You need to do some studying. You should know the various methods of exits. I suggest you look up volatility stops. They're flexible, work on any time frame, and unlike other types of stops, they actually have some relationship to the pair and its ...

help me on stop loss!

It's official...the new name of the world's largest tower is Burj Khalifa bin Zayed (he's the leader of Abu Dhabi and the UAE, and the son of Sheikh Zayed, the father of the UAE. The family name is Nahyan). See what $10 billion buys you nowadays. ...

Dubai and its problems!

Abu Dhabi is shrewd in their dealings with Dubai. AD has plenty of oil, they're not in any type of trouble at all, whereas Dubai doesn't have much other than dreams. My understanding from Emiratis is that AD got some hefty concessions from Dubai ...

Dubai and its problems!

Try this. For the next 3 months every time you win a trade take the exact winning amount and immediately give it away. Give it to a charity or someone who really needs the money. It doesn't matter if it's $1 or $1,000, just give it away. That'll ...

Removing euphoria from winning trades?

Here you go. This guy has done quite a bit of research on candles. url

Looking for link to candlestick patterns probability success %

Interesting isn't it, how his only response so far as been to how the platform works. The issue of psychology just doesn't register with people in the beginning. I think one factor is the typical belief that it doesn't happen to me, only to others, ...

Difference between demo and real trading

Is there anyone left in the world today that knows what the term "racist" actually means? From what I see, I don't think so. The world is definitely getting dumber by the day. Oh, I also vote for the bin. I like both DT and Jacko, but this really ...

Forex Mentors - The Best Investment You Can Make?

The last two — Two more pics.

Why a chart pattern fails?

That's a very good point. There are some things that show up on multiple time frames though.

Why a chart pattern fails?

Well said.

Draw Down Experiences and Recovery

People have to remember what he is suggesting is part of the learning curve. It's just like having kids, no matter how many times you tell them, they've got to actually touch fire at least once to internalize that it's dangerous. To the OP, good ...

Help creating a 1 pip system!

Yep. Try this. Everyday before you trade, think about trading. Try to envision putting on trades. See if you feel any anxiety about it...I'm sure you do. Then ask yourself this. What is the upside of me putting on a trade? How does it benefit me. ...

Draw Down Experiences and Recovery

I want to say thanks for this. I found it about two weeks ago and I think it's wonderful. I greatly appreciate your work.

New very cool CandleTime and session time Clock indicators

Most of us just can't believe that making money trading can be done so simply. We equate complication with sophistication, efficiency, and quality. While that may true in some areas, it's not true in trading. As mentioned, get in with the flow of ...

Why we have innovated so many trading system?

The four-minute mile was considered unbreakable for a very long time. After Bannister broke it, a handful of men also broke it within months. The implication being that once others saw something was possible, they were able to do it as well. It ...

Optimized Risk vs Reward Equation

Hmm, I'm not sure. Do you think we even need the same species?

Why do we trade?... no really, why?

I'm looking forward to that day when I wear them. Just one less thing I have to think about.

Small Facts That are Vital For Survival

Hey, why don't we take up a collection and get Opie laid?

Why do we trade?... no really, why?

I agree with this, with the caveat that this only occurs after you've been at this for some time and haven't blown your money quickly. I've been trading for 7 years now and my life is better not because of the money from trading, but from the steps ...

Why do we trade?... no really, why?

Wear Depends when trading NFP.

Small Facts That are Vital For Survival