Hi Dave, I 100% agree with your statement below. I have to admit that i tried hedging many moons ago in my rookie years but found that at the end of the day whether hedged or not it all came down to making a 'DECISION'.Hedging is not the edge its a ...

Important – Why systems are profitable (or not)

Absolutely dt. Provided your method makes money overall CateFul,it doesnt matter how you skin your cat.Couldn't agree more.

Averaging when already In the RED....

CateFul, Simply,what dt is saying is that just because your losing doesn't mean you've lost(you only lose when your stopped out).Therefore,if you haven't lost,placing another position is only giving you an average position closer to current prices ...

Averaging when already In the RED....

If you always do what you have always done,you'll always get what you have always got.

Advice Only. 1 Liners Concise.

No worries Geoff.Pleasure mate. I think your in fairly safe hands,you shouldnt get too much grief.They have been around for quite some time.Well,if @#&* does hit the fan you won't be alone lol I found out a few days ago that they are running the ...

Australians using Oanda?

OANDA feedback — Hi Geoffrod, I am based in Sydney and have been using OANDA for a few years now and have never had any issues with them. I have a small amount of capital with them and trade small volumes. I only trade off the longer charts so ...

Australians using Oanda?

Yes,it would be completely untrue in terms of scientific method. However,dt and i were discussing market laws. The scientific method works best in situations where one can isolate the phenomenon of interest, by eliminating or accounting for ...

We're all saying the same thing

Hi dt, I would have said theories myself. But on researching,i found that theories are just 'unproved' assumptions. It looks like we were both headed down the same road. I never much liked the word assume.It can get you in all sorts of ...

We're all saying the same thing

LOL,good one Rabid. Thats the thing Rabid,i have managed my risk well(almost mitigated it completely) by running the lawn mower on solar energy.

We're all saying the same thing

Agreed. Instead of saying:"I believe in trading trends and its the ONLY way to make money",i should have said:"I believe in trading trends and through experience its the only way i have found to make money thats practical for me". My bad.I should ...

We're all saying the same thing

So dt,if i have understood you correctly law=occurrences. Thanks for clearing that up. Law on assumptions?Not too sure about that. Interesting though,if the sun came up yesterday,the day before,and the previous millions of years before that.Given ...

We're all saying the same thing

LOL.Gaston,this was a poor attempt on my behalf at a google joke.My bad. If i am successful,why would i need countless other ways? If it ain't broke then don't fix it.If/When things change,then i will adapt to this change. According to tdion there ...

We're all saying the same thing

'market laws' or laws we ourselves make about the market? — Are these laws you talk about laws we make about the market or are these laws 'market laws'.Laws everyone knows.Laws displayed in all their glory out in plain sight. For example:thou ...

We're all saying the same thing

Here's a question: If i gave you a system/strategy that made 100% ROI every year,could you make the same returns using this very same system/strategy? Answer: Yes.....if you BELIEVE in the system/strategy and the rules that founded it. However,if ...

We're all saying the same thing

Not to worry Interceptor,we all make mistakes.That's part of life. Just don't repeat the same mistake twice and you'll progress. I read a thread a little while back that stuck in my mind and I'm sure twoblink won't mind me sharing.Its the ...

Averaging Down

Mohammad,you can open up the platform from a shortcut on your desktop,which allows the platform to be opened without the 'baby' window opening. Just go to the login page for OANDA FXtrade and you will notice towards the right hand side of this page ...

Please help me choose between these 4 brokers...

@tdion. Mate,your a dreamer. Oh, by the way,your avatar is annoying....

The DIBS Method... No Free Lunch continues

@Mets. No worries buddy.Exactly,Pete trades naked and free lol. Yeah,with OANDA buy entries are small triangles(blue for long,orange for short).If you place a limit order they will be displayed as small squares(blue for a long limit,orange for a ...

The DIBS Method... No Free Lunch continues

Hi Mets. Thats what i thought.There would be no way you would pick up on that if you haven't used OANDA's platform,thats what was knid of funny.lol I think the small lines may be profit targets(key price zones) that Pete has set,not 100% sure ...

The DIBS Method... No Free Lunch continues

@Mets. Hows things? 100% agreed.Excellent point.He identifies this as the difference between having average gains and exceptional gains.The difference between an average trader and a professional. On OANDA's platform that weird red line lol,is a ...

The DIBS Method... No Free Lunch continues