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- djmetric replied Mar 12, 2008
I've tested and traded a variation of this method for a while now. I was obsessed with martingale type strategies for a long time This "Nip the Pips" strategy on its own isn't really all that feasible for a few reasons. The strategy works on the ...
- djmetric replied Mar 11, 2008
Could you not just buy fewer lots? Surely it doesn't matter what the leverage is... you just trade accordingly.
- djmetric replied Feb 25, 2008
Do you understand what euclid is trying to say? Because he's exactly right.
- djmetric replied Feb 7, 2008
Good idea Time! Also can everyone please show their bank account and credit card statements for 2007. If you trade part time and have a regular job please show us your payslips. Thanks guys. This info will really help us newbies here in Nigeria.
- djmetric replied Feb 1, 2008
A good book for beginners thinking about a life of trading is "Adventures of a Currency Trader" by Rob Booker. The book follows a fictional trader starting out in Forex. It allows you to read about all the mistakes he makes along the way and the ...
- djmetric replied Jan 29, 2008
Sorry Burger. Just thought there was more to it. My progression can handle 40 bounces but that's because I'm being really conservative. I had a close call using a more aggressive progression so decided to play it safe. My "edge" is to increase my ...
- djmetric replied Jan 28, 2008
This is weird. I was discussing this exact same idea with a friend last week. My plan was to start with $500 and not withdraw any cash along the way. My profit target would be 128k in 8 trades. To illustrate my point I decided to toss a coin and see ...
- djmetric replied Jan 28, 2008
Sounds like just a plain old martingale. I don't see what you've done to improve your odds. I know you're no stranger to martingale strategies because I've read some of your posts on this subject. So I'm guessing there is more to your idea that ...
- djmetric replied Jan 24, 2008
Interesting. I get the feeling you're being deliberately cryptic. Is your strategy a stop and reverse? It sounds like you adjust your TP AND position size. I use a similar strategy. The benefit being that your neither your TP or your position size ...
- djmetric replied Dec 26, 2007
Sorry for your troubles but just remember IT'S ONLY MONEY. It will come and go throughout your life.
- djmetric replied Dec 13, 2007
Take your profits out NOW! If you don't you'll have lost all your money before the end of the week!
- djmetric replied Oct 25, 2007
eeek! Good luck with that!
- djmetric replied Oct 23, 2007
Yeah right... Chuck can't make the market move. The Hoff is the one to look out for! There was a rumor yesterday that the Hoff opened an account with Oanda... hence the dollar rally.
- djmetric replied Oct 23, 2007
OMG! I don't know why you would say this Marrethiel?!? Fundamentals are the driving forces behind currencies.
- djmetric replied Oct 22, 2007
Any predictions on what's going to happen when the US markets open?
- djmetric replied Oct 22, 2007
Wow! major correction there! Everybody OK?
- djmetric replied Oct 19, 2007
Well I guess that's you short now. I recon it's going to continue up. What's your stop loss?
- djmetric replied Sep 21, 2007
Hi Seafront, Could you tell us how many trades hit the 20th progression from 1/2006 to 8/2007?
- djmetric replied Sep 4, 2007
Isn't it possible that they could widen the spread and freeze platforms of individual traders? There are lots of games they could play.
- djmetric replied Aug 23, 2007
A while ago a friend of mine considered providing a signal service. The idea was that he'd advise half the subscribers to buy say GBP/USD and the other half he'd advise to sell. Thus after every trade half the customers think the system is amazingly ...