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Update for this week. Equity = 632 AUD. Completely stopped intraday trading. Seems to be a little bit better. Currently I am trading at 0.01 lot. I will increase to 0.02 lot next week.

Hi Loooppy99, Do you mind to share what the logic behind the indicator is? It doesn't look like a conventional MA and it looks good on the chart. Does it repaint?

I had to combine back the two accounts because I lost a substantial amount in the intraday account. I lost more than AUD70 on scalping the indices. I realised that intraday trading is not for me and I am back to swing trading. My equity now is AUD 606.

Such companies don't exist. They would be better off making money with the indicators than selling them for say $99.

Thanks for the supports. Will ask questions here if I have any doubts.

Unlearn everything that you have learnt.

Are you sure it is not a malware?

I have a friend who actually made money by cutting the winners and letting the losers fly. However, I am not sure how long it will last until he go bust. His win rate is very high. I believe there are no specific rules to making money from the market. If it is making money, it works. There...

The main factor that has to be taken into consideration is your performance stats. 1. Your average win rate. 2. Your average reward risk ratio. 3. Std deviation of them both. Assuming your system has run long enough, it should give you a good statistics. Another thing is, deciding whether...

700 pages, that's like more than a half of the thread. Anyway, will try to go through. Regarding "Mav's underground ACD ebook", was it a joke? From my search, "Mav's underground ACD ebook" is a joke of the thread.

Hi, I am interested in learning ACD. The thread is quite long and I definitely could not read the whole thread from start to finish. I have got a copy of Mark Fisher's book and will start reading. Once I am done I hope I could discuss about the ACD method here.

http://www.elitetrader.com/et/index.php?threads/should-i-stop-day-trading.280144/page-6#post-3908783 EricP mentioned that he might stop trading because things started not to work. That was 2013. Any ideas about him now?

I planned to update at the end of the week. However, for this week, I have to update now because I have decided to separate my account into 2 accounts. One is for intraday trades and the other is for swing trading. My current account's equity is AUD 683 , increased from AUD 654 last week. Lost...

Great. Does it work on all timeframes?

What I meant was when your wife is not a trader, she could not handle the fluctuations of your profits/losses. When you report to her, she would be stressed up.

Reporting to her is not a good idea in my opinion. If you are having a winning streak, she will feel rich and spend more. Then later one when you experience a drawdown, she is going to get furious, for you not making money. She doesn't understand what a drawdown is. Females are very...

https://www.interactivebrokers.com/en/index.php?f=marginnew&p=stk It's 4 to 1.

Interactive Brokers (US). Why not a US broker?

Hi J_Smith, I am sorry but I have to trade to make some money for my living. I am fully responsible for my actions and I am willing to accept the consequences. Anyway, thank you for being generous and willing to teach me (sincerely).

Updates for this week: Entered about 4-5 positions this week and exited with some profit. Started last week at about 600 AUD. Now is 654 AUD. One heavy lost on long term XAUUSD (gold) = about 330 pips.