Yah that makes sense to me too, but there must be something about crossing from the infintesimally small into the non-existant. Zero IS a number, but it is really just a symbol that represents nothing. And there is a huge difference between nothing ...

Correct Money-Management using Price-Action (huhh??)

OK so primary goal: eliminate risk. Achieve a free trade. (Don't worry that you just lost 2 40 pip trades, and just won 3 worth 12?) I suppose it also helps to have a system that is reliable. That sounds very obvious, but with a wildcard RR ratio, ...

Correct Money-Management using Price-Action (huhh??)

Monday October 9th 6:20 Central [CHF JPY] Nice pin bar from last night, possibly continuing short with the new DBHLC which is in progress. Check for retracement in about 4 hours.

Current 4hr Price Action

I have no idea. url

BOE interest rate announcement

I honestly don't see any reason to move from a Micro to a Mini account.

Noob question about Money Management

*When I first came accross trading forex, I thought OMG people are getting loaded rich QUICK! I can't believe this is legal, I can't believe everyone is not trading. Everyone can become a millionaire I thought. Then I started my search for that ...

Survey: Why 90% trader's failed?

Yes and yes. This is what I was looking for, a subtracted ending equity. My beloved broker displays a floating equity. Yah with the (1-5) example, I see how this would makes sense if you were to place 5 trades at once. Thanks for the help. That ...

Noob question about Money Management

You're welcome. But assume that there was one order already open. Then assume you spy a great trade and start to calculate your risk. 2%, 10%, whatever%. Would you: A) Take a percentage of current -at that moment- equity. or B) Take a percentage of ...

Noob question about Money Management

Because there are checkboxes, I checked them all. My "other" is poor technical skills.

Survey: Why 90% trader's failed?

That individual is very fortunate to have a system that supports so much risk. Fortunate = hard working. However, when calculating that 10%, do you think s/he uses the current standing equity ammount, or uses the current equity minus the total ...

Noob question about Money Management

Yes but you must agree, 2% is in fact, 2%.

Noob question about Money Management

MM is exactly mathematical. There are fixed rules out there. 2% is 2%. If you deposite $500 and are very aggressive, taking on big risks, you aren't using your math. Your MM. But I have my own MM question: When you have an open trade, and you are ...

Noob question about Money Management

I've heard this rumor that forex and success are possible with peristence and patience and dicipline. Persitence in the face of a string of losses is what keeps you going to learn more, to refine, and to open a fresh demo account on sunday evening. ...

So I doubled a DEMO, now I have half of my LIVE deposit.

OK so I lied and skipped the 30 and 60 minutes charts. I went straight for the 240 minute charts all week and the results: slightly worse. ..to be continued

So I doubled a DEMO, now I have half of my LIVE deposit.

watch it bounce of sma21. hopefully not though. for your sake.

james16 Chart Thread

I hope you don't mind me repying to this. Somewhere in this thread is a chart that illustrates that [james] does take trades considering only support/resistence w/o any specific price action, but what [james] would likely say is that having price ...

james16 Chart Thread

Thursday October 5th 2006 11:00 CST Evaluate: [NZD USD] Possible bearish pinochio.

Current 4hr Price Action