The basic thing that is missing from the discussion is that with more money you simply take on LESS risk to bring home the same amount of profit! 2.00% of 50,000 = 1000 1.33% of 75,000 = 1000 1.00% of 100,000 = 1000 As available equity increases the ...

As simple as possible: 00 level trading

Nope....comparison is valid ! A trader either trades 5 pips representing a risk of 2% to his/her equity or they trade 100 pips at a risk of 2% equity. I'm saying that I would rather risk 2% equity to gain 1% profit over 5 pips than the same ratio ...

As simple as possible: 00 level trading

The statistics for live versus demo in this thread would be very interesting. I know Udine trades live, FXEmpire trades live and I trade live maybe many more so hopefully those of us that trade live can give some useful hints along the way but in ...

As simple as possible: 00 level trading

That's the best post I've read all day. Not because of the mistakes you've made but because of the fact that you can see those mistakes and correct them. Excellent ! Masterrmind...........

As simple as possible: 00 level trading

That's $2000/week by trading only 4 lots per position. Trading only 5 pip TP's at 1% equity per trade by 2 trades per day over 5 days. Magic and that's only trading 4 lots........haha Masterrmind..........

As simple as possible: 00 level trading

I haven't been trading this method as long as Udine...obviously! But I can say in the time I have been trading this method that every day you trade on this setup the more you learn and the more you see and the more your confidence grows. It's ...

As simple as possible: 00 level trading

It certainly is Patron.........that's true. Masterrmind..........

As simple as possible: 00 level trading

That's right. Hence the reason for adding in the clause "applied effectively with market wit". Failing to apply even the best strategy effectively will simply lead to disaster. Apply it effectively and quite literally the world is your oyster. ...

As simple as possible: 00 level trading

Yes and isn't that what's important? Less stress, ease of execution and only in the market for short periods of time. Great strategy to apply as long as you get the direction right! It really doesn't matter if you have a 1K account or a 1M account ...

As simple as possible: 00 level trading

I am.....I'm referring to Udine's Method of course. Simple, effective, easy to understand and very easy to apply as long as you have market wit. ps. under the right conditions arbitrage trading works well but it's highly stressful and ...

As simple as possible: 00 level trading

See you later flx69 ...... and enjoy that ice cream! Masterrmind..........

As simple as possible: 00 level trading

Doesn't make sense at all to me. Might as well trade arbitrage strategies ....... provided you have state of the art technology and lightning fast execution speeds. This method works a whole lot easier and you only need a decent broker with ECN, a ...

As simple as possible: 00 level trading

I agree! hmmm Not remotely anything to do with Udines methodology.... Masterrmind.........

As simple as possible: 00 level trading

PM sent your way. Start @ Post 1, get familiar with MT4 and take your time to learn things step by step. Good luck in your trading journey. Masterrmind...........

As simple as possible: 00 level trading

All PM's have now been answered! Thanks Guys (and girls) as the case may be. Masterrmind...........

As simple as possible: 00 level trading

Yes I saw the exact same setup on GA the other day. It's very very powerful trading when it matches up. Masterrmind...........

As simple as possible: 00 level trading

Wow.....very nice ride down! Looks like I missed a few but ....well it was a good meal I had while I was out! Masterrmind...........

As simple as possible: 00 level trading

Nope no trades taken.......... Maybe NY if a good setup shows on the charts! ps. actually been away for the last few hours eating out! Masterrmind.......

As simple as possible: 00 level trading

Yes but in the end we adapt and keep getting stronger but once you get the stage on live trading then you will face your other "real" demons. Masterrmind............

As simple as possible: 00 level trading

Higher ADR's = greater opportunities = higher probability of making profitable trades = success! Masterrmind.........

As simple as possible: 00 level trading