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- tomorton replied Mar 12, 2018
Bollinger Band 350/1? What settings do you mean in a bit more detail please?
(binned per thread starter’s request) Fairly long term trend trad
- tomorton replied Mar 12, 2018
I am happy to go elsewhere. There are many useful threads on the site and most of them written by less arrogant people. You might be a good trader but you have no idea of how to deal with other traders. Good luck.
The end of "science" trading strategy
- tomorton replied Mar 11, 2018
As I said earlier, I don't fully understand what you're saying.
The end of "science" trading strategy
- tomorton replied Mar 11, 2018
I'm not showing you anything. I don't really mind if you believe me or not so showing proof wouldn't get me anywhere. (That photo looks a bit like me. How did you do that?) I never post what trades I'm in but happy to post the methodology so you can ...
Trade Pullback
- tomorton replied Mar 11, 2018
You're right of course. But its apparent from this forum and others that new traders mostly want to day-trade. And most new traders fail. The 90% yardstick comes up with great regularity. So that means of course that 10% of new traders do make money ...
Trade Pullback
- tomorton replied Mar 11, 2018
I'm happy you keep thinking that. Actually, I'll agree its impossible to make money out of intra-day trend-following. Meantime, I'll keep making money from long-term trend-following. PS. I have no intentions of returning the money just because a lot ...
Trade Pullback
- tomorton replied Mar 11, 2018
I saw a Youtube clip on grid trading forex showing something which I think was similar (though I don't fully understand what you are saying). So, as long as price remains between 1.4420 and 1.4410, you're continually paying out losses while waiting ...
The end of "science" trading strategy
- tomorton replied Mar 8, 2018
Blimey. Now I find I've started ignoring Spreadbetter, and this was by accident. Found how to stop ignoring him and clicked it. Phew.
Can YOU make money as a trader?
- tomorton replied Mar 8, 2018
I don't believe Mingary trades. When he did trade he lost. I think from what he has said this was a long time ago. He has not to my knowledge added anything to discussions on trading. In view of all this I don't believe there can be any benefit in ...
Can YOU make money as a trader?
- tomorton replied Mar 7, 2018
Looks like what I'm doing. People say trend-following only works in trending markets. Like that's a problem. Obviously if the market's not trending, there is't even a first trade! Wish I had seen your system earlier. Well done indeed.
position-sizing/pyramiding strategies to decrease risk?
- tomorton replied Mar 7, 2018
None of these. I don't use TP's on trend-following trades, I aim to have as many positions open as possible if the trend is continuing. I re-set the SL on all previous trades when the latest one is opened, the SL on all (short) trades is the same ...
position-sizing/pyramiding strategies to decrease risk?
- tomorton replied Mar 7, 2018
I pyramid all my trend-following positions. As soon as the trade is opened, I've got a duplicate order set that will trigger when the unrealised gain equals the initial trade's capital risk. I keep on doing this until we get a pull-back or the trend ...
position-sizing/pyramiding strategies to decrease risk?
- tomorton replied Mar 5, 2018
But seriously, you're saying that over-night markets are dead, Redeflect's saying trends can easily reverse over-night. One or other of your analyses must be wrong. But I think where you agree is you carry a fear of what might happen while you are ...
psychological biases affecting trading
- tomorton replied Mar 5, 2018
Its actually down to good planning and market awareness rather than luck, but thank you anyway. (he said modestly)
psychological biases affecting trading
- tomorton replied Mar 5, 2018
Well isn't that what I said sustains day-trading? Fear of over-night reversals.
psychological biases affecting trading
- tomorton replied Mar 5, 2018
Speaking as a long-term only trader, doesn't anyone see the irony in day-traders' concerns about psychological biases, irrational influences, emotional trading, greed and revenge trading and the rest? When day-trading itself is sustained out of fear ...
psychological biases affecting trading
- tomorton replied Mar 5, 2018
This is all good. I know dailyfx.com is tied in with IG, I had to get an IG demo account through dailyfx.com when I wanted some market sentiment info from them But I was suggesting dailyforex.com.
The struggles of a Forex trader
- tomorton replied Mar 4, 2018
You could be right, they might have their own motives. I don't know what their business is, haven't looked into it. Nevertheless, I am running long-term trend-following trades and its all I've done for quite a time now, and making money out of it. ...
The struggles of a Forex trader
- tomorton replied Mar 4, 2018
Go for long-term trend-following. Avoid day-trading. If you can't make money consistently long-term trend-following then day-trading is not for you. Have a look at dailyforex.com: they certainly reckon its one of the easiest strategies to learn and ...
The struggles of a Forex trader