Mihaly’s trading journal

  • Samuel Junghenn

    Organizer
    October 22, 2022 at 11:20 pm
    5,446

    Nice Mihaly. When you say entry and stop loss will be in real time, what do you base them on to know when to pull the trigger?

    • Mihaly Kriminal

      Member
      October 23, 2022 at 8:12 am
      430

      There are more timeframe and more opportunity. Direction and signal are simiral.
      If I want to trade swing, I wait H4 signal of my strategy ( I use some indicators for signal). Stop loss is higher, and I try “buy&hold” it till some days, till profit target.
      If I want to trade daytrade, I go lower timeframe. Stop loss is lower, and I close if minor trend changes. Then I wait for another signal.

      • Samuel Junghenn

        Organizer
        October 24, 2022 at 4:02 am
        5,446

        Ok, sounds good 👌

        • Mihaly Kriminal

          Member
          October 25, 2022 at 1:49 pm
          430

          Well…

          The first trade opened, but the price moved against me.

          But I believed in the uptrend, so I used a wide Stop loss and bought & held new positions.

          So two days later I did the Bull challenge again.

          Then I closed it by hand. That’s enough for me. I go to relax.

          I hope this can be the trade of the week. :D