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it seems we all have our entry rules,but what really matters is how to deal with a trade "after" entry .what are the best money management /risk management methods in our opinion ?

i think a system drawdown is the most important factor .and capability of generating profit is the "least" important item . consistency & a smooth equity curve is much important than big profits.why ? because big profits need big risks and huge drawdowns .when you stop losing money very fast...

discipline ! yes that's right but , discipline for backtesting a huge huge amount of data . market is same market as it was 50 or even 100 years ago .because human make market price and overall emotions never changes .it's like a fractal.it repeats itself but it's not exactly like yesterday

nowadays even Shanghai emerged as a new hub for trading gold instead of LME. Frankfurt may be a more robust financial center after Brexit

MetaTrader is a Russian platform designed for low speed internet connections .mostly for FX. but connecting to CME data quotes via MT is impossible. even chart candles of FX counterparts in MT & NT have different shapes and a little difference in price (up to 2-4 ticks ) . i used both . MT &...

are you kidding ? always price comes back to previous high / low and test those levels where novice traders have put their stops and goes through them for a few ticks . the zones that most of traders put their stops are like a magnet. it absorbs price and you 'll be stopped out !

i was never successful at using ATR as a measure for defining stop loss . because volatility increases & decreases . but i'd rather found "optimal" stop loss is by backtesting thousands of samples within different years ( at least 5 different years) . in that way you know optimum numbers...

because some stuff are objective and some are subjective .there are lots of exceptions which itself generates another exceptions too .at the moment it's impossible .

patience is mandatory for trading and meanwhile a trader should do something to kill time.it can be reading posts on ET as well as a vacation

you are right , i said active trading which may not be a good word. i meant day trading .one of Singapore trading gurus who holds a CFA doesn't use fundamental analysis at all & instead he uses technical analysis .

i look at a few bars right after entry . if it was going in my desired direction i will keep position open. otherwise i move my stop and make it break even .adding a breakeven scenario can turn an ordinary trading system into a good one .i think what we do after entry is much more important than...

ok.how they use CFA fundamental analysis for active trading within a day ?

even those who hold a CFA certification don't use it for active trading .

Lenovo Yoga tablets are ideal for trading . you can hold them in hand while walking and use anypen technology in them . i can plot my charts with my car's key while i'm walking .it supports 4G internet too .

in the book "trade your way to financial freedom" he states minimum of 100 samples which is not sufficient at all .maybe at least a thousands in different years may work.he insists on trading psychology which means he encounters lack of enough backtesting .also he underestimates how long does it...

thousands of backtests resolves psychological issues in trading .when someone speaks about mental pressure of trading ,they actually speak about lack of enough backtest .Dr. Van Tharp underestimates number of backtesting & he claims 100 of samples would be enough .that's a joke :) however after...

if you encounter lot's of spikes, it may mean it's suitable for pullback trading

general concept is like this : always trade in direction of higher time frame with one exception , if in lower timeframe there is a confirmed opposite divergence ,then you can trade against higher time frame .

yeah, lot's of spikes on 5 min .however u don't use it anymore and i did exactly same method as you !

albeit less people vote to trump in polls ,chance of his win is not lower than Clinton . just like Brexit , everything is unpredictable .