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Never use trading as a way to fight your personal battles. Win your battles and you'll win at trading too.

LOOOOOOOOOOOOOOOOOOL LMFAO! GODDAM BEST POST ! :D

what would be cool is if they would let me use a sub account just for margin purposes.

no really now... i realized this some time ago when i was exhausted with rules, formulas, systems, indicators... the whole lot... we are rationalizing too much on something that is quite irrational. be like water... read price and try to gauge the mood of the people that the market...

I think Bruce Lee would be better at this. One rule: Be like water ! :))

rules.... i could come and dismantle them one by one (except the stop part) but it's not about this.. it's about the fact that trading profitably is not related to a set of general truths... think about it.

i saw that. thanks for the input :)

however, i can give you a practical advice. If your strategy worked better in a low volatility env, try using it on a much lower timeframe than you would normally use it. when volatility is higher, the markets are usually more cranky and the action "speeds up". It's then that you need to...

you have to understand that most strategies correspond to certain market conditions. by strategies i mean systems that rely on a fixed set of rules. however, the only "strategies" that never go out of order are the simple ones based on price alone (reversals at S/R, buying retracements into...

Only a complete noob would think what the original poster wrote. (no pun intended. maybe you rushed) An experienced and mature trader knows that he might not be right and knows that proving right/wrong on a call or two would be useless and wouldn't help him at all. Therefore, MOST mature...

:) i was thinking about DB too..

btw.... just for fun.... what the heck do you do with 10 mil or worse, 50 mil $ ... who do you operate with?

why would you sell a breakout from a positive consolidation? can't you wait for signs of weakness first? gee i'm not saying your trade might not work out well, but doing this kind of stuff over and over again is self-defeating... you risk too much plus probabilities are stacked against you...

Surprise creates panic. Panic creates profts. It's up to you to decide whether the trend is the surprise or is it the reversal. You play surprise in a different way than the way you play the obvious.

i also have doubts that Oanda would not be "honorable" (and this is a better term) since they ARE the industry... I have accounts with FXSol and never had any problems with them. Withdrawals took about 1 hour to reach my bank (from US to Europe) and i'm not talking about small sums here. So if...

fahgettaboutit.... we can't know a forex broker's honesty or dishonesty only after (if) they go kabang like refco... so... just make sure your money is safe with u and use the broker in your advantage the best you can...

hey. i don't care if they are "honest". My account set up with them is like a kamikaze account where i take large risk (10%) with a very small account size (4 digit) i'm in for their spreads, baby!

i don't work with oanda charts, i just use them as execution on this account. i established it to make smaller, faster trades, exactly because of the spreads... mostly in the european morning. heck, i'd phone my orders if I could... I am not a big fan of technology :) really, i am not...

right you are ! :) checked and it works... i was used to lots, but this really puts new stuff into perspective.

Hey I posted this question on a sepparate thread too. Can you cover part of your position with Oanda (say 5000 out of your intial 10K position)? FXGame doesn't allow me to do that and this is important to me. I want to open up a smaller acct with OANDA.... Alex