Planning to continue the discussion next week. FX4

What Is "Proper" Risk/Money/Trade Management?

Weekly chart wrap-ups are now on the blog. Enjoy. FX4

Pitchfork Goldmine!

Consistently Profitable traders coming in a little higher at mid-month: 42.49%. Let's see where it will be on June 30th. FX4

Are you a consistently profitable trader?

Dopey, What you have said in this post is right on. I hope traders really take it to heart. I particularly like the part of the quote above...the issues of having expectations and letting go. It is SO true...that is how a trader gains control and ...

The Answer: Get stopped out then trade goes in your direction

Had a very busy day today But managed to get some trading in anyway... No signals though FX4

Pitchfork Goldmine!

More words to the wise... Want to make money in the markets? Don't be looking for or thinking about a buy in a sell zone or looking for or thinking about a sell in a buy zone, UNLESS and UNTIL the market has clearly shown that something has changed. ...

Are you a consistently profitable trader?

Sent a signal this morning...price went to target. Time: GMT+2. Trade Reference: PG_10942577O COMMENT: None. FX Pair: EURUSD Trade: Sell Time Opened: 2012.06.11 15:10 Opening Price: 1.25567 Suggested Take Profit: 1.25150 Stop Loss: Please apply ...

Pitchfork Goldmine!

Hi traders, The weekly wrap-ups are now posted on the blog. Enjoy! Trade well this week, FX4

Pitchfork Goldmine!

A word to the wise: If you really want to make money trading, don't worry about "making the money"; focus on trading well. Watch the charts not your P/L. If you trade well, the money will be in your account: no ifs, ands or buts... No fear; no ...

It's A Heart-Mind Game... Are You Ready?

A word to the wise: If you really want to make money trading, don't worry about making the money; focus on trading well. Watch the charts not your P/L. If you trade well, the money will be in your account: no ifs, ands or buts... Take care, FX4

Are you a consistently profitable trader?

Bulls and bears in a horrible drag-out fight. Doji on H4. Was referring to EU...sorry FX4

Pitchfork Goldmine!

Hi Mr. Alum, Started a thread on Risk/Money/Trade Management...lots to discuss there for sure. Newbies no Nothing about Trade risk management So...your request has been granted . Take care, FX4

It's A Heart-Mind Game... Are You Ready?

Thanks Dongsky for the leads to those articles . Good lookin' out! FX4

Are you a consistently profitable trader?

Long produced about +40 pips. High made it to about 1.25272. Closed as things seemed to be looking weak at the moment. FX4

Pitchfork Goldmine!

EU trying to push a bit. News on the Euro later. Got up to about + 25 pips...watching to see if it can push through that resistance. FX4

Pitchfork Goldmine!

Average Drawdown — Here's another trading statistic that money managers might use: Average Drawdown. How does it work. You just find the dollar amounts of the actual drawdowns within the time period you are examining, add them together then ...

What Is "Proper" Risk/Money/Trade Management?

...bear ego...like your terminology...very colourful/descriptive. FX4

My trading journey

That is also true, but, for some reason, because a trade has been opened, the trader's mind is now more actively and acutely engaged than just observing or watching price action for entry confirmations. The emotional energy that is then in the ...

What Is "Proper" Risk/Money/Trade Management?

Then it does not work for your style of trading. It is part of a style of trading. It is to be used to see which way the market is moving, then increase the position size when the trader sees the market is confirming the trade-trend direction by ...

What Is "Proper" Risk/Money/Trade Management?

Drawdowns — When trading leveraged instruments, drawdowns are particularly important. If a trader finds themselves in a potentially hazardous losing position, the best, if not the "only" way to minimize the potential of the drawdown is to ...

What Is "Proper" Risk/Money/Trade Management?