- Search Crypto Craft
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merlin replied Aug 21, 2005read the profiles on the broker page, there is a link to each brokers demo account and it tells what the minimum account balance is...
broker for newbie
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merlin replied Aug 19, 2005yeah there are a million ways to do pivot points. my personal preference for daily pivots is 5pm-5pm EST. for weekly, i begin at sunday 5pm and end friday 5pm EST.
Precision, low-risk entries for discretionary systems.
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merlin replied Aug 18, 2005a lot of people do that. most these days do an LLC, though. if you scour the greencompany.com website you will find good info on this subject. they also sell a book about trader tax that you might want to read...
Forex Taxes
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merlin replied Aug 18, 2005haha yes dialist, i meant those three pairs
sorry for the slang scepter! oh yeah, dialist, i am using dialy pivots. the start time for the pivots is the close of NY market at 5pm.Precision, low-risk entries for discretionary systems.
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merlin replied Aug 17, 2005btw, this just happened on the yen about 30 minutes ago... long at 109.94, exit 110.15.
Precision, low-risk entries for discretionary systems.
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merlin replied Aug 17, 2005ok dialist, i have a precision, low-risk entry techniques to add. this one takes small profits, but you can usually get away with a very small stop. between the hours of 5pm and 6am EST (not later because volatility is too high), if you see the euro ...
Precision, low-risk entries for discretionary systems.
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merlin replied Aug 17, 2005huh?!?? sounding cool is my MAIN objective!!!

Query: Moving Stops to Breakeven
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merlin replied Aug 16, 2005everything in trading flys in the face of literature
including what i am about to say here... entries are important. exits are important. money management is important. but NONE of them is more or less important than another. think about it ...Query: Moving Stops to Breakeven
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merlin replied Aug 16, 2005LOL! man, im out of the loop! but now that i know this is a commonly known maxim of trading, im going to put it in the same place i keep the "trend is your friend"
before i met jim, i would have argued that there is no way to enter a trade without ...Query: Moving Stops to Breakeven
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merlin replied Aug 16, 2005yeah the difference is when i enter a trade the market usually moves 40 pips against me. and thats exactly the time jim and dialist are entering their trade! damn, i need to learn this pullback trick!
Query: Moving Stops to Breakeven
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merlin replied Aug 15, 2005hey dialist ive never heard of this before :o who have you heard say it? the quality of your entry will determine the speed at which you should move your stop to breakeven. if your entries are really good with not alot of pullback, the fast move to ...
Query: Moving Stops to Breakeven
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merlin replied Aug 15, 2005i dont see why this question is important because there is no place where you can play a negative sum game with exactly 50/50 expectancy. placing random entry and exits will NOT give you a 50/50 expectancy. it may give you a good expectancy, maybe ...
codification of the market / Genetic Algorithms
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merlin replied Aug 15, 2005can you tell me why you need two separate accounts? it would seem you could do your strategy with one account...
about strategies
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merlin replied Aug 14, 2005you sound like a great trader rebel! btw, i love when a volatile summer (in both currencies and equities) flys in the face of conventional "summer is slow" wizdom
i hope that damn "so goes january, so goes the year" myth gets proved wrong AGAIN ...Where will it stop
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merlin replied Aug 14, 2005welcome to the forum rebel! you sound like you know your stuff
are you an elliotician?Where will it stop
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merlin replied Aug 13, 2005orii, what "math wiz gamblers" are you referring to? any person good enough at math to be considered a wiz will know that you can not make money with a negative expectancy game.
codification of the market / Genetic Algorithms
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merlin replied Aug 13, 2005well, yes, i would need a definition for trend before i can trade against it:o trends are defined by breakouts in my philosophy. if the market is making a new high (whether it be a 5 minute high or a 5 year high), it is trending up and vicaversa.
Let's talk about trends I'm confused
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merlin replied Aug 12, 2005i think the cable is out of gas right here at 1.8200. she's going 700 pips south

Where will it stop
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merlin replied Aug 12, 2005i concur
the trend is not my friend. trend following was in vogue in the 60's, and continued on through the 80's, and there is still a lot of liturature around that is based on the market conditions of those times. i dont think you can make money ...Let's talk about trends I'm confused