If you referencing adding additional positions onto an already active trade that is currently positive then it would be noted as Pyramiding. Pyramiding is an art that uses the strength of a trend and its minor pullbacks to use the current profits to ...

Doubling up is martingale?

True, I didn't think of it in that light (close partial of second, third plus orders. Opening multiples can be a right pain in the arse but then again the rule changes were never meant to make it easier. I don't run long tails any more, then longest ...

No Free Lunch but all the Free Coffee you can drink

The easiest way around the Oanda FIFO is to stage the units differently. If I have more than 1 open position with 1 particular currency and the risk measurements mean the position size will be the same as the other, I just make it 1 unit bigger or ...

No Free Lunch but all the Free Coffee you can drink

Well then you have found your niche. If that is what you prefer then go ahead and tackle it. There are plenty of ways to scalp and they can contain indictors or not, price action, news and/or any combination. If you are scalping I would recommend ...

Vaidas corner (scalping, long investing, indicators)

Lets start with the obvious. It is difficult, especially when you are starting out, to find that niche time frame that suits you best. Expect it to take some time however I will offer this advice and that is to work from a high time frame down. ...

Vaidas corner (scalping, long investing, indicators)

Oanda and RBS allow for 'unit' trades instead of preset lots. For example mini accounts allow for trades of 10,000 unit trades effectively meaning each pip is around $1. A Micro account is smaller at 1000 unit trades. Oanda allows for the small ...

"cent" demo account

Cheers bud, I certainly have not been on the sidelines and for the better part, if I had traded without a SL then the graph would be very different. Just late last week I had 2 shorts that were stopped out by 2 pips and 3 pips as I put them in ...

Razors Journal - Basic trading with PA at S/R

2nd 3 month update — Well I wish I could say the last 3 months went as well as the first three or should I say they were until beginning/middle of Feb till now. Almost eclipsed the 100% ROI, almost, before my return to Earth. They say "if it ...

Razors Journal - Basic trading with PA at S/R

Well then by his figuring and the explanation he has given with the decreasing returns with increasing risk then all I would need to do is risk .00000001% and my returns will be off the chart. The opening example is just stupid as all he has done is ...

How Much Do You Risk Per Trade?

you've got to ask yourself one question: Do I feel lucky? Well, do ya, punk? Well if you can successfully double the amount each trading day for the month you would have enough to buy a small island. Mysticgenie showed some time ago that he managed ...

How Much Profit Can $35 Make In 1 Month?

My input. I depends on where my account is at relative to its starting point. I depends on the trade unfolding before my eyes. If I have learnt 1 thing this year it is to make the market pay when highly probable setups present themselves. In my case ...

How Much Do You Risk Per Trade?

My chart

Razors Journal - Basic trading with PA at S/R

Well it has been a great 2011. While it has been over 12 months since I posted here I have been around the tracks, visiting and reading some great threads and catching up time to time with some people on Twitter. I didn't trade as actively at the ...

Razors Journal - Basic trading with PA at S/R

Some of the hardest things to swallow — Don't normally trade much over the Xmas/New Year period but this just had the markings of a trade that just needed to be taken. Unfortunately the flu prohibited me from a day of watching charts so I put ...

Fail Better

Send a private message to Tom with you email address and ask if he can add you too the list

Fail Better

SFP showed it colours again — 2 very nice ones on the AUD and EUR USD pairs yesterday (hourly) that have dropped a bucket. I missed both on account of being away but to anyone who took them you are now up around 200 pips AUD and about 80/90 on ...

Fail Better

Cheers, Just tried chrome again and got in this time, not sure what is going on with IE. Thankfully for the extra browsers these days. RT

OANDA Discussion

Is Oanda down — Can seem to get to the sign in regardless of browsers, just wondering if anyone else is experiencing the same problems.

OANDA Discussion