Great drill to learn trade management and not being loyal to your trades. Your in a downtrend and you keep getting buy signals, do you stay with them, or exit as soon as possible? Great way to learn trade management.

Exit is more important than the entry

Yup, I do both demo and live, have different demo and live accounts for different strategies and testing. -snacker

How different is DEMO vs. LIVE account trading

The only way to know is to try. You can not possibly explain the difference between demo and live trading, in a forum post. Why, simple, everyone reacts differently to live trading, there is no common reaction or common explanation. One guy can move ...

How different is DEMO vs. LIVE account trading

Just because a market has lower liquidity, which can lead to higher/lower volatility doesn't mean it is untradeable. To me it is irrelevant when during the year I trade, I trade when there are opportunities on my charts. If theres no opportunity I ...

Boring Periods of year in Forex !

Mises is one of the best sites out there. But don't get the illusion that we live in a free-market laissez-faire economy. The housing market is subsidized all over the country through the low interest rate policies of the gov. it is essentially ...

Saving Capitalism from Capitalists....

True, whether something is open source or closed is the decision of the author of the code, not the users.

james16 Chart Thread

Agreed for the most part, I think you misinterpreted where I say "DON'T THINK' When I say 'DON'T THINK' I meant, when you see a pattern, setup, PA, don't think about it to the point of paralysis by analysis. I meant don't try to psyche yourself out ...

james16 Chart Thread

Got to get bloody and start somewhere. In athletics there is this thing called muscle memory, as you perform a certain action many, many times your muscles start to build a memory for the action, such as shooting a basketball, a golf swing, throwing ...

james16 Chart Thread

I can recommend on your search for knowledge, to ask yourself 2 concepts: Reality 1) What is the definition of capitalism/free markets? What are its elements? What are not its elements? What are the definitions/elements of other economic/political ...

Saving Capitalism from Capitalists....

I have a little saying printed in BOLD above my monitors. DON'T THINK HAVE RULES PLAN EXECUTE Here is are charts I posted on EG, at 61.8 RT url url

james16 Chart Thread

Trendline on longer term time frame. image 5M pin, soon to BE, and wait, EU may retrace and touch the trendline, but another opportunity may come. image

Jankone M5 thread

I originally sold off at the long term 61.8 retrace as per the thread here url Price then retraced again to the 61.8 retrace of the bearish range, sold again, at the 5M TF, I want to hold this longer since the long term 61.8 retrace is pretty ...

Jankone M5 thread

I sold at the long term 61.8 retrace of this pair, I wanted to get in at the 1 hour pin but wasn't around so entered on the 4hr, its really moving down nicely. I was long and managed to exit at around .928, now short. The 61.8 retrace is one of the ...

EUR/GBP Trading Room

1) I wasn't expecting anyone to get upset over a comment I made, with a /sarcasm. It's an internet forum, lighten up, its not like its war. 2) Wikipedia tends to be fairly accurate. The majority of the writers are educated in the fields they write ...

(binned per thread starter's request) Behind Price-Orderflow

When I said interpret through charts I meant, support/resistance, pinbars, patterns and such.

(binned per thread starter's request) Behind Price-Orderflow

I have a feeling, posters on this thread are trying to create their own 'order flow religion' or trying to find a 'new age philosophy' to guide their life /sarcasm. I can assure you it is much simpler than that. url url That is exactly the point ...

(binned per thread starter's request) Behind Price-Orderflow

I have not read the whole thread but, on post 193 you posted a paper about informed traders and types of orders. The data they use is old from 1990-1991. IMHO this article is somewhat irrelevant. Since then there has been a lot of changes, from ...

(binned per thread starter's request) Behind Price-Orderflow

Thanks alot, is there going to be an update schedule such as every week, two weeks month? Thanks

FXCM/DailyFX Signals and Strategies

From my experience a system can't be 'proven' to work or 'guaranteed' to make a specified amount. The market changes so much its a dynamic thing, thats why your mind and trading needs to be a dynamic and changing thing. Price patterns that worked a ...

Greenspan and Currencies - Delusional?

Here was a nice divergence trade image

Divergence Trading