Keep listening to the wise words from the Magic Man Thanks, Nader

The quest to be a Millionaire

The only thing that I can say about this pair is that it is CRAZY..lol... Thanks, Nader

Lets talk USDCAD

When you say you are trying to use only 6% of your balance on each trade, you mean that you are risking 6% of your 100k balance on every trade, that's the max amount you can afford to lose in this particular trade?? Or you mean you put tie up only ...

Money Management, Please help.

Salam I totally agree, we can't predict the future, but you are talking about a totally different case in here. In trading, why should I position myself to just bear or withstand just 1 unpredictable (Low Chance) event??? I assume that we all ...

uncommon? 51 trades I never lost

You need to consider compounding man, that is as your equity grows, your lot size is going to grow and so will your profits (And losses as well). You might need to adjust the lot size being traded every 3 months or so. Whatever. Thanks, Nader

The quest to be a Millionaire

My opinion, very low chances, but with excessive and huge one time impact. Having low chances does not mean that it won't happen, it just means that it is having a low probability of happening, yet the unpredictable can happen. The market keeps ...

uncommon? 51 trades I never lost

Ya I think you are right, the EUR/USD is the most heavily traded instrument in the world. GOD, I think I will have to go live in the US or Eurpoe Thanks, Nader

EURUSD

What 10 or 11 points by me??? I think you are talking about FT, not me... Thanks, Nader

Working together as a team

Hey Dial, what if I have the book and don't have the table??? Where can I get one??? Thanks, Nader

uncommon? 51 trades I never lost

I don't have a notebook, so I don't think that I would be of any help regarding connect cards and so. I am using a normal ADSL home connection. If you want to rate the reliability of the ADSL connection, you will need to consider the following ...

BroadBand Internet Connection for FX Trading?

That's for sure a good right step towards continous success, and not just temp one Thanks, Nader

uncommon? 51 trades I never lost

I think the Journals Forum will act as a team trading forum informaly. Apparently, every thread there will be started by a leader (Or already have been started by one), and only those who are interested to join in and follow will check out and ...

Working together as a team

It depends. Are you willing to see your position in the red for 4-6 months for example before getting back to green, if ever??? Suppose that you were bullish over the Euro in late 2004 and bought with low leverage using the "Buy & Hold" strategy at ...

Trading without stop loss?

Wish you had a great trading anyway Thanks, Nader

uncommon? 51 trades I never lost

I would better suggest what FT said in his post, just beware of the wild spikes. If you can't cut your losses shortly and quickly or don't have a plan to, you can wipe hundreds of winning trades in just 1 losing trade in which the market spiked the ...

uncommon? 51 trades I never lost

That's what I suggest too, but we will never know the future unless it's actually revealed I suggest the congestion because of the recent price action. If we got a downtrend, the probability that it will be BIG is very large, and we will probably ...

EURUSD

Daily Chart... — First chart from to post over here Thanks, Nader

EURUSD

GCI...lol Thanks, Nader

All withdrawals from Refco FX "frozen"

I would rather call it the "Jurassic Park" Thanks, Nader

Rules of the jungle for Newbies

That's exactly what I was referring to. A complete mechanical system having all the components of trading will fail if the crowd follows it. This crowd will eventually turn into the 90% and the smart guys who will understand the price action will ...

Why traders don't disclose their methods