Once again, you all have 0 idea where the price is going to go. All the analyst remarks and predictions don't mean a thing. How can you know where the price is going to go when the price itself doesn't even know?

japan CPI

This statement is the best I've seen in awhile. You hit the nail right on the head. Everyone should take this post and paste it to their wall in front of their trading station.

Three Losses in a Row

If you are losing because you made mistakes, then you need to think about how hard it is to actually trade emotion-free and make those losses back, and then you won't deviate from your plan anymore. The turning point for me was when I lost 20% of my ...

Three Losses in a Row

He could trade HSI... that's actually pretty popular...

China Economic News

In other words, we big boys are takin' out all the suckas that are sittin' in the corner with their thumbs in they mouth all worried that they trade is gonna get stopped out. Then I come along and, BLAM take those stops out and let the momentum take ...

what does "running stops" mean?

I don't do any particular rituals or anything like that because, for me, it would make my head worse. I have to just be nonchalant about my trading and execute when it's time to execute, document my trades, and then forget about it. If I try to get ...

Trader Psychology - Understanding Yourself

I don't believe the myth that the big boys are out to get us straddlers. They don't care about us. Why? Because they don't have to. The reason people blame institutions, brokers, etc., is because they can't adapt... Something smjones related to...

can't trade news in the future??

It's your head. It's not on right. You should be able to take Vegas' 4H Tunnel strategy and make money with it. That's all you do. Nothing else. I guarantee you that if you had your head on right, you'd make bank with that strategy. And I don't even ...

Please tell me your method!

I trade the NZDUSD using my main swing strategy, which is a rather medium term strategy... This pair is thin, but when it breaks support or resistance, it does take off. I would suggest longer term trades. My average trade is around 4-7 days.

Any tips, strategies, or methods on trading NZD???

Dial pretty much hit the nail on the proverbial head, but I'd just add that you should try to not worry so much about leverage right now, and just concentrate on opening as few positions as possible at 1-2%. When you have a system that has been ...

Money management and leverage

It's pretty much the only book you should read. And of course, mine, when it gets published.

US Retail Sales

I personally don't trade Japanese news. It's worthless.

Japan news!!

CADJPY is not even close to that area. It's in the 10x area... what pair are you talking about? Can't be talking about USDJPY either, unless you entered short in May???

Japan News Today

Then you shouldn't be in the trade. Did you overleverage?

Japan News Today

Here's a nice fade... image

What does "fade" mean?

Please be sure to update us on your progress over the next two months.

Beginners have faith! fast progress is possible

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The HOLY GRAIL

I know. It cracks me up. The more that people cry and whine about news trading just shows that there are more and more people losing money because they tried to predict what the market was going to do and lost miserably or something like that.

How do you trade news?

If you're pushing 80 lots, I'm surprised you haven't dealt with EBS...

Cad News Released 1 Min Before... !