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you are new here but are you new to trading.....?

Do you want to be a market guru or you want to make money trading? No I am deadly serious.

nowadays because of technology you need not lose money. just try it on demo or put 10 usd in a live account and try it out live

if this is BS then what is not BS?

books are theoretical and you will lose yourself:i read my first book in 1994 and about 10 a year since;that is a lot of money spent. I then discovered the internet and it was like 'Alice in Wonderland: a land where you find tons of FREE information. It will really set a firm foundation and...

yep this will work i tested a similar technique on pepperstone trading sim in eur usd and it made 58 pips in 4 days...not huge i have made 58 pips regularly in a day using price action but this one using 3 ma gave 5 winners no losers. for further info see the post in the...

you have a great site here i am enjoying here wish i could have found this 10 years ago

yes a free trade does not exist since you are paid to take risks.... you are lucky if you have a good and consistent stop 'policy' that is one of my biggest drawbacks and is keeping me from being a consistent trader stops may make a good subject for a thread it is as controversial as Brooks:D...

Any students of Urban Forex here?

by increasing your stop you are increasing probability of successful trade; higher probability means a lower RR but more number of winners.

you may be right but there is another aspect to trading: making a losing trade hurts your ego that is why traders do not cut losses.It is not the money aspect: Soros wont care for a 100000 usd loss but he will care that he had a losing trade. i am not here to create an impression like Al does...

result of test

result of testing

here is the result of trading a simple ma system on a pepper stone trading simulator see this link for more info on the simulator https://pepperstone.com/en/trading-platforms/trade-simulator 5 trades of lot size one standard lot over 4 days profit 588 all winning trades no losing trades maybe i...

In the chart below even if you had entered along well after the cross at the red arrow you would have got 1:1 RR. the 5 ma [brown] was well above the 20 ma [red] showing good momentum.

this is a trade on peperstone training simulator see chart below marked with red arrow: there was a crossover of 5 ma[brown] with 20 ma [red] which led to a down move which touched the up sloping 100 ma [green]. simple buy signal.

contact brooks he was a eye surgeon :D

see my post no 20 in this thread

what do they lag? crossovers may lag but that is not the only way of using ma: there are many others and i will explain them here using charts as a examples a 5 period ma will show what the price has been doing over 5 periods while a 100 period will show what it has been doing over 100 periods...

you just cannot fool a woman:D