Already resulted. :(
You're right. Living off selling resources is the path to nowhere. And this is exactly what's happening here. Nothing else is being developed....
LOL! "Nation's wealth"! Nation's! I live in Russia - show me how state uses these huge sums of money from oil and gas export to support it's...
The fastest way is not to do all usual mistakes which are: trying to make money fast with one or two huge trades, searching for "super system"...
I see absolutely no difference between trading 1 or say 100 contracts as long as in both cases you risk per trade is no more than 1-2% of your...
IMHO people fail not because they all follow similar "wrong" methods. Just the opposite - it's because most of wannabe-traders DO NOT follow exact...
Almost everything (maybe except being trapped and going to die :) ) you wrote above happened in my life (in Russia in the beginning of 90's)....
As for me, I like to trade breakouts from pullbacks. Trade "pure" breakouts only from certain patterns (narrow range bars).
Yes, from this point of view I agree. I also notice that often price reflects volume and I can "guess" volume just looking at price. But so far...
Hmm... I trade looking at price and volume and can definately say that volume is really a BIG hint. I don't care if it leads the price or price...
I try to enter all my trades with limit orders put in advance when I see a possible setup which will become a complete setup as soon as order is...
Will be glad if it helps you! :)
Of course I do not say this! :) Of course better perfomance is achieved if no fixed profit target is used (assuming that you have enough...
Exactly! Mediocre, but CONSISTENT results is the best thing novice trader can dream of! Because consistency is much more important than high...
Yes, you risk all your position, but I had the same dilemma and made a research of one strategy, but with different MM. It indeed shows that...
Scale out. Close part of the position at say 1/1 rr, then part at 2/1 and leave the rest to run with b/e stop. I know Buy1Sell2 says that it's...
Pure gold thread! I have much similar psychological problems derived from the fact (as Jack stated in his document) that I always put myself at...
Oh I see, for UK residents no taxation of winnings a big bonus of course...
I don't understand, why people trade through spreadbetting firms? Why not use a good real broker which does not play against the trader and trade...
Excellent thread. Excellent as an example of how people tend to overcomplicate and spoil a good and fine working (with some experience) approach.
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