Recent content by BTStrader

Develop a good plan and stick to it. Very simple, but not easy.

That website is an excellent resource! Thanks for sharing.

Who the hell cares what you think?

www.stockfetcher.com

You did not mention anything about how you are exiting your trades. Entries are not as important as the exits. You can make money by randomly picking stocks, as long as you have a sound exit strategy. Someone mentioned Van Tharp's book. I would second that recommendation. It's very good...

maji, Thanks for correcting my ignorance. I will look into this more. BJS

hardyards, I haven't really looked into CME futures, other than the fact that it seems to me that trading futures is basically trading options, and I haven't had much luck in the past with options. What are the advantages of CME futures vs. spot FOREX? I'm never opposed to learning something new.

I can't believe nobody has an opinion on this. Too busy counting your money from yesterday?

It varies. If you live in the U.S., I think each state has its own rules about this. If you go to Interactive Brokers, they have an account type called "Friends and Family Advisor" account, where you can manage other people's money. They say you need to contact your state to see what the...

I have been training myself in forex for the past couple of months, and am ready to open an account, but I'm stuck in deciding which one. I started using OANDA's demo platform, but have recently been using Metatrader through StrategyBuilderFX. I like Metatrader much better, and I see that I can...

www.stockfetcher.com

Thanks for the comments. So maybe look at the ADX first to see if the market is trending before you enter tunnel trades? I have also thought that maybe you could look at the next higher time frame to get the current trend (e.g. if you want to trade the 1 hour, first look at the 4 hour chart to...

Does anyone use the tunnel method for Forex trading? I am still in the learning phase of Forex, but have tried this method the last couple of days with pretty good results. Vegas recommends using a time frame of 1 hour or higher. But I was having success this morning with 1 minute and 5 minute...