anything less than 3 years is a newbie IMO - dont get me wrong, getting close to two years is good cos about 80% dont get there - but of those who do less than 10% make it to 5 years. so yes, he's a newbie. still an awful lot to learn. as have I, ...

Soultrader's Clinic :)

forget it, just found out im arguing with a newbie lol why is it someone with much less experience feels they have to tell the more experienced that they are wrong??? always happens. ok, i give in, you're right. think i'll change my signature line.

Soultrader's Clinic :)

I'm not poking a stick at you - im encoraging sound money management principles - you are the one assuming that I dont use sound money management or that i endorse 'betting the farm' is it just me? - can anyone else understand what i'm saying here ...

Soultrader's Clinic :)

give me a break. this is a zero sum game you know - the money you make comes most likely out of newbies pockets. newbies are liquidity providers bring em on is what I say. some will make it to where you and I are - thousands will not. sorry if ...

Soultrader's Clinic :)

Yes I agree about newbies - but you may remember in my first post i did ask for questions from people with at least two years in the game. Also though I think you may be confusing the newbies as being stupid and just because i say something they ...

Soultrader's Clinic :)

Hi Seekinglight, thanks for joining in wow, this is getting some feedback isnt it Of course you can never eliminate risk, and you can never know if you are one trade away from 500 losers in a row. And you're right about my thoughts on backtests, ...

Soultrader's Clinic :)

Hi Peter, not sure i understand your post. I trade lower risk today as it's a different system - the risk matches the system i now trade which has multiple trades with greater risk wheras before it matched the system i used to trade which had very ...

Soultrader's Clinic :)

As i said - it's what fits in with your system or comfort level but as a hard and fast rule it's so subjective. as for the psychology that's a different matter - what you are saying is that you should use the 2% rule because you dont know or dont ...

Soultrader's Clinic :)

image behof image Member Member Since Feb 2006 Posts: 112 image Some personal thoughts on money managment Hi Soultrader ! It's very interesting following your posts in this thread. How did you manage your risk in your private and your ...

Soultrader's Clinic :)

lol, it's not a fight Phil, just that there are different degrees of automation apart from the rather blinkered view you hold. as for backtesting, well the past does not equal the future. i used to be an avid backtester - no longer, most backtesting ...

Automated Trading

the strategy i use is automated - it enters auto, exits auto manages auto and resets itself auto. the discretion is in which pairs i put it on and when i dont put it on in this sense then do your automated experts run on every pair? including silver ...

Automated Trading

Disagree Phil - Hi by the way, i can remember seeing your name years ago when i used xtick nice to see you are still around. OK, so in argument tell me this - how do you programme an expert to know that it's not wise to trade CAD when it's at ...

Automated Trading

image Wolf. image Member Member Since Oct 2006 Posts: 150 image Psychological effect of trading larger lots. HI Soultrader, Nice to see you here. Followed you posts on Moneytech until you’d had enough and listened to you talk in various ...

Soultrader's Clinic :)

Mine is the same - I have an EA which makes good money - when I tell it what pair to trade and on what timeframe. I call it the cyborg, half man half machine. why have a 1000 line code for a dumb computer when you can add a few billion lines of code ...

Automated Trading

this one can be used as a starting point for ya

MT4 Automatic Trendlines Indicator

ianf0ster image Member Member Since Jan 2007 Posts: 52 image Questions - but not sure I qualify Hi ST, I would like to ask a few questions, but I don't know if I qualify. I have invested in shares since 1993 - i.e fundemental based buy and hold. ...

Soultrader's Clinic :)

if you are starting off scalping, dont bother - just send me your money now and save the heartache

Here I come.. :)

actually, my conversations with brokers have identified that 95% losers is actually a conservative estimate, it's more like 97-98% according to them. One broker told me out of the 9000+ clients they had that there were about 20 people who made money ...

Is trading a competition, battle or war?

here's a very interesting article ive found. of course i would find one like this - i'll now go and see if i can find one with the opposite view for a balanced perspective. url

Is trading a competition, battle or war?

I can show you a man who made 2.5 million on roulette my friend by using a system over 2 years - absolute truth i tell you. - just as the horse racing pundits make money and just as many blackjack players make money - all are gamblers and all ...

Is trading a competition, battle or war?