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Mentors & Tutors for new traders
Started Aug 8, 2010|Rookie Talk|39 replies
Why do so called trading mentors and tutors only target new traders? Are they taking advantage ...
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Fxtrader replied Aug 2, 2010Try to tell novice traders that, they think yu are a fool, until they get a margin call.
Nearly Naked (Simple Trades)
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Fxtrader replied Aug 2, 2010Trade multiple positions and take partial profits on the way up, trailing the remainder of the position and adding more positions everytime a resistance fails to hold. Do the same when the market is going down
EURUSD
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Fxtrader replied Aug 2, 2010We kept adding longs from 2300...everytime a resistance failed to hold, we jumped in...thats how you make consistent profits and grow an account.
EURUSD
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Fxtrader replied Aug 2, 2010Why do people always want to pick tops? keep doing that and yu will feed my family...thanks
EURUSD
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Fxtrader replied Jul 10, 2010It was Jacko marketing his blog which he charged $700 and he is closing it now, so he doesnt need to market it anymore.
The ForexMick Trade Journal- Jacko style
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Fxtrader replied Oct 21, 2009DIBS racking some pips...gbpjpy and cable, swissy and usdjpy stopped for a profit.
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 17, 2009WHY...if yu doubt the method do your own backtesting, my figures or anybodies figures does not guarantee yu success with the method. Might sound rude but its the truth
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 16, 2009100% right mate...thats separates an everage trader from a very profitable trader, if yu look at the gbpjpy DIBS from 13 Oct, it went 100 pips into profit then came back to 4 pips closer to intial SL, then shot up 600+ pips, a trader who had the ...
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 15, 2009Did yu catch the DIBS trades this week gbpjpy long from 142.04, gbpusd long from 1.5850, eurusd long from 1.4851, usdchf short from 1.02720, usdjpy long from 90.15...all trades should still be running now with more than 900pips of unrealized profit
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 15, 2009Since yu are still learning the method, why not trade less than the 8 pairs yu are trading, why not start with the major pairs and then diversify when yu gain experience and confidence with the strategy. A lot of losses with this method so with 8 ...
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 13, 2009Fully loaded with DIBS trades, short gbpjpy from 17 sept, short cable from 24 sept, long eurusd and short usdchf from yesterday...two thirds profit out at 1:1 on all trades = free trades
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 7, 2009There were nice DIBS trades on the 17th of Sept on GBPJPY and 24 sept on cable, if yu use multiple contracts you should still be in..i use multiple contracts and take partial profits on two thirds of the position at 1:1 and let the other ones run, ...
The DIBS Method... No Free Lunch continues
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Fxtrader replied Oct 6, 2009You only see people around when they have winning trades, but when there losses it gets quite. People dont want to lose, but its part of the business we are in. I bet yu most people stopped trading it after a couple of losses.
The DIBS Method... No Free Lunch continues
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Fxtrader replied Sep 19, 2009eurusd, gbpusd, usdjpy, usdchf and gbpjpy...135% per yr
The DIBS Method... No Free Lunch continues
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Fxtrader replied Sep 19, 2009Sometimes forums tricks novice traders, becoz they hear some traders making some ridicolous percentages per month....saying they are doubling their accounts in one month or making 20-30% per week, dont be fooled by these posts...then new traders ...
The DIBS Method... No Free Lunch continues
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Fxtrader replied Sep 10, 2009I am backtesting DIBS, but have been doing it manually on the 5 major pairs....I am not a computer savvy, how do i put the dibs indicator in MT4?
The DIBS Method... No Free Lunch continues