I agree with this 100%.

What do you think the best Stop Loss is for daily trading? I say...

I like your strategy buddy. Good job.

Method BB (Final)

A couple of times when i've told people i'm a trader they think I said traitor.

What are we called?

Not 100% trading related but I think it's relevant. — The big one for me as far as life in general goes is when I figured out that advice from other people is usually worthless. People toss around advice and usually they're talking out of ...

What Was Your "Ahaa!" Moment

Depends a lot on your style but I think if you're trying for a reasonable shot at catching a trend for 500 then you need atleast 30 pips of wiggle room on the EURUSD. Im just talking out of my ass though cause i'm not a long term trader.

What do you think the best Stop Loss is for daily trading? I say...

Another option would be to take partial profits. Lets say you've got 100,000 units in a trade and you're up 50 pips. You could do a market order for 20,000 units in the opposite direction and you'll shrink your position to 80,000; locking in some ...

"Exits are where the money is."

Realthing, great post buddy. I'm reminded of the movie Star Wars where C3PO tells Han Solo the chance of successfully navigating an asteroid field is 641453756 to 1, and Solo replies, "Never tell me the odds."

Living Off Fx

I'm 16 months into it and i'm making a little bit. I lost my first two accounts. I'm a good ways away from trading for a living.

making a living

I take all my trades off the 5 min. but I still check out the daily chart.

The Daily charts are KEY

My big Aha moment was when I first saw the video for "Take on Me". It was so rad...

What Was Your "Ahaa!" Moment

Shrewdness and cunning are more important.

How important is a knowledge of maths?

NM

Challenge - Oanda contest

I've got 102 trades for day one of the contest but really it was only 8. I break my entry up into pieces. I might enter 11 positions to get into a trade and then i'll use market orders to exit, so if I got 11 entries i'll have 11 exits. It looks ...

Challenge - Oanda contest

I've been wondering the same thing. It's supposed to tally everything at 00:00 hours.

Challenge - Oanda contest

It looks crazy to me too.

Challenge - Oanda contest

30 seconds to 45 minutes. I'm working on a longer term strategy to go along with my shorter term stuff.

How long do you hold your position..?

If I was doing good trading the GPBUSD I wouldn't switch to the EURUSD because someone said it was better.

EUR or GBP Which is the most profitable pair for a Novice

Only the EURUSD.

The Pairs that You Trade