"Floating Loss" or "Floating Profit" Thank you!

Real Fx traders do not use stoploss

Hi, A related question, but not about stops, per se. Say I buy at 100, and it goes down to 95, then I close at 101 for a profit. Or... I sell at 100 and it rises to 106 before it drops for a profit. What is it called when the trade goes against you ...

Real Fx traders do not use stoploss

I agree, indicators tend to be 'oversold'. We rely on them far too much and too often. I use a tweaked one. And along with a feel for the indexes themselves -because I've been trading them for years, it all works out ok. I really do like the 'price ...

the big indicator lie

Hi guys, Yes, the best divergence for trading....is the skill you have in which ever one you use. The indicator is secondary. However, I have used about 5-6 of the main ones and I have found them wanting. I don't know if I'm an expert in trading ...

What is the best indicator for divergences?

Hello, Metta 87, Div's don't make sense? I'm not so sure if that's the important point about trading or not trading divs. The important point is whether the trader can make money trading them. Trading divs or anything else is not wholly mechanical. ...

Trading Divergences

Yes, I trade divergences. They are the bedrock of my manual system. I draw trend lines on them and have a few MA's, and that's it. Pretty simple. But you must have a good feel for your instrument as well as for the TA indicator that draws your ...

Trading Divergences

For me, success is trading small amounts, making base hits, chipping away. Sometimes I get tricked and buy when my indicator is overbought. (sob). I'm a scalper, but has my best trade at +3% the other day. 'Letting 'em run' is my major task to ...

Simple and profitable trading style

Yes, simple works for me too. Started with a new manual system.one indicator and a few ma's. 90 trades so far. Small account size. % is in the 90's. PF is north of 14. When I have +500 trades I'll publish my stats/graph of mt4 platform.

Simple and profitable trading style