I would describe forex as different rather than hard. It requires a very different trading approach vs stocks, bonds and what have you.
Just to share. My position on adding to winners is that it doesn't work. I based this on extensive back-testing done years ago. After reading...
Different. Not easier.
Hi ktmtrader, I know how you feel. This IS a very lonely job. Motivation comes from being meaningful; which then comes the next question; what...
Well like I said, there may be situations can be profitable. For me personally, I' have yet to see evidence in terms of back-testing or verified...
Thank you for taking the time to respond. I think it's only possible to evaluate the probability of success of a setup based on numerous...
Hi Laissez Faire, If I understand you correctly you are asking 2 things. 1)Should one vary position size based on confidence of market direction...
Hello. Welcome to the world of trading. Your question is how do I conceptually define a trend so that a trading platform could apply trading...
Whoa, I see at least 9 solid rules here for trading. So much goodness in 3 short paragraphs but new entrants to trading will find it hard to...
Amen to that!
What is of concern is that you say "It still is by far no easy feat to accomplish" If you've already done 200-300 trades, you should be going...
Hey, I know that feeling too. That euphoric feeling you get when you hit 5 straight winners in a row. You feel like you are the GOD of trading...
You should already know if you can do 120% or at least the range (80% to 120%). Your prior trading results will tell you that. If you have done...
Thank you for your offer. It is not a trading strategy issue. My trade record (bar the over-sized trades) shows that the system has a positive...
The system is already live for 3 months on a $1000 account. The question is when do you start throwing real money at it i.e. 10k, 20k etc
I know the strategy "works" as I have 50 observations with stable results. I have also posted on another part of the forum (where you have also...
What I was looking for was a little more "scientific" answer to the questions. A month will only generate a theoretical maximum of 40 trade...
I am trading the system live on a small account. The strategy is not the issue. The issue is as described. I am only able to follow the system...
First and foremost, I have been trading a number of years on small real money accounts. Two, this is a observable, repeating pattern that has...
I am trading this live on a small account. Question is, how many trades are required before I can safely say that the observations are...
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