silver, gold and oil are far from their historical lows and the only one I think of is VIX. have limit orders in place at the moment @ $ 11.00

Playing Russian Roulette with Martingales

from memory he said to close your trade if momentum fades within the first 5 minutes. maybe not a bad idea to take every break-out trade with sufficient momentum being there and exit when momentum fades for small losses/wins and profit big when ...

Higher Edge within a Single Candlestick

so when will the next global crisis hit? within 1 year, 2 years etc....... nobody knows, but we can only be prepared for when it happens. thought for a moment it was going to happen with the Chinese debt scare in August 2015 and January 2016, but ...

Higher Edge within a Single Candlestick

nah, OP only has an IQ of 75 and probably cant read or write lol........ thanks Veefx for your info, much appreciated. sorry MoneyZilla for hijacking your thread, but maybe we all get something out of this.

(binned per thread starter's request) MoneyZilla replies to Frien

I only ever withdrew profits from Interactive Brokers, but only traded the sub 1 cent stocks on the Australian market. it afforded me to buy my house and living off the proceeds. this system is not possible anymore, because of government changes ...

Higher Edge within a Single Candlestick

I do have an account with Pepperstone, but haven`t traded with them for awhile. they must have changed the equity cfd`s, because before they only offered cash cfd`s and charging overnight fees. I joined British brokers for their government guarantee ...

Higher Edge within a Single Candlestick

hi C, undoubtedly it will happen - from 2009 to 2017 is the second longest bull run in history - its "only" a matter of when. I will be looking at futures with Interactive Brokers and I have some accounts with forex brokers, who offer cfd`s on ...

Higher Edge within a Single Candlestick

waiting for the next crisis. NQ going up fast from 2009 onwards 1,017 to more than 6,000 right now. what goes up fast, will go down faster still.

Higher Edge within a Single Candlestick

yes, I know its for long-term traders, but I dont see what that has to do with your example. When I unhedge 100 pips past the open, I have 1,550 pips in losses when I close the 10 losing trades. If price comes back, 9 of my profitable trades close ...

(binned per thread starter's request) MoneyZilla replies to Frien

I dont think its that simple if I understand you correctly. you unhedge at 100 pips past the open and close the 10 losing trades. these 10 trades are at a loss of 110 pips, 120 pips etc etc.....and the last one 200 pips = 1,550 pips in losses. that ...

(binned per thread starter's request) MoneyZilla replies to Frien

After you unhedge, what do you do with those 10-20 open positions if price comes back and the reversal does not work out?

(binned per thread starter's request) MoneyZilla replies to Frien

I hear you, but imo Bk8`s system is a good way to get into a new direction. how far will it go? nobody knows. we can only participate and do the best we can with the CURRENT price action. if there is free-flowing price action with good momentum, we ...

Monthly Profit - Daily Trading using SMA

long-time posters Oddbjorg said 65-75% success rate - Filipo 75%. something to ponder about maybe: have you noticed how many times Bk8 changed the way he took profits? with high volatility you can go for higher TP`s; with the present low ATR`s you ...

Monthly Profit - Daily Trading using SMA

sarcasm is the lowest form of humour.

A quantitative approach to trading Forex and Forex Derivatives

from your earlier posts its obvious you dont like whats discussed here. and this thread being in the Trading Discussion section: whats wrong with these discussions being here - no need to pick up the phone surely. childish talking about gamblers etc ...

A quantitative approach to trading Forex and Forex Derivatives

hi PF, concerning brokers: I have accounts with 3 different British brokers for the government guarantee of 50k pounds. find ActivTrades the best - positive slippage, reasonable swap and spread, no commission. spread E/U 0.5-0.6 pips at the moment.

My way to highway

flipping buy trade = closing out losing buy trade and place a short trade from there, right? if flipping at a certain price makes sense depends on recent price action I would say. suppose you buy @ 1.2000, TP 1.2100 - price drops to 1.1950 and you ...

(binned per thread starter's request) MoneyZilla replies to Frien

hello folks, its true there is not much info about hedging and unlocking a hedge. imo the reason for that is that is not easy to do the unlocking and sometimes it needs several attempts. with several attempts your floating losses will increase 2-3 ...

(binned per thread starter's request) MoneyZilla replies to Frien

your "best" solution is for traders, who are not allowed to join a government guarantee scheme, like the US traders. for everybody else the best solution is to open an account with a broker under a government guarantee scheme: funds 100% protected ...

Is anyone using Custodian service to protect your account?

if you`re worried about theft or insolvency of the broker, why dont you join a broker who is regulated and has a government guarantee in case something happens. the British government guarantees 50,000 GBP - the Canadian government 1,000,000 CAD - ...

Is anyone using Custodian service to protect your account?