The way I do it.. Is different then most others.. I calculate from the entry of a position its "range" Highest Point and Lowest Point.. If a Position is Long then lowest point is Draw Down and Highest Point is Possible Profit.. And Vice Versa if its ...

I've figured out why so many people lose money in Forex

Alright, I'll bite. I'll tackle this in 2 parts.. First my experience with futures is limited, but I've tried it. Lets start with commission.. If I traded Futures like I trade Forex cost would be astronomical the difference.. I pay about $3 and ...

I've figured out why so many people lose money in Forex

Well theoretically true, but if we were to form a hypothesis and test it, I think the results could be a mixed bag. Statistically slim, but the possibility does lay there if we were to get very accurately technical, about the long term variables at ...

I've figured out why so many people lose money in Forex

I'll also say this.. when playing forex as a retail investor you are "bound" to play by the rules, you have no control of the game at play. That doesn't mean you can't be a creative player. You can start by identifying your opponents. (Something ...

I've figured out why so many people lose money in Forex

The problem with the logic that is so false, is that even the highest commission in forex is still the lowest out of all the markets, because there is no "one way trip" in forex you pay ONCE. 2ndly most brokers offer a compromise lower spread and ...

I've figured out why so many people lose money in Forex

Markets are shifting more turbulence ahead. Never become to complacent in a range, cause once a shift happens the tides are up and down and all around. The million dollar question now is.. How low can it go, and whats the next play. another ...

Tim's £500 marathon. Goal £1 million

Wanted to put some closure, I am closing my Eur/Jpy trade It is currently at 133.08 as I am typing.. I've been holding it since.. What date did I post this.. Whenever I posted this (Feb 27th 12 pm Est time).. and will take more then 100 pips profit ...

I've figured out why so many people lose money in Forex

I'll toss in my 2 cents.. and say that maybe 20 pips is a comfort zone.. if you feel you are taking 20 pips more then you are losing and walking forward then its a level you are comfortable with, looking at the market and always wondering if their ...

Letting winners run

I was just thinking today.. what if more people were successful in Forex. What would this forums be like? How would things be like in general? Would Forex have more or less money to go around as more people would be drinking from the well? Would ...

Experience as a trader

I find it funny how people, want value to consist of telling them everything on how to be profitable with step by step instructions. If they don't find that, then it means there is no value. Every trader has to find his own bearings, and trying to ...

Tim's £500 marathon. Goal £1 million

So I was just thinking, things been sorta quite from Greece since they reached the 4 month agreement.. Euro kind of sank on the fact that QE is coming next week, like offically. Otherwise there is a quite in the markets no dramatics. Markets have ...

Experience as a trader

nice grab and run.

Tim's £500 marathon. Goal £1 million

The Once I see that I know off that is in the image are.. Average True Range, Average Directional Index, Ichmoku (if I'm spelling that one right). Standard Deviation. Moving Averages, and Average Direction. Not sure AO and AC. There is another ...

Tim's £500 marathon. Goal £1 million