Yes Nefser. I would say though, to actually do well at trading you first have to know what you're doing. Most retail traders have absolutely no idea and don't know where to go from there. It really is just a nasty loop. The only way they cut out of ...

Which indicator has the highest probability to predict price

This thread is evidence alone that few will ever make it. You guys have to stop doing this. You are looking at the fx market with blinkers on. There are high probability predictive indicators but you're trying to find them with a retail mentality or ...

Which indicator has the highest probability to predict price

tunera, i'm surprised you took a loss on this trade. Nobody can fight the CB's and macro flows. So, better in the EUR to be a seller off the highs. That way you can run them longer and you can put some weight into it. You want to be netting short. ...

The Buy Low and Sell High System, the best way to make money

Couldn't agree more David.Spot on! +1 Rgds

Can I recover trades with only 10% equity left? Please help!

Mave You can trade half sessions, in fact you can trade for as long or as short as you want. I feel though tracking sentiment over sessions is the best way to go about it for a professional trader. If you can only sit and trade for small amounts of ...

Can I recover trades with only 10% equity left? Please help!

bradu So a chart is history, it is what HAS happened. They are useful to a trader but one shouldn't be trying to get an edge purely from a chart. If you think of the amount of retail traders that fail, what do they all seem to do that is in common? ...

Can I recover trades with only 10% equity left? Please help!

Mave Most of the time i cover intraday but sometimes i'll have to roll them for longer to achieve goal(not my financial goal lol, but in terms of price). If i'm running macro on something, i'll try and net that side, while also taking some intraday. ...

Can I recover trades with only 10% equity left? Please help!

Not at all Stew.I just trade professionally from home. I have some friends who work for banks, but not myself. Rgds

Can I recover trades with only 10% equity left? Please help!

Very important both these aspects Stew. Good USD offer yesterday, short squeeze in both XAU and XAG would have helped you clear longs under/around 16 if you had them. Volatility on a neutral USD will have you clearing both ways. When market ...

Can I recover trades with only 10% equity left? Please help!

No problem Carlton. I was a bit vague in that thread on some things. But the base strategy in there is the exact same principle as in this thread. Take those/these principles and then see what you can do further on the fringes to increase ...

The Buy Low and Sell High System, the best way to make money

lol...nice one Rc Couldn't have said it better myself. Rgds

The Buy Low and Sell High System, the best way to make money

There are plenty of sites that will give you all the information you need. Just Google anything foreign currency related and read away. Just approach spot fx with an understanding that it is PART of a greater system. If you trade it like it IS the ...

The Buy Low and Sell High System, the best way to make money

So regarding the first 2 points. 1. Macro. It is fairly obvious at the moment that the Eurozone has issues with inflation, a lack thereof. Inflation figures are running well below the ECB's target(a little under 2%). We also have the US economy ...

The Buy Low and Sell High System, the best way to make money

lol No, not me Stew. All the best mate. Rgds

Can I recover trades with only 10% equity left? Please help!

You're hedging. You most certainly are going against price drivers. It's not about where we think silver should be. What is important as a trader is aligning ourselves with reality. All the best with it Stew anyways. I just wondered why you were ...

Can I recover trades with only 10% equity left? Please help!

Who/What is this Stew? I have no idea lol Rgds

Can I recover trades with only 10% equity left? Please help!

One-way trade into the U S D, across the board. Here is a word of advice to anyone reading this post. Never ever ever look at a chart and make a decision of that alone. You MUST find out what is driving it(the chart) either upwards/downwards. If you ...

Can I recover trades with only 10% equity left? Please help!

@stewrigh Buying physical makes sense to me completely. The only way i'd do it. I wouldn't do it currently while the USD is so bid though. It has been closing yield spreads lately, cutting into most(if not all) higher yielding counterparts. But if ...

Can I recover trades with only 10% equity left? Please help!

@stewrigh I know why you're in DD. But do you know why you're in DD? What made you take a long silver position stew if i may ask? And how exactly are you hedging it? Just trying to understand your reasoning behind that trade. Rgds

Can I recover trades with only 10% equity left? Please help!

How does this work stew? The only way you'll gain both ways is if you trade perfectly with every market movement. And if you can trade perfectly with every market movement, you won't need the hedge. Zero risk. What is that? The purpose of a hedge is ...

Can I recover trades with only 10% equity left? Please help!