Re: XARD - Simple Trend Following Trading System
Posted: Wed Sep 11, 2024 5:18 am
I can only say that I treat the Xard System as a map, navigation, a road. I do not hunt for long movements, because I do not know when they will end and when the price will turn around. I make many short scalps. When I see a green dot on 200MA, I take a transaction and exit when I have the opposite dot and I repeat this over and over again. Sometimes, when I feel that I can hold the transaction longer, I hold it longer. Subjective assessment of the market at a given moment. Similarly, when I see a red dot under 200MA, I take it and exit on the opposite dot. Small steps, many small movements. It is not in accordance with the rules to enter once well and hold the position for a very long time. This lost me when I wanted to see how the price runs on M1 for 15 minutes, 30 minutes, or an hour. I have never succeeded. And scalping is fast and very effective, subjectively, only for me. This way I can work when I want, often make transactions and I don't have to wait for the indicators to be set up perfectly in relation to the price. I have a daily profit and I can enjoy other things. I see an entry, so I enter and take it. It all depends on what you expect and how you feel about itConio31 wrote: Wed Sep 11, 2024 1:33 am I have seen too many losses. I have been following this xard system for about 4 months now and been practicing it on demo. Yesterday i started to trade in live account but again I am facing many problems. I am still struggling with consistent profitable trades. How are you guys staying consistent. What is the ultimate thing which we have to observe for staying in the trade and what is the indication after which you guys get confident that this trade is gonna play from now on? What indicators are you guys using for confirmation purpose?