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- tommot61 replied Jun 9, 2010
Tough question...it really depends on what you see the easiest. Trading can be very different or some people vs others
- tommot61 replied Jun 9, 2010
Yes, Canada is a leading supplier of oil to U.S.A. You can do some research to on what happens with the DOW and Oil both run together.
- tommot61 replied Jun 9, 2010
What is your method just trading round numbers? Must use multi time frames to structure a trade, what is the trend on time frames telling you. Must have good money managment be like a casino.
- tommot61 replied Jun 9, 2010
Watch your risk to reward ratios! Always try to get min double what your risking.
- tommot61 replied Jun 9, 2010
1. Money management 2. Have a trading plan 3. follow trading plan
- tommot61 replied Jun 9, 2010
Don't reccommend it... something to think about what happens when your holding a position over weekend when price gaps up or down against you? Mentally you will never recover when price goes against you several hundred pips...you will keep adding to ...
- tommot61 replied Jun 9, 2010
To never lose...which is impossible. Until a trader views trading the same way a casino makes money only then will they become successful.
- tommot61 replied Jun 9, 2010
It depends on the amount your risking at a time, yes 5% is possible but if you are risking 5% of your account at a time your not managing your money very well and risk blowing up you account. Example: Two trades with 5% risked at a time both losses ...
- tommot61 replied Jun 9, 2010
Peter, 1. First thing to do is open a micro account you can do that by going to fxsolutions or fxcm broker. 2. Next use good money management never risk more than 1% at any given time, micro account accounts will help you get your feet wet without ...
- Posts by Member Search: 'tommot61'