Trend identification? By the the time you have identified the trend it is too late!

Here is what you should know: The Consensus!

future A holy grail quest is the last thing you want to be undertaking,believe me.When i say keep it simple i am talking about your entry,exit,stoploss,mm,etc,etc.Imo that is not the hardest part of your future trading endeavours.Your trading ...

Different approaches to trading?

I think your flogging a dead horse with that idea fella!

Forex Tip - Show Patience

Really?Are you sure?I think you need to think carefully about what you just said.

Mind Circus

Lets take that 200 trade sample size.These 200 trades could mean different things to different traders.For example take two traders: Trader A trades off 1 min charts @ ave 10 trades/day. Trader B trades of daily charts @ ave 10 trades/year. Which ...

Mind Circus

Ouch! I suppose i asked for that one.lol.

Mind Circus

buccas 13 Placing market orders on short time frames = maximum stress Placing pending orders on long time frames = minimum stress

Mind Circus

Slow-witted or intelligent? — This quote sums up trading and the learning process nicely! "The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already,but the simplest thing cannot be ...

The life of a trading system on Forex Factory

The problem with giving a human being a system to trade,is that he has this nasty habit of thinking too much.Everybody on ff has had or has still got this problem.Take any old breakout system,their will be plenty of times when your system gives you ...

The life of a trading system on Forex Factory

mister me They were all given the same opportunity,the same rules based system.So why did some turtles make more money than others,and some totally failed?The main reason is because they coudn't or wouldn't stick to the rules.

The life of a trading system on Forex Factory

Don't trust the curve! What has that test got to do with buying 20 day highs on the eur/usd today?Have you bought 20 day highs and sold 20 day lows on eur/usd for the last three years?Did you make money or not?

The life of a trading system on Forex Factory

micmic Sorry for the question,but are you 100% sure the Turtles System doesn't work anymore?Or are you saying that simple breakout or trend trading systems don't work anymore?As far as i am concerned as long as trends continue,by default donchian ...

The life of a trading system on Forex Factory

So would you agree the reason you lost that $2000 that night was because you had put yourself under pressure to achieve your 5% monthly profit target or whatever that may have been?

setting realistic targets

How did you lose $2000 in one night if you don't mind me asking?

setting realistic targets

Morning Trotty Can i get i get one thing straight with you.My opinion on politicians are they are all about as much use as a chocolate tea pot.Tony Blair was just a puppet and Gordon Brown,well where do you start with that idiot(current gold price ...

Is Your Money Safe?

I'm now short @ 448,one of us must be right!

The System III (Oh no!)

Right their with you.We need a break of 423 for a runner.

The System III (Oh no!)

That is the whole point "dodging the bullet".Trading is hard enough,without worrying if the carpet is going to be pulled.Forget about a bucket shop broker going under,the big Wall Street Banks are right in the firing line.Do we know exactly what ...

Is Your Money Safe?

Timevalue So theirs no other large ego's to protect on Wall Street?

Is Your Money Safe?

Hello JohnnyBSmart I remember back in the 70s when Margaret Thatcher came to power in britain,my father(god rest his soul)told me"this woman will bring the country to its knee's".My old man was a left wing union man who would turn in his grave if he ...

Is Your Money Safe?