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- 29 Results (28 Replies , 1 Comment )
- HarryJ replied Jun 7, 2012
You are trying to think like an economist. People act only for personal gain. If money is cheap, businesses will borrow expecting to make gains for themselves. They do not think about the macro effect, only the micro effect.
- HarryJ replied Jun 1, 2012
Well they have lost that round. I won't be trading with that stop loss!! PS. Their pip spread is still fine.
- HarryJ replied Jun 1, 2012
Stop losses — Can anyone suggest a valid reason that brokers increase the minimum stop loss around NFP and similar high volatility times. IG Markets minimum SL has gone from 5 pips to 20 pips!! Anyone??
- HarryJ replied May 29, 2012
This is a plausible explanation. Brokers often increase the spread when there is some fast breaking news. (like NFP). Follow this up with OANDA to see if that was it.
- HarryJ replied May 4, 2012
Be careful or you will have to stand in the naughty corner.
- HarryJ replied May 4, 2012
No I did not google it. "What has happened here?" He has committed suicide. "Why?" because he was distraught. Try that one on.
- HarryJ replied May 4, 2012
The letter N.
- HarryJ replied May 3, 2012
You learn nothing by using my "best guess". Better you take a position that uses your data.
- HarryJ replied May 3, 2012
The more often price tests a line, the more likelihood it will eventually break it. Watch PA to see what the momentum is like each time price gets near that point.
- HarryJ replied May 3, 2012
Anyone else notice how polite everyone is being today? I wonder why that is??
- HarryJ replied May 3, 2012
You planning to take your ball and go home??
- HarryJ replied May 2, 2012
Thanks Kiwi. Yes people, get off the small timeframes and set your trades off bigger timeframes and significant dates and times. Follow Kiwi's philosophy and you will come out a winner. Do not follow someone else's trades, though. That is not taking ...
- HarryJ replied May 2, 2012
I think Kiwi pretty much sums it up. He has the priorities in the right order too. Print out a copy of this and study it over time to see how you are handling these issues. I would only add - size your trades and expectations to suit the market. ...
- HarryJ replied Apr 30, 2012
Good call Mitch. This thread is getting more like the EUR/USD thread every day.
- HarryJ replied Apr 30, 2012
Price being bounced around like a ping-pong ball. No direction, no volume, no good opportunities tonight. End of month?
- HarryJ replied Apr 30, 2012
Thanks for that. Still not sure what you meant but that is fine. I will keep looking for winners.
- HarryJ replied Apr 30, 2012
Would you like to explain what you mean here?
- HarryJ replied Apr 27, 2012
Trading is not about right and wrong. You never know what the market is going to do so forget about being right or wrong. It is about taking trades with a high probability of positive pips. You are never wrong unless you break YOUR rules. You make ...
- HarryJ replied Apr 27, 2012
Learning to be a better trader IS the topic of this thread. Never apologise for seeking advice.
- HarryJ replied Apr 27, 2012
When you are learning, trade to learn. Use a very small trade and protect it with a very tight stop loss. You can afford to be stopped out a few times on very small trades if it helps you to learn. Consider each loss as a "cost of doing business" ...