that's a good strategy because he requires a news catalyst to trigger a trade and that is definitely key to new trends starting. I guess he also utilises a very rich trade management process which to me is the keystone element of my profitability. I ...

The Loneliness of the Long Distance Trader

It does apply and I don't scalp. How do you accurately measure how much potential a trade has especially if you haven't a clue what the underlying reason is for the move onwhich you are placing a trade? It's guess work and we all know how that ends ...

Delayed Gratification

I don't let profits run. There are too many risk events driving sentiment shifts that results in few trades making it to a desired target level. I take what I can given the average daily range, scope of opportunity based in the underlying reason for ...

Delayed Gratification

Brokers banned strategies! What evidence do you have to support your claims.?

Dark Face of all Brokers

No pun indented I guess

The Loneliness of the Long Distance Trader

I realise it must be difficult to believe that I have achieved something that takes the typical retail trader years or never. The differentiation in my approach to the general approach by retail traders is ultimately why that time frame is not ...

The Loneliness of the Long Distance Trader

if you want more details on this i am happy to share but don't want to diverge from the threads topic so maybe a separate thread.

The Loneliness of the Long Distance Trader

Hi cat It wasn't really a shortcut but rather a transition from my initial approach to where I am today that was influenced by dialogue with professional traders. I don't trade their strategies but rather took their approach and designed my own ...

The Loneliness of the Long Distance Trader

This is only applicable to technical analysis based trading.

Trading Knowledge

Don't be hard on yourself with a 3.3 percent return on a day. That's a good result.

(binned per thread starter's request) Friendly Trading Competitio

I never went to college and have no degree but I managed to do just fine in life - working in financial services and earning in the top 5% in the country. Degrees are 2 for a penny nowadays, everyone has them. I have seen many articles interviewing ...

Flawed education system?

I can't relate to the part of it taking a long time to get it right because i was put on a viable path almost from the beginning but i have to admit, the endurance and perseverance of some of the stories here is admirable. Reflecting on myself, i ...

The Loneliness of the Long Distance Trader

That would be against regulations and the broker would out of business. Unless you have tangible evidence of this it is a pile of assumptions and nothing more.

Trading Myths and Some Forex Math

Only money managers operate on a very low risk tolerance approach to markets hence they only make 30 percent a year. But that's not the only reason. If you have a large pool of funds you have to also operate within available liquidity. This is why ...

Why professionals "only" make ~30% anually

10 to 20 percent month is achievable without over trading or taking on excessive risks

What kind of % returns per year would you be happy with?

It has a bad name because people don't use it properly. When used incorrectly, the trader will add new trades of the same size as price moves against the trader. Where It goes wrong is there is no reason supporting these additional positions and ...

8 Years Later - Still Not Winning

Its called not being able trade well. They offset their lack of ability by reducing risk. The only ones that are forced to trade that way are funds where investors demand it.

8 Years Later - Still Not Winning

Oh trust me they will argue it to the bone. If the account is not in front of them its faked, if the account is in front of them you are a rookie. Never mind that you're making money every month it just goes right over their heads because they have ...

The Documentary: "Breaking Forex"

Better look out for the pin heads that will want to see your account and then rip it apart and call you a rookie because you're not conforming to the wannabe trader mentality. You need to be a failure like them before you are accepted

The Documentary: "Breaking Forex"