That was a very nice trade mate. Just out of curiosity(on EU), at what price and time was your 1st Buy made and which of the Buys were made while price was rising? Im just trying to get an idea of how the trade developed. Leon EDIT: Middle, highest, ...

Averaging when already In the RED....

I know, I wouldnt mind being off work for several months so I could concentrate more on trading, maby im just too honest, oh well.

What is the best strategy for gowing an account quickly?

According to sources: He is on dissability benefit so he doesnt need to work.

What is the best strategy for gowing an account quickly?

There you go..... Insulting everyone else that you mentioned.

Forex Factory Hall Of Fame

If you seriously beleive the above Bold (and it isnt just some dream talk)then that Is all you need. Rinse and repeat over and over for as-long as It works compounding all the way. Give me a 99% sure 1pip a day and Id be a very happy bunny. EDIT: ...

10 pips daily isn't enough?

MP, smjones is correct. If you are unable or unwilling to prove your claims about the fund then you should refrain from mentioning it regularly as you do. To be honest, Its mention just sounds like marketing for yourself. What Is your title in the ...

What is the best strategy for gowing an account quickly?

Its nice to get a look In on how you trade DT, Ive never realy read any mention by you in regards to your method of trading before.

Averaging when already In the RED....

Its all down to controlling your risk...... like always. If you have a possitive expectancy and can controll your risk then there Is no problem.

Averaging when already In the RED....

Any idea what his possition sizing was for entries after the inital one? On 8 averages I cant imagine him increasing sizes much. And any idea about his average win/loss?

Averaging when already In the RED....

Second option, going short when you have a short already in the red.

Averaging when already In the RED....

Its impossible to answer. It all depends on the liquidity at the current price, could take 2 standard lots If that was more than was available at the current price. EDIT: Yes, you are more likely to be able to move the market during asian session.

Trendline indicator (NOT Demark or fractal)

Do you scale out aswell? The reason I ask Is because If you find entries difficult to pinpoint then It wont be any easier to decide on a good exit.

Averaging when already In the RED....

Agreed

Averaging when already In the RED....

And I wouldnt expect anything less from a respected guy like you....

Averaging when already In the RED....

I know, this Is the kind of thing Id be on your side of the fence with usually, but I cant argue with the fact that it seems to be working out... for now.

Averaging when already In the RED....

I once SAW a site where each currency was measured In relation to a big mac, cant find the site now though.

Trade with one currency

Oh, I took your post as a blanket statement that there is no order/predictability to the Forex market, ie. totaly Efficient. Thats what I get for not reading the whole thread.

how do you handle retracements?

Surely you have to somehow assign some kind of order to market moves, otherwise how can you profit?

how do you handle retracements?

I think you stated the number one consequence above (bold). There is nothing smart about risking 1% a trade If you have a hit-rate of 80%. You take measures to Identify your hitrate and then decide on your risk apitite. If you are comfortable with a ...

Underleverage and the consequences