Good theory, now do you have a fixed way to determine your entry and exits? Is this theory validated yet by past results/past back tests?

Tug of war in market flows

Still looking for setups on GOLD, quiet day, will post entry and charts once setup is formed

GamblerPro

It really depends the system you are trading with

How wide is your average Stop Loss?

You'll need to be mentally sane enough to control your mental SL. Brokers also certainly don't care about SLs from retail traders IMHO.

No Stop Loss Trading

Yeap, TP-ed on my positions for Gold Longs

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Feel free to include my TE to the thread too

GamblerPro

Because hedge funds spent almost $300 Mil to develop algo trading system, how much do you think retail traders can manage to spend on their Algo's? Most Algo you see in the forums adapt to the charts of past data but can't adapt the new market ...

(binned per thread starter's request) Still Learning (Tips/Advice

Yeap self discovery. Always happen after we go down the rabbit hole in trading. Ask yourself 2 questions 1. How did I won those money? Was there a set of rules that I can repeat that can generate the same results over the years for me? This will ...

What's the Value In Trading?

Brokers normally will place you in a different book instead of betting against you.

Can YOU make money as a trader?

Great to see traders being transparent and opening up their TEs! Kudos. Ask yourself - Is your trading system fixed? Is it too discretionary? How can I make it fixed so I can follow the rules easily - How is your efficiency executing your system? ...

(binned per thread starter's request) Still Learning (Tips/Advice

The Question is HOW not to lose money? It your system profitable throughout the years? Is your system's rules fixed? how is your efficiency executing it? This are the MAJOR keys to success in trading.

Keys to Success

Get your mindset fixed, learn how you made those gains instead of how to earn faster. Fix your system rules instead of saying "I cant say that I used any strategy at all". Scariest shit is you don't know why and how you made those gains, means you ...

Share your results from today

I always refer myself as a professional gambler The similarities are indeed overwhelming, depends on what perspective you fit yourself in.

Can YOU make money as a trader?

Great thread for newbies, kudos. Here's my rules I stick to RULE 1: Never predict the market, if your system has predicting elements or say discretionary, you are almost deemed to fail 95% of the time. RULE 2: Execution Efficiency, can you execute ...

Can YOU make money as a professional trader - Redux

It's part of the trading cost, which you must take into account when calculating the profitability of you trading system. Swap costs can eat up to 5~15% of my trade's profit. But largely newbies fail because of their trading efficiency, ...

Are trading costs the main reason of losses in trading?

Yeah, to expand on it, keeping it simple stupid means = it's SIMPLE enough for you to follow the rules, keeping your efficiency in executing high. Find a system, back test it, tweak it, forward test, then fund your account and follow the rules.

Stop searching for the 'Holy Grail', work on yourself!

Nice trade, entered the party late but still managed to TP too

Daily Trading Ideas

No it's not easy, clicking buy and sell is easy, finding a strategy that works is easy. So what is Hard? Your efficiency in EXECUTING, can you make sure you FOLLOW strictly your rules every single time, in draw downs or in losing streaks, this is ...

Stop searching for the 'Holy Grail', work on yourself!

Man, by your replies I can see that you are a complete newbie , it's okay i've been through that stage too. We don't "Predict" the market, don't try to play god in this field, we only have control over our system and our actions.

Stop searching for the 'Holy Grail', work on yourself!

What pairs you'r looking at currently?

GamblerPro