ahh, a nice one to get my teeth into. A very good question - and in reality one o the hardest things to do consistently. I havent yet managed to get this right and it's an area I want to concentrate on also so i'm deffo interested in hearing from ...

Soultrader's Clinic :)

have you done? still havent seen hide nor hair of a successful verteran 5 min FOREX trader with 10 months out of 12 profitable - WITH PROOF. does one exist?

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I look at it this way. In a trade on longer tf's, I would take say 400 pips - im an average professional trader on the shorter timeframes a really good trader might also take 400 pips. the difference is that I pay 3 pips spread and the shorter one ...

Soultrader's Clinic :)

there is a massive difference Jody and italian between lower and upper timeframes - the main one being profitability

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nahh - just trade the way it's going - much better than guessing when its going to turn.

How can l determine the real trend on a longer time frame

one comment.. Thanks for paying my phone bill

1000 to 150 in 2 weeks..

Nice one Phil. I used to find it hard to hold anything over 100 pips - it's incredibly difficult to sit through a strong retrace when you're well into the positive, particularly if youve been used to trading lower timeframes or have had a bad run - ...

The trend is your friend

all excellent replies. the stories above seem to say to me that as said before there are a FEW who can make it on the lower timeframe charts - they are the exception that proves the rule. Also, with respect italiansharp, the subject was newbies vs ...

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Hi Italiansharp, thanks for the post. As said earlier - All of my comments refer to the Forex market. When I traded the DJIA I also did 5 minute trading, but it's a different ball game entirely to Forex as i'm sure you agree. and 5 min traders that ...

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sorry, now you know i can't count either!

NFP Sweepstakes

yes, eurusd by miles and miles - hence why it doesn't move as fast. as a general rule of thumb this is a general example why ... if you have 10,000 players in cable today then to make a significant shift up and a run you need say 5200 going long. by ...

Liquidity - Question on trading BIG lots

and the winner is image de123 image Senior Member Member Since Sep 2006 Posts: 1,280 image +112 vs -12... keys are in the post

NFP Sweepstakes

Thanks for the comments folks as to the last two post I agree, there are always exceptions and the list was meant as a generalisation. Traders who make money year in year out on low timeframes (esp 5 min) are like rocking horse shit - you cant find ...

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never mind the rhetoric pluto - just make a guess can't believe how many have read this post and not guesses - c'mon - it's only a bit of fun, we aint gonna hold you to it.

NFP Sweepstakes

brilliant!

Ode to Trichet

all good answers. the key - let the winners run. you are effectively cutting the winner short by closing the partial.

Money Management Question

not sure I agree with this - i'm nearly always in the market - but then i trade any pair going - i can go for weeks without a trade in any single pair - but generally there is always at least one in. No, im not the fake soultrader from the ...

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ok, i just deleted the thing and i'm going to have to try and remember them. but this is written with a smile this time rather than a frown - we will discuss the MM thing when i feel better. bear in mind that the reason I know all these things is ...

Soultrader's Clinic :)

12 ways to spot a newbie — post withdrawn - acting like an asshole, sorry. i have a bad ear infection, am drugged up to the eyes, sugar is out of control and i dont know what im doing!! Phil, greatest respect for you, i know youve been around ...

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