Muthu@1206
New Member
Hope nobody was trading during this mess...
A few signals might yield +10... but most of this was whipsaw reversals.
Ugly stuff... Be careful guys... discipline is always needed w/ any 1m system. So many scalpers are looking for a grail and can become way too mechanical w/ their entries. This system is a great pip machine but I believe you must guard your account w/ good money management and have an overall "feel" of how the market is reacting at the moment. A scalper w/out a news service would obviously stay away during news times, but the same could be said of this system during ranging and jerky price action. I'm sure I'm just preaching to the choir but you could lose a ton of pips just trading these signals at the wrong moment.... and you can make tons more w/ proper discernment.
A few signals might yield +10... but most of this was whipsaw reversals.
Ugly stuff... Be careful guys... discipline is always needed w/ any 1m system. So many scalpers are looking for a grail and can become way too mechanical w/ their entries. This system is a great pip machine but I believe you must guard your account w/ good money management and have an overall "feel" of how the market is reacting at the moment. A scalper w/out a news service would obviously stay away during news times, but the same could be said of this system during ranging and jerky price action. I'm sure I'm just preaching to the choir but you could lose a ton of pips just trading these signals at the wrong moment.... and you can make tons more w/ proper discernment.
