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- masterfx replied Jun 17, 2008
Ableman, It has to do with many factors: (1) How price is traded between banks. (2) How strong the resistance is i.e what time frame your looking at. (3) What the overall trend is.
- masterfx replied Mar 27, 2008
Does everyone else agree? I mean that discipline is the root cause of failure.
- masterfx replied Mar 27, 2008
Just some questions, Are you a scapler? How many pips is your target? (i.e. profit and loss) Just some insight to, demo accounts mean nothing, good for practice but will not teach how to control emotions.
- masterfx replied Mar 25, 2008
Ok, here you go. Indentify the number one reason 95% of people blow up their account.
- masterfx replied Mar 24, 2008
The point is to help.
- masterfx replied Mar 24, 2008
Watch candle patterns and formations, like head and shoulders, 1,2,3's tops and bottoms, rising and falling wedges just to name a few.
- masterfx replied Mar 15, 2008
Craig, Making a killing is not what this is all about, look at any hedge funds performance reports are they making a killing ? Trading is about controling risk!
- masterfx replied Mar 14, 2008
If you have even a 20% winning percentage, with good risk to reward ratio you will make money. Let me give you an example: lets say your starting capital is 1000.00 and you take 10 trades a month, you lose 8 out of 10 with a max stop of 20 pips. And ...
- masterfx replied Nov 5, 2007
The real answer is NO!!! Thats not how banks work...
- masterfx replied Aug 20, 2007
Zero sum game? yes But one must know who the players are in the game of forex! If one does not know who the players are and how this whole thing works, you will be out of the market very quick, count on it! To think retail traders traders are making ...
- masterfx replied Aug 20, 2007
Cot data confirms move to upside. Way specs are now positioning themselves, starting to go short on the loonie.
- masterfx replied Aug 7, 2007
Fxez, I have alot of experience as well, I have seen many bad traders as well as some good traders over the years, some have been trading along time with minimal results. There is a reason why this is the case. I have just one question what are your ...
- masterfx replied Aug 7, 2007
Fxez, I disagree, you see knowing WHY so many fail is the key to being successful! A person will never get into the 5% without EXPERIENCE of past mistakes, good traders are not born overnight, takes time and many failures. Here is some questions to ...
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