PA dragging its feet, too slow for a CT trade ... did make a fast move to 1.0772 though... out @ 1.0741 for +17 pips and flat.

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Quick counter-trend action here ... unless it makes a jump for some reason , will cash in prior ... Would rather short but since we're late and into the cut will be staying with this for now but mindful of the level.

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long 1.0724, keeping tp open and sl @ 1.0624

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lmao

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So after all these nice beautiful words ... what position are you exactly taking?

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Sure is ... ask and tho shall receive ..:-D... trick is you should know where to look beforehand.

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Couldn't agree more ... if that doesn't prove that very simple fact -- not once , not twice but many many times -- I don't know what will

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In shorts on break ... smooth -- this one was a no-brainer...

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They may be il-liquid trading hours if that's what you mean but certainly not closed , not throughout the week days.

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You can't go wrong doing that. Anything that gives structure is a plus. For instance , as you know , I trade options and have the choice to trade it and spot fx from the same book but I chose to seperate them ... Redundancy in this instance pays ...

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Here's a truism I've come to respect -- especially in FX markets (not so much in other markets): You can't protect or take profits in an optimal fashion with the same method or system you took the trade. What I'm saying here is , you need to think ...

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FX futures coming of age ... you can trade respectable amounts there , but still arbitrage distorts fills if accuracy is an issue .. Mostly people make a lot of money in trending markets and think they're geniuses and get torn apart in choppy ...

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See that's the problem with small amounts ... the brain doesn't take it seriously , there're certain thresholds that capture attention ...

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That's specific to each individual, everybody has to decide that for themselves ... there's no generic answer to that.

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Exactly , managing winners is a lot more difficult and more important than managing losing trades ... especially if it's an outsized profit and you don't plan to cash it out or you have to continue trading ... that's a challenge right there that ...

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I could tell you that but then I'd have to .... lol ... No ... all I can say is this ... the dealing system I'm trading on isn't based on lots ... fair enough?

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$500 accts and demos one and the same thing since both orders don't see light of the day ... and agree on opinions from someone trading big lots carries more weight than nano-lots.

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Agree with the premise of what you're saying Ken ... but size definitely matters , it affects execution and other things so it won't be the same ...

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20 isn't big ... but why not start big since risk is lower starting out and lighten off if things go wrong...

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So ... What size you putting on big guy?

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