Recent content by Epess

  1. Epess

    Do the most profitable traders actually break the ‘1-2% risk per trade’ rule?

    Real talk. The 1-2% rule isn't the ceiling - it's the seatbelt, and most blowups - from revenge trading and no real edge. Sizing up before your stats prove out is just gambling with extra steps
  2. Epess

    NEWBIE JOURNEY

    Best to open up a journal for these cases. If you document each of your trades, in couple of month, you will already have some data to analyze. Of course the best is not just to put a trade screenshot, but also a reasoning behind a trade, and any other inmportant information. Then you can...
  3. Epess

    What strategies are good for beginners?

    Starting with simple levels is always a good idea. Try to identify major support/resistance levels, and they don't need to be precise from the start. Best way to emphasize a zone using rectange than a line, this way you can have better understanding of how price behaves in an area that's...
  4. Epess

    Which of these pairs is better for trading? XAUUSD or EURUSD

    To each its own. EUR/USD is less volatile, thus more choppy and traded in the range more often. Gold is more volatile and in recent years gives a clear bullish direction. Your task is just to survive the volatility and enter long at the right time. Anyway, I trade both swing and they’re...
  5. Epess

    Daily Market Report

    AUD/JPY? dont touh this pair now...it is not clear what BoJ is doing.... one the one hand, massive EQUITY INDEX boom, but on the other cautionary words from BoJ... therefore, JPY is too vague in terms of price development to me...
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