Well it really depends on how you like trading and/or the system you are trading. For example when I used to work only with 1H frame i would close my trades at my initial target, but at times I was cutting on profit potential as the trade would go ...

Moving stops to BE

You can def. trail the trade, however i keep it simple and use timed exits.

Moving stops to BE

Found another neat one. Hey even if trading fails... you can still use this as wallpaper.

Charts on Drugs or works of Art?

Yes must give the trade some room before moving stop to b/e. B/e in place once the trade has moved further towards my goal, the main point is to let it run to maximize profit with no risk.

Moving stops to BE

Percentage profit per day is forever changing. Better off with an average for the year, but then again it depends for which year you calculate. Last year's profit has nothing to do with the next as no one knows what it'll offer. Keep it simple and ...

What percentage profit per day IS possible?

You need to re-evaluate your sysem, set targets areas. Happens to all of us. Waiting on a 150pip target off the 5min its going to be challenging, as 5m could provide many false signals.

EURUSD

Congratulations you found it. Find something you enjoy doing and make money from it, trading is not for everyone.

Isnt a service career more satisfying then trading?

Very key, we have to work in all aspects of trading but most focus only on one department and foget about all the other important traits. When someone has a strong belief in something they will do anything to protect it and will argue non-stop until ...

Strategy of losers

One of my fauvorite PDF files to date. Great tools to include in everyday trading.

Law Of Chart

Cheers!

Strategy of losers

Personally breakeven is my fisrt move once the position moves in my favor. Loosing trades cannot be avoided but if you pay close attention to your loosers and study them you'll find better places to set stops and breakeven points. If one of my ...

"Never turn a winner into a looser" - Myth or Reality?

Could be an interesting Friday after all. My system just triggered a short position on both 4H and Daily, unfortunately I don't trade Fridays. Best pippin' to you all. Cheers.

EURUSD

www.netdania.com quick and easy

Where to get US Dollar Index chart for free?

usd/cad long term view — Plenty of divergence on daily and weekly, could we see bulls stepping in for the dollar in the next few weeks? Keep an eye out on this pair.

USDCAD trend reversal?

usd.cad Long term View 1-2years — Here come the Dollar bulls... watch out.

Technical probability

There is drawdowns to every system. If you start with a small account the issue is that you don't have capital to withstand moves to go against you too far... could be the main reason most traders reduce to scalping for their initial trading with ...

Gentle equity curve or rollercoaster gains?

Happy to say that i started trading with the "get rich quick" scheme in my mind, now I see it as get rich slow process.

How long to be profitable?

A year or two should do it. Depending on the market you will have to modify/tweak from time to time for better profit potential. (Stops, targets, average range,etc.) It would also depend on what type of trader you are or what timeframe your working ...

How long should you test a system for?

Evening star, resistance, and more resistance up above but trend untouched... Looks like a reversal only if it breaks and closes below the trendline on the daily.

EURUSD

Cut losses short and let the good ones run, sounds like a myth but when it comes to investmenst its the only way to profit in the long run. What most traders ask is ' which ones should i let run?'... well that comes with experience and staying power. ...

What is the longest time you've had an OPEN trade?