- Search Metals Mine
- BBPI_fxtrader replied May 23, 2012
what's with the bump lol ? omg, has it already been 5 years ? awwwwwwwwww how time flies...
How much did you start with?
- BBPI_fxtrader replied May 23, 2012
what Blake says is so true, and universally accepted as the way to trade, even here on FF, yet still so many lose money. I think a very important point that is self-included in point 5, but probably needs its own point is: learn how to be ...
Is trading that simple?
- BBPI_fxtrader replied May 22, 2012
make sure they are licensed
In FOREX, is 10% return per month good enough?
- BBPI_fxtrader replied May 21, 2012
i knew right from highschool(around 6 years ago) that trading is what i wanted to do. Discovered forex in 2007. Want to trade for a living because i HATE having an office job, where your pay only increases slightly/year (although i am paid very well ...
Why did you start trading?
- BBPI_fxtrader replied May 21, 2012
when people have negative emotions about their losing trades, i think it's mainly because they don't know what they are doing, and by this I also mean they don't trust their trading system and don't know what to expect. I truly believe that if you ...
How do you survive after negative trades?
- BBPI_fxtrader replied May 19, 2012
good luck , but don't put a numeric goal to your yearly returns. I think it is better this way
Annual Targets: ROI>15%, DD<10%, approx 0.5% risked per trade
- BBPI_fxtrader replied May 19, 2012
in order to also do this, you have to know how a certain currency behaves. you cannot have a mechanical system and apply it to all equities. It will not work the same on all equities. You have to know how that particular equity beahaves, study it's ...
Question about trading plan
- BBPI_fxtrader replied May 19, 2012
the thing is, trading is easy. but yet so immensely complicated. You can develop thousands of systems and they are all profitable when they are backtested. The only problem comes when you are trading them real-time...
Is trading that simple?
- BBPI_fxtrader replied May 18, 2012
first of all OP, I think your mindset is wrong, and you need to change that. There are no negative and positive trades, they are just trades and need to be viewed as such, whether they net a profit or not. Do not associate emotions with trades. You ...
How do you survive after negative trades?
- BBPI_fxtrader replied May 17, 2012
it depends what analysis you are using: technical, fundamental, a mixture of both ? what timeframes ? 30min, 4hr, daily, weekly ? when you look in the past, every trading system made millions of pips, because everyone thinks they would have entered ...
Is trading that simple?
- BBPI_fxtrader replied May 17, 2012
the problem with almost all beginner traders in the forex market, is they calculate all there would-be scenarios, like if I make 10% a month, I will be a millionaire in x years, or if I make y% per month I can retire in xyz months or whatever. THERE ...
In FOREX, is 10% return per month good enough?
- BBPI_fxtrader replied May 15, 2012
is there any other way to open this besides open office ? i don't want to download open office just to open this sheet ....
Profit Calculator To Learn Proper Money Management
- BBPI_fxtrader replied May 15, 2012
my opinion is that people use indicators, because it make them feel like a lot safer making a decision based on indicators than on price action without indicators. I think it gives them a sense like they know what they are doing. At first, when i ...
why is it every trading system has indicators
- BBPI_fxtrader replied May 15, 2012
pretty much this. Stick to your plan. Why did you close your trade at +15pips ? Did it have a 15pips TP ? If not, you did not follow your rules. If you won't follow your system, you don't believe in your system. If you don't believe in your system, ...
Question about trading plan