I would suggest that no more than 5% is best and for sure no more than 10% for a draw down. It is easier to recover from a 10% draw down than it is a 25%. You can make up the 10% in a couple of good trades. But you have to over come some emotional ...

What is a reasonable drawdown?

Tech Support Says — If you have this happen again Close the platform... then reopen it... If all you get is the charts press F11 This should openthe windows again Go to Tools...Options...Server. Make sure that the box is check that says Keep ...

MT4 Question

I joined up twitter a couple weeks ago and its great to spread news around and get to know other people with the same Forex interest. I would recommend Twitter and then find some people that share a Forex interest to bounce ideas off of and some ...

Twitter - a great platform for traders?

I like to use the over all trend of the 4 hr. Trade the 1 hr 30 min or 15 min.

Scalpers Go Here

Ken, I might have an answer for you regarding this I actually am working with a programer that is writing some code for my system. I will see If this is something he would like to tackle for me I have been wanting something similar too what you are ...

SMS Price Alerts

I agree we all have been around the block I think the key we often need reminding is that we need to stick to a system and stay in control of the game by becoming good at that one set of indicators we are comfortable with. Keep it simple too. The ...

We're all saying the same thing

Sorry don't have an answer at this time but I will take your advise and read the book. Maybe I will come up with an answer that helps? Thanks again.

van tharp's random entry system

I would love to join in on this thread. Let me at least explain my strategy and with future posts follow thread protocols. I trade the 5 and 15min charts following the tread of the 4 hr. I only look for 5 pips profit I try to go for this at least 4 ...

Intraday Trading - Live!

Good one! Here is an inefficency that i am aware of. Trading the news spikes. There will most often be a retracement in the market after a news spike if the spiek was driven by traders\' sentiment. I gave a detailed post in another thread that I ...

Market Inefficiencies Thread

Does this mean that we are all ants on a log floating down a river?! We are all running as fast as we can not getting any where. LOL Really in all seriousness I AGREE with you, there is alot to say for your comments. I am going to take a few days ...

Just lovely discussion :)

Keeping It In The Black — I would agree with Tdion, Keeping it in the black ia always the ultimate goal. I don't think that there is a magic number or percentage to work for each trader uses different styles of trading and has different pland ...

What is considered a good return on your money?

Great Read — Thank you great read. Trading is not so much about making mone as it is being true to yourself!

CTA e-book on Trading Psychology

Predictability in your trades — Just to make things clear for the newbies. The predicability is based on your indicators and strategy right? No one knows what the pairs will do. We can only learn to read them and guage the direction based on ...

why trade gbp/usd when gbp/chf is more predictable ?

Further Reflection — I thought about this some more. Without getting Sappy and to add to this thread condtructively. I think a good laugh everynow and then is nota bad idea. Lets remember why we are tradin gint he first place. Each of us has s ...

Forex "Shivers"

Golden Egg Laying Geese! — fti I agree whole heartedly that we must put serious blood sweat and tears to buil dour trading ability. Put in the time and due diligence to over come te obstacles. The patience to learn a system completely that we ...

Technical Analysis Fallacy

Golden Egg Laying Geese! — I agree with that I am so suprised to hear how many people are on the quest for the holy grail of trading that they failto really get good at any one thing and fail to trade at all!?!? What ever happened to the ...

Technical Analysis Fallacy

Have you contacted IBFX? — I think IBFX has a customer support chat or phone in system to ask these types of questions. They also offer training on the platform use. Hope this helps

Help a nEwbie!!

Slow down and Learn — I agree with what has been said. Luck is waht oyu have seen so far. I would take some time to learn about how the indicators work on your charting system. IBFX.com offeres free workshops on using the metatrader platform. ...

newbie questsion

Crabs in a bucket — Rabid, Good point. Those who succeed at anything are those that look adversity straight in the eye, smile and move forward with there plans. I would simply caution DO YOUR HOME WORK!

Is forex the best investment?

Learn While You Are Young! — Magnufreakis right take the time while you are in college to study up on the ins and outs of this industry. Practise trade like crazy test theoyies and blow up demo accounts left and right to get a feel for the ...

Is forex the best investment?