2 1.1155 SL 1.1060

SELL 1.1020 TP1 1.0995 TP2 1.0965 SL 1.1060

AUDJPY

BUY 77.10 TP1 77.35 TP2 77.65 SL 76.70

SELL 76.30 TP1 76.05 TP2 75.75 SL 76.70

USDCHF

BUY 1.0710 TP1 1.0735 TP2 1.0765 SL 1.0670

SELL 1.0650 TP1 1.0625 TP2 1.0595 SL 1.0690

AUDUSD

BUY 0.8190 TP1 0.8215 TP2 0.8240 SL 0.8150

SELL 0.8100 TP1 0.8075 TP2 0.8050 SL 0.8140

Signals 30-300 PIPs daily 1400-1600 GMT USD Breakout Forex Buy & Sell

sarath0033 2009.07.26 12:57 #73

ifortune:
GBPJPY BUY 145.20 TP1 145.70 TP2 146.00 TP3 146.45 SL1 144.70 SL2 144.45 SELL 143.90 TP1 143.40 TP2 143.10 TP3 142.65 SL1 144.40 SL2 144.65 EURJPY BUY 128.10 TP1 128.60 TP2 129.00 SL 127.50 SELL 127.10 TP1 126.60 TP2 126.20 SL 127.70

GBPUSD

SELL 1.4610 TP1 1.4560 TP2 1.4520 TP3 1.4490 SL 1.4670

Sorry last night so busy so couldn't post it...We LOST -125 pips in GBPJPY and EURJPY.