Recent content by zoli

:) May be so. I actually left the default setting from the broker and it works for me. In that case I use a way more sensible leverage:)

I rather put it this way: correct usage of that leverage is (in my risk management style) : I have 10000 usd in my account, I never ever open a 700000 usd position with that small ballance, that would be a 7 lot line. 3.5 pip movement in this market happens whenever Bernanke blinks or farts...

Sure it would if I was that silly to put that large position. I always have pre-determined risk and I always use a hard stop just in case. In fx you do not need to worry too much about gaps like in futures. Yout SL order can get filled. So a 100 pip sudden spike sure erases my position if...

Hmm yes I see. The position must be sized reasonably. I started with 1:100 in FX and never had any problem, so I am still using it. It is true, though, that I always use carefully assessed position sizes and I think I never actually fully utilized this big leverage. I could have done the same...

By the way, could you please explain what you men by this: using 4-1 I just do not understand the expression. Thanks

Thanks illiquid Good thoughts. I think it is very important to the mental state to have profits coming. I will keep this in mind. I actually started to apply some of the advices given so far. I really see that although I am able to find patterns with potential, and able to find it often...

Yes, true for sure Murray. My girlfriend knows little about trading, only that he gets sick and wants to go to toilet when I tell her that I have am in the market and I can loose 2-3000 easily. And that is not even hugh money, yet it is close 6 times more someone makes a month in my coutry...

Hmm. Yet another valuable viewpoint. Thank you. That is why I started this thread, to have people put a mirror to my face. Anyway, yes, you are right. I read a lot and I think a lot, even too much. You guys are all very helpful. Funny, the frustrating is really that I know I can do this...

Thanks for your comments. It is true, for a longer TF trading an aggregate of price bars is a valid data. It is allways an aggregate of the lower TF bars anyway. I like very much to use tha cash+futures+etf combined! So you trade swing or position? Would you kindly direct me to a thread where...

You are sure right. the 500+ is rather difficult to test as I am trading the daily TF, but not impossible. How I rather understand it is testing myself as my method requires discreation, judgement. But testing me using my method is quite the same as testing a system. I am the engine of the...

Agreed. I am by no means discouraged, I still have my whole life fortunately to master myself. Because it seems that I need to master myself, as I alone make it or screw it. Interestingly, paper trading never worked for me. I had no fear and that is a part of live trading. Fear of loosing...

I do not know that book but the message is there all right. I rather believe in trading methodology as oppose to system. Sure, applying the method SYSTEMATICALLY is a must and I thank you that you highlighted this. I believe that I have a method, but as you think I do not have, I might as well...

Slightly unnecessary I think. Yet, thanks for your input. Z

Yes, that is very true. I actually did confirme that to myself a few times already throgh my records. I made mone when I left the trade alone for a while. It is intresting, that when I used simulator, and I used it seriously, I did some profitable trades, some losers ones. After a period I...

Hi 198, I congratulate you on your skill with the feel. I do not see this way, or at least, for me what is chep can become easily cheaper. I believe, that whether or not something is cheap has actually nothing to do with its past price. That just come as a false suggestion from looking at a...