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I tested that idea already (exiting position a +1 pip profit for example, or X pips profit). It simply degrades the performance of the system.

Uneasy trade as I am currently receiving mixed short signals from the EUR/USD. And since these pairs are correlated most of the time...

Short AUD/CAD on a limit at 1.0145. 25 pip stop.

Bought GBP/USD at 1.6820, 27 pip stop.

What research? All lies written by well paid "economists" and "experts" to keep the public ignorant. Fractional reserve should not exist and interest should not exist, period. Why do think charging interest (on a loan) is forbidden in the Bible and other holy books and the only blessed...

No my naive friend, those "rules" have been implemented to insure that Wall Street makes more money when you lose. On day you will understand that. Unless you are one of them and just want to play dumb so you can feed BS to the traders... "If you feed bullshit to the public often enough they...

Absolutely. In fact if a trader could make "just" 2% a month consistently, he would amass a fortune over time just by slowly re-investing/pyramiding his profits. 2% per month does not seem much but in reality it is a more than respectable 27% a year ROI! Remember this guys, most hedge funds...

Please wake up Butterfacetrader, the 25K rule not only protects the market makers, but now the customers/traders can lose even more money to those Wall Street sharks. If you enter a casino with 200 bucks (starting capital) all you can lose is your 200 bucks. If you enter a casino with 25 grand...

Yeah, sure. I suppose casinos should have a similar law to "protect" their customers ! "Sorry Sir, you need to have 25K to play in this casino, we cannot let you play with less than that. We are doing this to protect you" :D

The 25K rule was put into place only to protect those greedy market makers (they said too many day traders were eating their lunch and making it harder for them to make money...). The "official" reason they gave : "We have to protect the traders from losing their money day-trading" What a joke...

I am sure a few extremely lucky traders could make 20K or 30K a day during a few days (2 or 3 at most), with a 20-50K account. But believing that it is possible to get that kind of return on a consistent basis is insane.

If a trader can make 2% a month consistently, on average, then he is already a super trader. And 2K starting capital is more than enough if he trades micro lots on the Forex market, assuming he does not risk more than 2% to 3% per trade.

The markets do not have to move 25% a week to make 25% a week. Technically you can make 25% a week or more if you can predict and capture all the numerous up and down moves that occur during a week, one by one, even if the opening price and the closing price for the entire week is the same. Of...

160 Billions actually, not 10 billions. And yet nobody noticed anything! (You guys are sleeping again, eh? :D )

No it is not! Nobody can double his trading account every month. Otherwise it would only 2 years to turn 10K into 10 BILLIONS and change.

2K account to make $500/week ($2,000 a month)? So basically you want to consistently earn 100% return on investment each month. Not going to happen my friend.

?? :confused: Now if you are saying we need to stay emotionally detached from the market and trade without emotion that's another story.

Wait a minute, how did we go from option sellers to the price of a haircut? :D

That's exactly the idea the banksters and the politicians have been selling to the public for decades now.

That's precisely the problem, what IS your point exactly?