Correct. Thats why its so important to have a trading-plan with binary options. "Will I enter at the BO of this triangle; yes/no. Where do I place my SL? What make me reconsider this scenario?" etc etc. This will exclude some of the psychological ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

I'm reading a great book about a successful prop trading firm and how they operated and trained new traders. No surprise, discipline was some of the most important factors for a (new) trader. Under discipline comes the ability to monitor the market ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

I don't think that is a mistake, placing SL below daily. We had a fake BO at first, you could have reversed to long when it came into the pattern again. This is a regular event especially on euro triangles.

Igrok Method. Q's & A's. Comments, thoughts and ideas

20 is way too little to gain any confidence with your new system. I would say 100 trades at least to gain some descriptive statistics data on how your system performs.

Length of time to test a new system

Like a glove bud Also, nice short 18.4 on gbp/jpy, took profit and reversed for 18.4 on I.M

Igrok Method. Q's & A's. Comments, thoughts and ideas

I'm only trading the BO in this case. We usually see a BO on the 4th approach, where price is now so lets see.

Igrok Method. Q's & A's. Comments, thoughts and ideas

Interesting scenario on usd/cad. MMOTD already changed 2 times combined with a triangle pattern. Lets see if we can get a break upward.

Igrok Method. Q's & A's. Comments, thoughts and ideas

After new year, I'll describe it.

Drawing Correct Trendlines

Hi. I have never met a successful trader who needs to start a conversation/thread/letter/pick-up line by saying "I'm a successful trader" to gain "respect" for any further statement. Second, a successful trader knows most likely what expectancy is. ...

IMHO - Hints for Trading

Congrats James, you have clearly created a positive and unique environment on FF.

james16 Chart Thread

Yeah, this is a rare example. Perfect on 4h (as pointed out in the cave also) .

Drawing Correct Trendlines

Another case on eur/usd;

Drawing Correct Trendlines

Update;

Drawing Correct Trendlines

Dollar index;

Drawing Correct Trendlines

Another way to deal with a trade, easing the potential stress, is to view it as a coin-toss. Since a coin-toss doesn't hang in the air, either your SL or TP will be hit, no matter what.

Dealing with chaos

Something in progress here yes. I say usd/cad in 1.2000 very soon

Igrok Method. Q's & A's. Comments, thoughts and ideas

TL on aud/usd;

Drawing Correct Trendlines

I remember that campaign some years ago. I agree, it was actually a good one.

Alpari's "100% Trading Credit Promotion" B.S.

For the MT4 discussion: If you ever have laid your hands on a professional trading-platform in your career, which of course cost money, you will understand why few if any pro uses MT4.

What is a 'large' position?

When trading 100$/pip (10 lots), you don't have to worry about any "manipulators" will hunt down your stop because you are considered big. 10 lots isn't exactly a new record in volume in this market so I think you have other important issues to ...

What is a 'large' position?