61.8% Fib support.... Think we're bound to head back up towards 1.0950?

EURUSD

I think the approach to beating tilt in trading isn't much different than beating tilt in poker. You have to learn to focus more on the process and less on the result. If you're in the late stage of a poker tournament with just 10 BBs and pick up ...

When my mind is on tilt...

Thanks for posting your system Simon! So far I've won 5 out of 5 since starting this on demo last week. I will continue testing it.

Simple "Make Pips" Strategy

OP... Do you come from a poker background? I myself do... It's the only time I've heard mental sabotage referred to as "tilt". It's the same in poker, it revolves around getting revenge (as another poster said). It's not always easy to overcome, but ...

When my mind is on tilt...

It's still early. We'll see.

The Sacred Edge

Nope. Just being my natural skeptical self. Good luck.

The Sacred Edge

+40 pips on USD/CHF over the weekend

BBADX combined system trading

I've only traded this on demo for about a month. Always been a trend trader, but I've been interested lately in trying to trade ranges as well. I look at 28 different pairs (all of them majors, I don't trade the exotics). I usually take profit when ...

BBADX combined system trading

Thank you, kind sir

Trailing Stops on Pending Orders

Sure, I'll give it a try. Thank you!

Trailing Stops on Pending Orders

I agree that if Trader A is taking a more aggressive risk approach -- say 10% as opposed to 2 - 4% -- then he will most certainly outperform Trader B, who always has to win 5 in a row and has a higher risk of ruin under the circumstances.

Probability, Expected Value, & High-Risk Trading

I think the biggest obstacle is having a win rate % in the 60s. Having said that, getting a >80 rate while maintaining a 1:1 R/R ratio takes considerable ability.

Probability, Expected Value, & High-Risk Trading

I agree that Trader A is more likely to be consistently successful in the long-term. But this thread isn't about sustainability. It's about who has greater earning potential at this moment, given their individual risk profiles.

Probability, Expected Value, & High-Risk Trading

Good points, Kprsa And thanks, Eno... That makes me feel somewhat better

Is This Kind of Thing Typical at Oanda?

Thanks for your analysis fxjesus. I'm thinking I may want to ditch the idea of trading with a MM altogether. There's just not a lot of alternatives for US traders. This is on a demo account btw. And if this kind of thing is happening to me on demo, ...

Is This Kind of Thing Typical at Oanda?