Exits are by far the most difficult and interesting aspect of trading. but wherever you draw the line and get out, and no matter what criteria you use to place it, there will always be some trades that could have don a whole lot better if you'd held ...

How to stop bailing out potential trades

ESMA leverage etc. restrictions kicking in in the UK also at end of month. Should make life interesting.

ESMA, thanks for moving margin call closer!

Maybe you could use ATR for this? (though this ignores Close-Close ranges. Though MA's are still good for indicating the strength of a move (AFTER its established some momentum).

What indicator is best for gaging the volatility of a swing?

What's the difference?

How do you define a profitable trading system?

To go right to the source, go to www.fscs.org.uk and url , but this information is paraphrased by numerous creditable sources across the internet but also importantly in the T&C of the FCA-regulated firm that I use.

Is FSCS Deposit protection worthless for Forex Brokers?

I am reading that the FSCS compensation scheme now covers up to £85k. Applicable only to funds deposited, not gains generated through trading, whether from closed historic trades or open trade positions. So if you deposited £10k and built up your ...

Is FSCS Deposit protection worthless for Forex Brokers?

So what chart characteristics or fundamental events inform your gut instinct?

How do you define a profitable trading system?

This is true but glib and a poor analysis of what traders believe and what they do. Losing traders don't fail because they use TA, they fail through using the wrong TA, or abusing it or using it for the wrong trading styles. So, most losing traders ...

How do you define a profitable trading system?

So what chart characteristics or fundamental events inform your gut instinct?

How do you define a profitable trading system?

What do you see that tells you there has been a change in the market? What would have caused this?

How do you define a profitable trading system?

Can you be specific about what market behaviours change, and why, and how you recognise these changes?

How do you define a profitable trading system?

But if you own a calculator it will be immediately obvious that 3% per day means you would be a multi-millionaire within 1 year by simply starting trading with 10k and not making any cash withdrawals. If anyone believes it is that easy, this makes ...

Retail Brokers and "Trading Educators"

I like your thinking. 50EMA is my key indicator also, I do use also 20 and 200EMA's but 50 is the most important. I don't need off-chart indicators after using the MA's as I don't trade reversals: MA's are poor at indicating reversals, off-chart ...

Help needed to improve my trend following strategy

Traders who lose money have only themselves to blame, most traders are incompetent at this job. They're not stupid, they just under-research what they need to do, they under-estimate the difficulties and they fail to plan for these. As a ...

Retail Brokers and "Trading Educators"

Sentiment indicators are widely available from brokers and educational sites without opening an account. But their use is tantalising. On the one hand, you can see where most people (included in the sample for the indicator) think price is going to ...

Looking for client sentiment indicator

Why don't you know already if your selected strategy will be profitable? If the outcome of your strategy over a large series of trades is unknown, you should be still demo trading.

Last try in forex trading

Sounds good. Have you such a system already in mind?

How do you define a profitable trading system?

I'm sorry to hear it Alex, but you are honest enough to report your bad experience. Have you any conclusions as to how it went so badly for you?

Cause & Effect Trading and Methods of Analysis

Market makers are just like retailers, like supermarkets. They offer re-packaged commodities in small packages to private customers. If you like the price you buy it. Its like buying a can of beans at the supermarket. You can't buy half a pound of ...

A forex market maker

Alex - Take a break from day-trading if that's what you're doing. Look for uptrends. Go long when price prints a pull-back and starts to recover. Set a stop below the low of the pull-back. Get out manually when the trend starts to print another ...

Cause & Effect Trading and Methods of Analysis