Like I said bob, I sincerely hope you will be able to publish your methods one day. I know I will pick up the book if you ever publish it. But till that day, I will have to wait and see. You and I both know that 1 year of trading history does not ...

No SL No Leverage Strategy - working so far

I believe we have... If you can't hedge, then you are in even worse shape because you are averaging losses. I sincerely hope that one day you will be successful enough to come out and publish a book on how you made it big with your methods. By that ...

No SL No Leverage Strategy - working so far

The biggest difference is that there might be a chance that price will NEVER return. Meaning, you may never recover. What you are doing is a double edged sword. By allowing price to "return", you are also taking a risk to allow price to "never ...

No SL No Leverage Strategy - working so far

again I'm drawn to these type of threads. Only coz hanover is posting Words of wisdom: Your hedge-unhedge strategy relies on a very solid and undeniable edge. Something you must 100% be sure will make you money. Hedging and unhedging the way ...

No SL No Leverage Strategy - working so far

Hi Nacho,, Sorry to burst your bubble. You are not the first person to think of this method. Many other have thought the same before you. And to this day, the veteran traders will tell you that your money is safer in the bank. There is truth to the ...

No SL No Leverage Strategy - working so far

Yes. I have had 3 profitable months in a row. It took me 4 years to get there.

Are you a consistently profitable trader?

actually i have implemented the millipede strategy in my real trades. the key here is to have multiple trading lots per trade signal. For example, you have identified an entry point and you wish to go long in the market. You should break it out into ...

Weekly Millipede Idea

i think there is an issue with the level of knowledge when it comes to fundamental forecasting. for example, I know that NFP is the biggest mover of all data. But how does NFP tie in with housing, PMI etc and how does that affect the economy still ...

Long term fundamental trading

As far as I understand it, the religious body is trying to convince BNM to band retail trading for muslims. Not that it applies to me. But i do hope they don't succed. Coz it will open the floodgates to allow BNM to start banning retail trading.

Malaysia central bank states Forex is illegal

I am doing some guesswork here. But I think the reason you are asking is because you think something like candlestick patterns play a role in your decision making. Different time frames will show a different pattern. So it is confusing you. Or maybe ...

can you profit on non-standard time frames?

k why so defensive? custos is right. there are always 2 components. risk/reward and win rate. they come hand in hand and cannot be separated. for example you could win 99 times and let 1 loss wipe you out. this is an extreme example but it just ...

The importance of taking profits through shorter term trading

The general people just don't understand how important us traders are. We provide the price. That is as noble as it can get. Nobody else wants to provide a price. We take the risk so that the economy can move. We punish misbehaving/underperforming ...

Is Trading FX A Noble Profession?

Noble? We provide the most important thing in the world. "The price". Without us, nobody else would be willing to take a risk and provide a market. There will be no trade. Anarchy will be the norm. SO yes, it is a noble profession.

Is Trading FX A Noble Profession?

cut loss and wait for another entry. I have a feeling this is going to end up like the SL vs NO SL thread.

Take a loss in a losing position or wait for it to turn around?

@op, Price action is exactly as the name suggests. The price's action. You can't exactly call it a system. PA is the way price behaves. It tells you certain things about the market participants at a given time. But you should build a system around ...

Is Price Action a system or not?

as a long time student of MA and studied MA under a master who has been using it for 30+ years... All I will say is that MA are only good for 1 thing. They tell you the trend. In fact it is probably the most reliable indicator to tell you of the ...

Why exactly do EMA crossover systems not work?