Neither was I. DUH ! What I'm saying is that a MINI account allows you to trade for as little as .10 cents per pip. A MICRO account allows you to trade .01 or 1 cent per pip. I would guess that a lot of new traders trade on a micro account for as ...

What Is "Proper" Risk/Money/Trade Management?

You make some good points. But it could be said that once the fear of loss dissipates, it's time for greed to kick in and you hold a winning trade much longer than you should have. Again, that's where fear of loss comes into play. You have $xxxxx in ...

Exit is more important than the entry

Sorry but that's wrong. A "micro" account trades at (roughly, and as low as) 1 cent per pip. A mini account trades @ (roughly, and as low as) 10 cents per pip. A mini account is basically the same as a standard account that allows you to trade ...

What Is "Proper" Risk/Money/Trade Management?

Maybe. But if the truth is (as has been proven) that humans fear losing money more than they desire to gain money then it's a different situation than simply picking tops or bottoms. When someone picks a trade they are more likely to hold on to a ...

Exit is more important than the entry

Proven human characteristic; The fear of loss is greater than the desire to win. With that in mind the exit becomes more important, whether in profit or loss?

Exit is more important than the entry

There are few who will like this. When I need to reflect and think a minute........... I'm not a fan of religion, has caused more deaths than anything. Just take it for what you decide. If you think for a minute it isn't religious But everyone sees ...

What kind of music you hear while you trade?

Nice little story. In the 1950's a franchise was started. They had a particular way of doing things. They improved upon the method and changed with the time. The "athletes" of the franchise are long since dead but the business lives on. helluva deal ...

Determining randomness in a trading system

If you believe that successful methods remain unknown then you are UNKNOWING fairly simple

Determining randomness in a trading system

You don't find a SYSTEM that works in all market conditions. proven

Determining randomness in a trading system

I'm sorry but I really don't have time to read through all that. I can only say that I prefer to define a "method" and a "system" as two different things. As with a successful franchise, I try to take something good, improve upon it and change with ...

Determining randomness in a trading system

1. Trading is often as much about common sense as it is a rigidly defined system (manual trading)? 2. Trading forex is not a zero sum game. 3. Trading isn't about the majority of participants, it's about where the majority of the money is. 4. To say ...

Determining randomness in a trading system

So what's going to happen now is that you're going to be jerked around by a bunch of "I have the greatest" traders. So you can spend the next 2 years trying to figure out who is right. If you had a profitable method at the start but it went a little ...

Newb looking to be pointed in the right direction

GOOD MORNING FOREX TRADERS !! It's time to do battle. Is this our best argument for today ? Seems like it's shaping up fairly well. At this moment I would have to put Monroe in "idjut status". But hey, I'm still on vacation. I should probably go.

Stop-Hunting Question

That's way cool. As I suggested, enjoy the fruits of your labor. That does not however, answer my original question. When you take some time to understand the question perhaps you can provide an answer. If you think you already have ALL the answers ...

EURUSD

I can only say that it's best not to guess. Form your own opinion made up of your own analysis. The more you do this the better you will become at it. Anyway that's enough said I'm gon'na go get laid Come Tuesday the World will all be roses ....and ...

EURUSD

So you're suggesting that it will go straight down from 1.25 to 1.225 with nothing more than a 25 or 50 pip retrace ? Please advise.

EURUSD