Yeah, it is a relatively laid back way to do it. To me, the real fun part about trading this way is how deeply you can customize the method. There's so many different ways to manage the risk, and the inventory. You can do it on just about every time ...

Trading Without a StopLoss

I close any trades that are profitable by the end of the day. Although, sometimes I get impatient and do it earlier (around 5PM), I try to book gains at 8PM EST. That's when a new daily candle opens for me (on my side of the planet) so I typically ...

Trading Without a StopLoss

I use a time and percentage of equity model to book losses. If a trade doesn't turn positive in 3 days or it turns into a loss equivalent to 0.07% of equity, I book the loss and re-enter in the same direction. I also tie my total "debt load" to 1% ...

Trading Without a StopLoss

Yeah, what Rap is saying he's doing is ensuring the majority of his inventory is long because a lot of pairs are paying rollover to hold buy position. These payments are applied directly to your balance so, by holding them all, your balance is going ...

Trading Without a StopLoss

Every position you hold is subject to rollover (or swap) if held overnight. Some positions will pay rollover and others will charge it. When you take an "inventory management" style to trading, you're holding several positions in different pairs at ...

Trading Without a StopLoss

Words to live by. Seriously.

Too Many Lies In The Forex Trading World!

Here's an unpopular opinion: If you want "truth" throw your money into the market and figure it out. You'll be surprised how many 1,000 page threads and systems here (on all forums, really) are run by IT professionals and college students on demo ...

Too Many Lies In The Forex Trading World!

It's all good, Samer. In the spirit of fairness; I do subscribe to and read your thread. Though I cannot replicate your strategy, I'm not allowed to hedge.

Safest broker to trade a million dollars with

You do realize that I never called you stupid, right Samer? I mean, you're acting like an idiot now and I don't know why. I didn't even call Midnight stupid. I just disagreed with him but that doesn't mean I think he's stupid.

Safest broker to trade a million dollars with

I don't know, I never claimed to. I merely disagreed that FXCM is a terrible broker. But your capital letters and calling me "stupied" are proof enough that you're the authority on the subject.

Safest broker to trade a million dollars with

You do realize you're spelling "stupid" incorrectly, right? EDIT: You may want to go back an edit the several other times you spelled "stupid" incorrectly.

Safest broker to trade a million dollars with

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Safest broker to trade a million dollars with

Oh yeah, I know. All the little fish who treat trading like it's some sort of legendary quest as opposed to a job telling those of us who have to do it for a living that we're stupid. Oh yeah, post counts and forum reputations; that's all I need. ...

Safest broker to trade a million dollars with

I just think they get their little bullocks in a knot because some of us don't attribute our success or failure to our brokers. Some of us know how to blame ourselves. But I'm not a "well known trader across all forums" so that means I only make ...

Safest broker to trade a million dollars with

Oh yeah, I'll take your word for it. Good call, Samer.

Safest broker to trade a million dollars with

I get it, you can't argue my point. When all you can do is tuck your tail and resort to ad hominem, you've just proven me right. It's a bold strategy Cotton, let's see how it plays out for him.

Safest broker to trade a million dollars with

Maybe it's because I don't get cheated by them. I never have. You make them out to be this massive criminal organization when, realistically, you've probably never been "cheated" by them either. You just jump on the bandwagon of forum-roaming, ...

Safest broker to trade a million dollars with

Actually, you're wrong. They were fined for not passing on positive slippage. I get price improvements (positive slippage) all the time. I'm just saying, FXCM screwed the pooch in the past, they've since been investigated, fined, and they've ...

Safest broker to trade a million dollars with

If you think you're "entitled" to profits, you deserve whatever happens.

Safest broker to trade a million dollars with

If you didn't need to prove anything to anyone, you wouldn't have posted that screenshot to begin with. If you're gonna flex nuts, do it 100%.

Who has become rich trading forex?