A stop loss is not a negative edge any more than a "take profit" is a positive edge. Otherwise you could just put a TP and no SL and have a positive edge. And about the whole "guaranteed to buy high and sell low" with a SL, likewise you are ...

Trading Without a StopLoss

Half size 22.9 + half size 49.05 = "full" gain of 35.975 pips.

Zenith Trading Market Insights

Spoken like a true professional *cough*.

The two components of FX: focus on volume not pips

Depends on the commodity, you could easily get money flowing out of them due to expectations of reduced demand for said commodities during economic downturns.

Money management turned upside down

Well personally I don't use volume like that, but I won't get into that. As for using futures volume to trade spot, yes spot and futures do move together to an extent I believe but I'm not sure what effect contract expiry/rollover has on the ...

Economic Question: Why is price affected by supply and demand?

That's pretty much it. Every buyer becomes a seller and every seller becomes a buyer - because they have to close out their positions in order to realise their profit or stop their loss. Take the sellers who sold into an area where the market then ...

Economic Question: Why is price affected by supply and demand?

Don't worry about this talk of "inventory". The market moves because buyers lift the offer and sellers hit the bid. If we run down into a "demand" area - which presumably will have thicker bids - then either the bids will get filled or they won't ...

Economic Question: Why is price affected by supply and demand?

What if the market blasted through right after you entered, not allowing you to get anything close to BE on the trade and hitting your SL right away. Would that still have been a good entry? If so, then the criteria you listed are incorrect as ...

What is a good entry?

Money management isn't an edge. So it's incorrect to say that following any strategy will win with proper money management. There must be an edge to the strategy.

Again! Specifically, what is price action?

The paper/section talks about whose "order flow" tends to predict future prices on certain time horizons, not who is successful in trading forex. Corporates don't tend to "trade" (that's not to say they won't make good/timely decisions about when to ...

Where are big banks buying or selling?

Fxism, you can get "L2" from lots of places but as mentioned above it's not a centralised exchange so you'll only be seeing part of the market. And from what I recall last time I looked at a few spot fx brokers, it was only DOM not T&S, which imo is ...

Where are big banks buying or selling?

Have to agree with Trance - though Douglas's writings may well have merit, you are still "listening" to someone who was not a successful trader tell you about psychological traits (or whatever) you need to develop to be successful. But what ...

After years in trading, do you still believe in get-rich-fast BS?

Happens to all of us and isn't (shouldn't be) surprising. If you buy some price, that price becomes emotionally important to you. If the market breaks lower rather than bouncing you might decide to get out for as small a loss as possible, which ...

do you ever get the feeling

Yeah you seem to understand it. You sell the bid and buy the ask. If you're short, your stop loss is a buy order. If the spread widens, the ask goes up (and the bid goes down... all things being equal). If the spread widens enough that the ask ...

Slippage explained

I suspect your chart is showing the bid, whereas your buy stop order would be triggered by the ask. Due to the news I'd expect the spread to have been widened significantly, so the ask could have easily triggered your stop even if the bid didn't ...

Slippage explained

You (not you specifically, just in general) can read 100 books and it won't make you a better trader. You're not studying for a degree.

Which book should I read first among these 3?

And there's a reason for that...

No more BS - What have you learned?

Talking fx also has Asian session coverage, but you need to pay extra for that afaik. Haven't used the squawk at OFT but "usually silent" is normal, same as tfx.

Forex Live News Feed?

Absolutely.

To be the best

Let's be realistic. OP decided that, based on a weekly chart, there would be no tapering. It doesn't mean that there was any correlation between his analysis and the outcome; there either was going to be tapering or there wasn't. As it happened ...

Taper? Maybe not, look at this chart