Thank you for your contribution mran. I appreciate it. There is no correct approach, perfect system or truth in the market Last week I read couple of threads and I must say that some traders have really brilliant ideas which might be missing part of ...

Lose small, win BIG

What is this exercise good for? Black swan is very popular concept nowadays because of Taleb's book. It says about huge impact of very improbable events. Those events usually kills most traders or institutions and as they are immposible to predict ...

Lose small, win BIG

Thank you Fez for your contribution. I think you've opened eyes to many traders. I'd like like to give you last THANK YOU before you leave this thread. I really appreciate your time spent by putting your knowledge among us. I wish you the best of ...

Extracted Thread (per thread starter's request)

Ranges are perfect opportunity to increase your position and keep your risk at the same level. Everytime you are on the top of range you can sell more and move your SL to BE. The same applies to the bottom. Once it will be broke-out up or down you ...

Extracted Thread (per thread starter's request)

GBPUSD short on pre-defined level image SL 69points Notes: Spread might be higher at this time. It was definitely "conflict area", there are many small moves... Got wiped out and price was quite far away from my SL. With higher capital I'll ...

Lose small, win BIG

Let's train. Rule no.1 SL less than 10 pips Rule no.2 move SL to BE as soon as possible. image

SS S/R - super stupid S/R trading experiment

I'm trying to enter on 5min. Is it possible to have smaller SL than 5 pips in mt4? I can put min 5 pips and it is too much with my entry method on 5min... help welcomed

Extracted Thread (per thread starter's request)

Ah, I see your point now.... I totally agree with you. I don't think it is so important to have so tight SL as Fez has. With tight SL it's easier to get high RR but your win rate (let's call it BE rate) is much higher. If you have wider SL and you ...

Extracted Thread (per thread starter's request)

Yeah, it is absolutely out of your control (as every method is). What I wanted to mention is that it's almost immpossible to catch it mathematically. Just for record, I really like maths and statistics but I'd be too afraid to make any conclusion or ...

Extracted Thread (per thread starter's request)

I'd compare it to black swan event. This method allows you to be on the other side of it. You'll be constantly loosing until black swan (huge profit)enters your life. Probability of a such event is low but has a great impact on your total return ...

Extracted Thread (per thread starter's request)

Many thanks for your contribution Fez. I think you told us enough and the rest is on traders. Going to train your approach. Good job mate. Thanks a lot again. Wish you the best of luck!

Extracted Thread (per thread starter's request)

Why mate? Does it matter? Imagine he is looser offering you a great idea. Would you refuse it just because he couldn't manage it well and lost money? Even if he would sell something, knowledge is the most important you can substract from this (or ...

Extracted Thread (per thread starter's request)

Hi Fez, definitely the best thread I've ever read here on FF. The best of luck.

Extracted Thread (per thread starter's request)

Add or remove? I had an interesting discussion with friend of mine. We were discussing politics and official education and many other stuff for hours. He told me an amazing short story from somewhere (no idea where), let me tell you it with my own ...

Money makes money

That's pretty good reason why to trade. Just keep learning and everything gonna be alright

Money makes money

First week (actually two days) of my EA is over. It is too early to be happy or frustrated but time to bring some results and my comments. As this is first week I was really afraid. It made +0.5% what is 5 euro. As I said it is too early to make ...

Money makes money

About mean reversion, why we want to check our positions every day and are afraid of loss. We are often nervous because our positions are in open loss. We are even more afraid when we lose money. Did you know it is not beneficial for you to check ...

Money makes money

Hi shellsnail, subscribed. I like your ideas.

Trading Theory and Practice

Money ant its value lLast days I was thinking a lot about money ant its value. Consider me person who is paid for exchange of time. More time I spend at work, more money I get. It is logical that more time you dedicate to one subject more money you ...

Money makes money

My english is not the best, probably my bad. There are many market makers on forex. They allows you to buy and sell. See this link to investopedia.

Money makes money