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My only trades in May. Oldtime and Cornix, these are not random guess trades. Can you see why??

Yes, but on larger time frames you need a much wider stop which is precisely what I am doing. You see my selection process is not quite as trivial as oldtime is arguing. I am attempting to make a trade that I expect may go against me in the short term but will move in my favor in the longer...

Don't know. Where did my 9 month old daughter inherit the desire to whack and pull on my poor cat? She can't seem to master the art of stroking. She's mastered the skill of telling her Daddy how brilliant he is.

Yes but I don't want to be mean.

http://www.google.ca/search?hl=en&gs_rn=12&gs_ri=psy-ab&cp=15&gs_id=1m&xhr=t&q=bracket+trading&bav=on.2,or.r_qf.&bvm=bv.45960087,d.aWM&biw=1280&bih=566&wrapid=tljp1367950828209028&um=1&ie=UTF-8&tbm=isch&source=og&sa=N&tab=wi&ei=-UWJUaTFH8TRyAG9uYCIDA#um=1&hl=en&tbm=isch&sa=1&q=retirement&oq=retir...

Actually, I just looked up definition of Bracket trading, and no, that is not what I am doing. I give up on this "discussion". I have more important things to deal with in my life. Good luck Oldtime, and if you are too old, maybe its time to quit before you lose all of your money...

Its your strategy. You tell me. I don't even understand your strategy. You've never explained it in a way that is meaningful.

You're right. This is better, but only if you have the time available to watch your trade carefully. Remember that not only do you stand to gain more, but you also stand to lose a lot more.

Its the correct way to think. A major floating currency pair is range trade over the long run. This provides a framework. Now, you can expand on that and attempt to predict direction based on the economic calendar as I do. If I get it wrong more often than not I have found based on paper...

I think if you set a wide enough stop on a floating currency pair and you're patient you can choose any direction you want and there's a high probability it will go your way eventually.

How is your losing streak any different than mine? A major pair like EURUSD has a finite loss potential before some recovery. 600 pips per trade is my stop. $600 on one mini lot.

Oh the irony!! Isn't that how you made your big bucks? A lucky act of rage?

I also have growing investments. What's your point?

Sure. And if you think about it this is identical to you closing a trade with a $600 loss considering margin requirement and opening a new trade.

Also, how is this any different that any other trading individual where 95% fail?

That's because most behave like Marketsurfer behaved. They win big; spend big; and its gone. I am saving and investing everything I win. This will continue whether I am earning $50/trade or $5000/trade. 20 round trades now in 2013. 87% return all saved, trading account still has $1054.40

Oldtime, you're simply not understanding. I'm sorry your mind can't handle this. $1000 is not my only money and I don't see the point of putting more than $1000 at a time in my forex account. I am only risking what I am prepared to lose and I trade accordingly. The fact that you risk only 3%...

Keep in mind however, that if you're in the habit of putting yourself in multiple trades at the same time, which is fine, your deposit will be adjusted accordingly to accommodate those multiple trades. The point is only that you deposit only enough to maintain your strategy, and no more...

If that were my deposit, and I used my current strategy: yes. Realize, however, that if I did that I would have a savings account/investments totalling $10000/.05 = 200,000.

You're right. In your case, since the size of your average loss is smaller than your average win, this is not optimal for you. Reread what Atticus originally said. He suggested that sweeping profits was appropriate for those with an R:R > 1. In your case, R:R < 1 Edit: Oops. I am mixing...