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yes, it was mini lots, so stop blaming my holy math skills. Anyway I agree that my explanation was a little bit on the illustrative side, but I was genuinely looking for some constructive criticism(not on my great math skills though).

exactly. However trying to remember the proper use of % is as has hard as remembering which direction east and west is :/ Still havnt learned it after my economic degree....

Fundamental= the long term trend technical= the wawes around the long term trend. Techical trading works becasue many other use it. One illustration of that is, pivot points. If no one had believed in it, these critical points wouldnt have appeared.

If you use, 1.25 lot, and stop loss is 10 pips, and account size is 15k, then a loss would equal 125/15000= 0.0083% of your total account size. I cant see how you could lose all your money in an instant, since you would have to lose: 15000/125= 120 times in a row to blow your whole account...

Which one do you use? Mine is( I will try to explain Mine): If i for instance had 15 000 dollar, and traded with oanda, which offer 50:1 in leverage- each trade would then be 2.5 lots and: take profit =5,Stop loss=5. If my TP=10,ST=10, i would change my lot size proportionaly to 1.25 lot...

Rcfaniel: I dont know what the banks are doing, if they are intra day trading or swing trading. But goldman sachs paid aproximately 16 billion dollar in bonuses to employers last year.that would be about 644 000 dollar for each employer(they have about 30500 employers) Im raping the market...

Here is a picture of my profit/loss report for a random picked day: http://img142.imageshack.us/my.php?image=ddhn9.jpg

and honestly, it isnt that hard to time your trade right to get 8 pips each day. If u win 3 times and lose 1 time, u will have 6.4pips. In other words a system with 75% chance of winning with the given premises above will generate about 630% a year. The only reason why the return is so...

Lets say that you have 7500 dollar in your forex account, and use 50:1 leverage. You only make 5-6 trades each day, where take profit is 5pips and stop loss 5 pips and you use oanda who has 1.2 spread on eurusd. so each winner is 3.8 and loser 5 pips loss. And u trade 2.5 lots each time...

OQO Model 02 is very interesting. But i cant seem to find any place where i can buy it. One thing that worries me though is that the fan is said to be noisy. I would like to have this with me and turned on while im having lections and meetings etc.

Im looking for something very small like a cell phone to browse the web and execute trades. So i guess it needs to be able to play java applications, since most platforms are java based( im going to use oanda as a broker and their java based platform) Will iphone meet the criteria or should...

How many percent of traders lose money while trading stocks? Is there any well known number? I've only read a survey that showed that 90% of "day"traders lose money.

Dev: thanks for the information. It sounds really promising if i could fully aoutomate my trading strategy with tradestation using easy language,since i use a lot strategies that I've come up with. One thing worries me is whether the strategy can take into account fundamental factors.(i guess...

Dev:What kind of program/platform/software do you use to automate your trading? Esignal,prosuite or tradestation? Well i guess my strategy could be codified,but it would be quite complicated. Which automation software is most powerful and diverse? And is it possible to trigger signals that...

I've only developed an intra-day, semi scalping strategy where a position is only held for 1 minute to 8 hours.. It is profitable, since one can more easily harness the benefit of leverage with the increased risk control(tighter stops) that is given to you when you are intra day trading. On...

Yeah, i thought it was too good to be true. So in the end, there is really no advantage to this method and one cannot increase their probabilities in anyway through some money management techniques? And i dont really understand how you can modify the tp to wap, and why one would do that...

Acronym: Thanks for ideas. yeah you could of course reverse the trade. Well my ideas are obviously not elaborated enough

Well, 0.001% is obviously too conservative. You will just have to find the optimum level, or a risk level that you can be confident with.

well, that obviosly depends on how much leverage you use. If 1300dollar is 0.001% of your capital, you could sustain 1000 losers in a row.