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Part Time Wealth Building Trading System
Started Nov 22, 2006|Commercial Content|509 repliesI am new to this ForexFactory but bring a lot of experience from an extensive trading ...
Up 250 GBP/USD Pips and Stable — While evaluating and back testing systems is important, nothing compares to acutal results. I joined the Forex Factory this morning and I am stunned at all the great ideas. This is a fantastic forum. I will ...
ATR Based Money Management Formula... — I have attached the actual formula that I use to manage my dollars. This may or may not be compatible with your trading emotions but again is 100% mechanical and protects your account during broad price ...
Average True Range (ATR) Based Money Management — I will post the Money Management fomula that I use and show the ATR' component's impact.
Position Size — I use two money management systems. One is a derivative of the Average True Range (ATR) indicator which basically lowers position size during broad or volatile price patterns and raises the position size during narrow or less ...
Success Rate — Success full trading ratio is approximately 40 - 45%. Can get choppy around entry points. But again, I am looking for the long trends (100 - 200 PIP) such as the GPB/USD trend that I am currently enjoying...
Attachment Has Been Posted — My apologies to all. I have attached the GBP/USD screenshot. Just achieved my 200 pips as I am typing on this trade. Thanks to all for Factory Forex user instructions.... Tkimble
Entry Point Correction — Sorry for the typo. My GBP/UDS entry point was 1.8876.
I am new to this ForexFactory but bring a lot of experience from an extensive trading ...