Search results

Excellent, you are keeping your losses under control while allowing your profits to run, keep up the good work!

I am buying, let me go to the nearest Western Union store :p

How about backtesting your system with at least 10 years of historical data and 28 currency pairs?

Ok, so how do you resume trading after 2 or 3 losing trades in a row? At what point is it "OK" to trade again? I am asking because in general and from what I've observed, I does not pay to stop trading after X losing trades in a row, for the simple reason that we don't know when the big...

You backtested trading system told you to stop after two (or three) losing trades in a row or are you just assuming it's the "right thing" to do?

On this part I couldn't agree more, without a tested system the trader is just gambling. I have no idea where you pulled those statistics from, Dbphoenix?? :confused: Besides, if this statement was true, then systematically trading after 3 losing trades in a row (on paper) will guarantee you...

Buy AUD/JPY on a limit at 94.80 Stop at 94.30

+1

You mean you lost 80% of your trading capital, the one you started with? And what are you trading exactly (financial instrument, entry price, stop)?

Short NZD/CHF at 0.7595 Stop at 0.7640

Bought EUR/NZD at 1.6085 Stop at 1.6025

Most people around the world have no clue why the price of stuff is rising all the time, they just assume it's normal. Here is the explanation: www.youtube.com/watch?v=iFDe5kUUyT0 Thanks for your contribution Redneck :)

It's not? How come?

Beg your pardon?? :confused:

True, but for day-trading purposes you still need two things: 1: Liquidity and... 2: A wide enough average daily range, Otherwise you are just wasting your time and money.

In the US, here are the most liquid futures products on the CME: http://www.cmegroup.com/education/files/cme-group-leading-products-2014-q1.pdf You can also day-trade the Forex market, plenty of liquidity and enough daily price action to keep you busy all day and night...

+1,000!

You are welcome. Actually we are swimming in worthless dollars (and Euros, British Pounds, etc...), even though less than 3% of that money exists in physical form (banknotes and coins), the rest (bullshit money) is in virtual form in computers. Because, again, the banksters create money out...

Hi Wheaties, This video might interest you. It also explains why we have inflation in the first place. www.youtube.com/watch?v=iFDe5kUUyT0

No further questions, your honor... :cool: