Risk Management from Ed Seykota — Here is an article from Ed Seykota regarding risk. RISK MANAGEMENT And here is a little fixed fractional position sizing calculator for you to play with. In the calculator the enter High would be your entry ...

Money Management - the art of the exit

Your kidding right?

Money Management - the art of the exit

Here is some wisdom from Joe Ross, read it internalize it, do it. SETUPS You only need to master one setup to be a consistently profitable trader. Screen Time will allow you to master one setup. After you have mastered one setup "OWN IT" then you ...

How to use the 123 strategy effectively

You can use the 123 for position building in a trend but the way paulus is using it is to find reversals, he looks for the reverse after each successful trade. Perhaps you should just read this thread from the beginning. Or you can start here with ...

How to use the 123 strategy effectively

Overall your doing all right, so with the holidaze over lets get back into trading. It gets easier with practice.

E/U 123 D1

Nice trades Jacob.

How to use the 123 strategy effectively

OK. The same question again, how about 38.2％? I just want to know what levels are better... According to the rules, the position of point 3 has to be higher than point 1 in an uptrend (lower than point 1 in a downtrend) right? Correct Meaning point ...

How to use the 123 strategy effectively

I saw this avatar around and thought it was descriptive of the euro.......

EURUSD

The Ultimate Trading Guide By Hill, Pruitt, and Hill

what is the best forex book?

Here is a little calculator to help with your position sizing.

How to use the 123 strategy effectively

Not really an issue. these are mearly visuales to help, not hard fast rules.

How to use the 123 strategy effectively

I was wondering how long it would take before someone would kill this system with automation and indicators..........Seems 42 pages is the magic number. Lets do this..... the auto traders and indicator maniacs can start their own thread and not ...

How to use the 123 strategy effectively

Paulus........ I just wanted to say thank you again for all your contributions here, this has been a great help to a lot of traders. It has been a help to me as well in zeroing in on a system I have played with off and on for quite a while, this ...

How to use the 123 strategy effectively

Thank you Paulus.

How to use the 123 strategy effectively

which method of position sizing do you prefer, fixed position size, or fixed fractional, and why.

Money Management - the art of the exit

Hi Paulus, Would you elaborate on your style of MM? Thank you.

How to use the 123 strategy effectively

Some thoughts on Money Management — Here is an article I ran across some time ago, I thought it would be pertanant here for some of you. It's about Fixed Fractional position sizing

How to use the 123 strategy effectively

Regarding your question about being stopped out on your second trade........ You have to remember these markets during this time of year are NOT the norm......... Liquidity is thin and prices are easily manipulated. Price action will return to more ...

How to use the 123 strategy effectively

Are you sure about that?

EURUSD

There ya go gettin all complicated again.....LOL

How to use the 123 strategy effectively