I know the question is directed to Graeme. However let me explain what I've learned from Graeme in this thread. The answer lies in the first 10 pages of the thread IIRC. Basically we trade both buy and sell by taking low-risk entries. Take any ...

Building an equity millipede

Even Soros would be impressed LOL ...

Building an equity millipede

Thanks you for your great reply. 1) I could have been lucky because many pairs are trending this week. However, to establish my 11 current open (SL at BE) position: - 22 losing trade (SL got hit) - total loss 5% of account - 8 trades stopped out at ...

Building an equity millipede

Welcome back sir .. thank you for your guidance ... I've started practising your method since yesterday .. I just managed to deploy 11 positions with SL at BE in 12 currencies ... I improved my entry with the golden rule that you taught "Long above ...

Building an equity millipede

Look for vHandstrade in this forum (or you can Google as well). Its a free MT4 simulator for practising manual trading.

Building an equity millipede

Its good ... use it ... I dont use it because there's no MT4 and low leverage ...

Malaysia

110% agree with you ... — After sometime ... we will have legions of soldiers working hard for free ...

Building an equity millipede

I think somewhere in the post Graeme says for a USD 5000 account ... 0.1 lot is ok. But please verify this again. Btw ... 0.5% per trade is not so small if u are trading 12 currencies .... assuming all trade got burned ... you lose 6% of the account ...

Building an equity millipede

Hmm let me help you with this. Seems like Graeme will be away for a while. I really hope he comes back. 20 pairs is way too many pairs. Pick 5-7 major pairs. I promise you will be very2 busy. Make your position so that its 0.5% risk per position. If ...

Building an equity millipede

Please read carefully (and with good positive intention) before posting question. Anyone who make 3 x R:R 1 to 1 trade per day cannot make 700%. The math is not that simple. In some days, you lost 1 trade to make 3 wins, some other day you have 6 ...

Building an equity millipede

Thank you Graeme for your efforts. I'm practicing the 20/20 trading as advised. And I have to come to notice that .. a short below both daily close and daily pivot level and a long above both daily close and daily pivot level are good low-risk ...

Building an equity millipede

This thread is GOLD — Been reading this for a few days ... this is one of the best material I ever read for a long time. I'm practicing this strategy.

Building an equity millipede

You need somekinda of rules to protect yourself from human fallacies. e.g. "Hey, I been trading this setup for month with 90% accuracy, why not I bet 30% of my account now this is the first and the last time I'd bet this much." *poof* ... margin ...

Is having a defined trading system so important??

A genuine market makers go long not because to make profit. It's just the way the business is. Every long must have a short, otherwise a trade cannot happen. Retail orders are mostly too small to be offered to the banks, hence market makers will ...

Why are most retail traders usually on the wrong side of the market?

Kewl ... hehehe ...

Malaysia

I'm a private equity investment manager by profession. I still daytrade forex on my PDA during office hours. I check my charts once an hour during active market hours. There's no problem at all because it takes only a few seconds to check the ...

Would you stop trading if you found better paying job??

I hope its not "fresh supply of bad ideas"

Why are most retail traders usually on the wrong side of the market?

Pivot levels.

What Is Your Best Exit Strategy?....

I think it's because unsuccessful traders do not know how to exit. Try placing a buy or sell randomly. Most position will be profitable, even for a minute. If you're lucky .. you will still be profitable after a few hours with tens of pips. Even if ...

Why are most retail traders usually on the wrong side of the market?

Try Bird Watching in Lion Country. Insightful book.

Malaysia