Hi FTI, Hope you are well and enjoying living ! After reading your thread, I reviewed my trading psychology and methods. I stopped trading for sometime and moved to higher timeframe.; and started to "see" the market. It opened my perspectives about ...

Technical Analysis Fallacy

Hi Hanover, Would like to find out more on how you trade writing covered options but could not PM you. Able to PM me ? Thanks in advance.

Hanover replies to PMs

When I tried this MO on my demo 5 min EU, my adrenaline shot up 1000% and sweating. But once you internalised it and dance with the market, great gratification ! Thank you FTI for revealing this method, may God's peace and grace keep you safe and ...

Technical Analysis Fallacy

Hi CodeMeister, The EA is working fine, code wise. I'm wondering is there any MQL4 internal program code restrict that ? If someone's EA managed to open simultaneous multiple trades from different pairs accordingly, then, at least I know it is not ...

Maximum trade triggers of an EA

Hi RaptorUK, It is on MT4 build 509. And there is no error in the log/journal, that's why it beats me what could have failed.

Maximum trade triggers of an EA

I agree. Do what you need to do to expand your account. There will always be Yes and No for different reasons and rationales from others. Thanks for sharing your hedging strategy. You devise your own system and strategy, thus, you are the BEST ...

Trading Without a StopLoss

Yup, it is 57.6% and EUR/USD is quite inversely related.

Anyone trade Positive/Negative Correlated Currency Pairs?

So you are trading USD ? For me, to trade EURUSD, I'll look for EUR cross pairs e.g. EURJPY, EURAUD, EURCAD, EURGBP, EURNZD to find where EUR is heading (direction as dictated by the majority). Then I'll check USD index for USD direction. IF EUR is ...

Anyone trade Positive/Negative Correlated Currency Pairs?

Thanks for the link Forexia.

Anyone trade Positive/Negative Correlated Currency Pairs?

Thanks for your replies, Cindyxxx, diceman555. Need some time to digest the info.

Anyone trade Positive/Negative Correlated Currency Pairs?

So, it is evidently correct to say that there are rescue methods. The question lays whether to use or not to use them. Using them would require resources = time + guts + capital + skill + plan, the outcome will depend on trader's capabilities to ...

How to rescue a losing position?

Really appreciate all your responses guys, much thanks. To prevent this thread turn into a debate whether to use stop loss/hedging, lets focus on the quest for the rescue method. I have setup a poll to get a feel of how many traders are ...

How to rescue a losing position?

It will be my new business plan, my old plan still running now.

How to rescue a losing position?

Appreciate your sharing Cougar73, Auxesis. I know FTI is a much respected pro who really know his stuff.

How to rescue a losing position?

This person as I mentioned earlier did suffer some losses, so there were trades beyond rescue. But I'm just amaze how he/she incur such low loss %.

How to rescue a losing position?