If you're outperforming the majority of the hedge funds, banks, and professional day traders...you're doing great! Obviously, not all of us are the same. I average 12-15% a month and I'm quite happy with that. This year, I'm hoping to step it up a ...

Realistic Account Growth?

Think of it this way... If you can average +15-20% per year, you're beating most of the professionals that trade or invest. Here's how some of the professionals are doing, updated January 1, 2010. Complete list is here.

Realistic Account Growth?

Update for January 7, 2010 — Well, here's the update for January 7, 2010. Not exactly the way I intended things to start, but it's reality. On a side note: Turveyd thanks for the subscribe you REBEL (you posted in my thread)! I set the ...

2010 Journal Experiment: Average 15-30% Per Month With Minimum Draw Down.

Trade your own plan guys, it's your money. I still see some south bound action though. This could change in a blink of an eye too...it's fx.

EURUSD

Anyone else catch some quick pips? Hope so.

EURUSD

Good luck to you. Most new traders that start a demo with $100,000 or even $10,000 trade unrealistic sums, knowing that when they open their first live account they'll do so with only a fraction of that. Do yourself a favor and practice patience ...

The Journal of a rich trader

Well yesterday was my wife's birthday so I didn't get to watch the charts as much as I often do, no excuses though. We have dinner plans with family tonight. Made some decent pips on my primary account (the one that pays the bills) last night during ...

2010 Journal Experiment: Average 15-30% Per Month With Minimum Draw Down.

IMHO, looks like we may touch 4282/85 today. We have to get through 4314 & 4298 first though.

EURUSD

If you're using MT4 and the "text" it should move up & down or sideways with your chart. At least it does with mine, while "text label" does not.

Labeling pivots

Not that I'm aware of, I live on the Gulf Coast, it isn't suppose to get cold here, but this last week it's been about 22 F at night and the 30's F during the day. This weather keeps up, we might have to ship some in

Salt

As you're probably aware it's been really cold here in the US too with record snow fall levels. I was reading an article that mentioned liquid deicer is made from vodka so I had to find out who manufactured it. lol.

Salt

Use Magic Salt. Magic Salt is made using a patented biodegradable liquid called Magic-0. This sweet smelling liquid is made from a discarded plant product used in making liquor (Distillers Condensed Soluables). That’s right, Magic Salt is made ...

Salt

Instead of using "Text Label" use "Text" it's the icon to the left of "Text Label".

Labeling pivots

+26 so far.

EURUSD

Looks like the sky is fixing to fall.

EURUSD

Losing is part of trading, as a trader, this is something you have to deal with. No worries though, still on target for a nice January return. Remember I'm shooting for an average monthly return of 15-30% for 2010.

2010 Journal Experiment: Average 15-30% Per Month With Minimum Draw Down.

Had a losing day, part of doing business though. — Here's the image. I had a couple of errors 1) I should've took my profit when I had it and 2) I should have had my stops a little tighter than I did. I would've added about 1% to my account, ...

2010 Journal Experiment: Average 15-30% Per Month With Minimum Draw Down.

Look for another update today January 6th, 2010. — Well, I'll get another update posted later today. Pull up a chair. The weather has been cold here on the MS Gulf Coast, but the fireplace is warm.

2010 Journal Experiment: Average 15-30% Per Month With Minimum Draw Down.

Careful...on the 4hr we have the 1440 as support right now, right under that is the 1200. This will be a tough nut to crack, but if it's cracked (4218/20)......hope you're on the right side.

EURUSD

I babysit damn near every single trade. I use both hard stops and mental stops. If I do let a trade go unattended I have a hard stop in place and I go on about my business. It doesn't really bother me. If it bothers you then your position size is to ...

How do u sleep in peace and leave ur trades open?