I have been trading for a good number of years and the myth that SL's are hunted is rubbish. Yes there are areas of the market were there will be a greater number of orders/SLs and limits and there will always be the person who refuses to use a SL ...

zero number game zeroing me out!

Greg, its good to see you back. I figure the quiet period of the thread was you enjoying your summer. New traders can learn alot, I know I have and still do at the discipline to trading that you have. All too common today it is traders over trading, ...

My GBPJPY trade journal

I like Xtrades run down. It is important to be able to separate yourself from the market until such a time comes that you need to be there. So often we are sitting there waiting for the market to do something that we end up acting up a non signal ...

how do you improve patience

This would be 1 of those months were rediculous gains could be made if you employee a high risk start point (large position size based on a factor of tight SL and larger capital exposure). Considering some markets have fallen or gain 800 pips, being ...

Is a return of 4500% possible? Alpari contest.. (Brainstorming)

Yes possible however look at the monthly winners of these contests and then look for their names the next month. I am not overly familiar with the contest layout but it would be very very unlikely that they would back up these results month after ...

Is a return of 4500% possible? Alpari contest.. (Brainstorming)

Is there a point — Not sure what the point of the thread is but if its a scrap heap then surely the Thread starter should have at least a few dozen. Sure they didnt gather a huge following but over 200 threads. People who live in stone houses ...

The Scrap Heap

I guess the question is What value can you put on it when it becomes the preferred method of payment, when fiat currency becomes worthless (as a matter of exchanging goods) and gold is impossible to have. I am considering (seriously) heading to the ...

Bye Bye to GOLD and SILVER?

Congratulations — To those who have had a light turn on. No indicator will, as a stand alone feature, provide you with a long term edge. In fact there is nothing in trading that by its own will give you long term success. Price action is ...

Fibonacci Indicator? Is it a big Joke?

Dont shoot me if I am wrong — Ok interest rates make the world go round. Put simply if Bank A is offering 2% interest p/annum and Bank B is offering 3%, provided all the fees are the same, where would you put your money. Likewise for the ...

Noob question: How do interest rates affect currency rates?

On that note, RBS uses the same platform as Oanda but offers a great variety of commodities and other tradable options. Spreads are not quite as good but that will hit hardest if your a scalper or intraday looking for tighter profits. If your ...

Which is the safest broker in relation to the bank they keep they're accounts with

Far go mate, He is in the rookie forum not the strat or interactive forum and at the end of the day he can do as he pleases. If he steps outside the boundaries he will be dealt with my the mods. He mentioned in the first post when it was ready it ...

Micro lots making Money Look at the Back tests

When you can put the money aside, that means your not out looking for this amount today and tomorrow, and just trade with a few well planned entry methods then you will find it start coming too you. Too often, if fact far to often there are people ...

AMAZING Strategy!!!

Just ignore them, there still too busy with their heads up their arses looking for the holy grail and venting because others are enjoying riches thanks to Merlin. Let them vent, there would be more of an uproar if Twee and Co binned this (plus ...

AMAZING Strategy!!!

How can you have profit focus before risk. Your initial setup is a measurement of risk which caters for the risk on account (how much you are putting up) and then position size which is the former / your SL position. Only after that can you think of ...

anyone here make 20 pips a day...

Exactly reasons why I consider you a legend around here.

anyone here make 20 pips a day...

Why just 20 pips per day? The trading mindset needs to be broader than that. There will be some days where you do extremely well, others you come out BE or there abouts and others where you take a hit on the chin. IMO it is how you handle and move ...

anyone here make 20 pips a day...

There is no long term future for averaging down. At some point you will hit the run that gives you a margin call. If you have ever done testing over a 10 year period you will always find retracements that exceed the wildest dreams and travel that ...

Are they any successful day trader 5min chart?

from a technical standpoint a candle pattern on 1 timeframe means exactly the same as on another. Pin Bar, Outside/inside bars ect have the same bearing over all timeframes and the risk rewards are the similiar (usually better if you get the right ...

Are they any successful day trader 5min chart?

Why would it matter, at the end of the day both orders are in play once price comes to execute the order. I must be missing something here because I am not sure where your going with it. It wont matter which one is in first once the price hits the ...

How do these factors affect stop-order execution?