Forexfury, I think you and I have completely different trading experiences. I choose not to live in your "few pips here and there world", but if that works for you than that is great. That's what makes a market, difference in trading styles, doesn't ...

How can I get 99% of profit trades? this is my idea...

Hi Nepul, I wish you luck in your endeavor. Nothing is impossible but if I'm honesty what you are describing is trading nirvana. I see so many traders on this site spending countless hours on developing a great trading system and very little to ...

How can I get 99% of profit trades? this is my idea...

gd mng Alfis, ok on the adr, those things you mention I use as well. But I think also think its very important to look at cost per pip in dollar terms(or whatever base currency you use) as well. As of today, the USD pip for EurGbp is $16.60 vs. ...

Money management in reality

adr??

Money management in reality

What helps me are trading axioms that really sum up concisely what the "right" things to do are. I have a category on my website called Trading Quotes, you might it useful. Quotes from some of the best traders spanning over 100 years.

Money management in reality

My AudUsd short is probably not the best example, I did it because the USD Index made a decisive break through a important resistance level, therefore I sold AudUsd and would have only given it 5 pips (these are just some of my seat of the pants, ...

Money management in reality

Hi alifis, I understand completely what you mean about having money on the table and letting turn into BE. I have done that so many times during my career. What has helped me is constantly watching all the currency pairs I trade to get an idea of ...

Money management in reality