Trading conventional currencies piggybacks on fluctuations arising due to trade in goods and services, investment flows, and relative state of economies. Perceptions are constantly validated by statistical data. Negative economic news will keep ...

Bitcoin technical analysis

BC is not meant to be a collectible. It is measure of value and a mean of exchange to facilitate trade. iPhone 0.5 coins, car 20 coins. Your annual pay 80 coins in today's value to USD. Let's say a few months ago you were hired for 800 coins per ...

Bitcoin technical analysis

I do not see how bitcoin is different from tulips. They also gone unbelievably expensive for no obvious reason and were hoarded as store of value. How is merchandise priced in bitcoin? Is iPhone now only 0.5 of the coin after going for 5 coins short ...

Bitcoin technical analysis

It is time to announce the winner of the contest or reveal the correct response. Human lives depend on it.

The one reason that trumps all other reasons why traders lose

Hehe... that probably was the hint. Absence of mental focus to validate all relevant criteria before entering or during trade and execute accordingly.

The one reason that trumps all other reasons why traders lose

It a good one. Stay away from the court of law. Any attorney will tell you this in the situation.

Trading Without a StopLoss

BJ's balancing offsets are fancy tools to cut loss without closing losing position. He does not use stop loss to close the position. He may use stop order to open a hedge trade to stop further bleeding. At support, he will take profit on the hedging ...

Trading Without a StopLoss

You should consider trading futures. Daily rollovers in spot are too costly for such long term holds, unless it is a carry trade.

Trading Without a StopLoss

Indeed. You offered absolutely nothing of value to discuss.

Trading Without a StopLoss

I mentioned exactly the same 30 pages ago. There is no point in arguing with BJ. Let him trade whatever way it works for him. He admitted using some sort of hard SL. He keeps the rule in his head because he has no confidence in his broker. All the ...

Trading Without a StopLoss

Today, a 2013 TV set sells for $1,000. 3 months down the road it will sell for $900. 6 month down the road for $800. If you do not sell it for today's low, you will sell it only lower and lower later. No one will give you $1,100 for it ever. No high ...

Trading Without a StopLoss

While stops are known to accumulate around some critical middle to longer term levels, they exist everywhere as various traders trade various time frames. Some stops are hit, some are not. This allows to question validity of your buy high and sell ...

Trading Without a StopLoss

So you teach us something you do not even know yourself. Does the following formula describe what you are doing? 1 - 1 - spread < 0

Trading Without a StopLoss

I would not want to be immune to market swings. I would rather ride them. Nonetheless, all no stop guys admitted to use of stop loss techniques. Their stops are just huge and likely allow greater risk per trade than eventually collected reward. The ...

Trading Without a StopLoss

I would disagree here. They cannot know. They also rely on patterns from the past. Supermarkets discount when actual sales fall short and take loss early rather than keeping something on shelves forever until it spoils.

Trading Without a StopLoss

Hilarious thread Our no stops friend Samer has been caught using stops url

Trading Without a StopLoss

As Samer explained, it is not really as simple as you think. You actually closed at profit. Congrats!

Trading Without a StopLoss

Markets sabotage tea party

Is it another "good news is bad news" day?