Correct Giansar. Trade setup must still be valid for this to be of use.

Secret Way to Bet Against Yourself - Become the Guy Who Takes Your Money

I read this somewhere on here a while back. This is a great exercise. Combats overtrading with fewer entries, gives better discounts on prices, and decreased losses.

Secret Way to Bet Against Yourself - Become the Guy Who Takes Your Money

video

What kind of music you hear while you trade?

Your father is correct based on your description. For now, being new, use a stop every time. By basing your method on limiting risk you will be in a position to produce limitless rewards.

Help for a newbie - should I use stops?

Ya the market will never be the same. Backtesting shows what the market did and what was optimal at that point in time. The future outcome of trading this methodology (or any other) will be unknown no matter what.

Winning TP / SL ratio

Get good at entries and once the trade moves in your favor, set stop to BE. Limit risk, never limit reward. Keep doing that across forex and you'll have a nice diversified portfolio.

Winning TP / SL ratio

Nothing is guaranteed but it is very possible to have a strategy like that which works great.

Winning TP / SL ratio

I said my personal experience about equity curve volatility decreases as time goes on. I didn't say per day. Its intraday charting. Some days are near impossible to trade profitably or its not your fault when a trade loses. I think you're describing ...

Building an equity millipede

Saw them a few months ago. >:]

What kind of music you hear while you trade?

Explain how equity volatility would be so much higher with more diversified long term trades across the market than with limited profits on intraday trades. My personal experience is the opposite. I believe the exersise is for new traders to get ...

Building an equity millipede

Hey Chicky, thought I'd contribute my 2pips. 1: Yes the market does. In the last few months I've caught some 1000+ pip moves which I'm still in with 20-50pip risk involved since anything more proves my analysis incorrect, yet will allow me to ...

Short Term Vs. Long Term Trading

Take the day off Tyler. Reeks like smex in here.

Smexy Trades

I can see BoJ intervention before SNB. My to do list tonight: Prep for JPY intervention. Until then.. down down down

Order Flow - Achieving the mindset

Ah you just closed it her out. Awesome trade. "I give it a 10.. a 10! A f'n 10!"

Smexy Trades

Gotcha. Thanks

Why exactly do EMA crossover systems not work?

im bored, but not that bored — Any indicator that derives its formula from current & past price cannot be a leading indicator. This what you guys are discussing?

Why exactly do EMA crossover systems not work?

Watched this vid a while back. It is sickening to imagine. I think traders need to have that feeling at least once in their career.

Video of someone losing $30k real money - You don't want this

I just got an alert tonight to get on E/U. So I'm late to that party. lol I've got more on G/Chf and U/Chf than E/Chf

Order Flow - Achieving the mindset

Got a couple buff legs running?

Order Flow - Achieving the mindset