Averaging is fine, so is martingaling.....if the numbers stack up! One martingaled and averaged trade that loses can wipe out a BIG chunk of previous gains, and a succession of them can wipe out an account. One non-martingaled and non-averaged trade ...

Advice needed - realistic expectations

Oh right, I thought he was referring to why players strategically push price in a particular direction (ie "they squeeze sellers hard...real hard" was one of the captions), I just assumed by 'they' he meant players intentionally running stops after ...

(binned per thread starter's request) Behind Price-Orderflow

lol I'm not arguing the fact that the market is manipulated by those who can, I would if I could, but the charts posted aren't the best examples in my opinion.

(binned per thread starter's request) Behind Price-Orderflow

Hey Steve, looks like this could be an interesting thread! (put your son back on immediately!! ) I'd have to question your theory on the motives of the players though.... 1st chart Eur/Usd, that was a reaction to news wasn't it? Would sellers ...

(binned per thread starter's request) Behind Price-Orderflow

Then you're on the wrong lines if you're talking about NFA regulated forex brokers. Have a look at the recent NFA Compliance Rule 2-43(a) if you're in any doubt, then you'll be able to make an educated post based on fact instead of misinformation ...

Brokers Scams Who delete you profits

Nope, you've got it the wrong way round as well! If it's an NFA regulated broker then it's proof if anything that they operate an STP model, not that they're a marketmaker! Erroneous quotes (bad ticks) are nothing new or sinister, just 'fat fingers' ...

Brokers Scams Who delete you profits

Don't you think 2.5% is a bit much? I guess if you've got confidence in the strategy and the numbers work out then it's ok, I prefer less risk but I guess it's a personal thing.

Advice needed - realistic expectations

If you're going to average then you'll need to adjust your risk:reward and work out your win:lose to make sure the strategy is still viable.

Advice needed - realistic expectations

How many more is 'a few more'? On a 2k account, say using a 30 pip stop, you're pushing it with one 20k trade! Growing your account by 6-16% per day is great, but a few down days at 10% per day and it's not so great any more! If you've got a ...

Advice needed - realistic expectations

For NFA regulated brokers you've got that the wrong way round! If a trade is reversed or adjusted due to an erroneous quote then it indicates the broker is an ECN and exclusively operates an STP (straight through processing) model, not that they're ...

Brokers Scams Who delete you profits

Holy crap, 200-300,000 r/t per day!!! Is that true? I thought Rotter got busted for something a while back, there was some scandal about him I'm sure, wasn't he exiled to Zug or somewhere?

Scalping Verdict

I'm going to buy you a trap for that damn rat, he's driving me nuts

Scalping Verdict

Just a month, you're doing well and asking some of the right questions, good job! Take it slowly and don't try to rush things, get 110% confident and competent in what you're doing first before moving to the next stage and I think you'll do great. ...

how to use trailing stops without tears

A lot depends on what the release is, how it compares to the expected data, and how much the market has already priced in. Trading on news can be extremely lucrative but you need to have a reasonable handle not so much on economics and fundamentals ...

how to use trailing stops without tears

1:1.5 but I know what you mean If you've got a mechanical system that's proved effective and profitable then excellent, let it do all the work, all you have to do is trade it! You've got a decent risk:reward (as long as win:lose is right), if ...

how to use trailing stops without tears

Hi austineejo Trailing stops are a substitute for poor analysis or lack of confidence most of the time! Depending on your strategy you might be better off taking partial profit at your first target and moving your stop to breakeven on the remainder ...

how to use trailing stops without tears

Bad taste, but par for the course.....

Forex Mentors - The Best Investment You Can Make?

a) Especially in August, it's like watching grass grow a lot of the time! b) Absolutely! What's the worst could happen, we discuss the points rationally and sensibly and either it strengthens his ideas and opinions and maybe educates others along ...

Forex Mentors - The Best Investment You Can Make?

You were a bit late to the party there jacko, what kept you? image Still no answers from you I see, it's ok, I understand Yep, I sure am chatting with some of the sharpest intellectual minds in the business! "Smart Money is the Central Banks. ...

Forex Mentors - The Best Investment You Can Make?

Nope, I never called him any of those things, again it's old ground which has already been covered last time you accused me, it's all in this thread. I expect you're going to quote posts now, just make sure you either quote them in context or give a ...

Forex Mentors - The Best Investment You Can Make?