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- Mr J replied Feb 10, 2010
So you're willing to make absolute statements, but not qualify them.
EURUSD
- Mr J replied Feb 10, 2010
How many pips are you willing to risk, on average, for these 2-3 pip gains?
2 losses,30 winners, out of 32 trades
- Mr J replied Feb 10, 2010
Poker is in fact similar to trading. Both are games of probability. And yes, there are tells in the market. Going back to flipping coins, are you suggesting any trade has only a 50% chance of winning? If so, that's ridiculous and you obviously ...
EURUSD
- Mr J replied Feb 10, 2010
Yes, all traders can apply technical analysis equally
. That's not money management - money management concerns capital risk on a trade. What you are talking about is finding +ev trades, and many skilled traders use technical analysis to ...EURUSD
- Mr J replied Feb 9, 2010
Insane. I shorted just one minute and five seconds before that, stopped out at 3780
.EURUSD
- Mr J replied Feb 8, 2010
You're confusing me with the original poster if you think I went long. My point was that there was something at that point - there always is. Something else I will point out is that you will often be incorrect, so you can't assume that anyone who ...
EURUSD
- Mr J replied Feb 8, 2010
You didn't cause any offence, and I don't mean to do so either. It's just that so many posters blindly state that it's too risky to risk more than x% (usually 1% or 2%). Most don't seem to understand the mathematics behind money management, and just ...
EURUSD
- Mr J replied Feb 8, 2010
Stating a percentage is pretty ridiculous since everyone trades under different conditions. Your statement is mathematically incorrect anyway. We don't need much of an edge to risk 2% - most profitable traders should have an edge more than large ...
EURUSD
- Mr J replied Feb 8, 2010
A far, far smaller amount than you're using. Any loss should feel insignificant, and a losing stretch should be nothing more than a little frustrating.
EURUSD
- Mr J replied Feb 3, 2010
Better to have a foundation before dealing with risking a meaningful amount of money, otherwise other issues arise, such as doubt in ability. Learn to trade, then learn to live with it.
EURUSD
- Mr J replied Feb 3, 2010
Trailing stop has nothing to do with limiting early losses by getting comfortable in demo before live trading. A good trader should be focused on both wins and losses. Capital preservation is important, but the whole exercise is useless without ...
EURUSD
- Mr J replied Feb 3, 2010
Sure it can. The trader can lack the skill to profit, potentially blowing a lot of money, and unforeseen movement can blow those tight stops out of the water. No idea. I had price at 4021-22 as well.
EURUSD
- Mr J replied Feb 3, 2010
Got filled for a short at 1.4035, but I don't have price anywhere near there?
EURUSD
- Mr J replied Feb 3, 2010
Rubbish. Better to get an idea on demo than to blow thousands, as most seem to do.
EURUSD
- Mr J replied Jan 28, 2010
I like it, but then I'm biased because we may use similar methods. Faulty data, because I'm not seeing it.
EURUSD