Yes great reply and clear. thanks Chips.

Pitbull Trader with Position Building

Thank Chips Do you ever hedge out of a trade at break even? I have found I am able to exit bad trades at just over breakeven (so no banking a loss) I have done this a number of times to practice when it looks like there is a direction change. Or do ...

Pitbull Trader with Position Building

Just found and read your post Nubcake and have to say BRAVO and WELL said..... we get all this sort of crap at pitbull (can't be done, is stupid, wont work, your dumb, personal insults and worse) and its all just a bunch of OPINIONS which are ...

What is your weekly return?

Chips Could you comment on this please One thing I now do also is I have 4 hours charts with daily MM lines to check for significant 8ths S/R lines. Reason: If I am building a position and want to add a trade I check I am not reaching a significant ...

Pitbull Trader with Position Building

Hi Chavro Chips has cleared that. As for me Also it depends on what you would determine as babysitting. I'm at my PC most days (working) so can look at the situation at any point I choose which I find advantageous. But I do work and am not concerned ...

Pitbull Trader with Position Building

Hi Chips Great to see a timely reminder of managing DD. You're spot on about the sameness. My recent closed demo was traded for 17 days out of 30 and I took an average 11 trades per day building positions and the account closed at +64% My new demo ...

Pitbull Trader with Position Building

Hi Been using their demo (UK) for a few months and its been very good. Considering a live micro test account with them based on the experience of the demo. Never ever had a requote. Sometimes execution takes 3 or more seconds but for me I can deal ...

VantageFX - Discussion

Nice lessons The 10% is a constantly moving number but its not a realized loss until and if you close the trade (there are heated debates on FF about realized vs unrealized profits/losses). Once you hit close, its over and realized. As with any ...

Pitbull Trader with Position Building

Numbers from recent demo Closed my Vantage 30 day demo account as follows. 17 days trading over the 30 day demo period. Opened 12/3/12 £5000. Close balance 12/4/12 £8230. Net profit £3230. New 30 day demo account opened today 12/4/12 Vantage Opening ...

Pitbull Trader with Position Building

I wasn't offended, truly. Just clarifying some things so its not read that I propose any method of trading is that "out there." I'm pretty conservative in my approach to all things trading related. There's enough BS out there. :-) The issue with ...

No SL No Leverage Strategy - working so far

Hi Chavro You sucked me back in to this thread. Your right to doubt, I doubt most things said in FX until I test it myself! Now slow down a bit please... wwwooo up there; I have never said anything remotely like your hypothesis in your post. I have ...

No SL No Leverage Strategy - working so far

That in not an accurate fact based statement and has been made up by lillelise. I agree with attila: what works for you works for you. Good luck Nacho but I have done my stint with the numbsculls and choose not to participate any of my energy here ...

No SL No Leverage Strategy - working so far

This is an interesting thread and I participate is this style of trading. We made much headway on the "Pitbull trader with position building" thread which seems to have run its course. Its no surprise you leave as the idiots have run amok trying to ...

No SL No Leverage Strategy - working so far

Yonnie Trade it in what time zones you have and test it.. I don't rely on any opening sessions EU London or NY. I just open the indicator and wait. Patience is the game. Trade only the bottom pair to start and keep lot size small. The method has ...

Pitbull Trader with Position Building

Hi Chips Good to see a post... Interestingly I have been running a new demo with Vantage using Pitbull It’s a new 30 day demo and due to expire on Monday. So far in the 28 days my 5000 demo account stands at £7716 +54.32%. Key points for me are Keep ...

Pitbull Trader with Position Building

Cheers Jason. At least FXCM have someone here.... that's a good thing.

FXCM Discussion

Hi Jason Thanks for the reply, I understand but would say a company the size of FXCM should test a system to death before it goes live (IMHO) as your dealing with peoples money and often emotions! Not seeing it come up could also mean of course ...

FXCM Discussion

Hi Jason So what is invalid price if not a re quote! Cheers CW

FXCM Discussion

Jason Been running a small demo on FXCM new M4 UK... Its says on the site at url no re quotes etc. But there is a tiny red * IE small print... which says Re-quotes occur when a trader makes an order at a specific price, but the order is rejected ...

FXCM Discussion

Yes on micro lots... really still testing. Interestingly I now also use the DD control on my 4 hour system. Apart from everything else on this thread I got this from Chips ... DON'T GIVE money to your broker. Cheers.

Pitbull Trader with Position Building