I've done some updates, mainly cosmetic. Fonts and default colours changed to improve readability (for me at least) You can now have multiple instances of the indicator on a chart to display different tables. Give each table a different title. Note ...

MT4 News Calendar Indicator

It's a bit worrying that a single ISP issue can take down both phones and website; and all the P4L servers. I would think that all of your customers have a backup phone available in case they have ISP problems, but you don't appear to have even this ...

MB Trading Futures - Introduction

How come the CFTC were super efficient when it came to chasing all over the world after any non-NFA brokers that dared to have a single US client, but when it comes to simple checks on NFA members, they don't have the resources? They just trust them ...

US broker PFGBest freezes funds after founder's suicide attempt

MFG was low on the Atlas Ratings (115th out of 126 according to their website). PFG was near the bottom.

US broker PFGBest freezes funds after founder's suicide attempt

Unless Wasendorf somehow managed to intercept and forge documents from the bank. url (Reuters) - Russell Wasendorf Sr., the sole owner and chairman of stricken futures broker Peregrine Financial Group, Inc., intercepted and forged bank documents ...

US broker PFGBest freezes funds after founder's suicide attempt

Question: Do most brokers want you to lose money or make money on a long term basis? Brokers want volume. Winning traders bring volume but are few and far between, so they also have to attract a large number of losers. If you are a loser, then they ...

Question and answer time - brokers and forums

I concede that looking at the lucky winners on Oanda or FF isn't really evidence of anything much. Everyone has to do what works best with their own method anyway.

1:1 Risk Reward Ratio - Why it just makes sense

You could look at FF's trade explorers. The 2012 leader board for live accounts shows the same pattern. High win rates and approx 1:1 average win loss ratios for all the top earners. BUT beware statistics! Look beyond the averages and you will see ...

1:1 Risk Reward Ratio - Why it just makes sense

True. With the use of a script, any MT4 hedge trade can be replicated with an unhedged equivalent but you're getting into quite a complex solution now to replicate what could be a very simple hedge trade. In trading, where mistakes can be costly, ...

No SL No Leverage Strategy - working so far

Right. Hedging is an unfortunate side-effect of the ticket based order system in MT4. Sometimes, if you are doing separate long and short trades it's simplest just to put up with it and eat the extra costs. This is not the same as the open-ended ...

No SL No Leverage Strategy - working so far

OK. Let's try again. Price is 1.2900 Hedger: Sell 1 lot @ 1.3000 TP 1.2800 SL 1.3100 Buy 2 lots @ 1.2900 TP 1.2950 SL 1.2875 You: +100pips * 1 lot realised Buy 1 lot @1.2900 TP 1.2950 SL 1.2875 Sell limit 1 lot @ 1.2950 TP 1.2800 SL 1.3100 Sell stop ...

No SL No Leverage Strategy - working so far

Bottomline. You didn't. I don't have a no stop loss method. I agree that using a hedge instead of a stop is moronic. My example had stops. Please pay more attention. In the example, I used OCO orders (SL & TP) to close one side of the hedge. To ...

No SL No Leverage Strategy - working so far

Hedger: Sell 1 lot @1.3000 TP 1.2800 SL 1.3000 Buy 2 lot @1.2900 TP 1.2950 SL 1.2875 You: 100 pips * 1 lot realised Buy 1 lot @1.2900 TP 1.2950 SL 1.2875 Sell Limit 1 lot @ 2950 (TP 1.28 SL 1.30 - I presume) Price goes down to 1.28. Hedger: 1 lot * ...

No SL No Leverage Strategy - working so far

Say I sold at 1.3000 Sell 1 lot @ 1.3000 TP 1.2800 SL 1.3100 Let's say it's now 1.2900, I'm expecting a retrace. I move my SL to even. And enter a hedge trade. So I have Sell 1 lot @1.3000 TP 1.2800 SL 1.3000 Buy 2 lot @1.2900 TP 1.2950 SL 1.2875 I ...

No SL No Leverage Strategy - working so far

Brokers And Criminals Keep Spreading Insidious Disinformation Everywhere. Their aim is: Bankruptcy And Destitution For All Retail Traders! They are pretty easy to sniff out.

Broker Moles: Fact or fiction?

Pfft. That's just overlapping long and short trades. We all do that. I wouldn't even call that nedging. The fact that some platforms, like MT4, show your position as hedged is just the way those platforms work. Who cares? I want to hear more from ...

No SL No Leverage Strategy - working so far

Hang on, earlier, you said it was 75. This is more complicated than I thought. Please teach us more... Edit: But seriously Bob, you might want to research something called 'subtraction', and then maybe investigate 'negative numbers'. I'm ...

No SL No Leverage Strategy - working so far

The Nanningbob Hedging Formula - I can solve this. 1) (x1+25) + (y1+50) = 75 2) x1 = y1 Solving for x1 and y1, we get x1=0, y1=0. So according to the NHF, if we buy and sell at the same time, the answer is zero. :nerd:

No SL No Leverage Strategy - working so far

Reflection. Look closer. That is all.

No SL No Leverage Strategy - working so far

Just appealing to you to stop disrupting this thread, which was about no leverage trading. I know you and the brokers don't like that idea. You want people to use leverage and hedging. But IMO it's not appropriate for you to promote that agenda here. ...

No SL No Leverage Strategy - working so far