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Sure. But I don't do real-time entries/exits.

My cursor freezes when the mouse battery's dying (I never turn it off).

I didn't see it at the time but your point is good - that we should treat resistances in an uptrend as being weaker than supports, and supports in a downtrend as being weaker than resistances. If they were of equivalent power and effect, there wouldn't be half the trends of half the length that...

Yes, this is the hard truth - most forex traders do not lose because forex trading is hard or harder than any other trading.

Great to see a thread started on exits, far more important and interesting and challenging than entries. I'm overwhelmed by the compulsion to bang my same old drums - 1. plan to not have to exit, so only enter trades with the trend 2. don't exit at a profit target, add another trade when £...

What button can I click if I DON'T want to "Like" the post but I DO want to "Like" the music? You're not playing fair.

All good points except for your caution re averaging up. This is a great way to compound the power of an original position that is in line with the market's direction of travel. The real risk for me is risk of loss of account capital - hard to see how averaging up becomes more risky in this...

Its very true that the game changes when you put money in. Sim trading's good for checking all the component parts of your strategy are present - like a stop-loss, % of account capital at risk, where to place the stop-loss, what to do if there's an overnight gap, what to do if price goes up way...

We post. Therefore we exist.

You already know more about this than I do (though I'm not in the US). What's the trading plan you have which requires you to have analysis of this infrastructure plan?

I agree, and for this as a long-term trader reason find it unnecessary - unhelpful even - to follow forex news events. If price moves I react (or my stops do), it doesn't matter why price moved.

If we're in a video game I need to power up.

I know how that feels. I've had two government jobs (UK) that depended on software with 1990's architecture.

Nice. One day there should be a Hollywood film about Hedy Lamarr's real life. I've heard before that women get a far harder time from feminists than men do. Which seems somewhat discriminatory. But then again, men and women are different.....

I understand Pattern Day Traders are subject to higher margin requirements etc. as well. The rules were introduced by the regulator supposedly to protect the inexperienced client who didn't appreciate the risk accepted in day trading. Its maybe more likely they are to protect the broker, as they...

It has suited monarchs, dictators and politicians of all types to emphasise religious differences. Much easier than having to use persuasive reasoning. Much less risky than exercising autocratic power. Looks like its still working.

Great list. what happened to the cartography?

Great uptrend, wrong market.

Most people set their stop-loss so that if triggered the capital loss will be small %age from your account. Many argue for 2%, some go down to 0.5%, on a trade following a strong trend I am happy to go to 5%, very few go higher than 10% per trade. Remember that even if each trade has a maximum...

Some trades will be losers unless you chance on a 100% win rate strategy, so don't obsess over these. Keep your account alive by making sure each loser is only a small % of the capital in the account. Always set a stop-loss so the loss per trade is controlled and predictable. Demo trade first...