it also must hurt badly . as example, if you blow a 100$ account but you have 10.000 money to burn on your regular income .. it won't have any effect . but if you blow an account that consumes maybe 50% of the money you can afford to loose .. your ...

How to Become Emotionless

sounds very normal to me. i blow a few accounts myself .. i think its part of the process. thats also the reason why demo accounts not work (on emotional aspects) .. because if you blow them up ... it does not hurt!

How to Become Emotionless

profitable indeed ! once you realise that you are running a 1 man business and not buy lottery tickets out of boredum for anything else .. check this one out: somehow i'm sure alot of peoples wil regornice themeselfs there at some point its ...

Trading forex profitable is impossible!

one could hedge against the loss and close the hedge position at breakeven once the price comes back. but that just postpones cutting loose the original position at some point ... unless you are 1000% sure it comes back.

Trading without stop-losses

i have demo (or even live accounts) i never use at various local Brokers .. they regulary hold seminars to attract customers ... (iam a "almost" customer so i get the spam delivered to my email regulary) this are mainly sales pitches ... (its like ...

No One Should Ever Pay For A Beginner Course

i do listen to podcasts in the car usually .. i'm still doing it .. its true like powertrade say .. a course does cut the learning short by alot .. BUT the course is not what makes a trader and thats the parts where the 95% loosing traders meet the ...

No One Should Ever Pay For A Beginner Course

i take the -2.7% .. as 1 trade can boil that out .. and as stated above, the local Austin Martin store not accept pips

Pips vs. Percentages

thats exactly what i wrote

What is your weekly return?

it apears that lcg.com has .. but they do not offer the software .. (only mobile and webbased)

cTrader Platform Brokers?

1-2.5% depend on smoothness of the market .. (guess thats a psycology thing) ;P

How Much Do You Risk Per Trade?

thats my train of thought too .. more pips require generally more risk (pips) and pips cost money specially if they are blood-red displayed i use cTrader .. the order screen does provide me with exact percentage values .. so i can ajust the lot ...

Pips vs. Percentages

thats exactly my point .. if i risk on every trade the same amount in Percentages .. the only real "gain" i do get is the time as the reward is supposed to be the same anyway. additionally .. a "beginner trader" like me without ivory spoons in the ...

Pips vs. Percentages

that's why Demo's are useless (pretty much) to compare performance between different persons. personaly i think there is no diference if i use the demos not to show off but test new strategies or somethings like that. i use demo accounts to provide ...

What is your weekly return?

demo huh ?? you not trust in your own product ?

Saadscalper EA

there is somethings not right for sure. on a 1000$ deposit with proper Money management, the max loss and max profit must me much higher.. also how would it turn out if the win ration is 1:1 - spread meaning simply setting TP at exact the same as SL ...

Tony's Two Candle trading system

just hedge .. well okay my target today was only 70% of the gap .. and that would be only somethings arround a 1:1.5 Ratio the price dropped far more down .. as expected (= plain luck)

Hedge Large Upswings - Is it advisable?

here is todays Action with each open short i set a buy stop in the same size to hedge it. only 3 hedge orders where filled. initially opened 3 positions they both went into "hedged stoploss" causing 90$ Drawdown before hedge orders where filled on ...

Hedge Large Upswings - Is it advisable?

i think the pitfall is simply timing .. buy/sell hedge positions near Support can lead to expensive misstakes ... i guess i just have to try it out a little more (few months or so) right now i simply place hedge orders (stops) above the resistance ...

Hedge Large Upswings - Is it advisable?