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Different strokes for different folks

some people favor the fast paced environment of daytrading, but others favor the slow tempo of position/swing trading.

I am unsure what the point of...

Daytrading only suggests that you open/close place in precisely the exact same day. You can catch digit profits with daytrading if you're good enough, spread/noise shouldn't matter.

What I...

I trade every frequent pair between ibfx and oanda...

But keeping everything the same, account fairness, 2% risk, etc.. Pips does separate the traders. If you've got 10,000 account versus somebody with 100 you are going to be deceived thinking the...

Basically the number of pips you've earned in a single trade from the time you opened the place to the time you shut it

I actually know somebody who closed a current GBPUSD long for about 1100 pips..but he shall remain nameless..hehe

Well well well. . I see we're on precisely the same trade. .
Lets pray to god forex that this transaction will reach the heavens. .
amen

I agree that pips do not tell the entire story. But mr. pips is my friend and I love him anyhow

You should read Alexander Elder'Trading for a living'.

Inside there's a part that clarifies past'professionals' who brought new techniques in trading. The matter is, it worked because the...

dude know candlesticks..it's everything you Want

Dismissing the 1/2 risk reward ratio is a flawed argument. Trading in forex is very different than playing roulette or playing lotto. The odds of winning is small with gambling.

But from...

You gotwhen using b/e ta use common sense. If price has pierced several important s/r's on its way for your tp, and it is just hovering near it, you might want to put your b/e cease on. Because...

I only thought about getting rid out of my own trading of the b/e stop. I am noticing I to be removed with noise. I am finding that It's More profitable to let transactions hit my TP

but on a serious note. . .days like those that make me ponder how some traders exchange without s/l.

It's scary to think that even though you might be profitable and transaction minus the...

lol!

I always take off that 2% for each and every position open, and work with that subtracted equity. But in case you've got several trades which are ready to open, I would rate them (1-5 for instance )...

well I wasn't actually referrrin to anyone. I just observe that a lot of people on journals seem to have one place for every single trade. Wouldn't it be wonderful to have several places to...

Why not read'Trading'.

You don't require a system using a 60% success rate to be successful. That's all trading fantasy to hype up the newbies.

The truth is....any system works! The...

1 Attachment(s) Yea it's a severe article you mad bastard! What if I do. . I'm waiting. .

Still don't know why you cant just put a little bit of live cash. What's the point of the demo? Put in $50 dollars man. At if00-2000 you can get something out of the rather than only inflated ego.

I kind of want to see it too..see how far you can take this doubling. 1:1000 leverage..god damn!

Why not simply set somehting in there instead of trading imitation money. .

You do not have $50 dollars to install that?

It is funny to watch people repying to older ass threads..the fuck you guys believe? He's gonna come back after 10 decades and say

THANK YOU!??!? I have been waiting for 10 years to get...

No, but basically I only added on the method that he presented at the book which falls under the egory of trend after mean reversion technique.

This basically a procedure to exchange at a...

Here's a newbie response to your newbie question. I think you need more studying and training before you deposit real money. No offense, but you need to get the fundamentals down packaged prior to...