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saneblane replied May 5, 2014My example was very clinical, there are other things that are not taken into account. Like I said choosing the right pair to trade is another issue. I was only speaking to the point of no independence. We have different trading styles so the way we ...
Trading Without a StopLoss
- saneblane replied May 5, 2014
Well I don't really get into fundamentals but I do see your point. However I think there is something that is missing from you equation, and that is 2 currencies falling are rising at the same time that gives the impression that a pair didn't do ...
Trading Without a StopLoss
- saneblane replied May 5, 2014
Wow that's interesting, How does that work? Do you buy and sell every pair at the same time?
Trading Without a StopLoss
- saneblane replied May 5, 2014
You're right Hanover, there is no real benefit to it over a SL. Apart from the psychological effect that the false sense of security provides to a trader, I have seen no proof so far of it being a useful maneuver.Heck It can even be the more ...
Trading Without a StopLoss
- saneblane replied May 5, 2014
What you said there has a lot of significance but will probably be ignored. that's why I don't "ride" trend anymore. I put in a trade and if it doesn't go in my way in at least 2 candles then I take it out. I believe that if you cannot get a signal ...
Trading Without a StopLoss
- saneblane replied May 5, 2014
That statement is partially correct. It might not affect the crosses much, but any currency that is a part of the USDX, which are the majors would be affected. a GBP/USD event can and do affect USD/JPY, No currency is independent because for one to ...
Trading Without a StopLoss
- saneblane replied May 2, 2014
Well I have been following this thread for a while and we are yet to find out how the system works. I am not denying that it does, it's just comes across a little like fairy dust trading to me. I do know that the market is math, and that might be ...
A delicate secret
- saneblane replied Apr 29, 2014
"Unless it can be shown objectively that market probabilities have altered since the entry, there is no valid reason to adjust these levels while the trade is in progress." It can be shown and objectively too, and surprisingly enough the probability ...
Trading Without a StopLoss
- saneblane replied Apr 29, 2014
Yea a stop loss really is a matter of last resort and shouldn't hit most times. A good trader would already see the market going against him and would account for that whether that be too hedge or exit and wait and see. There are times when the ...
Trading Without a StopLoss
- saneblane replied Apr 28, 2014
And that's it right there, and it's a reason some good traders fall by the way side. A properly funded account can make the difference between success or failure. Imagine making 1 percent on an account that has 1 or even 2 million, that's a ...
Do scalpers make money in the long run?
- saneblane commented Apr 27, 2014
I checked out the link and something that are said there I know are true. But that might be his "truth" and if someone else tries to trade it they might lose money. And yes I am creating such a system as we speak. The thing is it's not hard to ...
Why Traders Lose Money
- saneblane commented Apr 27, 2014
Ok Let me try and simplify a few things. 1+1 is 2 right? that's simple math and I guess not a lot of people will dispute that. The market is math, it's a big math problem that changes and give difference answers based on adding and subtracting of ...
Why Traders Lose Money
- saneblane commented Apr 27, 2014
To get back to the point, there are many ways that traders lose money just like there are many ways why they make money. But more often than not I think it's because they don't know half of what it takes to be successful. The amount of research I ...
Why Traders Lose Money
- saneblane commented Apr 27, 2014
Lol trust me buddy I would advise you not to trade forex. Because it sounds like you don't know a thing.
Why Traders Lose Money
- saneblane replied Apr 26, 2014
I used that program too when I was learning practicing VSA and what you guys said did happen to me too. The most interesting of them all is that when you practice on it, and I would speed it up to see if I am right or wrong fast, the most ...
I can predict moves but then I forget how. Why?
- saneblane commented Apr 26, 2014
I am still trying to understand why you posted than link but it's alright.
Why Traders Lose Money
- saneblane commented Apr 26, 2014
Targeting 1 - 10 pips lasting 1 - 10 minutes. Anything around or inside of that region I qualify as scalping.
Why Traders Lose Money
- saneblane commented Apr 26, 2014
You know I always find it amazing that in the 95percent of losers in retail, people here expect all traders to do the same. Scalpers can make money point blank end of story, there is no right or wrong. scalping has a few advantages that people on ...
Why Traders Lose Money
- saneblane commented Apr 25, 2014
It's true, but most likely what is happening is the currencies that you are watching is not where the action is, it is most likely being dragged by action on other currencies. There was a day last week where the GBP and EUR looked like they were ...
Why Traders Lose Money
- saneblane replied Apr 25, 2014
I may use the term marker maker and bank interchangeable because banks are the biggest market makers in Forex. What you are saying there is true no doubt about it, but those tricks affect some currency pairs more than others. However most traders ...
Do scalpers make money in the long run?