It might depend on what your original entry and relative stop placement strategy is. My stategy, like many, takes entries off support (or resistance) areas and placing the stop protected (the other side of) by that very support (or resistance). If ...

Golden rule: trade the trade!

'I noticed people advocating all kind of returns in these forums as well as others.' Rule Number 2 - Be very carefull reading / listening to scores / calls in forums and chat rooms. Most are overstated. If you enter a chat room, for example, Money ...

How many pips is realistic?

I am trading Cable and aim for 30 pips a day (150 pips a week). My daily score, in the last 3 months, has ranged from -30 to +90. This trading with a stop of between 10 to 13 and a target of either 13, 30 or 50, depending on the set up. I usually ...

How many pips is realistic?

Who is Michael Stewart ?

Straddles On News

Additional Mark Douglas Material 3 — Get Abstract Notes - Trading In The Zone (See Attached File)

Essential Listening - Mark Douglas Audio

Additional Mark Douglas Material 2 — S & C Interview (See attached file)

Essential Listening - Mark Douglas Audio

Additional Mark Douglas Material — Learning Flawless Execution (See Attachement)

Essential Listening - Mark Douglas Audio

This might depend on which jurisdiction you pay tax. Not all countries have the same rule.

Forex Taxes

The bigger they are the bigger the fall.

Refco debacle

Good for longs of Session low, shorts from Session High or 1.7479ish area then, with tight stop ? We would be in trouble if we thought the market was not random at any time.

Is it just me or is cable acting random?

Are not the markets always random ? Cable just stuck in a range. 1.7506 Session High 1.7488 Pivot +++++++++++++++++++++++ 1.7479 Recent High 1.7447 Recent Low (After News) 1.7444 Session Low

Is it just me or is cable acting random?

MT offer demo accounts directly or by numerous brokers. To switch from one to the other you do not need to remove / reinstall the software (and possibly lose your charts). You just need to add a server and open an additional account from within the ...

My MT4 demo is dead!! Help!!

Just seen on Bloomberg the CEO got arrested yesterday (Wed). Reports of massive account withdrawals.

Refco debacle

IMHO nothing replaces screen / trading time. If you want to get better at tennis, you cannot just do it with reading, you have to play tennis. Trading much the same. However it is important to have a serious schedule of education. The problem I ran ...

Back to basics or information overload?

Well done ! What time do your daily pivots take the reading from ? Can that time be adjusted ?

Automated Daily/Weekly Pivots here

Yesterday the price 1.7453 was protected by the support levels above, as listed in your post. Now (12.32PM Tel Aviv) there is possible protection from the current session low,1.7471, though since the prior bigger support levels have been take out, ...

The Pound has broken several Support lines. That is a big deal right?

1. If you vary your risk depending on set up you are trying to judge what will happen next, which is impossible. Well, at least it is probably impossible to rate your judgements. So why not just take what you consider the best set ups ? 2. What is ...

This is how I trade. What do you think?

Best if you seek serious tax advice, from an account, in the jurisdiction you are living in. If you want to avoid paying tax then the last thing you would do, in the jurisdiction where you are living, is transfer fund through a bank account, as that ...

CMC Spreadbet