You are taking it out of context. The context is forex. Most retail forex gamblers lose. It is generally believed the losing rate to be 95%. I estimate it at 99.9%, and the guarantee these people give to buy high and sell low has a lot to do with ...

Trading Without a StopLoss

Not too bearish. I think the banks are going to leave it ranging for a few days. Before making the next move, they need to get rid of the shorters who jumped on board today.

EURUSD

My result is opposite. more often than not I make no pips before news. When the news hits, the pips start to flow. In situations where I do have pips before news, I take them to make room for more pips during news.

EURUSD

Not really. There are very few ways to trade and win. But many ways to trade and lose. Persistently guaranteeing to buy high and sell low is definitely a loser.

Trading Without a StopLoss

People give too much credit to news events. The only reason prices move is to make money for the banks, and the news is irrelevant. More often than not the prices know what's in the news several days before it is announced. The trend before the news ...

EURUSD

GBP looks topping. It has to come down at some point. Tomorrow is as good as any day for it to happen. Well, that's where I hope to see the pips waiting when I wake up.

EURUSD

The difference between a great trader and a mediocre trader is that the former can control risks in all situations, including when not using stops. The repertoire for the latter is far narrower. Anyway I had a great session today, very busy and very ...

Trading Without a StopLoss

I have zero commercial interest. Just giving a meter reading where the action is. Also forecasting where pips is coming tomorrow.

EURUSD

Took loadsa pips from all over the shop. gbp coughed up the least amount. I hope it will pay big tomorrow.

EURUSD

0.6% is only preliminary. As part of the trading day remains and there are large movements, 1% day is certainly within possibility. I told you many times before your predictive capabilities are non-existent. So, stop trying. Maybe that's where you ...

Trading Without a StopLoss

Lovely. Now pips are coming through gbp shorts. I might run them until US close.

EURUSD

I normally do my accounting after US close. As it is a dull moment currently, I thought I'd add up the pips anyway. After a half day of trading (I woke up at 12pm gmt), my account growth so far for the day is 0.6%. I would say it's a typical day ...

Trading Without a StopLoss

Merchants are businessmen, thieves are not. But only the lowest low, the loser of losers are gambling thieves.

Trading Without a StopLoss

Well we can know from the price action. If it continues to move lower, then yes, there are plenty of longs. Those longs are like fishes in a barrel and they will be fried-up like fish'n'chips one by one.

EURUSD

No loss to report is very good. Money is safest when it's all in cash. But some of us here are trying to run a business. See that guy up there who's doing a banana business ? We put our money out there to work. Whether the money is in drawdown or ...

Trading Without a StopLoss

Is that after 1 "trade" ? 48.43% is brilliant and better than 95% of the people out there. But don't worry, I won't ask for your trade secret. Keep up the good work.

Trading Without a StopLoss

Yes and no.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Followed by that: url

EURUSD

Can we see a chart ?

EURUSD

Not everyone. I am all short.

EURUSD