Hey Samson, Mostly break even for the 1st half of April. Took 7 trades mid month-ish after price on USD pairs FINALLY broke tech levels. AUDUSD - SHORT Entry 0.77235 April 20th, Exit 0.75235. No Add-Ons. +200 PIPS. 9 Trading Days. Closed position ...

Fundamental Trading Always beats Technical Trading 100%

Hey Samson, How goes it? My trade of the month is/was GBPUSD. After breaking the 1.4100 level it has been on a great down move for the past 2 weeks. Currently 500+ PS. All other USD pairs in my portfolio are all in the 250-400 pip range. Been ...

Fundamental Trading Always beats Technical Trading 100%

Nice moves Samson. This might just be the excuse for bears to get a nice retrace going on GBP. If you notice on the TECHNICALS price has been playing with the 1.4350s on the GBPUSD, a high not touched since January and before that June 2016, ...

Fundamental Trading Always beats Technical Trading 100%

No harm no foul. Everyone is entitled to their opinion. Good luck to you as well. - Ric

Fundamental Trading Always beats Technical Trading 100%

No need for an apology. Not sure what I did to this guy but he feels how he feels. Its all good. - Ric

Fundamental Trading Always beats Technical Trading 100%

Its alright Samson. No need to apologize. I cant be offended by people I don't know or who do not know me. I have come to expect this sort of thing. - Ric

Fundamental Trading Always beats Technical Trading 100%

See exactly what I mean. All Ego. Never spoke to this person or said anything negative about them yet I get bashed for speaking my mind. Childish uneducated response. Thanks for proving my point son - Ric

Fundamental Trading Always beats Technical Trading 100%

Man, this fantastic stuff. I love how people who don't know each other can get so pissy about comments that don't matter. Everybody wants to be right. You know what it does not matter. All I see up and down this forum is people who think they know ...

Fundamental Trading Always beats Technical Trading 100%

I find it hard to understand why people continue to argue on the importance of both fundamental and technical analysis. The truth of the matter is you need to understand and use both. Technical analysis is important to use and understand because ...

Fundamental Trading Always beats Technical Trading 100%

I actually closed those trades. Waiting for the fundamentals and retraces to shake out the look-e-loos and short timers before I can get an accurate depiction of what I'm going to do next. Same with GBPJPY. - Ric

Fundamental Trading Always beats Technical Trading 100%

No risk no reward. However, as I stated, the only reason I do add-on is IF price does NOT close above/below the trend line. Otherwise I close if my stop-loss was not hit. I do wait for that small retrace, thank you scalpers & intra-day traders, and ...

Fundamental Trading Always beats Technical Trading 100%

No problem at all my friend. You did not upset me in the slightest. I was just trying to help out fellow Dragon Riders. have a great weekend -Ric

Dragon Riders GBP/JPY

It was just an observation based on the daily charts. No need to get snippy. If you trade short term that's fine, but maybe some people want to trade a bit longer term and me suggesting to watch out for a obvious point of support or resistance is ...

Dragon Riders GBP/JPY

I have to disagree with you. A return of % is a better way to calculate over a dollar amount. The pressure comes from having to meet that dollar goal. If you can get an average %, the dollars will come with that. Do you even know how much you would ...

Realistic Monthly Trading Profit?

0.5% to 2% with proper money management is a realistic target. You will have months you lose and months you win. You have to be realistic about goals. People who say they hit double digit % consistently are not being fully truthful. Think about it ...

Realistic Monthly Trading Profit?

We are humans. We run on emotion. The markets are traded mostly by humans, except for BOTS, HFTs & EAs, so it is impossible. But like some of said, use a EA that you understand inside and out. DO NOT TRUST LIVE MONEY WITH AN EA YOU DO NOT UNDERSTAND ...

How to Become Emotionless

A previous example on another conversation about stop loss use. url Never trade without some sort of stop loss. Even if your sitting at the computer with the your finger on the trigger, you can miss. -Ric

Trading without stop-losses

Daily or or weekly. Especially if you work or go to school. You can spend extra time in analyzing trades and controlling your money management. The key to surviving and thriving in this market -Ric

Part Time Trader

in a live account 50:1 or less. If you cant handle that, you have no business trading with high leverage. -Ric

What leverage is best for a newbie?

1% or less depending on margin requirements and how many open trades I have. I do however add-on to trades after pullbacks so long as my trend-line is not broken. -Ric

How much do you risk per trade?