Good morning! Review I did some trades yesterday. First I closed half of my remaining USD/NOK short position with a loss (covered by the win of yesterday) to lower the risk because my initial position might had been too big. Then I closed my long ...

From 10k to 1 million...

Same here. But nevertheless the trade has been filled now, so I don't care about any green "signal" candles. edit: Here's a screenshot to display that "issue"

"vForce" the revolution

Thanks forexjedi, I really appreciate it. I could imagine to use something like 1-2-3 swing high/lows (higher highs with higher lows) to trail the stop...

"vForce" the revolution

Last transactions (I've marked the change to my discretionary style with a red line where my last trade from the mechanical approach had been closed): image image image image

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I guess it's time to post my transaction logs again. Current account: image Open positions: image

From 10k to 1 million...

Review I sold my second USD/NOK position with a nice profit right before the ADP number which were pretty bad. Might be an awful sign for the NFP on friday. Nevertheless the stock markets rallied a bit but this might be only a technical correction. ...

From 10k to 1 million...

How could that be with a trailing stop of 50 pips? The local high was about 1.2591, the low after that about 1.2539:

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Ah yep... the good ol' "Abgeltungssteuer". Greetings from München!

(can) small accounts make a living ?!

Actually they work on it! It already runs on FXGame Beta. The good thing is that their trailing stop runs at the server side. Might be some weeks until this comes into the FXTrade platform.

"vForce" the revolution

Thanks for sharing! Would there be the possibility to add an eMail-Alert? I ask because I use MT4 for charting (and trade with another broker) and have it running on a VPS but can't access it from work.

"vForce" the revolution

Review US pending home sales dropped by -7.7% (expected: -3.0%). Wow, that was huge! The old risk aversion theme kicked in again and the Dollar was bought as there would be no tomorrow... The Dow went down as well but recovered a bit and closed with ...

From 10k to 1 million...

I have lowered my target for the EUR/USD long position to 1.2780. The RBA didn't cut the rate tonight, that was a surprise as the market did expect a 25 bps cut. Anyway the australian economy isn't that much affected by the subprime stuff so this ...

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Thanks for the warning. Looking at the charts I don't see a falling knife anymore. I think we have a very solid support around 1.25 but I'm ready to close my position with a loss if my view is wrong.

From 10k to 1 million...

Hi all, I'm back at the desk, feeling better now. Thanks for all wishes and thoughts! As I mentioned I'll trade this account discretionary now, so with a mix of fundamentals and simple technical trendlines. My strategy is simple: I use low ...

From 10k to 1 million...

Thanks guys, very kind of you! Yes I feel better and continue on monday. @qz10cq: Very interesting, I've thought of this as well. Do you use the 4:1 ratio (equivalent to TP: 40, SL: 10) or do you use another one? Kind regards - Xaron

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Ok guys, regarding indicators: I just don't like them. Maybe there are guys out there who really work with them. Personally I don't know a single trader who has used them in the long run - with the exception of some moving averages and such stuff. ...

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Have 10 years already passed by?

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I stick to that: Indicators are bullshit. Guys, I'm just back from hospital - caught a pneumonia. Will continue in march with my discretionary trading - of course without indicators. And Estrader: It's always easy to point to someone's mistakes. ...

From 10k to 1 million...

Sick again... I've got high temperature... Will continue on monday I guess. I've decided to stop using that pure mechanical approach and trade this account like my main account - completely discretionary. Might be more interesting.

From 10k to 1 million...

I track some Account managers with real money: url So far there are only very few who are worth to investigate further. Most of them just lose money... The link above is completely free so sorry if someone sees this as an advertisement. Mods ...

About managing of accounts