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i have learnt that trading anything but day does not fit my financial needs....risk i can specify and control

agree just trade sensible size is my idea of risk management.....nothing fancy [risk management] but size is all important to me.......not too small or big. maybe it is a get poor fast scheme. i have also learnt that many times no trade is the best trade........there are many times discretion...

he can only do that if he knows where he wants to go

indivudual coaching is overrated unless the individual knows exactly where he wants to go....most do not know so he can only follow the mentor somewhere....and the destination may not suit him

maybe but you did not mention that in your post

does your broker allow hedging?

i cant..........

Pepperstone...........if you are not a American resident they are true ecn i used them for 10 years ...........their razor account is the best

:D:strong:

profitable trading needs edge, large or small...which the majority do not have so they lose. and this is an observation not advice like an idiot american says

i am discussing not giving advice.......all you americans are idiots

TRADING SMALL and more often only makes sense if you have an edge............most beginners do not have that so if they trade more they will lose but more slowly.

racist comment

this is a place for discussions....so you can discuss anything..... so you are as much qualified as anybody else here to post your insights.

i am not advising anybody......i was replying to a post.... it is a discussion

that is my decision not yours

damn right. over trading is bad if you do not have an edge.........and in that case, wtf, are you doing trading? all beginners should over trade to find out if they have the edge......if they lose quit or work to find an edge. after 14 years of losses i am still to find an edge..........not...

to be fair that does not discredit Brooks..........after all 95% of all traders lose and that figure includes many other teachers as well...... and if i made 'any serious usd' why would i provide proof...? except to the IRS. not everyone wants to tout for clients

why would anyone sell a profitable 100% rule based system...? we all know what a good system will make in $ terms. why gift hard work away

it is important a trader develop their own style that suits their unique personality and needs- trading is the only money making activity that affords this customization and was what drew me to this highly difficult activity