Exactly as AUD just said....now he only has $348.68.....and 10% of that is f%^&ck all....try and dig yourself out of the hole with that amount and get back to square.

Trading Made Simple

GREAT post Britpip. Compounding sounds fantastic on the surface and it is....but the prior post regarding compunding is assuming that every trade you have is a winner....and that just aint gonna be the case....so its just as important to have a ...

Trading Made Simple

The profits you are taking are ridiculously small for the one hour chart....becasue I know full well that your stops would be at least 2 to 5 times those amounts if you are trading it correctly and using the last swing high or low for your ...

Trading Made Simple

Use your brain mate.......if you have one.....why on earth would you post a message about another trading method.....honestly.....its this sort of shit that has completely put me off forums.....read the first 50 pages, then if you think you need to ...

Trading Made Simple

Mate I am not criticising you, you seem to understand what I am talking about. I have done it before thats all. ANd yes you do tend to hang on to a trade hoping it will come back when you have real money on it.....the human brain is not prgrammed to ...

Trading Made Simple

you are overtrading

Trading Made Simple

Correct......and I wouldnt enter with the tdi that high either....I would prefer to be taking a short setup from that level

Trading Made Simple

stoch and tdi heavily overbought too...did you assess this or do you just enter because the tdi tells you to??

Trading Made Simple

It seems to me that one of the most common mistakes made early in the trading career is people (yourself and myself included) practicing trading but over leverageing and taking trades that ALMOST fit the criteria.....you should stop this ...

Trading Made Simple

And yet you entered anyway......this is a sure fire way to blow your account. I have said this many times.......trading is as much about NOT entering trades as it is taking them......even if you are demoing or practicing......make part of your ...

Trading Made Simple

Firstly.....Favourite and Callisto shut the f*&K up and get on with it. ITs a trading forum to discuss and trade the TMS method. DC......everyone enjoys your posts...they are informative and concise and extremely helpful. HOwever your recent posts ...

Trading Made Simple

And this is Dave's point....if all your stop losses get hit it means you are down 8%....not the safe 2% you mentioned. Sure your risk amount is a personal thing, and yep the standard is around 2% of your account, but if you have 20 trades on at the ...

Trading Made Simple

THis statement is rubbish and should be completely ignored. If any of you are trading the 4 hour charts and taking regular profits of 18 pips you are going to blow your account and continue to do so. Your stops are often 100 or 200 pips on the 4 ...

Trading Made Simple

I agree there is an element of gambling....I have suggested this before. But the idea of trading is to put the odds i your favour and increase your probability.....taking trades that you THINK MIGHT have a chance is not honing your skills or ...

Trading Made Simple

Its a great trade....well done. I would however close it over the weekend.....but thats just me.

Trading Made Simple

Why worry about exiting.....LEt it roll I say.....at that level I would say you could probably take out your twice your intitial risk amount and then just keep moving your stops each new candle....maybe place it just above the ema....you ar on a ...

Trading Made Simple

"This may turn bad" This is a classic comment and one that leads to disaster. If thats what you think...why even consider entering the trade??? THis is pure gambling and hoping for the best. Everyone take note of this comment.....If you have even ...

Trading Made Simple

I think you are overtrading and trying to make up for your loss. Look at the last swing high how weak it was and you are trading against a definitive uptrend

Trading Made Simple

TP = 900!!! wow 900 is my fixed stop loss on all trades.....I usually exit once I am 2 to 3 pips in profit so my account will grow.

Trading Made Simple

To you and cashforex: Yep 20 pips a day consistently will make you rich men. In fact 1 pip per day every day will. But what is your risk?? Are your stops on the last swing high or low as per the system?? If so, it means you probably have stops of at ...

Trading Made Simple