I don't know who said it, but it's one of the best things I've read about trading. "The problem is most people can't outlast the learning curve in trading."

My exprience and lesson in my first week of trading

In my third month of live trading I had a streak of 23 winning trades. Then I blew in one day not only all of the money I had made in three months, but 26% of my starting capital. In the words of Confucius himself, "Shit happens". It's part of the ...

My exprience and lesson in my first week of trading

jtrade and mikkom, thanks for posting that stuff.

A Systematic Approach to Markets

Ya gotta love the human race.

What is the best strategy for gowing an account quickly?

I'll bet dollars to doughnuts, that people will want to take this very simple idea, and drown it in indicators to eliminate the "Bad" trades. I suggest that it's more worthwhile to thoroughly investigate the idea as it is without anything else until ...

Easy Fractal Breakout Strategy

Now another way to play this, and I know it works, but it takes huge patience, is to trail the measure moves. Look at this Hourly chart. Once it broke-out it moved up to 200% line, then came back 85 pips putting a lot of heat on the trade from THIS ...

Easy Fractal Breakout Strategy

Using just the 4 Hr, the first target is at 1.3189 and entry would be 1.3050. IF you set your stop at the other side of the channel, you'd get just about a 1:1 trade. However, you can move down to the Hourly. Using the same entry spot from the 4 ...

Easy Fractal Breakout Strategy

Ok, here you go. Last night when I put up the charts I saw the breakout on the Eur 4 HR. Here's ONE way to trade it.

Easy Fractal Breakout Strategy

The final chart.

Easy Fractal Breakout Strategy

Hey, Nah, I don't share exactly what I do, never have, never will. However, here's a few charts to show what I mean by measured moves. I'm tired now, but I'll try to get some charts up later to show how you can drill down and get better stop ...

Easy Fractal Breakout Strategy

I use fractals in a system that works quite well. For your TP try using measured moves. You'll be surprised at how often it works. Also, using the channel width for SL isn't necessary. Try drilling down.

Easy Fractal Breakout Strategy

There is no "maybe" about it. Do yourself a huge favor...stop looking at the media.

Moral Low, Slump/crisis!!!

Holy crap. After 10 years in the Gulf, I wouldn't trust a local to wash my car properly, never mind manage my money. Close your account... now.

Lesson Learned - Managed Account Abu Awaad (Please comment on this trading)

Moves like that don't happen very often, but often enough. There was no way to predict what the FOMC would say, nor the market's extreme reaction. If you made money on it, you're lucky, especially if you rode it to the top. If you lost money on it, ...

113 pip on candle on FOMC...

I suppose you write copy on websites as well. If this isn't a scam preparation, I've never seen one. Hmmm, only 360 pips a day. You must be an amateur.

Indicators Crap

Actually I'm referring to the trades within a system. For example, I have a system that uses the 4 hr as a trigger, but I move down to the 5 or 15 minute to enter. The system is not mechanical in that each trade looks exactly the same, such as a ...

Failure to Click

Take a look at this thread. It shows how to use the lower time frames when dealing with S/R. Keep in mind that price doesn't always behave this way. Sometimes it just bounces off immediately, other times it'll blow right through it. It's a matter of ...

Failure to Click

You're a moron.

starting a trading house

Dude, outsource the trading to the Indians. You can pay them even less. Or even better, try the Bangladeshi's, they're about 3 times cheaper than the Indians.

starting a trading house

The color coding system is pre-determined. Those that are yellow are deemed to be of low significance, with orange next then red. The red ones are those that can move the market quite a bit when the info is released. Yesterday was the interest rate ...

How to tell if Impact is Good or Bad?