Please explain how you have 8 pips of movement when your stop is 5 pips and 3 of that 5 is spread.

Absolute Simplest KISS Method. Also, how do we measure risk reward?

So you're going to enter a trade with a spread of 3 and a stop of 5. So you have 2 pips movement? Are you trying to fail?

Absolute Simplest KISS Method. Also, how do we measure risk reward?

Andersenws, I think you're one of the few people that actually puts in the time and work to become a successful trader. You have the ability to change your perceptions as new information comes available to you, and I believe this will make you a ...

I Found my Problem!! (under trading)

I totally agree with you. Those "rules" are not engraved in stone, but it is in the majority of people's interest to follow them. I believe trading is what you make of it. If you want to be the first trillionaire, then you should be looking into ...

Determining Risk

Itme, that's just my personal opinion. I can't personally trade through an 83% drawdown. I can't mentally cope with the fact that a $10,000 account could potentially be at $1,700 at any given time. I would give up. That's just me. Like I said ...

Determining Risk

A martingale betting system is what you are referring to: a scheme where if you incur a loss, you increase your next position value. It's an attempt to recover from a previous loss as though it never happened. Only people who have a really big ego ...

Do You Ever Double Down?

I double down in blackjack depending on the cards. Does that count?

Do You Ever Double Down?

I guess I don't understand why people arn't happy with growing their account slowly. Maybe you should play the lottery with your small gains.

What's next if you had a profitable EA?

Hey Steve, this was the first system I ever saw when I started trading forex. I'm not going to tell you it's garbage, but as I recall it was unable to be throughly backtested due to one of the indicators it used. I don't know if you're just taking ...

How do I read the LaGuerre indicator?

Take what money you have left and buy some mutual funds. When you're ready to take trading serious, you can start again.

what would you do?

If I had a successful EA, I would trade it.

What's next if you had a profitable EA?

If you relate volume with range, this will help: http://www.forexfactory.com/forexforum/showthread.php?t=5425 If not, it won't.

Which pair has the more consistent volume?

I don't need assistance, thank you though. Good luck with your book.

What is your favourite indicator and why ?

Good article.

A Short Memory Is A Trader's Best Friend

I want to share with everyone why I am such a "jerk" on this forum. I think it will be a special post #500. When I started out trading forex I was a complete idiot. I knew nothing. I started threads asking people if they traded specific systems that ...

Determining Risk

I agree with you richp. Another thing that is difficult, besides trading uncorrelated pairs on the same system, but trading different systems altogether. Trying to not only determine each indivdual systems drawdown for each pair, but how each system ...

Determining Risk

Dude, there are like 50 lines on that chart. How can it NOT retrace at one of them? An indicator that plots lines every 10 pips or whatever indicates nothing. It's just easy to post a picture and say "hey look it works!". Cmon. I actually bought ...

What is your favourite indicator and why ?

I agree with you to certain point Itme. It would be great to be able to determine acceptable drawdown based on quantitative reasoning, but it's not easy. For example, this is an actual net profit curve of a system I developed: image If we were ...

Determining Risk

What if you stop posting a dozen threads that make no sense?

Here's a good idea on trading...what if

You don't care about what a good trader can lose in one day?

Percentage return daily