it's all about range, liquidity, margin and commissions so i have yet to see anything that matches index futures. i just have never taken the time to compare all of them against each other. i never traded nq much but because of your post i did and it looks really good. i need to be trading dj, es, nq, and rty because they all move great and are liquid. i have always thought that forex is sort of a rigged game against non prime account holders.
Trading Forex
- Thread starter padutrader
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it's all about range, liquidity, margin and commissions so i have yet to see anything that matches index futures. i just have never taken the time to compare all of them against each other. i never traded nq much but because of your post i did and it looks really good. i need to be trading dj, es, nq, and rty because they all move great and are liquid. i have always thought that forex is sort of a rigged game against non prime account holders.
old habits die hard.
taking large positions in relation to account size is considered risky.....while i used to argue that if you are confident of what market is doing then it may be justified.
however, i am now seeing and noticing that while the market does behave the same way most of the time ,it is not all the time.
And when does this happen?.
Ironically when you are the most confident.
When are you usually confident: when the market conditions are 'obvious' and easy to recognise.
And there fore liable to change soon
There is there fore this golden rule:
price discounts everything, including,. and especially, your analysis.....
I have therefore decided to risk no more than 5% of my account size on any one trade or adjust the position size to reflect this policy.
it is of course fairly large and hopefully my greed will not be larger than that
taking large positions in relation to account size is considered risky.....while i used to argue that if you are confident of what market is doing then it may be justified.
however, i am now seeing and noticing that while the market does behave the same way most of the time ,it is not all the time.
And when does this happen?.
Ironically when you are the most confident.
When are you usually confident: when the market conditions are 'obvious' and easy to recognise.
And there fore liable to change soon
There is there fore this golden rule:
price discounts everything, including,. and especially, your analysis.....
I have therefore decided to risk no more than 5% of my account size on any one trade or adjust the position size to reflect this policy.
it is of course fairly large and hopefully my greed will not be larger than that
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eur does range most of the time ..but sometimes throws a curved ball..
but this may be the case with most of the highly liquid and followed securities....such as may be IBM or microsolft
imo
not sure about this....
not as big a mess as I !!!!Padu; how did you do yesterday?
(I made a mess of it...)
success is more difficult to manage than failurePadu; how did you do yesterday?
(I made a mess of it...
if you mean right now...so am i
closed shorts