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- SignalatorFX replied Sep 25, 2010
Yes. The only thing you have to do is a preliminary testing to find our when to exit the market for one of the loss trades. However this techniques requires much more attention for profitable trading than the common ways.
- SignalatorFX replied Sep 25, 2010
The best way is to work out the trading plan. You have to take into consideration the following options: 1) How many trades you make a month 2) What is the average profit for each profitable trade 3) What is your deposit level 4) Do you trade only 1 ...
- SignalatorFX replied Sep 25, 2010
The only thing is a time frame and the value of movement considered either up or down. Daily movements and thick movements have not the same weight for judging about the market trends.
- SignalatorFX replied Sep 25, 2010
The best way is to have both Trailing Stop Loss and Trailing Take Profit orders with the conditions for updating the positions. In this case you can move your levels with the market (independently for both Long and Short positions).
- SignalatorFX replied Sep 25, 2010
Programs for developing trading systems are very useful as you can see where your ideas will bring you. Moreover there is no need in understanding how most of the market indicators are calculated.
- SignalatorFX replied Sep 23, 2010
Is it possible to be rich in computers? 30 years ago this question would almost definitely have the answer "no". Bill Gates is the richest person in the USA. Is it possible to be rich? The same applies to any sphere of life being including forex. Do ...
- SignalatorFX replied Sep 23, 2010
MACD is a very popular indicator. Try to be independent and do no take commonly used parameters. This is really helpful for trading and very simple to calculate.
- SignalatorFX replied Sep 23, 2010
Try searching data providers: eSignal, CQG and others. They do provide good and reliable data.
- SignalatorFX replied Sep 23, 2010
Well, it really depends on your trading techniques. If you use daily bars, no need in waiting all day long watching your monitor. On the other hand, to make anything professionally (expecting the revenue from it) you have to the full time person.
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