Things I did well in October.... — 1. I stuck to my stop loss limit per trade. (No losses over 10 pips). 2. Scaled down to half size after revenge trade session when I was trading double normal trade size. Down 12% for the month. I am totally ...

What percentage profit per day IS possible?

I may tape this to my monitor to remind me of this story... it makes me laugh and keep a proper detached, trade-neutral, positive mindset.

Strategy of losers

If... — If he (her father) is part of a larger company and they have a department which would handle registrations...I would say..."go for it". It is my belief that the registrations process is to identify previous felons, or people within the ...

Becoming A Commodities Broker? Series 3 License

Personal Finance being a factor... — This may be comforting but the circumstances are not exactly the same. I successfully passed the Series 7 and became registered with the NASD (not the NFA, I know...) with a personal bankruptcy on my credit ...

Becoming A Commodities Broker? Series 3 License

Good thoughts, thank you... — Thank you all for your input, I appreciate the thoughts. I am coming to the belief that smaller time frames allow more opportunities to exercise an edge in the market, but... Trading in smaller time frames (i.e. ...

What percentage profit per day IS possible?

Trading in the Zone — I read Trading in the Zone by Mark Douglas yesterday. If you haven't read it, you should. I wish I would have earlier. Last week, I did bad "things". Some revenge trading, adjusting trade size irrationally, etc. Almost at ...

What percentage profit per day IS possible?

Hard Stop Loss — I use Oanda, so it's pretty easy. My scalp methods/system have a fixed, constant, always present unchanging stop-loss on every trade. Basically, for scalping, all the trades should be the same in our eyes, a 1% or 2% bet (or ...

4% A Day Forever

Vegas — There are craps tables in Vegas. Perhaps your bets there would be more worthwhile, at least you'll have a crowd around you cheering you on and free drinks! (Instead of sitting home alone at your computer) Good Luck to you, I hope you ...

Get millions or commit suicide!

Is there a trend? — Does she have a tendency to give birth to older large-sized donkeys? That would indicate a TREND. TP = 14 year old, 600lb donkey Stop Loss = ?? (still working on it)

Myth Busters the Forex Edition

Michael Marcus quote.... — Michael Marcus quote from Market Wizards, by Jack Schwager... " There were years when I was up 300 percent and he was up 1,000 percent. He had a very great gift." (talking about Bruce Kovner) From this, I feel that ...

Make Millions Trading Fx

The Way of the Turtle... — If you are interested in designing a system along those lines, pickup the book "The Way of the Turtle" by Curtis Faith. It's a decent read, for history (from an insider) of the "turtle experiment" and definitely ...

55 day channel and 21 day Trailing Stop by Van Tharp

I appreciate your thoughts... — I appreciate the replies...and I know some variant of this question has been asked here in the forums by many. I have some experience in trading different markets, but don't confuse that with me being a good ...

What percentage profit per day IS possible?

Great Journal! — I really like your analysis. Your "Daily Market Insights" back in 2007 are quite good, you should try that again. Yes your results are extraordinary, but your job is not to "be right". It is to keep pulling that trigger and ...

iiivb's Journal

The true question should be... — What AVERAGE percentage profit per day is possible? Obviously, this depends on the systems or methods. If you have a system or method with positive expectation or an "edge", then the only other question is... ...

What percentage profit per day IS possible?

Thank you for your thread... — I've read all of it from beginning to end. Very sobering, and it definitely adds value to the forum. Glad to see you're back at it, wishing you many pips to come.

4% A Day Forever

MT4 now live on MB Trading — MetaTrader 4 is now live with MB trading. (just an update)

Scalping with ECN brokers

MB Trading Broker reference... — MB Trading is a great broker. I have used them for equities, futures, and now forex. Deposits and withdrawals have never been a problem. I've been with them over 2 years and traded full-time with them, platform ...

MB Trading Futures - Introduction

for thought... — I'm not truly trying to be negative because I think research and hard-work pertaining to building a mechanical system is educational and rewarding... that being said... The same pitfalls of emotion exist when using an ...

Mechanical System - Emotions Discussion

Nice research here. I have been a loyal ECN Forex broker fan (MB Trading) but recently tried Oanda as well. It is a near fair comparison. Both brokers and platforms have distinct advantages as stated in this article. As Fxopportunist wrote, ...

Market Makers & ECN’s, Is the grass greener?