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- Dutch-Trader replied Mar 10, 2015
Hi Alfonso, First of thanks for your effort of keeping this thread alive. During the thread you advice us to do a lot of backtesting, prefered with forex tester. You telling us to do it months as you have did and maybe still do. My question is now, ...
- Dutch-Trader replied Oct 7, 2014
You are right Forexnuts, But there are some people who are doing it for reasons other than contributing to the forum. They have personal reasons in acting like that, probably the number of posts counts, which they think will give them some sort of ...
- Dutch-Trader replied Oct 5, 2014
Great remark Usasa, If I had noticed it, I wouldn't take the effort to post here. The man, OP, can by now be death and buried!!! Thanks for your sharpness, Greetz, Dutch Trader
- Dutch-Trader replied Oct 5, 2014
It is not the pips that counts!! Pips will not let your account grow!! It is the percentage reward based on the risk you have to bear, that counts!! the risk:reward equation in relation to the win ratio of your strategy!!
- Dutch-Trader replied Oct 5, 2014
hi Brighty3k, so it is now, not Bright and without the 3K!!!! Mabye you are so bright and look at url and choose yourself an strategy that suits your life style. But strategy only one part of the trading plan, make sure you master the other two ...
- Dutch-Trader replied Oct 3, 2014
Hi StingRay, My money management rules are not emphasised on pips. Because trading is a number game, and your edge is your trading plan, I focus my exit based on Risk Reward. My exit rules requires at least a 1:3. I only differ from that rule in ...
- Dutch-Trader replied Sep 29, 2014
hi Shahidfx. I would advice you to take a look at the Babypips site. Especially the school!! It is free of charge!!
- Dutch-Trader replied Sep 23, 2014
You are more than welcome!! I know what it is first-hand. Best of luck, that you may find your way too to control the "beast" within you!
- Dutch-Trader replied Sep 23, 2014
Hi Hamedmohd, I do know exactly what you mean. Maybe you can read this thread, in which I described how I conquered or at least bring it down to an level that I can deal with it. url If you have further questions, do not hesitate to contact me ...
- Dutch-Trader replied Sep 18, 2014
Hi Wllen, You show us a chart but you do not give us any insight in the time frame. Maybe you are showing us a 1 minute chart and you ask for us to advice you if it is an uptrend. You understand my point. What time frame trend would you like to see. ...
- Dutch-Trader replied Sep 17, 2014
hi Weathermakr, Keep your two feeds to the ground!! Holy Grail! Your holy grail is in your trading plan, consisting of a trading strategy, your risk management and your money management. That will be your holy grail. Trading accordingly will bring ...
- Dutch-Trader replied Sep 13, 2014
Art, I'm not sure if Babypips School will has it on their educational programm. But at least you can check that one, it is free of charge!! I like the Babypips School because it is so modulair in his set up!!!
- Dutch-Trader replied Sep 13, 2014
[quote=Art5;7737021] Anything that makes me more into Forex, not so much about profit, system, technical stuff, if you know what I mean. [/quot}\] Hi Art, I think more than 95% of the people on this forem, which are trading forex, are trading forex ...
- Dutch-Trader replied Sep 10, 2014
So you are not trading, sounds more of gambling to me with a R:R of 1:1. My minimum requirements for a trade are 1:3. If do not see chance to got that, the set up will be disqualified by my rules!
- Dutch-Trader replied Sep 10, 2014
Hallo Mars, I think you are relating things wrongly. You are concentrating on the profit side while you have to answer first the risk side or losing side. Forex is a number game, your strategy would give you an edge over longer period (more trades). ...
- Dutch-Trader replied Sep 9, 2014
when to exit a profitable trade is always a hard decision because you are afraid to let something on the table. So it is a greed issue. I have solve this myself by trading really rule based, I decide in front what R:R I desire and set my TP ...
- Dutch-Trader replied Sep 7, 2014
Mars, I do not know what trading strategy you are using, but mine allows me to set pending orders. So I do not have to sit all day in front of the screen.
- Dutch-Trader replied Sep 7, 2014
Because your money management rules concerning the rules what R:R you at a minimum require before you take a trade, would disqualify trades in pairs that are in a small range.
- Dutch-Trader replied Sep 7, 2014
Hoi Marsje, Best of luck!! The feeling of not controlling my emotions in trading, sounds familiar to me. Thank God that I have teached me a workaround, by changing timeframe and execution method. It works for me! Hope you find your edge too, real ...
- Dutch-Trader replied Sep 4, 2014
Hi JacobFrodFx, Maybe you can tell me when you're taking a low leverage trade, so I can join!!! hahahahhahahahha Now without kidding. You do not have to pay attention on leverage when you are trading. Leverage is linked to margin. You have to ...