I closed the sell order in profit and opened another buy. I then trailed both buy orders for a nett profit above my average entry line. Hope this now makes sense, how you enter the market is up to you, i don't have a system I can teach you but this ...

Fagin's Corner

Now I will watch and hopefully trail both positions into profit and cancel the pending sell order.

Fagin's Corner

Now I have closed the sell in profit, added a second buy and a pending sell. The white horizontal is now my average entry price: image

Fagin's Corner

Hi Ulisesrocker This is the beginning of the trade, 1st a sell which I then hedge with a buy as it has gone to where I would normally place a stop. Now I wait for it to move either side of the hedge positions, i will then close the side in profit ...

Fagin's Corner

image Buy hedge closed, 2nd sell opened. All flat, done for the week.

Fagin's Corner

image Easy reversal this morning. Currently hedged and waiting for a move.

Fagin's Corner

No it isn't zero sum. The clue is in the name Foreign EXCHANGE. You simply buy or sell at a spot price and the next price determines if it is value or not. No psychology involved. You can take your own opposite side of the market if you wanted, very ...

Does anyone still believe that Forex is a zero sum game?

image If you are called Charles and it might be helpful if you also live in a friendly country that doesn’t support western extradition, might be profitable….

Prop Firm Hub

Nah, I think they’ve got his number by now

Fagin's Corner

Hey Mr T. Nice to see you, hope you are well! Heard from Billy recently?

Fagin's Corner

image Today was excellent, much less work and a great finish to the week.

Fagin's Corner

image My cover position got tagged by the spread which just happened to be the high of the day on the 24th but...... ugly ducklings can turn into a thing of beauty.

Fagin's Corner

And after KYC, photo ID, address, date of birth.. what's funny is paying are paying to give this away too. Perfect crime..?

Prop Firm Hub

I’m not advocating the Rapid account. I get that English may not be your 1st language so I will give you the benefit of the doubt. However comparing terminal illness to trading accounts shows you have much maturing to do.

Prop Firm Hub

By that statement you are clearly a complete idiot.

Prop Firm Hub

You are missing the point. Folks can’t pass eval. That’s why MFF and FTMO exist.

Prop Firm Hub

Hi yes you have misunderstood this. You get a 10k live account (which you get paid 80% on) and you can trade the 100k demo account which you get paid 12% on. I’ve been through it and it’s not worth the effort for me but I guess it depends where you ...

Prop Firm Hub

What is your problem? If it time limits there are other options for you?

Prop Firm Hub

I agree, it's an interesting development and welcome to those looking to get funded under reasonable conditions. I would imagine the stats wouldn't alter much for MFF and FTMO considering nearly all their traders lose once live after only a few ...

Prop Firm Hub

You would just have a no weekend trading rule. All close Friday night. That’d sort it?

Prop Firm Hub