Recent content by craig

Put some more money in my account! I personally dont like the idea of it and would rather see it stay at 100:1. It wont affect me though i risk a fixed amount per trade and never over leverage myself. After the dust settles i see it being 50:1

Thanks for the reply, while i actually agree with a lot of what you have said I think we will continue to disagree about edges. I think where the issue my lie is the difference between a system and a method. I have never been to any of the sites you have mentioned but i am going to take a...

Can i ask you a couple questions? What do you consider to be a "serious trading edge"? Are you referring to a certain % win rate? Or could a system that had a 55% win rate but whose winners were much larger than the losers be considered in YOUR interpretation of an edge? The second is a...

First off thank you for labeling me as an individual who has "little clue" about trading. This sort of forum talk seems quite common here at ET. Maybe statements like this make you feel powerful and in control i don't know, but whatever the reason they are destructive to the forum name and the...

Once you find it, you will understand that it is not. There are many winning systems out there. The problem is that most new traders only try them out until they get a few losers, they then throw that method/system in the trash upset that it was not the "Holy Grail" and move on to the next...

Yes, and some will do BOTH! :D

Hmmmmm..... How come i could give a proven winning system to a new trader put it on the table and explain everything to him/her walk away and i will bet a $100 bill on it every time they will still lose?? I stand my ground an edge means nothing!

College is like trading and life in general. You will get what you want out of it!

Nobody wants to hear it but it's the TRUTH! There is a damn good reason why many fail in this business. Paper trading for a few months means only that you have found an edge in the market. Finding an edge is pretty simple and quite often done. The real question is can you control your...

I am starting to find that the main drag on my trading performance is overtrading. Quite often I enter a position or close a position for psychological reasons beyond coviction in a trade. I have figured out a few specific reasons: 1) Boredom, I want to have a position on most of teh time...

you would need to trade .9 standard lots or 9 mini lots to trade AUD/JPY at $10 a pip. http://www.goforex.net/pip-calculator.htm

Pring on price patterns by martin pring Trading in the Zone by mark douglas The new market wizards by jack swager Japanese candlesticks by steve nison read all of these books first and apply both the Technical and Psychological side from these books. You will at least have a...

Who cares? I do know EXACTLY why the markets move though! There are either more buyers than sellers or more sellers than buyers. Its as simple as that.

Divergence will Kill you in a trend! Guess why? hint: 12,26,9

Your exactly right my friend! You have said it yourself, The only difference in PA from lower TF's to higher TF's is the fact that support and resistance are not respected as well which in and of itself makes its less reliable. Am i wrong? And if the way i wrote made you feel "put down"...