Go to any forum, and talks about indicators take up about 99% of the board. Go to any bookstore, and 80% of it is indicators, and 19% of it is trading psychology or get rich quick schemes. Nobody talks about MM, because that's where the REAL secret ...

Money Management

Summary from my book http://www.forexfactory.com/forexforum/showthread.php?t=6222&page=2 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ So let me just give you the pictorial summary of this chapter.. This is the life that's waiting for you when you AVERAGE ...

increasing size on a winning position

Mr. Trend, you are SPOILING my book!! I haven't gotten to the secret sauce part yet!! I gave an arbitrary number of 20-30 pips; it doesn't matter; what matters is what are your rules? Group A) I assume I am right until the market tells me ...

Increasing size on a loosing position

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Increasing size on a loosing position

BTW, when you show a loss and you enter a position again, you are being a contrarian.. and a contrarian simply is a top and bottom picker. You not only are fairly certain that your stop won't hit, you are so certain that you've doubled down on it, ...

Increasing size on a loosing position

dof, Because, someone wise beyond my years has told me; I ASSUME I am incorrect until the market proves me correct. I exit because I was wrong, not because it has hit my stop. I exit because it hasn't gone my way. So if I'm in at 0.5 lots, and I put ...

Increasing size on a loosing position

No, the British Pound will not go to zero. But if you take a look, at some point in time, the USD was bigger than the EUR.. And apologies if your pockets are deeper than mine; but at some point in time, you cannot fade all you want, because it ...

Increasing size on a loosing position

"Unpimp" your chart — There's a bunch of VW GTI commercials about "Unpimping your Ride". video video video That's exactly what I recommend for most of the newbie traders.. So, I'm chatting with one guy online, and he goes, ...

"A Tale of Two Blinks"

300% vs 30% — Question: How do you lose 50% of your investments overnight? Answer: Have all your stocks in airline companies and then have 2 planes crash into two really tall buildings. I will tell you an ugly tale, and it is uglier yet ...

"A Tale of Two Blinks"

http://www.forexfactory.com/forexforum/showpost.php?p=76413&postcount=17 I present obviously a very different view on this.. I also provide "sound math" to back up what I am saying. Take it or leave it. I don't think Akuma presents a fair view of ...

Increasing size on a loosing position

Averaging UP vs Averaging DOWN — There are those who like to listen to bad rap; and those who like to listen to death metal. I value my ear drums so I don't. But as a libertarian, hey, to each their own. So on the subject of "pain" and more ...

"A Tale of Two Blinks"

Bemac, If you take a look at the replies I give, when someone says something like "I've read everything and still don't understand, can you explain a bit more?" I GLADLY help. Hey, I was that guy, and in some ways, am still that guy. In explaining ...

The Hat Trading Method

Here's the problem. Let's say there is a good thread, we'll call it Thread A. Now let's say thread A gets 3000 stupid questions. And 20 good responses. I'm sorry, I don't have the time nor the energy to sift through all that. "Do you have that for ...

The Hat Trading Method

Here's some free advice. You will die a horrible death if you increase a losing position. Averaging down is the WORST strategy. Type "martingale" into google.

Increasing size on a loosing position

Cobra, I use to agree with you.. Use to. QUESTION: If someone posts a question, and it is answered 4 times in the same thread, is a a stupid question? Yes, I asked for it, I wanted intelligent feedback and conversation.

HAT Trading method

Jason, First, I wasn't singling you out at all. Second,if you were me, what would you do? I can: A) Spend time on a private forum with a bunch of geniuses who are way smarter than I am and I can learn from.. B) Throw something onto FF, get no ...

HAT Trading method

Actually, I realize "some" appreciate my efforts; and the efforts of others. I also realize that others are here simply to leech and contribute nothing. I PM quite a bit, those who give intelligent feedback, and I try to ignore the freeloaders that ...

HAT Trading method