My lot size is based on my account size. Using %R to calculate position size based on stop size.

The simplest question about MM

exactly. You are basically asking a question and asking not to get answers by people who have been there, and not to discuss the topics that involve the knowledge a trader needs to help be successful. So how do you expect to get the right answers(or ...

The simplest question about MM

i flagged it for a mod, when they get a chance Mike

Jacko's Forex House of Pleasure and Pain

thank you, for gmak hehe The better question if ever to be asked is, what is your systems expectancy. Now your onto a topic hehe have a great day all Mike

Actual Results?!?

I am staying out of this one, someone else can take the wheel

Actual Results?!?

man you pulled all those links up FAST! lol

Actual Results?!?

Well I personally trade two methods. The one on here is following the James16 method. The problem is, it is far from mechanical. So I may be making X% a month, but someone else taking the same trades is making 2X% per month. Just the nature of ...

Actual Results?!?

haha Sky, glad to hear you are finally having some "aha" moments. It is a great thing. Basically my answer is someone posting their pips is going to have very little bearing on anything you do. I might make 50 pips a month and be adding 7% to my ...

Actual Results?!?

yeah it is where I settled on(I tried evvvverything). I even got rid of the red. Staring at 4 monitors for so many hours, was really putting a strain on my eyes. The lime green is very soft, and I rarely ever feel that strain. I also make it a point ...

james16 Chart Thread

no problem bro, things can get heated with opinions involved (on my end also) Best, Mike

Forex Profit... Im sorry but... (10% per month?)

awesome post man.

How to be a trader for a company?

My answers in bold beneath then I'll bow out of here. Best, Mike

Forex Profit... Im sorry but... (10% per month?)

My example was just a simple view of a trader who has variable stop sizes(as many do). There are many times when I may have a stop of 100 pts, and the next trade a stop 1/4-1/2 that size. You are correct about how can one assume that trade number 2 ...

Forex Profit... Im sorry but... (10% per month?)

Cheers bud! I got the next round :

Forex Profit... Im sorry but... (10% per month?)

LOL, I am trying to help someone gain knowledge that they don't have that has been taught to me by successful traders. So I guess trying to help people is a bad thing now(especially since I have only a year experience right?). I never once said I ...

Forex Profit... Im sorry but... (10% per month?)

lol yep im 23 and know it all cause thats exactly what I said. You are right I am 23, I have only been trading a year. So disregard what I said. Still the fact remains that you don't grasp a concept why it isn't all about how many pips you make. ...

Forex Profit... Im sorry but... (10% per month?)

The guy was the one who started the thread. He is wrong period( I am just going to disregard your whole statement on "another great argument", because you apparently didn't read both threads all the way through-and if you did, best revisit them.). ...

Forex Profit... Im sorry but... (10% per month?)

I don't think it is silly, if someone can become more educated from a thread, even if the initial posts were not that similar. After all isn't the idea of this forum for people to learn and share knowledge so as to become long term profitable ...

Forex Profit... Im sorry but... (10% per month?)

Please re-read what merlin said. That is the answer. Those links were to bring you to the discussions of this topic(that initial quote was by someone who had wrong thinking about pips as well-hence where the debated started, even tho it isn't really ...

Forex Profit... Im sorry but... (10% per month?)

for this topic, about pips are not what matters try this thread... url and this url you can show zero pips at year end and still make money. best, Mike

Forex Profit... Im sorry but... (10% per month?)