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SaiLyfee replied Nov 4, 2015Reasons why most traders lose in my opinion is emotional making decisions. You have to follow a trading plan or system with discipline, otherwise you aren't allowing your edge to work for you. Without this then any form of trading in this regard is ...
reasons why traders lose
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SaiLyfee replied Nov 4, 2015Most of my trading is done though automation with API integrated software, but when I am around to moniter the charts I use tick charts mostly, this helps me to identify changes in order flow more easily. I of course don't only use tick charts, but ...
What timeframe do you use for trading?
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SaiLyfee replied Nov 4, 2015I would advise using a stoploss, without one your loss is unlimited. It's up to the personal preference of the trader managing their account though. It's important as a trader to be able to be versatile, and get out of positions when they turn ...
Real Fx traders do not use stoploss
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SaiLyfee replied Nov 4, 2015I find trading systems work for the person that came up with it. Thats good enough for most. You can't really say. The true test is how long a person is able to stick around, and how much money they can make doing this.
Do trading Systems really work?!
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SaiLyfee replied Nov 4, 2015If you have a profitable system you need to be trading it at the right place. Most of these so called retail brokers are not the place. You need a DMA broker. This stands for Direct-Market-Access. If you do some research they're not hard to come by, ...
If you have a profitable system, will brokers sabotage you?
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SaiLyfee replied Nov 4, 2015No harm done buddy, I'm glad to hear you're using it as a filter and not a signal. I've known too many traders who get themselves into believing their indicators are going to give them all the answers. I hope I didn't come across rude, that really ...
NZD/USD
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SaiLyfee replied Nov 4, 2015Every trader is a little different to fit in with their own personal appetites of risk/reward. I'll exit trades differently sometimes, it really depends. Only you can be comfortable with trading doing what works for you.
Central Banks & Big Players
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SaiLyfee replied Nov 3, 2015This thing really slammed today, glad I was in on this one. image
NZD/USD
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SaiLyfee replied Nov 3, 2015Stochastic moves with price.. There are no magic lines in this game to tell you where anything is going. Just trying to help you see, best of luck in your trading.
NZD/USD
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SaiLyfee replied Oct 31, 2015Well said, trading doesn't begin for real until this is realised, then once you can automate a proven process trading becomes completely emotionless, and residual. The big difference between a new trader and an experienced one is the more ...
A beginner trader vs pro trader
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SaiLyfee replied Oct 27, 2015Locked and loaded, ready to go. Trading should be kept simple. It's always the simplest things that are the best. image It's my dream to get to New York so I have it as a constant reminder everyday while I take my trades

Central Banks & Big Players
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SaiLyfee replied Oct 22, 2015Floating profit of around 200 pips, nice call that was image
Central Banks & Big Players
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SaiLyfee replied Oct 13, 2015Seeing some pretty interesting trading action on GBPUSD image
Central Banks & Big Players
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SaiLyfee replied Oct 12, 2015XAU/USD still has some serious upside potential. My latest trade was a good one: image
XAU/USD & XAG/USD - Gold & Silver Traders Thread