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    backtest for 3 years, blow up in 3 days,

    The chance is only 10/(9 x 365). Because the rainy days, and dates has no fundamnetal relation to John's behavior as far as we know. -it is a very good example how can mislead, distort the estimation if we taking into account unrelevant facts. "Unrelevant facts" like indicators based on...
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    What I Learned My First Year Trading

    at a certain time in a certain stock or commodity can be winner a long trade and also can be winner a short selling too. it is all about the timeframe makes the difference! Choosing the best timeframe appropriate to your system and your margin (capital) is my first reveal.
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    Trading and having kids

    Mate, I also thought that I can watching my child and day trading at same time. But I dropped that idea, becuase it is impossible to be in focus both of them. You should trade at the opening and closing breaks only ( 1 -1 hour/day), and got someone who care about the childs for that time. Or...
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    Trading support/resistance

    I prefer momentum trading, but as far as gess the S/R swing trade based upon that at uptrends (e.g. daily charts) the supports are more likely not be broken in one timeframe bellow (e.g. hourly charts). And vica versa for downtrends. So trade in the direction of main trend only with tight...
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    Turn losers to winners

    Reports says that ~90% of beginer commodity and forex traders are blow out within 1 year. What can be if someone bet against the beginers all the time and has a chance of 90% to double his equity within a year? Only need to know the position of that poor beginers. what do you think?
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    Advice for New Traders

    1. keep track record with comments why decided to trade that specific time. Learn from your mistakes and favours. 2. Have a strategy based on business logic (plan-do-review). 3. USE STOP LOSS ON EVERY TRADE. 4. limit your loss not more than 2-3% of your equity. 5. see the market in 2 or 3...
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