As far as I understood it, it was that 5% make a profit. There's a big difference between making a profit and making a living.

Is demo a step before real trading?

But what did you see on the 4 hour chart to warrant looking for a long entry on the M15?

H4 Power

I thought that you considered the signal invalid if no confirmation by the close of the next H4 candle. In your first post, you say that you consult the Daily and weekly charts for trend. IMO, both show an uptrend. So I don't understand how you saw ...

H4 Power

Are you saying that you want to create a MA channel with MA + 20 pips and MA -20 pips? If so, you don't need any code, you can add them to the standard MT4 MA Put in you MA and then in the edit window click the "levels" tab. Click on "Add" ...

Looking for MA bands

Although this is nothing to do with PA, I will repeat a post that I made in another thread. "Regarding Gold, it is possible that you will see further major falls in Gold price. There is an action group that alleges that the London Bullion Market ...

Trading Gold with PA

Wow! what a drop! I guess maybe a good day for break-out traders. My way of trading with PA meant that I didn't see any opportunity to get in on the move. Eventually I hope that I will improve at reading continuation signals when there is no real ...

Trading Gold with PA

Be careful, the strong bearish move has taken us into a very wide support zone, so I can't dispute your thinking about taking a long position. Just don't lose sight of the fact that the most recent weekly move is mainly bearish. Please don't take ...

Trading Gold with PA

Here you show your inexperience. You cannot win or lose against the market. The market is simply a go-between bulls and bears. The market doesn't care, it simply brokers between those who wish to buy and those who wish to sell. It pockets spreads ...

Trading Without a StopLoss

Here you say that trading without a SL is simply trading on hope, yet in your previous post you state that you trade without a SL You are trading on hope.

Trading Without a StopLoss

If anybody wonders why some of us defend the use of a stoploss, it is because we have suffered the traumatic experiences that inevitably happen when you don't use one. We know that newbie traders will read this thread and we do not want them to ...

Trading Without a StopLoss

You're not here to offer advice, just your opinion. You're certainly not here to take others' advice. So what you are saying is that your opinion counts and everybody else's is just so much Sh*t. You are suffering from a superiority complex. One ...

Trading Without a StopLoss

I trade my method, not fear. Why no fear? Because I always have a SL in place. If I leave a position open when I go to bed, I have no concerns and I can sleep. If no SL I would be waking up and checking tyoo often with apprehension. There's a ...

Trading Without a StopLoss

If you trade 2,000 units ($) or 0.02 lots, your margin requirement will $20 with leverage of 100:1 You will not get a margin call until 98% of your account has gone. Stop trading and do some studying. You have no idea what you are talking about

Trading Without a StopLoss

I suggest that you take some time to learn about leverage and margin requirement

Trading Without a StopLoss

[quote=billytt;6598108] Ah yes, get it now

Trading Without a StopLoss

Yes, you have addressed the SL getting hit part. I was addressing the whole sentence "My problem with SL is they always get hit then the market goes your way" If it were true, then obviously the level that he sets the SL at would be the perfect ...

Trading Without a StopLoss

I hear this a lot and it does happen on occasion, but not always. The truth is that when this happens, it sticks in your mind, stands out in your memory, so it seems to you that it happens more often than it actually does. Think about it. If this ...

Trading Without a StopLoss

Sorry about that, I promise to try harder to say something stupid in future

Trading Without a StopLoss

If by "Hedge", you mean that you open a trade in the opposite direction, you do realise that it makes more sense to simply close the original position do you? You will also lose any advantage that you may have had from the carry. Some people are ...

Trading Without a StopLoss

To be honest, I hadn't heard of the S&P 1200 I checked on my FXPro market list and it isn't there

Broker for S&P 1200 e-mini?