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Steviet's Live Trades!

OK, firstly I'm not sure if I'm allowed to put a link in here - it is a free service as far as the end user is concerned. Secondly, I would suggest that unless you have a micro account that allows you to place trades long and short on the same pair ...

Steviet's Live Trades!

Cool Jody And there was me thinking I was the only weird one

Steviet's Live Trades!

Yup you're right Norm - my platform had a high of 229 84. However, it was only one position and that's OK. Remember, I had and still have 5 shorts open at under 225, the lowest at 222.82. That particular one wasn't looking too clever at minus 700 ...

Steviet's Live Trades!

No, that's not something I would generally do. It's so difficult to explain exactly how I trade - it's something I've learned by many hundreds of hours staring at these blessed charts. I still consider myself a beginner - I think it's best to always ...

Steviet's Live Trades!

1. Just because I'm generally bearish on a pair doesn't mean I won't take a trade in the other direction. 229.20 break was important from the daily's so I took a long to partly cover my 8 shorts I had open at the time. If I see an opportunity I ...

Steviet's Live Trades!

No problem

Steviet's Live Trades!

Before I start Scott, that's one cool avatar Yes, you're not far wrong. Mainly I'm looking at daily & even weekly for general direction and take special note of the supports and resistances on those timeframes. Entries aren't hugely important ...

Steviet's Live Trades!

Hi Sam, 1. Ok, if the trade goes against me (and it often does) it just floats until it hits the stop loss. In nearly 600 closed trades since mid September I haven't had a losing trade although a few have got to nearly -900 and still ended up taking ...

Steviet's Live Trades!

Hi, I guess I normally have an average of 5-7 positions open at any one time. On 3 occasions during November I had no open positions by the end of NY session but that hasn't been common. I tend to average 200-300 pips a day when I'm working ...

Steviet's Live Trades!

Hi Sam Firstly I don't use MT4 & I'm not going to be posting trades as they happen any more. I've had a year of listing every single trade in here and I made a promise to myself that after Nov 1st I would take a break. To give you an idea, once a ...

Steviet's Live Trades!

[quote=alcastro;1751256] Hey there In theory yes, in practice it hasn't happened yet and if it did it would be rare. The only way I'd truly be risking 20% would be 1. If all 10 positions were open at once (that's the maximum) 2. If those 10 were ...

Steviet's Live Trades!

I'm still around — Hi Norm Firstly I'd say that the amount of pips we're talking about doesn't really matter - what does matter is % risk and returns. I've settled on using a position size of 0.2% with a maximum of 10 positions on at any ...

Steviet's Live Trades!

Nothing has died Norm I started the journal in Nov 06 with a view to recording all my trades for a year. I did that and now just pop back occasionally to update for those interested. By writing the journal and interacting with people far more ...

Steviet's Live Trades!

Hi Raja, How I've been trading these last few months especially there is no actual 'system'. There is a method to my madness and I have various rules to keep myself in check. I don't use indicators and unfortunately it's not something that you can ...

Steviet's Live Trades!

Hi again Yes you are right - to use the same low risk levels as me you would need to trade 0.1 lot for each position on a $50,000 account. It may well prove that you can safely trade 0.1 lot on a $25,000 account but time will tell. This does ...

Steviet's Live Trades!

OK, I'm still with my original broker at present as they suit my method with the capital I have. I'm only trading a few thousand dollars on my own account although it looks like I'll be working with an associate in the New Year who is currently ...

Steviet's Live Trades!

LOL Scott - you got it - sorry for the confusion Kind Regards Steve

Steviet's Live Trades!

For attn of Afxtrading — Hi, I've received a pm from you but it won't allow me to reply. I think you have to change your settings in your profile to accept pms. Kind regards Steve

Steviet's Live Trades!

Hey - great to see you revisit the thread Thanks for your kind words - I've basically put together what I've learned over the last year and these last few months things have gone very well. The last couple of weeks I've been off work so my daily ...

Steviet's Live Trades!