Compounding in trading is a fallacy. Grab as many pips as you can and keep growing each new week. You just can't stop at 100 pips in a week.

100 pips a month, add to the lots as the cash builds up

40 grand in a month?? seriously? What was the trade

Most dollar amount lost on a single trade?

Depends on your trading style. If you are a range trade then your should "chase" the range, but your system will suck on trending markets. The reason why many traders "chase" the trend is because it much easier to trade with.

Why chase the trend instead of the range?

Yea: The ASK price is the higher price on the quote; if you buy then that the price you are gonna pay as the client/trader; this is the price you get when you close a short trade

the Ask price

LOL. Straight to the point. 3 cent, better use a good chunk of your bank roll on education or you are gonna loose every bit of it

thinking of starting this thing once again

An EA won't help you, working on your own trading psychology will.

Is there a way to stop trying to scalp tops and bottoms

Most number of lots on the GU in the least time; The EJ is naturally volatile and the eurusd is the midway between the those two

What pairs to trade for best performance

GBPUSD > EURJPY > EURUSD, Obviously you have a lot of confidence in these pairs and in this order too.

What pairs to trade for best performance

Decided to have a crack at your quiz

Mentality - reasons for trading

How about that!!!!! 100 pips plus positive slippage bagged and sealed! All in a day's----sorry- early mornings work. Done for the day

Cable Update (GBPUSD)

image and buy the cable. Lets see whether the 8:30 news will accelerate this further nort

Cable Update (GBPUSD)

An easier way to hack all these "theories" is to ignore them and do your thing. Develop your own strategies and learn to ignore every new thing that you hear/read every new day.

Too Many Lies In The Forex Trading World!

Actually there goes the buy signal: image

Ichimoku Kinko Hyo

image might bounce up this week, but in the longer term

EURUSD

Still bullish to a great extent. Kind of market where I would rather wait for a corrective move for more buying opps at the present. However if touches or falls below the kumo, then the bearish outlook may be positive.

Ichimoku Kinko Hyo

image Rock on kiwi

NZD/USD

From your explanation, I assume you already know what the problem is. The stops are too tight. Either increase your timeframe and open the stops wider, just scalp and take fewer pips fro each trade

Money and trade management using support and resistance

Quite slow but holding a long from 3790. C'mon bulls

EURUSD

The linear trend is still weak on the H4 charts, so lets say two weeks tops before price gets to 1250

USD/CAD

Of course there are many strategies with such a yield but you will probably not find on a forum coz: 1: Such strategies are expensive- lots of time and money on developing these 2: For the strategy to work all times, the owner must tweak it ...

Is there a profitable strategy that works 80% of the time?