I forgot what a great thread this was... — I just re-read this thread for the first time since last year. Great thread.

Trading for a Living - Cliff Notes

Old thread, interesting ideas to learn from... — This is in response to a particular post in this thread, by Joel about two years ago. Read this first: url I believe he is trying to convey the power of trends and trading with them. In post ...

The 1-Pip Question!

"the Dance" or CHOROS system — I use 10 EMA, 35 SMA, and 50 EMA on 15 min and 1 Hour timeframes. They are used as floating points of possible support/resistance. 50 EMA on 15 min TF is to determine trend. 5 min TF for possible quick ...

Which Moving Average do you prefer?

I think... — I think Gg33 wants to know if he should go live. Sure, small account (micro), but still enough money that you will care about the results. This, of course, could create an endless debate about how long to demo vs. live. I think ...

Your definition of Consistently Profitable?

Near a year... — I have seen quite a few real trade histories by people on this forum. They have had some phenomenal returns over a few months, only to lose most of their profit later. It is hard to quantify without knowing how many trades ...

Your definition of Consistently Profitable?

All for the spread. I think I understand what you are saying... No, I do not believe they would do this purposefully. There is too much risk. But again.. they do not always get to choose when they trade, as they have an obligation to fill customer ...

Dealing banks and orders

One thought... — I think they are interested in all the types of orders you mentioned. But... they have a peek at hints of volume and liquidity, their order book. (they can see orders being removed or placed at levels during certain times, ie. ...

Dealing banks and orders

Painful truths... — I had a pretty bad day yesterday. I dropped about 11%. I removed stops, traded through news (FOMC statement), and exceeded my previously set max stoploss for a single day (4.5%). GBP/USD has been just "silly" for me during ...

CHOROS System

Some may argue.... — I'm no expert on exits, and some may argue this... I believe a trailing stop is best used in "systems" when trying to protect large profits (in a trade). As you have a high hit rate system, your profits compared to losses, ...

70% winning trades system

Your average profit... — Though you have a high hit rate, your average profitable trade is still not high enough. From your statistics: average profitable trade = .40 x 70% wins yields ==> .28 profit average losing trade = 1.01 x 30% losses ...

70% winning trades system

Analyze... — I'd be happy to take a look at the demo account on Myfxbook.com if you can post it and link here. You do not have to divulge any methods, rules, etc. Just post the demo account. If it looks robust, you will have people potentially ...

List of Forex Trading Firms

In fairness... — is a much weaker presentation to a prospective employer than I have just completed 6 months (or 1 year) of trading my personally developed system which has yielded 10% per month on average with very low drawdown. {followed ...

List of Forex Trading Firms

Well... — The "real" deals (Forex trading for super-men) Goldman Sachs, Citigroup? or "prop" shop, where you pay $5000 for a training course, then they "hire" you.... then they let you trade perhaps $25000 on margin for a couple months until ...

List of Forex Trading Firms

Simply put... — No wagering or betting system alone will produce any definable edge, Nor protect you from "going broke" over any meaningful number of wagers/trades. No progression systems. No martingale. Not even Kelly wagering (you will go ...

Money Management for the Year Round Professional Sports Handicapper

Interested... — Very interested in this... I would love to see it if you can find it. Thanks in advance.

I am demotivated...

Good thinking... — I think you have made some great additions to the strategy. The risk management and now, making adjustments for volatility, are meaningful, positive trading practices.

30min of Your Time system

Monday morning, US session... — The US session as I see it on GBP/USD and EUR/USD.

CHOROS System

Some ideas... — If you are just beginning, some might say keep it simple and stick with just 1 pair to start. Learn how it moves during your sessions. Basically, you want the major market(s) for at least half of your pair to be open during the ...

When to trade which pair?

Good Luck to you... — Good luck to you, I am hyper-critical because I believe your presentation to be deceptive. I apologize for any hurt feelings or perceived harassment. I respectfully remove myself from your thread.

Time Cell Trading

This is your thread... — This is your thread and I have no desire to harass or argue with you. You have over 1700 trades in three weeks with no losses. I argue that you hold the losing trades in your Open Positions never taking a loss. With ...

Time Cell Trading