In addition, as a side topic to the risk and probability speak but based more on my opinion: Martingale betting also is a negative toward the personal development of a trader. I strongly feel it only serves to build bad habits. 1) Traders need to ...

Martingale... How to make it WORK for YOU!

In the case of martingale baskets, where you keep averaging in a single trade as it moves against you hoping for a reversal of enough to exit at a profit... or martingale bet sizes, where you double your bet each signal hoping for 1 winner that will ...

Martingale... How to make it WORK for YOU!

Martingale shifts your risk profile greatly so it becomes more about how much you lose when it fails, not how you can have a winning day. 1% per day, 10%... doesn't matter if you give it all back the day it fails to work.

Martingale... How to make it WORK for YOU!

I can't tell if this thread is pure comedy, or being serious. *blinks*

Martingale... How to make it WORK for YOU!

How'd this thread get commercialized? Did I miss something? We need more anti-martingale threads!

Martingale - the sad truth

Yes! Nedging! Love this pic.

When to upgrade to MT5?

And that right there is the problem with Martingale: The longer it works, the more distant your fear of the account blowing up becomes.. then when it finally does, you never would have expected it. True blow out; losing more than you ever expected ...

Does the martingale system really work?

You gotta create a FXTrade practice account on their site first. Then through the account administration you can setup an MT4 demo. It sounds odd, I know, but Oanda's backend isn't MT4 native.. they do a lot of stuff on the account level that MT4 ...

OANDA Discussion

It's an MT4 bug related to canceling an order while it's pending. Restart MT4 if that happens; that should fix it.

Pepperstone Forex

Was there news? Spreads acting normally for me. I have noticed that the spread at 5pm (end of day) gets a bit wide. I'm usually flat by then though.

Pepperstone Forex

Firstly, this is the kinda dialogue I enjoy, where two people can compare views and both sides have strong points. Leads to learning and shared understanding. Cheers to that. Yeah, I hear you. On not so liquid times/pairs it doesn't take a lot to ...

Broker Manipulation

1.26017 sold short, 1.25715 covered. 30.2 pips less ~0.7 pips worth of commission. (possible if your broker has decent spreads for AUDNZD) I don't really trade from M1 charts, just set it for the pic. I usually use the 5, and 15 minute charts for ...

AUDNZD

Selling at the high tick and having your TP cover at the low tick doesn't happen often... yet, when it does, I never seem to have my full position size in play. Oh well. image

AUDNZD

Just don't get thick in size because you think the market is ranging softly now, if it opens up on you when you're in a position, you'll be caught with way more risk than you expected... setting a clear area where you're wrong and need to be taken ...

EURUSD Range Setup

Undisclosed? Like un-reported volume? In US equities, the stock's transaction volume is reported by the exchange, even if the transaction happens outside the main exchange where it trades (like on an ECN or darkpool, they all have to report back to ...

Market with order books available?

Last I checked they didn't... but I think there's a way of doing it with an internationally registered corporation (ie, you are a corporate client and setup a business outside the US.) Don't quote me though, probably want to ask chat support about ...

Pepperstone Forex

Well, your CC credit limit is between you and your bank so do talk to them to get any clarifications. But basically, let's say you owe $500 on your card for that month's expenses, you can do a withdrawal to CC from your account at Pepper for $500 ...

Pepperstone Forex

LOL.. A gentlemen doesn't speak of such things in public (at least not while his girlfriend is reading over his shoulder.)... but I will say that such stress releasing activities are very beneficial.

What do you do in between waiting?

+1 This. The more factors that make it hard to take a loss, the more likely you won't cut a bad trade.

Take a Loan to Trade?

Yup, I have a shimmy maneuver I try to do on the EURUSD when even penny levels are reached. It's usually good for a scalp but it takes a little research to figure out just how many orders are bunched up and need to get filled should the level get ...

Broker Manipulation