Hey Taigen. No worries. We are all on the learning curve somewhere. I don't mind sharing anything I've learned along the way at all. It's great socialization and I really have a passion for trading. I realize that not one in a million traders will ...

Trend Trading

Excellent charts and drawing there Zorndyke. Your observation of an up-trending slowly narrowing channel for the USD is spot on. Almost every trend trader would like to trade that uptrend. It depends on their personal system as to how they would ...

Trend Trading

Oh nooooo! I saw that 150 pip bounce up off the double bottom and thought for sure you'd catch it. Well, that's the game. I had by butt kicked last night while I slept. My best two 3 stacked trades reversed and exited with nothing, nada, zip, zilch. ...

Trend Trading

We've had a lot of good discussion about trading trends here. Some traders have discussed alternate methods that work for them. There are probably many ways to make a profit in the markets and I can only speak with any experience on a very few. It ...

Trend Trading

Sad about some big overnight spikes that took me out break even on a couple 3 stack trades that I was hoping would be big winners. Still, I had set the trades to break even, knowing that could happen. At least it's much better than taking a big loss ...

Trend Trading

Yes, having the discipline to keep losses small and under control is probably one of the two most critical characteristics of successful trading, the other being limiting position size. I think these two items are much more important than entry and ...

Trend Trading

Oh noooooo! I see. Taigen is trading a counter trend bounce off the GU double bottom. I hope that works out. I'm not really well versed enough in counter trend trading or for that matter in double bottom trading to offer an opinion.

Trend Trading

Best success on the GU short. The pattern is pretty clear for the last couple weeks. A big day down for a day or two and a little retracement the next day then another big day or two down. I'm waiting for my signal to sell and it's getting very ...

Trend Trading

Hi Renn. We've talked a bit about closing losing trades (just do it!), but since you brought it up, I'd like to dig into closing winning trades a bit more. Nominally, if one wins 50% of their trades they could make a profit for an average win of ...

Trend Trading

Wow, that is really great to hear Beejay. I can tell you are experiencing the relief of trading with a set of rules so you only have one decision to make, to follow your rules. After that, every possible decision has already been made my your ...

Trend Trading

Hey Spotrate. Glad to see you are doing well. As far as trend trading goes, I can only see what the trend was in the past. My method assumes that the future is unknowable so I use simple methods to determine if a trend might exist currently in a ...

Trend Trading

Hey Taigen, glad you managed to snatch some pips from that trade. I've never been able to get the timing right on counter trend trades, but I hear some do quite well on them. The only thing that I've found that works for me is follow the trend, ...

Trend Trading

I'll give a few unsolicited opinions. I agree with Yonnie that we should never try to catch a falling knife. Occasionally we'll get it right spot on and think we were a genius, but in fact, the knife keeps falling further than we can remain liquid ...

Trend Trading

I kinda think that if anyone had an EA that would take $10 to $5,000,000 in a month, they might go sell some blood plasma or hock Grandma's jewelry and invest $100 in it and buy their own private island in a couple months. Maybe I'm just an old ...

Trend Trading

quote=rod777;11631865]https://www.youtube... Rod, if you want to try to sell an EA, please go to the commercial section. This is the discussion Forum, and I see no discussion in your post. Thanks -G

Trend Trading

If you don't mind, I have a few comments about your trading. You could accept or ignore these comments as best fits your personal style of trading. First, I commend you for being wise enough to trade micropips until you have all these details worked ...

Trend Trading

Hi Taigen. Well, I'd stay with it as long as it's headed down in your direction. How much are you willing to give back if it turns around and heads up against you? - G

Trend Trading

In my own humble opinion, the best way to deal with the extreme volatility of the Forex market is to reduce position sizing until it does not create panic or risk of a major loss. With a properly sized trade, one really shouldn't care much if this ...

Can YOU make money as a trader?

I've discussed this issue before, there is a big difference between simple and easy. For instance, it's simple to lose weight. We can sum it up in three simple words. Just don't eat. It's not easy however and people spend billions trying the latest ...

Trend Trading

MJ, it has been a very long journey for me. I suppose I was a bit of a slow learner. I wasted a lot of time and money trying to follow trading systems that others swore by. I have traded many different instruments and carried some of those ...

Trend Trading