Hi Buma, Hope you have recovered all your losses with those nice moves since Frankfurt opened. Regards Bak

14 Year Old Forex Trader's Lessons

This will not make me popular but I agree with what you just said Red. You are indeed a fearless lion. Regards Bak

Technical Analysis Fallacy

Hi Leod, Check out this thread too for ideas. It's not system 2 as such but it's all price action. url regards Bak

The System II (Yes with irony)

Hi Leodlure Please read the last few pages. Dim has been elaboarting on system 2 to another reader and you will find the answers there. Also if you search Dim's recent posts, he has also included a PDF of Feb's posts for easier reading. Regarding ...

The System II (Yes with irony)

Thanks Buma

14 Year Old Forex Trader's Lessons

With the right attitude, you'll get there mate !

Make Money Everyday - A Guide to Short-Term Trading

I had a good trading session so far. Up +40 (1.6%). Took my last trade during first hour of Frankie open but since then I have been sitting on my hands because of over-cautiousness. I am a bit annoyed with myself because I missed out on two winners( ...

Make Money Everyday - A Guide to Short-Term Trading

Good luck with interview mate. Sending plenty of good vibes your way . Regards Bak

Make Money Everyday - A Guide to Short-Term Trading

Hi Buma I am finished trading for the day now that London has just closed. Good day today. Hope you made plenty today! Regards Bak

14 Year Old Forex Trader's Lessons

It's a trendline with the RAY function taken off. If you draw a trendline on the chart, right click to go on to Trendline Properties, go to Parameters and tick off the Ray box. Hope that helps. Regards Bak

The System II (Yes with irony)

Thanks Buma for offer of help but I am doing ok in my own style of trading. Nevertheless it's very kind of you to offer. I am sorry for giving you the impression that I am a demo trader because I have put up a demo account attached to the trade ...

14 Year Old Forex Trader's Lessons

Good to see you posting actively again bro! Hope you are keeping well. Regards bak

The System II (Yes with irony)

Well done Buma. Now remember to protect your gains for a rainy day. I am on a breakeven day so far after making a few elementary mistakes like trading against my trend indicator. Regards Bak

14 Year Old Forex Trader's Lessons

Thanks Veefx and good luck in your journey too. Regards Bak

Building an equity millipede

Hi Billy Wise words to young Buma! Enjoy the delights of the West End....I love it but haven't been for a while now. Regards Bak

14 Year Old Forex Trader's Lessons

So Buma, how did your week of live trading go? Regards Bak

14 Year Old Forex Trader's Lessons

Buma, A word of warning if I may. What you are doing is ok as long as you remain very focussed and ready to "bite the bullet" if it all goes wrong. If not, one day a tsunami will swamp you and cost you heavilly if you are on the wrong side with all ...

14 Year Old Forex Trader's Lessons

Well done. Those are very good results mla. However I think 5 days is too small a sample although it looks very encouraging. I think a better picture will emerge after at least a month of forward testing at the minimum. Brilliant results for the ...

14 Year Old Forex Trader's Lessons

Ok, I get it. You are re-averaging your price. Bak

14 Year Old Forex Trader's Lessons

Precisely why I use buystops and sellstops (not limit orders) because we can't tell the future. Everyone has an opinion where they think the market will go. But opinions don't necessarilly translate into positive pips. By using a pending order ie ...

14 Year Old Forex Trader's Lessons