EMA(1)?

indicators, etc...

dont forget the spread ! 2.5x down

Do You Ever Double Down?

some people dont get any value out of demo trading. In actuallity demo trading can lead to many bad habits as well as the fact it doesn't have the pyschological aspects and the demo numbers and fills are different than live. i do agree that money ...

Your Trading Experience

I know vegites will try to kill me for saying this, but if someone asks for egold they are 1) trying to rob you or 2) trying to get out of taxes. Egold is a way to "hide" what you are doing. If some one refers you to start an egold account they ...

Is subscription worth it?

i was just showing how to calculate your leverage per trade, e.g. if i am betting X lots with a Y bankroll how much leverage do i need? I was not trying giving any information how large your risk should be, thats up to your system.

Is 400:1 leverage better than 100:1?

<o></o> I can see what you are trying to say but Forex is a bit different then learning to add whole numbers, what seems logical is not always right. When you are new you have 3 big problems. <o></o> Greed: It’s amazing how many people start ...

Determining Risk

really the leverage doesnt come into account. if you have a stop of 25 pips, and you are betting 1 full lot that is 10$ a pip then you are risking $250. Thats all you really need to worry about is how much money you will loose on a trade, the ...

Is 400:1 leverage better than 100:1?

lots and lots of math. you should see all the programs and equations my trading group has researched

Which ratio to use?

100 forward trades profit ratio = winrate/(1-winrate) * (total won/total loss) <1.10 you probably will loose your money or be flat 1.10 bare minimum - 90% chance to double capital in 11,000 trades 1.20 slow system - 90% CTD in 1,200 trades 1.30 ...

Which ratio to use?

i will just trade $1 pips lots for the base then we can compare

Going Crazy

oh i see where you are coming from now, if you tend to be in trend trades for days even weeks then i agree, a 100 spike shouldnt effect you. think it was the 1 hour chart that had me worried thanks for all your posts, sorry if i came on a bit ...

5 Tricks of Trend Trading, by Rob Booker

refering to post #5 are you saying when you are trend trading on 1h its is wise to have 100+pip s/l or use discretion to ignore your stop lossess? Im not trying to be contrary as much as i'm trying to find your methodology for riding the spikes. I ...

5 Tricks of Trend Trading, by Rob Booker

looking at your journal so far looks like you are 77.78 winrate 0.85 payrate 9/week frequency thats a pretty good system ! I will start foward testing it to get that 100 trade baseline good job!

Going Crazy

everyone has different times on their platforms unfortunatly. what i usually do is just put in a start hour and a stop hour in the externals for the ea . in small time frames i have found 8:00 gmt - 16:00 gmt is the best times to trade.

Flyer! EA - New Thread!

the holy grail is simply time. once you have a positive expectancy system (there are many, many posted on this board) a trader just needs to do the work and wait. The unfortunate fact is most people got into trading by the idea of getting rich over ...

The HOLY GRAIL

i was confused on your payrate is it 70% of average win, so if average win is $0.70 average loos is $1.00? if thats true you have 65% winrate 0.70 payrate gives you a expectancy ratio of 1.3 so you can trade 3% a trade with less then 1% chance of ...

Going Crazy

what is your winrate and payrate? and you have 100 forward tests to base this on?

Going Crazy

oh, have you converted your 1 minute data upwards for the other time frames? see step 2 here: http://www.forexfactory.com/forexforum/showpost.php?p=67706&postcount=2 you can just get alpari minute data and convert it up for all time frames.

Flyer! EA - New Thread!

you do need to start with a plan that has positive expectancy, at least thats what twoblinks keeps telling me. I hope to prove him wrong with discipline tho

Breakout Strategy - The Pro's Way

seems to me it’s a good entry plan. If you added an exit plan you could double your profits though (exits are about 3x more important than entries).<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o> <o></o> ...

Breakout Strategy - The Pro's Way