- Search Metals Mine
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pipmutt replied Apr 27, 2010lol, yeah me too, it came up on a Thesaurus so I thought I may as well sound smart for a change and baffle the natives! Yep, that's me, I'm a regular boy scout nowadays, I read an article about Karma

Help Please - Some market price data wanted
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pipmutt replied Apr 27, 2010Not FXSOL, but these are IBFX if it helps..... 05.00 GMT Open: 145.04 High: 145.26 Low: 145.00 Close:145.04 05.00 BST (London local time) Open: 145.02 High: 145.17 Low: 144.92 Close: 145.05 All quotes are Bid price
Help Please - Some market price data wanted
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pipmutt replied Apr 27, 2010Getting out of bed in the morning to trade the early European session, why can't they start an hour later, what's the rush?
the Major problems for forex traders?
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pipmutt replied Apr 27, 2010I haven't read the book but I'm guessing there must be more to that trader's approach. I agree with you that additional positions shouldn't just be arbitrary, maybe that's accepted as a given in the interviews you've read. I think this relates more ...
Statistics to Trade By
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pipmutt replied Apr 27, 2010Can't you write some rules for it to make it a bit more mechanical? As I read it your entries are pretty good, the problem seems to be cutting losing trades, that's where you're losing money. Maybe keep the intuition part which seems to be working ...
2% Money Mangement Complications!
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pipmutt replied Apr 27, 2010Wow, I'm pumped, let the fortune making begin!

Something to inspire you!
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pipmutt replied Apr 26, 2010Nooooo, leave emotions at the trading room door, collect them on the way out as you're counting the day's profits
Why get emotional about a trade anyway, win or lose, it's just one in a series of trades which overall will make money. Who cares ...2% Money Mangement Complications!
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pipmutt replied Apr 26, 2010Yes, seeing as the market moves in pips. The first calculation should always be based on your analysis in terms of market movement (pips), not dollars you can afford to lose or want to make. From there you can calculate pip value based on ...
2% Money Mangement Complications!
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pipmutt replied Apr 26, 2010That's what I love about forums, it all makes logical sense when someone else points it out, why didn't I think of those points! My strategy doesn't actually change very much to be honest, but that's more out of laziness and familiarity than ...
Does anyone know of a profitable robot?
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pipmutt replied Apr 26, 2010You could have a point ("It is just a micro lot"), let's ask Tbb if he would have let that loss run if he'd had serious money on the line. Tbb?
2% Money Mangement Complications!
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pipmutt replied Apr 26, 2010lol, wait until you're married, you ain't seen nothin' yet! I guess that's the importance of planning the trade before getting in (at least the risk side of it anyway), and then trading the plan, and only altering it if it's to your benefit. I know ...
2% Money Mangement Complications!
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pipmutt replied Apr 26, 2010Isn't that the answer right there? We know it's perfectly possible to write a profitable EA (for example the competition ones seem very profitable) but they don't appear to have longevity, each year new ones appear and the old ones disappear. Are ...
Does anyone know of a profitable robot?
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pipmutt replied Apr 26, 2010Right, and if there's an imbalance where more people are betting on say team A then he'll simply lay off some/all of those bets with other bookies. Like you say, it's a win/win for the bookie!
Where does my profit come from?
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pipmutt replied Apr 26, 2010Platform freezes could just be down to overloaded servers or the sheer volume of price updates your platform software is trying to process across times like news releases. There are rogues in every business of course and forex is no different, some ...
Where does my profit come from?
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pipmutt replied Apr 26, 2010They're filling your trades but that doesn't mean they're holding them, they hedge their risk on aggregate. Ok, firstly do you understand the meaning of words like hedge, risk, and aggregate? If not then google them, then maybe this will make more ...
Where does my profit come from?
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pipmutt replied Apr 26, 2010I don't know, market dynamics and people don't really change that much, and computers are getting more sophisticated every day, I think it's reasonable to assume there are already bots running profitable trading programs. I'm not a programmer but ...
Does anyone know of a profitable robot?
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pipmutt replied Apr 26, 2010The dealers system is filling your trades, yes. They quote based on their book and on the underlying market. Do they trade against you? No, even though they are initially counterparty they have no interest in seeing you lose money, in fact quite the ...
Where does my profit come from?
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pipmutt replied Apr 26, 2010Importers/exporters aren't getting screwed, in a global economy they've needed to devise ways to hedge currency risk to protect themselves against those fluctuations. As Trad3r said, money is being created, literally! All central banks use ...
Where does my profit come from?
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pipmutt replied Apr 25, 2010I agree, in the shorter TF's it's trading on the immediate knee-jerk reaction as the data are released, not an easy task! The most obvious data is the easiest to trade imo. Having a general understanding of fundamentals is useful though, even if ...
please help with your comments on my system
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pipmutt replied Apr 25, 2010I'm sure there are some but you're unlikely to find them on trading forums!
Check out the Automated Trading Championship, if I remember correctly it's run by Metaquotes (MT4), that's been going for a few years now with some amazing systems ...Does anyone know of a profitable robot?