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    • Venice replied Oct 25, 2010

      Agreed completely. Martingale is so fun... always a winner until your loosing streak. When playing martingale, I look at it a little different. How many times can I loose in a row and still not blow out the cash flow for the day. I am changing what ...

      EURUSD
    • Venice replied Oct 25, 2010

      True. Then again, that 'just in case' always makes me worry. Sounds like I am no longer in control of the trade. Not that I ever am, but it's nice to feel not at complete mercy to the markets

      EURUSD
    • Venice replied Oct 25, 2010

      Be very careful doing that... all it will take is the price to not come back one time when you expect it too. Scary stuff their! I cooked one of my practice accounts testing that theory lol. Luckily a simple call to customer service can put me right ...

      EURUSD
    • Venice replied Oct 25, 2010

      More often then not, I don't scale in or out. I determine the amount of risk I want to take on the current trade. I buy 3 lots in, 3 lots out etc. Maximum draw down on any 1 trade is 15 pips, including comission... I run a very tight game

      EURUSD
    • Venice replied Oct 25, 2010

      This has been a very trying night for me as it is so far... one thing I hate about the way I trade... is I trade with the flow of price... never know what my targets are. I exit when I feel the current direction is going to reverse. Baby sitting, ...

      EURUSD
    • Venice replied Oct 25, 2010

      right on. I have never become brave enough to leave trades alone once opened... probably a habit coming from trading 1m time frames. The time a trade is open is insane for me too... 15M generates trades anywhere from 10 minutes to 5 hours (average ...

      EURUSD
    • Venice replied Oct 25, 2010

      I don't know how you guys trade the 1 hr, 4 hr charts etc... I'm fallin asleep on the 15m lol... I trade ETF's 1 minute time frames during US market ... a lot different here that's for sure lol.

      EURUSD