Respect to whatever you do, and hopefully you will respect stevepatt too. Please note this is a Journal Thread, not a Trading Discussion thread. To me, that means you should be commenting to productive analysis of whatever he is journaling. So, if ...

My Line in the Sand

When I was dealing with anxiety issues, I made a comment indicator to keep me focused while trading. You can change it to say whatever you like, if you know how to change the comments in the code. You might have to adjust the view, based on monitor ...

What helped you the most to be profitable?

I found that it was easier to achieve by accepting it, rather than trying to avoid it. Avoidance is literally impossible, so I named my issues "Poison Arrows" and whenever I feel them, I call them out by name, realize they are with me, and then push ...

What helped you the most to be profitable?

I suppose if the range you select will show that, then it will show under certain conditions. I was thinking if you have a Renko set to 25, and price ranges under 25, then a new candle would never be drawn. You only lose time while waiting for the ...

Secrets to improve your trading performance

As for FF, it is going to get wild in here now, lol. Gain doesn't do investor passwords, so all the Forex Police who demand TE are going to lose their minds

FXCM Discussion

Explain your comment please. As I see it, it would not be detected at all. Renko only moves with price. It doesn't matter the speed, only the direction.

Secrets to improve your trading performance

It probably only applies to momentum traders. I know Renko traders would say: "What is consolidation?", lol. I think a support/resistance trader might be 50/50, depending if they were looking for reversal points to enter. I have no idea what a price ...

Secrets to improve your trading performance

A time frame is just a time frame. The only difference is the number of pips in the range between high and low, and how long it takes to form the range. Lower time frames are good for gaining precision on your entries and exits in relation to higher ...

Understanding Indicators

FF is full of big personalities making big claims. There are non-stop threads about this edge or that edge. After all the work to discover these edges, then many resort to making up fantasy targets for exits, LOL. Those that proceed to the next step ...

Secrets to improve your trading performance

Failure is not real until you accept it. Successful people experience temporary defeat and never fail. We adapt and overcome. It is all about what you believe. If you believe you can, then you can. If you believe you cannot, then you cannot. Period.

Most traders fail because of no discipline!

((Account balance / (broker required margin + 40 pips stop loss)) / Number of pairs). Simple. You won't make money unless you risk it and compound it. If your broker has a margin call, then apply that level to the "account balance" prior to dividing ...

How Much Do You Risk Per Trade?

Don't waste brain power trying to figure out the when's and why's of completely random market movement. It does not matter. You might see patterns and think you can predict this, or predict that, but in reality...Anything can happen at any moment by ...

Psychology, Mathematics and Numerology

I would tend to agree with fxnow. A thousand years ago when I used "take profit" I found that by deducting the spread, I normally hit it more easily. You have to remember too, that if you are trading to some common line, then everyone knows it, and ...

Take profit missed by a pip, What would you do?

A time frame is just a time frame. If you use lines, you can use them on any time frame. If you use candles, you can use them on any time frame. If you use indicators, you can use them on any time frame. If you use multiple time frames, you have to ...

What is your Top 3 or single Daily TF trading strategy, Any?

I would agree that doing a physical activity helps. My first tool was simply a piece of paper I folded into a triangle, like a desk wedge. On one side it said buy, on another sell, and the third was sitting on my desk, lol. I could not exit a trade ...

Trading Apprentice

I am in America at the moment so have to trade with 50:1 leverage. I have a 2% margin on EURUSD. If I add a 40 pip stop loss to my cost, then I only need $25 to open a 1 micro lot trade for EURUSD. If your system is profitable, and you have already ...

Recommend to trade for a living?

You too.

LFX Trading Proverbs

You can also find it at Luke 19:13. Both of these are the same story, but reference that investing for profit is a good thing.

LFX Trading Proverbs

I guess you do not know him? He is a trader. I know him from my days at Sure Fire Trading. This is NOT his system. Good Luck

over 80% profitable system

I do not know the book, but if the author agrees, it must mean something I mean I literary was not effective. It was not a matter of stepping back or anything like that. I would look for any reason to stay in a trade so I would win, and ...

Trading Apprentice