Thanks for the info, Dial. That's new to me.

Anyone using high leverage successfully?

Agree, When I first started trading, I was trying to find a system that generates lots of signal when what matters most is the quality of the signals. Since then, I only use signals generated from daily charts. Less risky trade, better chances of ...

Why professionals "only" make ~30% anually

He meant to say the formula need to be divided by 2 ? Btw this filter yields almost the same signal as those yielded by my trendline method. Great.

price action made eazy

hello all, I'm under the impression that in forex market, the big fish (hedge funds) and small fish (retail trader like most of us) don't eat the same food. Small fish can harvest the pips from small breakouts (20-30 pips during market open for ...

Why professionals "only" make ~30% anually

Oanda can handle such a big order ?

Why professionals "only" make ~30% anually

Something to think about — All I use to trade is support/resistance/trendlines and Fibonacci levels at 50%. If you ask around you will see many people like the daily charts because the information is very well filtered. You can see trends ...

Most usefull and simple indicators

wow great...thanks peeps

Countdown to markets opening

For me, I only risk max 2% of my capital in each trade. Works good so far. Perhaps you misunderstood Kelly formula ? I found this. The Kelly Formula is critical for traders wanting optimal rates of return. For practical application of the Kelly ...

Why professionals "only" make ~30% anually

Great advice. Thanks Jacko. Another tips I wanna share. To avoid overtrading (itching to trade), enter a position using daily charts, and use trailing stops. As long as the position is in the market, your brain will automatically stop "itching to ...

Is The Trend Really Your Friend?

I use oanda too. I luv it.

Guidance for broker

GBP/USD for me.

The Pairs that You Trade

i see — I think one of my friends is just like your friend Nat. I know this guy who's so crazy about trading but the funny thing is he never reads all the materials and techniques that I sent to him. He never backtests and he keeps giving ...

EUR or GBP Which is the most profitable pair for a Novice

hmm — I never knew a female trader in my life. The terms mechanical is quite broad. Tom DeMark is a mechanical trader too. He measures the charts with trendlines.

Think Outside the Box

Exactly my understanding. It has come to my attention that currency market is so enormous that big fishes and small fishes don't eat the same kind of foods.

Why professionals "only" make ~30% anually

best thread — this is such a great thread ... luv it. I share the opinion that the reason pro's don't make insane returns is because of their fund size. Increasing 10k to 50k is much easier than 1 billion to 5 billion. When the money is too ...

Why professionals "only" make ~30% anually

not that bad — You dont have to think of the profits in forex as a loss to everyone else. Let's say you plan to sell your long position. The other side would buy your position to secure his own profits from a short position. If you are too ...

Where does the money come from?

I would use leverage as high as my system allows it. Currently the ideal level for me is 1:100. Why ? Read on. In each trade, my max loss is 1%. If I have 100k account, its 1k. My stop loss is never greater than 100 pip for GBP/USD. Let's say the ...

Anyone using high leverage successfully?

Yes, Daily chart is the gold. I agree. With right tools, it tells us the trend most accurately ...

blew out another account...Just venting...

gaps — whenever I see gaps .. I get out of the market immediately and wait for the next action.....

Candlestick questions

true — I cannot agree more. Thanks a lot.

SRDC Episode II