As a reply to post 358, Since the time frame is very limited, and the trades are based on 1hr trends, I'd say SL at the low of the previous hour would make sense. Especially if the systems is not paying attention to longer time frame ...

Real Fx traders do not use stoploss

Account sizes, margin requirements, position sizes are all different. A big account with a reasonable size position may take a few hits and still get up and keep going. However same hits may kill the smaller size account. The idea is to be able to ...

Real Fx traders do not use stoploss

Of course it is hard. If it wasn't, a lot of people wouldn't have day jobs, they'd sit around all day and make money. And of course we already know that's not the case. One thing I learned about forex is that, success will follow only if you treat ...

Is trading really that hard?

You're misinformed. I've been watching it all along. They took the gbp/jpy trade as an experimental trade and told us "NOT TO FOLLOW" These guys are trying to perfect the system, trying new things. Even with all that they could have taken profits on ...

Eitan's Project

Yeah I know. I've been watching it all along. Ignore the haters. We are all waiting for the follow up and the next version.

Eitan's Project

How can you improve the system unless you take chances and try it in different situations ? I believe gbp/jpy trade wasn't based on original systems.

Eitan's Project