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Baruch, Sorry, my formulation was poor and made in a hurry. What I ment was simply that there were plenty of signals yesterday (the number depends on whether you use the 10 pip filter or not) and I meant to ask why take the one you took and not the others. Bungle

Baruch, Can you tell more about how you avoided all the bad signals yesterday and caught the first good one (which seemed to be in the middle of the same trading range)? Obviously there is a lot of discretion involved. Bungle

Yep, really frustrating to get shaked out of a good trade (had my share of those). On the other hand, you did not make loss either. Perhaps one possible way to help with this would be to spread your trades accross several pairs. They move pretty much in unison (several pairs gave signal this...

First, I did not necessarely mean that the sums I mentioned has to sit in the brokers account but more of money that I can risk and that I have "allocated" to be risked in the markets. For example if I had $100.000 trading account I might have $35.000 at one brokers account, another $35.000 at...

Hello again Scientist, Jayford and others... I am always very wary of the risk associated with trading futures. By "risk" I am now referring to a event when the market will move so quickly that you can not get out even if you have proper tight stops in place. In index futures it is simple...

Scientist, Great trades. I wonder if you could tell more about HOW you pinpoint the reversals so accurately. I often find myself to be 100% right that a reversal is about to happen, but find myself executing too early and get stopped out (re-entry is a possibility) or sometimes too late...

Hello First of all thank you Baruch for a great thread and Scientist, Jayford and others for great insights. Dont want to get in middle of a fight here but I will say this: Scientists posts in this thread (and others) have more substance and have helped me more than anything else on...

Well, how do enterprenours protect themselves in any other business? They set up companies and their risk is limited to the amount invested to the company. I.e. the owners of the company are not liable for its depts. Why would this not be possible for traiding? Or do the brokers have different...