Interesting stats ! Thanks for the link..

Do scalpers make money in the long run?

Thanks Rap and jmn for your replies to my earlier question.

Trading Without a StopLoss

Appreciate the information and I will check out your journal.

Trading Without a StopLoss

GEfx, how did you determine a 25 SL and 80 TP as your levels and what time frame do you trade on ? I have often wondered if a pair drops 10 pts during its normal ranging movement how likely is it to return to BE or profit, or 15 pts or 20 pts ...

Trading Without a StopLoss

So, for those trading 10,15,20+ pairs without a mechanical stop loss..What criteria do you guys use to determine when a trade needs to be manually stopped ? Bilstein mentioned a 3 day time frame to any pair that is languishing in the negative.

Trading Without a StopLoss

Very much agree Bilstein ! This thread has opened my eyes and mind to other trading styles, methodologies and simply made me think !

Trading Without a StopLoss

I wonder also if hedging is a viable way to trade fx. I traded options for a few years but did only straight buying/selling of calls and puts. I saw others putting on multi layered delta neutral and hedging positions (condors, butterflies, debit and ...

Is there any hedging strategy that works in the long run?

Luci, currently 4 points in a congested sideways market, 6-10 in a strongly trending market . Sounds like we trade in a similar style for time frames and targets. Still playing with the numbers as I hate to see a 3 or 3.8 point position reverse ...

7 pips per day? is it possible?

Luci, what made you come up with a 3 pip target vs other amounts (2,4,5,10) ?

7 pips per day? is it possible?

[quote=Rap Skallion;7408919] If you have a 4000$ balance, your trade .09 lots. That is as large as I dare go. If I get into trouble with that size, I will go smaller. I am largely in accord with Bilstein, and he trades with a lower percentage. You ...

Trading Without a StopLoss

Thanks for the information and the edit Bilstein.

Trading Without a StopLoss

Bilstein, you book your profit and at the same time each day regardless of the amount ? No preset profit targets or amounts ? and you close all or some of your losing positions ?

Trading Without a StopLoss

Rap, thanks for the reply. What does the plus one refer to in addition to the .02 lots ?

Trading Without a StopLoss

Thanks for the information jmn...

Trading Without a StopLoss

jmn5611 and Rap Skallion: when you say 60+ positions going at the same time, does that include multiple trades in the same pair or all separate and distinct pairs ? Also curious with that many positions, what % of capital do you guys put in each ...

Trading Without a StopLoss

Thanks for the information Jason !

Trading Without a StopLoss

Thanks Bilstein, I did a google search on the topic but it didn't seem relevant to what was being discussed above.

Trading Without a StopLoss

When you guys refer to going against the swap does that mean hedging with another account in the opposite direction of your original trade ?

Trading Without a StopLoss

Enjoying this ongoing thread and hearing new ideas and perspectives from Rap and others. I trade with a very different methodology (time and procedure) but you have given me good food for thought...and 67 trades going at the same time ? Wow, how do ...

Trading Without a StopLoss

I am looking for a secondary broker after this Oanda mess. How are the actual spreads at MBT, not just their advertised spreads ?

OANDA Down?