For me, the stable datum is the smallest predictable market behaviour. Then, how it relates and interacts on the 4-dimensional grid: time, price, movement (momentum) and direction.

How to resolve a confusion?

He gave a hint... Google did the rest!

Trading for a Living - Cliff Notes

Bundchen?

Trading for a Living - Cliff Notes

45,68% exactly. Assuming you never have a losing streak, are able to trade every day with the same discipline, never make any mistake and either are using a very big account or a nano-lot broker that allows you to micro-compound that 2%... I didn't ...

Trading for a Living - Cliff Notes

Indeed it is possible but... a daily 2% is about 40% monthly (and only $400 on $1000). Independently of if that amount could be enough for a living where you live, how many sequential months could you guarantee a monthly 40% with stable consistency? ...

Trading for a Living - Cliff Notes

Indeed, because it's rate fluctuates proportionally... not in our case as the rate has been kept fixed since before 2006...

Trading for a Living - Cliff Notes

Trading for a living vs. inflation and other costs — You would also need to account for inflation (and other costs) throughout the years. For example, these are the declared figures of Venezuela's inflation and its real percentages (in ...

Trading for a Living - Cliff Notes

I decided that I might try this one as an alternative to the VHands simulator, now I have a question: the PDF document states only STOP orders... doesn't it have also the possibility of adding LIMIT orders?

Forex Simulator/Tester

Same here on opposite side... long biased but short loaded, took the whole week to recover but am now flat with only a 1,1% profit but green at least! Have a great weekened all!

AUD/USD

In fact it's not only timeframes, but using three different kinds of indicators to gauge the three different behaviours of the market.

Triple screen trading

As long as it doesn't lead to an "analysis paralysis" condition, the more you can filter actual market conditions and especially along a multi-timeframe approach, the more accurate your entries and overall decisions will be. But (this for the MTF), ...

Triple screen trading

Being that there are brokers who allow positions as small as $1 value (1 unit), the limit amount is irrelevant. If you are able to make net 20 pips a day, you'll make them on $5, $10, $50, $100, $500 or any amount above. Now, if it's an EA for MT4 ...

$500 Account - Salary + Retirement Plan

LOL ! sure wish I were hahaha! I didn't say the spread was positive (nor is it "negative" as any business imply business costs and paying someone for using his/her services... software, server time, support staff, and a long list of etc.) I just ...

Scalping Verdict

Of course... but if spread is being taken into account on the "cost side", it is also true that when the trade moves (bid to bid or ask to ask) you have to earn the spread back to get to B/E, so it also should be counted on the positive side!

Scalping Verdict

Tal para cual! (birds of a feather)

Scalping Verdict

I absolutely wouldn't recommend scalping as a trading strategy, and especially NOT to newcomers. So, on this particular, you're right. It happens that, for some of us, extra short time spans of a highly focused attention and action are easier to ...

Scalping Verdict

It will depend on the momentum of the move. Now that I use the pending orders and alert system (and IF I am in the right direction) it will often last less than one minute on a high volatility session, more like 2-5 minutes on medium volatility for ...

Scalping Verdict

I'll answer in bold to keep your whole text in line. Your profits range from 3 - 15 pips, with an average profit of 7.15 pips. On this particular 20 trade sample. That, in no way matches what you said on the other thread and confirmed earlier in ...

Scalping Verdict

I am sorry to disappoint you but this is the usual real situation I work with when I have assessed correctly the prevailing medium trend (M30). As I said before, I don't use fixed stops, and manage the positions according to the maximum risk allowed ...

Scalping Verdict

Here I come again with my boring minutious calculations... Let's assume you have a $6000 equity and use 1:66/1 true leverage You set a short position on EURUSD entering at 1.4000 with TP at 1.3900 for a 100 pip profit target. Here would be a sample ...

Scalping Verdict