just use this strategy for one night and you will see what i mean!

AMAZING Strategy!!!

well, it has a 99.9% win ratio so if you need to stay up all night it should be worth it

AMAZING Strategy!!!

try doing a search on "brokers", we have thrown around a few opinions here

Best Brokers ???

take a look at the EURUSD on June 4th at 8:30AM EST and you will see how "straddle trades" can get you in trouble.

Trading ahead of announcements

yes i use them in most of my strategies. there are three main ways i exit a trade... 1. Stop Loss (usually set to 2x AverageTrueRange) 2. Trailing Stop (usually set to 3 or 4x AverageTrueRange) 3. Low Bar Exit (exit when price is the lowest low in X ...

Mini-accounts with trailing stop

im working on it Doc!!

beginner advice please

welcome to the wild world of Forex! as with anything worthwhile, it will take you some time to master the art of trading. my advice to complete beginners remains to read as many books as possible on the subject. this is going to sound like a quote ...

beginner advice please

on Gain's platform, all you do is enter a trailing stop order, and it will follow your open position. its really easy. go download their demo platform and you will see...

Mini-accounts with trailing stop

if you really want the answer to this question, read Market Wizards. when i first started trading, this question was burning me up. it wasnt until i read Market Wizards that i realized trading is indeed a viable road to riches.

is it a game or job?anyone makes his living by forex?

i would think that would be a good thing if everyone traded the same system because we could move the market. but timing and synchronization would be a problem and we would probably end up stepping on each others toes.

What would be the outcome if this happened?

gain capital http://www.gaincapital.com just released trailing stops, however they do not offer mini contracts.

Mini-accounts with trailing stop

here are a few places you can read about Risk Management further... 1. Van Tharps TYWTFF: he has a chapter devoted to Position Sizing, the art of limiting your risk by calculating the number of lots you should trade. 2. The Original Turtle Trader: ...

Risk Management

as posted by Paul Y. Shimada — VDeluca's got it! If you set your stops and let them limit your losses, the risk limit is set by the maximum allowed losses, not by the entry amount. However, there are several aspects that confound this ...

Risk Management

as posted by Paul Y. Shimada — The basic problem with the system as described by VDeluca is the proposal's poor Money Management. The system assumes beginning with $10,000 equity and then each entry enters with one full lot, nominally, $1,000. ...

Risk Management

Paul, that is a great suggestion. risk management is a little understood facet of trading, but one that requires a mature trader to understand. paul, i am impressed with your ability to articulate these ideas...i usually refer people to books i have ...

27/23 System for USD/CHF --$10,000 to $1,100,000 in 2 years?

velduca: this is a common misconception. not only do brokers quote different prices, but they shift their spread in the direction the currency pair is moving as well!!! they use some kind of momentum algorithm, and it helps their bottom line ...

Broker's Feed Manipulation???

so for every trade you have a 50 pip stop loss, yet your profit target for the week is only 50 pips??!?! i hope i am misunderstanding something here the risk-to-reward on each trade would be something like 5:1. in general, a good strategy will ...

27/23 System for USD/CHF --$10,000 to $1,100,000 in 2 years?

Paul, you sound like you got this forex thing down pat. how long have you been trading?

27/23 System for USD/CHF --$10,000 to $1,100,000 in 2 years?