Your posts don't really give much information other than he may have had a profitable trade. Personally I would be very careful buying a system for cheap from a person who may have made good money from it. If he is making good money, why is he ...

Has anyone seen this system before...?

Excel and notepad is all I use excel to detail the trades, time, entry, exits, stops etc.. notepad to give some more details and notes on the trade. I did at one point create a VBA app for excel that not only told me my entry and exit targets, ...

Trading and Record keeping

Of course this is offset for many by the fact that many of the raw materials are imported and a weaker euro means they cost more. Also fuel is linked in price to the price of a barrel of crude which is priced in dollars, so when the Euro weakens, ...

S&P lowers Greece's, Portugal and Spain's rating

They have this thing called Fair usage. Basically they tell you its unlimited, but if you use too much they either limit your bandwidth, cut you off or send you a large bill for excess usage.

bandwidth usage with mt4

Something many of us have done. A good trade isn't one that is a profitable one, although many may disagree. For example. I accidentally made a trade last week, which turned out to make 20 pips profit. If was a bad trade and came from me dropping ...

Is 6 pips a day enough for you?

You appear to be profiting from your strategy so not so relevant to you, but for someone new or inexperienced. When a trade is closed, its closed/finished/completed. Hence if it carries on moving in the same direction, you didn't in fact lose out on ...

Is 6 pips a day enough for you?

How do you know the market has turned on you when you are prepared to lose little more than the spread?

Is 6 pips a day enough for you?

Now theres a problem lol.

Does anyone know of a profitable robot?

Its because it was a demo account, its easy for a broker to guarantee a stop on a demo account. Try this on a real money account and you might not be so lucky. Also, I had a situation where a market gapped and hit a limit order (FTSE,not forex), ...

what happens when we have GAP?

At the moment I make either none, one or two trades a day. I don't hold the trades for any major length of time, the longest being around 6 hours, but I vary my strategy depending on how the market is behaving.

Which time frame and why?

I would tend to agree with Domino, price is the most important indicator of them all. If you are new to trading forex, the best advice is to watch how the price moves, watch how it finds support, resistance, etc.. If you look at historical data you ...

My newbie take on this whole thing

I managed to get first place in a trading contest many years ago, it was basically stocks, not forex. I Finished the first month with around 500% gain and biggest weekly gain was 150%. Basically I invested 100% of my capital into high risk stocks. ...

Trading Contest

Some time simple strategies are the best. Easy to understand how it works and also why in certain circumstances it didn't work. Good for people new to Forex and trading to work with and then eventually develop their own strategies.

Pipmaker strategy

Of course one of the biggest dilemmas is that for there to be winning traders, there need to be losing traders. It is the many losers, that fund the big winners and makes them profitable. Poker, Betting exchanges, stock markets, etc.. are all the ...

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

Thinking about this a bit more. Low capital trading of this kind is a bit like trading odds on a horse race (i.e. backing and lying races that go in-play). If you have ever used a betting exchange and traded the odds, its very similar to that.

It is possible to make 2000 from 200 in Forex? It is easy or very difficult?

I guess as many have said, before you make a trade you should have some expectation of where the trade is going. Markets don't often go straight up to you limit, often they will go part way then pull back. Its very easy to think, opps its going the ...

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

Another thing worth looking at when trading small capital is the deposit bonus, some sites offer a certain percentage bonus after you have made 'x' amount of trades. It may not seem like much, but can help set you off in the right direction. Okay ...

It is possible to make 2000 from 200 in Forex? It is easy or very difficult?

If you can't trade and watch charts you could always consider some exotic options, such as a barrier option where you basically look to buy the option and state that it will either touch or won't touch a certain point. For example GBP/USD is trading ...

Desperately seeking a good DAILY Trading System

Okay, firstly I'm new here so hi everyone Trading with low capital is both a skill and a gamble. about 5+ years back I wrote an article on low capital trading, I will maybe try and find it at some point. As many have said, its possible, but... ...

It is possible to make 2000 from 200 in Forex? It is easy or very difficult?