Cladi39 wrote: Sun Jun 06, 2021 3:22 am
I working in a system that give 10 entryes at month in 5 minutes time frame expiration 30 candles ( arround 100 pips in forex by trade) the winning ratio is 90%
and the stop lost take profit ratio is 1/5. I think will open an academy what you think?
XARD: Does my setup not give about 3 entries a day on 5m without any academia!!!
Teaching - in itself - is not a bad idea but:
1. You should stick to the appropriate TF
2. You should give screenshots of live trades
a) exact entry (& what kind of order - stop, limit etc) and reason for using it
b) exact SL and reason for using it
c) exact TP and reason for using it
3. explain your money management and risk-reward analysis
Of course, there is much more (i. e. psychology, trading styles etc) but that would be a beginning.
Only by doing it this way could you help all those people who are still complaining about continued losses...
The exact application of the method - down to the most minute detail - is what has always been missing on this (otherwise most interesting) thread (the produced .pdf is more like a conglomeration of screenshots that show off sweet hindsight knowledge...)
So only the person who - for one reason or another - takes on the huge task of taking beginners by the hand (metaphorically) and leads them - step by precise step - through each trade can improve the situation for them.
