Being intimate with Oanda... — Having been very intimate with Oanda over the past year and a half, I have come to the conclusion that their practices have been less than fair this year. It may come from their integration of MT4 (or some ...

OANDA spread on EURO 3.0

Two days... — In two days (47 trades), I lost about 80 pips trading with a small stop-loss. I had 9 consecutive losing trades (not all at max stop-loss) during a sequence. Compare that to 200+ trades previously with only 4 consecutive losing ...

Profitable Scalping for the Retail Trader

My current goals... — My current goals include: 1. keeping a fixed stop-loss on every trade. 2. being more nimble in volatile situations (in-out, in-out). 3. no more averaging into positions. This should define my risk a bit better. I don't ...

Profitable Scalping for the Retail Trader

Large draw down again... — The delights of NFP, have brought me into large draw down again. I had traded the last two (non-farm payroll days) well, but I made mistakes yesterday. I reverted to watching S&Ps and the US equity indexes, and ...

Profitable Scalping for the Retail Trader

Recently... — A new sub-account that I started after a large March draw down currently has 210 trades. I'm fairly certain it also has my longest consecutive winning streak of 16 profitable trades in a row. (I have had at least 14 before... ...

What was you best winning streak?

More importantly... — The risks he took were large. Worst day -34.3% Worst week -28.6% Progressive position sizing after losing trades .10 lots of EUR/USD up to as high as 34 lots ! EUR/USD, during June, July, Aug '10. He also put on a 77 lot ...

26 years of experience and 0.8% weekly return

Great respect... — I have great respect for Alan Greenspan. In his younger years he toured as a musician and was part of Ayn Rand's 'inner circle' briefly. Later, he earned a Ph.D. in Economics and eventually became chairman of the Federal ...

why not heavily trade?

May, Liquidity, Bad Euro news.... — I knew liquidity was bad before I started trading today. I have been cautious all week. I saw a 30+ pip spike (almost instantaneous) at the London "fix" two days ago. Quotes have been erratic, PA on the ...

Profitable Scalping for the Retail Trader

In fairness, I agree... — In all fairness, I agree. I'll admit the comparisons to Richard Dennis and the "Turtles" bothers me. Mainly because Richard Dennis took a relatively small trading stake and parlayed it into a couple hundred million ...

Trader pays £1,500,000 'to prove anyone can win'

To Hanover's question... — Edited: I linked the same information that Hanover has in his original post. Hanover has already presented what I was referring to. I just realized it after reading his post again. I was referring to the information ...

Trader pays £1,500,000 'to prove anyone can win'

System seller.... — Unfortunately though... he is not a trading tycoon and has in fact filed for bankruptcy (June 2010). In an affadavit filed with the court he has declared that he makes no income from trading, just from training courses. ...

Trader pays £1,500,000 'to prove anyone can win'

I agree with Tania... — Disclaimer: I am not net profitable. I scalp, almost always have for the past 1 1/2 years. I prefer the 1 min TF. I try to take trades near support and resistance levels and 'psychological' levels. I am looking for ...

Scalping systems with 20+ trades per pair daily

Exactly.... — Internet stock mania created some huge gains (+2000%-2500%) between Jan 1998 and Dec 1999 for 'hot' companies. Yahoo, Amazon, CMGI, ...so many others I can't even remember. He probably had 10-1 margin (or more) to day trade, and ...

UK trader Raj Gill turned £7k into £7million in two years

What do you absolutely know about the market? — The market creates "pseudo-experts" whose ideas are unclear and difficult to follow. A true expert will be able to explain complicated ideas in ways that are clear and easy to understand. (Curtis ...

What do you absolutely know about the Market?

Take a few days off... — As a fellow scalper, who is prone to "blow-ups" (I dropped -55% in March), ...I'd say take a day or two off... get that coffee...maybe a movie... ...followed by a nice dinner... and a few beers... ...and come back next ...

Scalper challenge

I agree... — With trading Hourlies, your results make more sense. It's quite possible things could've swung even more in your favor, yielding even greater gains.

At what point would you increase your stake size?

I peeked... — I peeked at your logs, but can you summarize for me quickly, how many trades did you take in the two month period for your ~43% gain? edited: looks like 48 trades. worst lost $50 (more than 8% of account bal at the time) best ...

At what point would you increase your stake size?

My opinion... — I don't trade like you unfortunately...just my opinion presented, feel free to ignore (or disagree) Simplify. Drop everything from your analysis except 7,8, and 9 (modified) from your first post. Use a rigid stop-loss maximum, ...

Entries & EXITS: MP, VSA, MD, Statistics

Trading for a Living... — For kotlt (original poster), READ THIS POST FIRST- url then you can start with these two threads- Living Off FX url Trading for a Living - Cliff Notes url Honestly, the best you can do is to start small. ...

Trading as a job?

I think you're doing fine... — Are you watching for signals on the 5 min TF? and then fine-tuning the entry on the 1 min TF? note: I think that 5 min pin-bar was strong. I read another thread (long ago)... whose sole strategy was just those on ...

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