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- 17 Results (1 Thread , 16 Replies )
- Kman replied Aug 25, 2017
Move today means it's going much higher. Market needed a few weeks for shorts to add to their positions first.
- Kman replied Aug 22, 2017
Low risk trading this live because your hedged.
- Kman replied Aug 22, 2017
It seems like you would need a very large acount to make this worthwhile and the time to stare at your screen all day.
- Kman replied Aug 22, 2017
It seems like this strategy must have been tried by big players. Is there any indication that it is used by banks? My guess is that the market is not that simple.
- Kman replied Jul 22, 2017
I've learned that the only way to make money is to wait for traders to get blown out on a huge move. When they're out of money "closing their trades for massive loss", start going the other way. Most traders have an uncanny way of hanging on until ...
- Kman replied Jul 22, 2017
It's safe to mirror the new guys. They get destroyed. Some profiles here are losing double pips consistently. If you have the time to mirror them, you can get a big percentage on the other side.
- Kman replied Jul 21, 2017
I've learned that traders don't want to lose a profit or take a loss.
- Kman replied Jul 21, 2017
Perhaps you can shadow the bad trader's moves with an opposites portfolio in double the lot sizes.
- Kman replied Jul 21, 2017
Money management and risk reward are practically ignored by bad traders, so if you do the opposite you are likely to make money. You take the emotion out by doing the exact opposite of a bad trader.
- Following bad traders as a strategy
Has anyone tried to monitor a really bad trader here and do the exact opposite of what they do? ...
- Kman replied May 1, 2017
Try trading pre-U.S only between 5 - 8 am. The best time to trade Imo. A good ranging market but fairly active. Be out before 8:30 am.
- Kman replied Aug 20, 2016
You are much better off taking the forex money out, buying a car and becoming an Uber driver.
- Kman replied Aug 20, 2016
I have been trading for over ten years. I have come to the conclusion that it is an extremely dangerous place to put your money. On the other hand, with experience you can learn how to not lose too much, which makes it entertaining.
- Kman replied May 26, 2016
This should be interesting for many here. video
- Kman replied Oct 31, 2012
It all comes down to what are you expecting on price? If the current price is near the 200 MA then you have no plan.You don't know where the price is going. Martingale is a top or bottom picking method IMO. When you see the Swiss Franc explode in ...
- Kman replied Oct 26, 2012
Know when to use it — I trade martingale when price overshoots the 200 MA dramatically. It works great as a contrarian play. I trade very small. You have to stomach the drawdown, but it's well worth it if you have the capital and can hang in ...
- Kman replied Sep 5, 2012
For a Living — I trade only for supplemental income. To safely trade for good income you need at least 100k, but I make money every year. I've been trading for ten years. The bottom line in forex is patience. You need to know how to get into ...
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