Man Proximus I knew you were a gekko fan but to quote him? that's on a whole other level. But wall street was a mildly entertaining movie I can say that much.

Do you believe this market is random?

That's the whole point Supra, they want to be flat and stop the bleeding of money, and wait for price to come back and close both trade. In my view you should just take the loss and move on, but some people seem to like the strategy.

Hedging vs Stop Loss

Hahah Adal you're funny man, it might filter some but not 95 percent that number is too high. I think maybe 60 percent would be a more accurate figure.

Hedging vs Stop Loss

You sir are correct, are they simply don't know how to get it. I am not revealing any of my secret until I am a millionaire, and by then the greed might be so much in me that I might be even less incline to reveal anything. Forex sure is fun

Do you believe this market is random?

Sure is a lot of information, and I love it. The market actually reveals itself quite well.

Do you believe this market is random?

My grandfather told me long ago that things are always easy for those who know how to do them, because you already know, but for everyone else it is always hard.I read some of those wall street books too but they don't give the most important ...

Do you believe this market is random?

No it's not quite that simple, you are going to realize soon that 2 traders could have 2 different ways to define a bullish candle. It's up to you to decide, in the classic sense it's when price has broken out of a range or on opposing pressure ...

Do you believe this market is random?

That is very advance information and sorry but it's not something i think anyone is going to give out on a forum. But I will say this, a lot of the times that an order is placed, the currency that it is place on is normally the last one to trade, ...

Do you believe this market is random?

A candle stick is a period marker. For example a 4 hour candle last 4 hours and starts every 4 hours, a one minute candle last 1 minute and a new one starts every minute and so on. Hope that helps.

Do you believe this market is random?

I see your point but whether it's true or not doesn't really affect me one bit. Just passing on something that someone said nothing more nothing less.

Hedging vs Stop Loss

Why would I say something that's not true. He said so a few days ago.

Hedging vs Stop Loss

That's one of the draw back for sure. But some people seem to benefit more from the psychological effects that it gives, and if that frame of mind helps in making better decisions then it must not be ruled out as something that has use. I will ...

Hedging vs Stop Loss

Rap I think you're sell yourself short man, you're style is an advance style and is not for everyone. It might not be because they don't want to watch more than one, maybe there style is made for only one pair. But I advise anyone to take Rap's ...

Hedging vs Stop Loss

Lol I guess that's a very diplomatic answer I have no rebuttal. I don't agree with all you say, but ama leave it there.

Hedging vs Stop Loss

Another confirmation for me that I am doing something right. I guess you get a feel for things once you do it enough. This thread is gold.

Is anyone here an institutional trader?

Good Advice man, actually it's great advice, using retail sentiment against the big holders. It's always nice to hear guys from the inside confirm something that a lowly retail guy like myself use sometimes. Keep them coming.

Is anyone here an institutional trader?

I am not making an assumption at all, I am just saying that two position are harder to get out than one That is not an assumption it's fact. And some trading styles are superior to others that's not an assumption either. I never presume that ...

Hedging vs Stop Loss

Like I said it's tricky, heck you can even end up and lose both trades. Getting out of 2 positions is harder than getting out of one. In my trading style If it doesn't move my way in 2 candles I close the trade so It never fit for me. But some ...

Hedging vs Stop Loss

It's an advance thing to do and shouldn't be tried by someone who doesn't know what they are doing. To pull it off successfully you have to be able to know when the market has gone against you, by using whatever method you use. What the Hedge does ...

Hedging vs Stop Loss

it's true but one way is more complicated than the other and takes more skill.

Hedging vs Stop Loss