Looks damn bearish on mine. Is your chart only showing the last dozen candles?

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You should only "add to winners" if each additional entry is worth a trade by itself. Adding to a 'winner' just because it is winning is not sensible.

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Was 3486 the current price at the time? I don't have anything there. I also have 3416ish, and 3520ish as the next highest. I'm not as confident at these lower levels (below say 1.39). Above 3520ish I have 3585ish, and then 3720-3750 (two close ...

No Brainer Trades

Is this a serious post? Increasing or decreasing your stake based on whether the last trade won or lost won't help you. Pyramiding won't help if your trades aren't already profitable.

anti-martingale by Lauriston Livermore

Calling a bottom is different to locking in a profit from a retracement. If you're calling a bottom, then your current profit is just a fraction of what you want. There's also the possibility of losing on additional entries, as well as the ...

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I've got to agree. We're coming off a new low, and swinging through one level of resistance for a retracement isn't unexpected after dropping 8 cents from the last major consolidation. Maybe this is the bottom, and maybe these bottom pickers are ...

EURUSD

If I want to get my car fixed, I'll see a mechanic. Likewise, if I want to know about the market, I'll ask a trader, not some inexperienced academic. As Lionstrike suggests, many people mistake money management and trade strategy. Money management ...

A trader's edge - myth or reality?

Because it can be profitable if you know what you're doing.

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Not true. It may help you, but it doesn't mean it's necessary for others. I watch oil and gold, but I certainly don't need to.

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Or a stretch of inaction. Plenty of times price will slum up against support or resistance, and then strongly break it. I don't think it's a major level anyway, I'm thinking we're in no man's land between 3515ish and 3415ish

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Not your Mrs I take it .

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There is no skill requirement for posting "calls". No doubt there are some skillful people, but I imagine many, many, many more are just contributing their accounts.

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1080 TV's I assume? How far from them do you sit? One is all you need. Some need a dozen. Hardware requirements vary as greatly as approaches to trading.

Trading Station with Multiple-Monitors

But it does look much cooler.

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1. News would be a waste of space, and unless they're trading fast timeframes, trading platform can sit behind a chart. 2. Multiple monitor setups aren't that expensive and can be convenient for many uses (porn + surfing as has been mentioned). Many ...

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Last time I checked matrox cards, the resolution offered was poor, and seemed to be mainly vga. You can get 2x gpu with dual vga/dvi for less than a matrox card, and offering higher resolution. Pivots are good, but the most reliable S&R is based off ...

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It would be nice to continue the beautiful 4h chart of the last month. Perfect really.

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Glad somebody understood what I was trying to say . The argument against martingale could be as simple as questioning why good no good traders use it. I also saw a mention of averaging/scaling into a position. These people aren't increasing their ...

Analysis of Martingale

No it doesn't. Martingale is a staking strategy, and staking strategies do not provide an edge, they simply change the distribution of wins and losses. You stated you rarely see 10 losses in a row - sure, but it is likely to happen at some point, ...

Analysis of Martingale

Fair enough. No point going to pm though, neither of us will change our mind .

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