I didn't say you hold positions overnight, my post was in reply to a post from peilthetraveler. You might want to review your thinking on stops...
Hey you leave my curtain lurking alone, I gotta get some pleasure out of life. Yep, have a nice weekend guys and gals, time to hang up the mouse!
Who is that guy, I'm sure he's quite a well know trader around the forums, didn't he used to do trading videos or something?
LOL, I got bored and the pic kinda says it all :D
Now you're talking about something else altogether, trading out of a losing position. That requires some quick thinking, fancy footwork, and good...
Ok, how about 500 pips in 2 hours at 2am while you're asleep, and then another 800 pips before any kind of meaningful rebound, that short enough...
lol, no? Check your charts!
The traders graveyard is full of headstones with the inscriptions "I was waiting for a retracement!" and "This has got to turn around soon!"....
Geez, there are way too many issues to address in this thread!
Stop? Target? Oh no sorry, I forgot you give them after the trade, my bad. :p
Luck? Are you serious?
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Here you are incnow, here's a strategy for you! 'ector will expline 'ow 'e tride some peeps on the hayteenth...... <object width="425"...
The little red and blue vertical lines are a visual representation of where price has been (commonly known as a 'bar chart' :) ), and the...
Don't know about Pesavento Patterns but I used Ensign a while back (2006) to compare GFT's Foresight AI to Ensign's Pesavento Map (now called...
Ain't it beautiful, a work of art! [IMG] [IMG]
la vÃbora habla con lengua sabia!
Huh :confused: Try... (Equity x Risk %) / Stop Loss = $ value per pip = trade size. Example for EUR/USD: ($10,000 Equity x 1% Risk)...
Mine's set at 50:1 but like you say it's all about $/pip value not how much margin one uses, it could just as easily be 500:1 for all the...
Looks like chipmunk's had a few too many nuts!
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