Change in perspective — Instead of looking at a 100% win system, I would recommend trying to limit your losses to as little as possible. Focussing too much on winning might have several disadvantages. 1. If you do win, you might be ...

An idea to always win?

I am relatively new to forex. the only understanding I have of level 2 trading is: 1. Tom DeMark Level 2 trendlines or 2. Trading through an ECN (Electronic Communications Network). Apparently (I am not that knowledgable on this so someone please ...

LeveL 2 Trading

I think trying to actually execute it in MT4 has shown me the visualization of what you guys are talking about. I am still unclear about something tho. With the sell limit, how is it executed? Does price have to be moving in your direction or does ...

Difference between buy/sell stops & buy/sell limits

thanks for the replies. smjones, in your chart, couldn't u use a sell stop instead of a sell limit? I am trying to find out why they are separate. If i want to sell at a higher price, can't I use a sell stop so that when the market goes up in my ...

Difference between buy/sell stops & buy/sell limits

thanks for the reply. can't you use a sell stop instead of a sell limit to enter the market?

Difference between buy/sell stops & buy/sell limits

thanks hilmy...i will look into srdc 1.

Signs markets are heading into a choppy period

wow...i am still clueless. I will definitely do more research on this item. Sounds very intriguing though. thanks guys for the responses.

What is hedging?

wow...some nice recommendations. Since you mention it, can you name some good books on range trading? What about books on price action? thanks.

Great books for trend trading

great! — awesome post man! My next question is what qualifies a trend before the trend actually takes place? In other words, what indicators/signs does the market give us that it is going to trend rather than consolidate before the trend ...

Trend Trading FUNdamentals

thanks for the responses guys. In terms of time frames, I am looking for various books that speak about all time frames from 1hr and up. I dont like trading anything less than 1 hr. Would like books which give you details on how to tell when a ...

Great books for trend trading

thanks for the replies everyone. I have been reading and studying forex and the majority of errors that I have been making for the most part are my own whether from lack of discipline or lack of knowledge. I have been learning to be more disciplined ...

Stop Losses and Money Management

hey gygs...that sounds like a great idea. Not all bago trades will be successful as with any system. Apart from the system's rules, I too will have extra rules that I stick to and help me out in trades. For example, if my stop loss is too far away ...

Bagovino Method