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TheMaxx replied Oct 31, 2013Thanks for taking the time to explain, but this is all beyond my level of comprehension. Hopefully someone else will get some enlightenment out of it!
Does the martingale system really work?
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TheMaxx replied Oct 31, 2013Thanks for taking the time to reply and explain. So if you can accurately assign a probability to a sequence occurring, and limit your risk when that doesn't occur, haven't you got a good money management system? eg, I'm wrong 10 times in a row 1% ...
Does the martingale system really work?
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TheMaxx replied Oct 31, 2013This is of course true as all flips are independent of each other, but why does a large number of flips follow a normal distribution? I have trouble reconciling the two ideas in my mind.
Does the martingale system really work?
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TheMaxx replied Oct 25, 2013This is so true. The guy who lost could have easily focused his energy on getting those 30 pips back instead of wasting it on complaining.
Pepperstone Forex
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TheMaxx replied Oct 25, 2013yes, recording your trades is very helpful - I save a photo of every trade and review it in a journal after my trading session. For each trade I ask these questions (suggested by Lance Beggs): a. What did you expect to happen? b. What did happen? c. ...
Scalp, scalp, scalp
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TheMaxx replied Oct 25, 2013why would someone bother to hack an MT4 account? What's the point? There's no financial gain, right?
Armada Markets
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TheMaxx replied Oct 24, 2013Thanks. Lots of questions! I assume if your buystop is hit you cancel the sellstop? What's your original stoploss for the buystop/sellstop? Could I ask who you're using as a broker? Also, does your EA place the trades or just move the stops to BE?
Central Banks & Big Players
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TheMaxx replied Oct 24, 2013Trading comes first mate - make sure you only post here at dead times.
Scalp, scalp, scalp
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TheMaxx replied Oct 24, 2013No hidden agenda - just calling it like I see it. I've never had a problem with Pepper
Pepperstone Forex
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TheMaxx replied Oct 24, 2013Very helpful, thank you! Extremely smart way to trade
Scalp, scalp, scalp
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TheMaxx replied Oct 24, 2013the move happened 5 mins to the hour for me. by then it was too late and didn't know when i should get in
Central Banks & Big Players
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TheMaxx replied Oct 23, 2013You traded NFP when there was no liquidity - what did you expect? Who is going to magically appear to take the other side of your trade?
Pepperstone Forex
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TheMaxx replied Oct 23, 2013Thanks for explaining your method to us Diceman it's very interesting. When you get a moment could you please explain more about these calculations? I may be dense, but I still don't understand how you calculate these averages. Thanks Pete
Scalp, scalp, scalp