Two more considerations.... — Both those accounts were traded during the same market conditions generally. Market conditions can change year to year. Statistically significant... Those performance numbers.... are they based upon at least 500 ...

I have a profitable trading strategy. Should I quit my job?

This sounds scary — This sounds scary.... perhaps you should include in-trade drawdowns and worst drawdowns in your performance statistics. So, you've got about a year at Forex.com and Oanda....averaging a little better than 2% per month... ...

I have a profitable trading strategy. Should I quit my job?

I've moved back to Oanda... — I traded 'Pay for Limits' actively, scalping from June 2011 to June 2012. The beginning of the decline of Navigator Pro 'Pay for Limits' was the exodus of MT4 clients to the Free EXN (MetaTrader only) after ...

MB Trading Futures - Introduction

After April... — After April's negative P/L, I committed to keeping my position size smaller throughout May. My best month (January) didn't result from larger positions, but my worst losses this year have. Very little screen time overall in ...

Paradigm Shift

Things to forget... — (my opinions) Forget about starting a "hedge fund" or working for a prop firm. The costs to startup a fund are extreme in the current regulatory environment, and most Forex "prop" firms seem very dubious to me (i.e. "we ...

Trading For a Proprietary Firm

For eipi... — On MB Trading main page click Forex, then scroll down to Misc Fees. url There are multiple options for check withdrawals it seems. It might be slow through the mail since you are outside the U.S. I recommend setting up an ACH ...

MB Trading Futures - Introduction

Nice Work.... — Nice work Justin and MB Trading! I wasn't really concerned about this because my amounts were not large. I did not submit any account info. I was just happy that they found the "bug". But... they did identify my account (as one ...

MB Trading Futures - Introduction

Depth of Market... — Is there Depth of Market info on Free EXN MT4 accounts? I was testing one of my Demo MT4 Free EXN accounts, I also logged in to Navigator Pro and switched accounts to that Demo. The pricing did not line up. Is there Depth ...

MB Trading Futures - Introduction

Incorrect Commission charges... — I, too, have now had an undeniable incorrect commission charge. My limit order was during a somewhat fast market (not during news release, about 10 min after) ....but it did rest in the order book for 9 secs ...

MB Trading Futures - Introduction

Please share this sentiment during "decision times", idea meetings, etc. — Have been a big fan of PFL, disappointed when the Free EXN took away customer liquidity from it ( I've traded PFL for 10 months daily, I know the difference). ...

MB Trading Futures - Introduction

Liquidity... — I too have noticed the change in liquidity. I scalp for very small profit targets. I have traded the PFL plan for about 10 months. I have over 1000 executions. As a Pay for Limits trader we are essentially competing against the ...

MB Trading Futures - Introduction

March Update... — February brought large drawdown, volatility was high. Honestly, my position sizing wasn't terribly different from January, but the losing trades were more frequent. With multiple Bernanke testimonies and the Fed funds rate ...

Paradigm Shift

Currensee... — I had asked months ago whether the Currensee API (at MBT) ran properly or was there a problem on Currensee's side. I have used Currensee since last November. I have never seen the Pips Gained/Lost show on Currensee's site. It's ...

MB Trading Futures - Introduction

Good question... — I usually won't trade on the PFL EXN if the spread is higher than 1.1 pips. Let's assume it is generally 0.9 pips. I really, truly only use Limit orders to enter. There are a few instances (less than 3%) where I pay a ...

Paradigm Shift

Great work... — Brilliant creations... This, along with your Scalping with Sound indicator, url and your Improve MT4 Execution Speed script in your signature, ...very innovative ideas!

Performance History Analysis Excel Spreadsheet

My opinion... — With this, you are simply trying to avoid losses (in a modified way). No. Take your basic framework 25 pip SL and 50 pip TP and concentrate on your entries. Keep position size small enough so you can have perhaps up to five ...

Lotsize Question for Experienced Traders

If... — If you are trying to do this- Stop using MetaTrader... start using MB's Navigator Pro with Limit Orders. If you have some automated system that you MUST run on a free platform, then I guess you should keep using MT4. Though MBT put ...

MB Trading Futures - Introduction

Thanks for the interest... — Hi Salestrainer and belajarfx, thank you for your support. I will post more insights into how I trade at the end of the month. Currently, I trade the European/US overlap approximately... 9:45am-12:45pm EST. I also ...

Paradigm Shift

Dos and Don'ts — I don't look at chart patterns (dojis, hammers, etc), pivots, or fibonaccis. I don't try to correlate. (EUR/USD vs S&Ps or EUR/USD vs GBP/USD) I don't use MT4 or expert advisors. I don't chase price. (“breakouts”) I do have a ...

Paradigm Shift

Bad Psychology and Me — I am not a Zen Master. I am not an unemotional robot. I do get angry when my trades move against me quickly and I am elated after making 3% in under an hour. There is a lot of “talk” on the forums about people trying to ...

Paradigm Shift