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6 Comments

  1. Brian-Reply
    May 21, 2016 at 2:21 pm

    Hello Charlie

    No comments at time of writing? So you dont think nobody is watching, perhaps I could say I appreciate the trade, and also the comment on Monday when you suggested the “sister” trade of USD/JPY, I was a bit late on this but after the pull back on Thurs, bought on Friday and made some pips, this looks like a runner?

    Any thoughts about how to play the volatility which will be likely around the referendum?

    Regards Brian

    • Charlie Burton-Reply
      May 21, 2016 at 8:59 pm

      Hi Brian. Thanks for your message. Remind me closer to the time and I’ll cover my tactics going into the referendum.

      Charlie

  2. John Elroy-Reply
    May 21, 2016 at 6:27 pm

    Hi Charlie – I am just getting into swing trading and was wondering, do you often hld trades like this over the weekend? And if so are you not concerned about the market gapping against you and suffering significant slippage?

    Thanks! J

    • Charlie Burton-Reply
      May 21, 2016 at 8:56 pm

      Hi john

      The only way to make significant gains on swing trades is to hold on for more than just a few days. Slippage is part of trading so no it doesn’t concern me but if I was in a trade on a Friday that get close to my stop then maybe I would close it but outside of that no I love holding onto swing trades. I wouldn’t have made 1100 points earlier this year if I had closed out because of a weekend. But don’t get me wrong, I won’t trade markets that are susceptible to large gaps anyway.

      Charlie

  3. Rahul-Reply
    May 22, 2016 at 5:20 pm

    You always talk about adapting how do you do it and in the webinar videos you also said the account was going flat around 27k if I’m not wrong so how do you need to know when to change the strategy or stop trading define adapting?

    • Charlie Burton-Reply
      May 22, 2016 at 6:44 pm

      Hi Rahul.

      Yes during the challenge there were several stages where the account would go flat as the market conditions changed. How do I know when to adapt? I will discuss this in this week’s final 10k challenge webinar.

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