Name me one indicator that isn't lagging, calculated with historical prices. Even the "current" price is lagging.
:D We shall see. Trailing stop of 15 pips begins after 30 pips in my favour. 1 pip = $1 change in gold price = $6. Leveraged 4:1 i.e 6...
.. this week! I have a limit set at 1850. I don't expect it to stay there, but I do expect a brief spike up to that level and then down a little...
Thanks. I have been debating this same issue in my own mind, and frankly agree with you. I am simply struggling to learn how to correctly read...
HateTheRisk, I am actively trading in a $300 micro account. I just started shifting $3000 over to a mini account. Next task is to convince...
Great analysis. Thanks. Actually, it was the candles within the greater context of the overall direction of the USdollar that caught my...
That was the first time I trade that CFD. I find that more often than not the US dollar does respond to news events in the way you'd expect given...
I haven't had much succes either with the trailing stop on the individual trade. I was suggesting more a trailing stop on your...
I find the psychology of stating that number interesting - how each and every one of you have responded. Why has every single one of you made the...
Lot's of assumptions. Actually, the loss was no greater that what was planned. I entered, set a stop, and exited the trade accordingly. My...
My point is simply that if you know you are trading something that is prone to high volatility, why are you risking you entire account? I see...
Sarcasm noted. :D
Reread the part about, ".... if you understand it." :D If you are cleaned out by a "black swan" event then you don't understand how leverage...
The size of your risk is dependant upon how many trades you are willing to make to achieve your goal. If you make only one trade you must expose...
Actually, I am a coder. I have several years of work experience as a computer programmer. I just have to get my wife's website finished,...
Neither does the world in general. Should we therefore avoid setting goals for ourselves. You will never achieve anything in life unless you set...
Yes, it cuts both ways. Fortunately, with FXCM, I can only lose the easily replaceable $3000.
Thanks for the vote of confidence! Leverage, if you understand it, is a beautiful thing!
Thanks for your answer, Jack. I come from a background working for a Swifttrade wanabe where the initial training required $2000 profit in a...
We all see arguments about how you need large amounts of capital to really generate a living from trading. What if my goal is $150/day? Is...
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