I'll do next week. Have to setup this stuff correctly.

From 10k to 1 million...

Yes, you're right. Of course it's not a good idea to let positions run forever (losing ones). But using hard stops has never worked for me that good.

Stop loss in trend trading

Thanks guys! @Jack: That's a good idea to take some money off the table. Actually I plan to do something like this. Maybe just withdraw 20% of the monthly gains...

From 10k to 1 million...

I agree.

Stop loss in trend trading

Transactions follow up — Transactions from last week: image image image image

From 10k to 1 million...

Up a bit... Account: image image

From 10k to 1 million...

While I'm talk about China, I was wondering if you all caught the interview on Fox (I didn't, of course, it was pointed out to me by a reader!) where U.S. Rep. Mark Kirk, was interviewed and asked questions about his accompanying U.S. Treasury Sec. ...

Gold Discussion

Well yes. I mean almost no orders around the current price before the news.

How do i trade using news?

I'd say almost no orders in both directions.

How do i trade using news?

Looks like small winners but a big SL. Or martingaling...

Do you still believe in the perfect trading system?

Ok, just a question. Why are there (sometimes) such huge spikes during important news?

How do i trade using news?

It's just my experience. Believe me. I've seen many traders claiming they can do it. It was possible a few years ago, but that was just exploiting the latency of some retail shops. But maybe you can prove(!) your statement? I only know: The big guys ...

How do i trade using news?

This doesn't work. Actually there are no "news traders" out there. At least not successful ones.

How do i trade using news?

Don't trade the news directly, ever. It's just unpredictable. You can trade the fundamentals (like I do), but actually it takes some time to get through this. And it's more long term trading, so often no intraday action.

How do i trade using news?

20 pips a day doesn't say anything. Why people always look at the pips?

$500 Account - Salary + Retirement Plan

Looks like where I live (Bavaria).

Best place in the world to trade from?

Euro: 1.41 Aussie: 0.8250 Silver: 16.00 (very long term)

EURUSD

I just went short. Yes, I'm the Euro bull went short. But as usually with a very small position (0.5:1)... I'm still long in the Aussie and long in Silver.

EURUSD

You are right and FF is right as well. The problem is that currently the fundamentals don't work that way. Actually I don't think it was that news that did let the Dollar gain today but simply profit taking because today is the last day of the first ...

Trading the News: CB Consumer Confidence

Yes, that's only limited to US.

Trading July 3rd