I’ve just uploaded a new video to the Trader Training course, which shows a trade, that I took last week, where you could have doubled your trading account with one trade by only risking 3% (not that I would risk 3% on one trade, so this is theoretical but very possible).
The trade was taken on a DAX 1-minute chart with a risk/reward of nearly 37. Don’t let anyone tell you that the lower timeframes are ‘just noise’ – I really hate that expression. The lower timeframes provide a ton of information that can enable trading at the very best levels with the tightest of stops – as the video shows. The video also shows the importance of not having too-tight a stop loss.
The type of setup was a simple W4 TLB– nothing complicated and a setup that happens plenty of times, on all timeframes and all symbols.
1/7/2018 02:26:56 pm
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