Guys, this has been the craziest EURUSD market in years... well, 2008 anyway. I like trends, but these are too unpredictable.

EURUSD

DB isn't magic, but if you can find a good number of days back to measure, you can often time the market's direction change Love EURUSD for this because it has "lived" in an 8000 pip range in it's lifetime... with smaller whipsaws than GBPJPY... So ...

Let's talk Donchian Breakouts

I never gave up a million dollar dream. I am still at the factory, right? PM is fine.

I love Trading

That's fine...

I love Trading

I don't like trading. I do it because it's one of the few ways a small fry in the rat race can break out. But because it isn't guaranteed, it is always dangerous and frankly I don't like the thought of going broke. Gone is the euphoria of "I WILL BE ...

I love Trading

Hate to toot my own horn, but this last post of mine is gold. Combine it with the MM described (and ignoring the bit about double the divisor during drawdown) and you have a clear view of how I position my bets.

My money management (advanced)

Twee---- I speculate that smjones knows him personally. Scott's a nice enough guy - ask him

Jacko's Forex House of Pleasure and Pain

Some things are so blatantly simply, my complicated brain overlooks them. Yes, the money management is okay in it's current form (what I originally described on page 1) But taking it a step further... suppose I have 25K. I think it makes sense to ...

My money management (advanced)

I recently set up a facebook page where all my friends can monitor my trades. After proving, I will run a small hedge fund. Something to consider.

List of Forex Trading Firms

I only speak for myself. I look back over the past 18 years for my strategy. Recently I acquired tic data, so smaller timeframes will be easier to test. Someone like Ronald_Raygun is probably a good person to chime in on this one.

How to validate a strategy

lol Wow.

My money management (advanced)

Well, that was when I was new to Forex. 2006 is when I wrote that thread. Anyway, nobody has to follow this money management. It is my own work, and I simply shared it. Also, suppose I am only putting 25% of my account into this riskier MM? The ...

My money management (advanced)

Well, one other option is to switch to fixed fraction after the account draws down X %. Of course, this way the account will never go to zero. But then you will end up hurting profit potential. To each their own.

My money management (advanced)

Well Cindy, you are entitled to your opinion. I agree with you that fixed fraction (reducing position size after a loss) is a less risky way to manage your capital. However comma. If you have confidence that your strategy will not draw down more ...

My money management (advanced)

Indeed. And then probably multiply it by a factor of 1.5 or higher to account for a maximum drawdown not encountered yet.

My money management (advanced)

I have tic data back to 2000, producing 99% modeling quality on MT4.

EAs under construction II

No. You have to know the maximum drawdown you are expecting. So if you think your strategy will draw down no more than 500 pips before recovering, the lot size is: Highest balance achieved (1000) / 500 / 10 Once the account goes over $1000, then you ...

My money management (advanced)

Looks nice

Code my system please: EUR-USD 2010 61 wins 2 losses 97%

No. You need to reread the first few posts.

My money management (advanced)