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- solvman replied Sep 26, 2009
In general, I would say yes. Because you run your trades longer and expect bigger pip return from your trades. It is different for every setup though. Do not risk more then 2% of your account at any given time.
- solvman replied Sep 26, 2009
I am a beginner myself. I've tried as you are shorter time frames at first and miserably failed. In addition, I lost my interest in indicators and numerous systems. Although, some of them might and do work. I felt like it is more important to ...
- solvman replied Sep 23, 2009
It is always easy whenever you have 15 years of experience and multimillion dollar/eur or whatever account. Getting to that point is not easy. It's like telling 3 years old how to hook up home theater...with right instruction he/she will do it ...
- solvman replied Sep 23, 2009
I would like to believe that too. This consolidation that's going on right now is kind of freaking me out.
- solvman replied Sep 23, 2009
If you want to go with $ amount then... 1 lot (100,000) of EUR/USD = $10/pip, 1 lot of USD/CHF is $9.78/pip. 70 pip of flactuation "worth" $700 for EUR/USD that you want to hedge with USD/CHF flactuation of $9.56x58=$566.08. Contract amount is CS in ...
- solvman replied Sep 23, 2009
I already try scalping , and I think it's difficult but I haven't yet try swing/day trade. IMO Scalping requires a lot of skills. I've heard a lot of traders recommending studying price action on larger time frames first (Weekly, Daily). And only ...
- solvman replied Sep 17, 2009
1. You always have to use stoploss. Here are few reason: Power might go out. Your computer might break Everyone needs to sleep/rest/eat/...(you might continue this list yourself) One of the ways to control risk And so on...and so forth... 2. Why ...
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