again you'd have to wait for the set ups, I dont know anyone who has done it each and every month. but maybe as an average over 2 years, meaning some month they do 40% and some they do 10%

20% per month. Is this possible?

I agree, it is important to know when to "sit on your hands". gotta wait for compelling set ups.

The art of Staying Out Of The Market

This idea may help url

What kind of Money Management rules do you have?

20% — it is possible, but you need to wait for the set ups to happen. you also need to have solid money management. problem with many traders is that they will make a pile and then lose it all in one or two "bad trades"

20% per month. Is this possible?

Looks as if you have NO money management. what is your risk/reward? all you lot sizes are the same....VERY, VERY BAD. size needs to be base on $ risk.

money management of USD20k

You talking Wolfe Wave? Many diff names for same thing.

How would you trade this setup?

follow the trend of higher highs/higher low or lower highs lower lows, stop under or above prev bar.

How would you trade this setup?

follow the trend of higher highs/higher low or lower highs lower lows, stop under or above prev bar.

How would you trade this setup?

LOL! no kidding.

Forex soars to $3.2 billion a day

I'd like to pass along my MM post some new traders may find this helpful... url

Money Management 101

Interesting point

dbFX Deutsche Bank

He is the Chuck Norris of Forex

George Soros is not a trend follower

dbfx — Yeah, I figured FXCM was behind the scenes, the also work for MF here in Canada. Who else do they "white label"?

dbFX Deutsche Bank

I know FXCM, FXLQ, MF (Canada), FX Sol, Interbank FX do

hedging brokers

Best time is 2-4 AM EST

best time to trade

this should be part of your trading plan. you say "okay I am only going to risk $100 on ANY trade, and I want to make at least $300. you then find set ups and calculate how many lots you can take based on the set up. trading like this takes ALL the ...

Money Management

You need to find set ups that have the proper risk/reward. Find chart patterns that have a stop 10pips away and a target of 30 and then determine lot size. your lot size is determined by the target and stop price. hope his helps??

Money Management