great thread btw to the op hmmm how not to go broke in forex? here are MY components 1. listen to yourself and your models 2. ignore media 3. pay attention to the impact of data on interest rates(i drives everything in this world) 4. understand ...

How Not To Go Broke in Forex

its quite simple really.....I use bollinger bands, moving avgs, and macd. Its primarily momentum based, enter position when momentum/PA changes. I will start a long term trade with very small positions in relation to acct size so I can handle a 3 or ...

Why can we not invest long term in Forex?

i have a separate personal account that i trade on a weekly and daily TF. I hold these positions for weeks/months and use up to 300 pip stops( obviously use >3:1 RR)

Why can we not invest long term in Forex?

I only feel guilty when i dont make profit.... If you feel guilty, think of it this way: its either you or the market, the market will take your money until the last penny is gone and not care

Do you feel guilty because of your profits?

yes carlos, you are correct.....keynesian economics is exactly the opposite of what we talk about on this forum. Keynesian way is saying that the private market provides inefficient outcomes and the govt must step in with monetary and fiscal policy ...

Cesarnc's market talk, gossips, rumours & fun

this is outrageous! just because you cant trade forex doesnt mean that the market sucks, it means YOU suck...... the market is correct 100% of the time. Forex is known for its criteria of being the most technical and trendy market. "youll be in a ...

Do you guys find that forex trading sucks?

you wont find keynes there....hes work is worthless

Cesarnc's market talk, gossips, rumours & fun

when you start reading and understanding the school of Austrian Economics, you will see what a farce this entire system is and you will also see why it is failing and why it will inevitably collapse..... here is a site for people, called the Mises ...

Cesarnc's market talk, gossips, rumours & fun

collapse is optimistic.....so is deleveraging. only true economic growth can begin after a period of deflation that proceeds excessive credit created multi-decade bubbles. Sound money and fiscal policy will support real economic growth and ...

Cesarnc's market talk, gossips, rumours & fun

completely incorrect. if you are the one trading, then you need to develop your own strategies tailored to your personality and preferences. i have strategies that i use that have win rates as low as 37% but they are still very successful

Is it true that anyone can succeed using any strategy?

Ron Paul on Leno video

Cesarnc's market talk, gossips, rumours & fun

im always testing and developing new strategies, because the market is constantly changing. You must be adaptable or it will be very difficult to survive in the long run. this is a never ending game. I dont look for alpha anymore because it doesnt ...

Do you continue your search after you have found a profitable strategy?

it all depends on the type of inefficiency that the strategy exploits in the market.

How long should you test a strategy?

I run an algo variation of this system on my desk....I developed it about six months ago, very successful.

EURUSD Session Breakout and Reverse Strategy