2 Pips Per Day

You guys trade in the millions on the UBS....don't ya?





Quote from gwac:

Read Trading in the Zone by douglas



Why do most traders lose money, because they take
profits after 10 to 15 points and lets there loses
go 100 to 200.....
 
I am not trying to be an Azz, i am trying to save you some
money......

Read the book i sugested

Read technical analysis of the financial Markets

come up with some sort of strategy

back test it

open a demo account and play the strategy

if you lose money on the demo go back to the third point
 
We trade in the millions but I do not work at a Bank.
I use many of the banks platforms....



Quote from ElectricSavant:

You guys trade in the millions on the UBS....don't ya?
 
All currenex is, is a platform allowing a corporate to
have all his banks set up in one place, so he can get
quotes from them all at the same time. He can choose
the best one and deal on it Currenex does not trade.
Hotspot and Coesfx i have no idea what they do...

FXALL is like currenex.
Quote from ElectricSavant:

CoesFX...Currenex?...Hotspot?
 
Quote from ElectricSavant:

good...


yes...i would try the second one...now you must get your entry method...

try for at least a 35% win rate...


Can you give some advise on a entry strategy? This is the part of trading I hate. Could use a hand on it if someone would like to share a few pointers. Thanks

Jeff
 
Here I am reading this thread while eating some delicious tomato beef chow fun. Preach it like it is, brother gwac. Amen! It is also cool that brother es has helped out some beginners with risk:reward and win rate concepts. hallelujah! :D
 
dunitlongpole

Forget about money management.
Forget about risk reward ratios.
Forget about gurus' teachings.
Forget about 'seasoned traders' experiences.

Trading is not rocket science.

MarkDouglas has the direction for how to trade:
"To make money trading the markets, you don't need to know what is going to happen next"


So how to you 'use' this new "don't need to know what's going to happen next" approach?
The big problem, the ONLY thing that can bloc your mind is the FEAR TO LOSE.

Take it this way:

Online tradintg is a computer game.
You have to PAY to play that game.
(So there are no losses)
But if you play it well you get a fat bonus.


What pips? They are tokens.
Just go grab them.

I know I am gonna be flamed.
All people with creative innovations have been flamed: Einsten, da Vinci, Galileo,...
:D
 
Another way to get money out of people.....





Quote from cooldude:

dunitlongpole

Forget about money management.
Forget about risk reward ratios.
Forget about gurus' teachings.
Forget about 'seasoned traders' experiences.

Trading is not rocket science.

MarkDouglas has the direction for how to trade:
"To make money trading the markets, you don't need to know what is going to happen next"


So how to you 'use' this new "don't need to know what's going to happen next" approach?
The big problem, the ONLY thing that can bloc your mind is the FEAR TO LOSE.

Take it this way:

Online tradintg is a computer game.
You have to PAY to play that game.
(So there are no losses)
But if you play it well you get a fat bonus.


What pips? They are tokens.
Just go grab them.

I know I am gonna be flamed.
All people with creative innovations have been flamed: Einsten, da Vinci, Galileo,...
:D
 
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