I blew a few trading accounts five years ago trading on Martingale. Did I learn my lesson? Not on your life. In fact, I nearly blew another account early this year but now I have learnt to never touch Martingale with a long pole.

What Would You Do Differently Today for Better Trading Results?

Tudor, you make the call, it's your money. Trade safe. KP

EURUSD

Cvds, long time. What's up mate?

What Would You Do Differently Today for Better Trading Results?

Trading with sl gives confidence in your trading and forces you to become a better trader if you manage your trading capital well. Imho hedging makes you money but it doesn't help you build a profitable trading edge.

EURUSD

Just hoping. Tudor, you don't trade on hope.

EURUSD

Do you hedge? What about using Martingale? Share your opinion on either or your experience using them.

What Would You Do Differently Today for Better Trading Results?

Imho, hedging is a defeatist strategy. When you set your reasonable/affordable sl and get hit, you have another opportunity to reassess/stalk the market for better positioning and trade.

EURUSD

Good point.

EURUSD

Spartan, I have met a few FF members with the same style; and you know what? They rock. Green pips to you.

Cable Update (GBPUSD)

Count me in.

EURUSD

My style, dean. Life is more than FX trading.

Cable Update (GBPUSD)

Successful FX trading should give the trader a good life balance; but a somewhat endless trading regime/mode is, imho, ultimately self-destructive. KP

Success Guaranteed - Simply Trade Better

Ever wondered why some FX traders feel the need to always trade - even when their bodies are aching or they are endangering their health? Imho, successful FX trading should give a good life balance; but a somewhat endless trading regime/mode is, in ...

What Would You Do Differently Today for Better Trading Results?

For me, I wonder why many FX traders feel they need to trade always, even when their bodies are aching or they are endangering their health.

Cable Update (GBPUSD)

The hard part, really, is the preparation and being disciplined in trading.

Trap the Market

Trading can be made easy by long, adequate and focused preparation. All you need is to be disciplined in executing what you came up with during your preparation. Put simply: the key is solid preparation and disciplined execution.

Trap the Market

Nuggets: 'Don’t focus on making money, focus on protecting what you have.' - Paul Tudor Jones, a market wizard

Trap the Market

Thanks mate. Functional system well mastered and executed with discipline to build a profitable trading edge.

Cable Update (GBPUSD)

Thanks Gepp, not new to FX trading. Been trading since 2011 with live accounts. I call myself 'newbie' for the heck of the discussion and because any trader that becomes a member of FF recently is seen by the 'senior guys/gals' as newbie. No hurts. ...

Cable Update (GBPUSD)

Hippie, imho what a newbie, including me, needs is really to build discipline into his/her trading. There are thousands of ways to trade and system hopping is not advisable but getting and developing a functional system which the trader has mastered ...

Cable Update (GBPUSD)