Search results

yes i use a wide stop since a tight stop make me nervous but like i said if the market goes below a pull back i reverse i was referring to study as a whole and the jokers like elliot wave gann fib order flow

what do you need to study? if market goes up corrects and then breakout again.... you have a trend...buy and if it breaks or goes below the correction, reverse. anybody who does research/studies is an idiot......i know this from personal experience because i did that for decades. now i study...

yes of course that is why i too nver used stops but a novice trader does not have the experience to withstand a drawdown of that size and you are forgetting the emotional stress of seeing a position go against you for along time. of course you can argue that you are eventually correct...

unless you are perfect in your market read-or you trade options- you need a stop. stops fix your loss and what you pay for the option fixes your loss, should it occur it took me 13years to get my read correct and i lost money all 13. that is quite a high price to pay. and even if you are...

that is per year?

i do not agree

this is the best thread/ post i have seen in ET i love this you have really exposed something how about beating the market or benchmark....if they did it consistently that would not be luck................what do you think about that

good one that is a fantastic point yes trading is not about making huge money.........an edge will give you steady profits.......on the casino model

that means daily time frame i think that makes sense........

nothing to with thread topic but i found aud gives very clear trade signals ....gold gives signals which are vague but very profitable if you get it right with i aud i just take bigger size and smaller stops..........so that makes it up

i did notice they went opposite for a while....because i used to take positions in both.......but that changed....so if it is there it is not obvious

i was hoping you guys would do all the work and give me a one line answer:D

sorry mate i do not know how i missed your post in forex most brokers do not charge commission ..it is only the spread it is easier to screw you that way because spreads will mysteriously widen to take out your stop

why not simple stuff in an uptrend..buy put stop below the low.... in a up trend all resistances break/fail.....so the resistance is NOT the target...do not exit there many exerts say resistance is the target: nothing is more ludicrous in a sideways market it makes sense to do...

hi i am from hyderabad........ i do not understand anything about coding or the meaning of trend model. so forgive me if this is off topic i trade mostly forex...and if you want trending then forex is it. it is the easiest money i have seen

i think the most common and simple startegy/trade is ...buying near low,in an uptrend, betting the resistance will fail, which it almost always does....if it does not fail and the low does then the trend has changed at least for the short term it is an observation... .you can see traders sell...

did a few trades without posting here here is the summary so far.....PF 4 is the highlight

closed all

long audusd long gold see chart for details