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- Mbaxter replied Mar 2, 2013
There's a lot of points that don't jive well with me either about Forexia's post; but I think they were pretty much all addressed. As for the original question; I don't think I would. There are far too many paths to success in forex; a person just ...
- Mbaxter replied Feb 28, 2013
Hi there, and welcome to Forex! Your start sounds very similar to what mine was. I tried several different things until I arrived at Price Action trading; like you! Personally, I love it. It is also very useful if you decide to learn other aspects ...
- Mbaxter replied Feb 28, 2013
I personally feel the single biggest factor is poor risk management. I always aim to take trades that will make me at least twice of what I risk (a very common strategy). I've seen plenty of newbies who just pick an arbitrary place to put their stop ...
- Mbaxter replied Feb 27, 2013
You're right, manilaguy. I've seen those numbers thrown around a lot. You don't need a lot to start off with. I think it's a better idea to go with maybe 500 and trade in micro amounts until you're comfortable putting your money out there into the ...
- Mbaxter replied Feb 27, 2013
From what I understand of the indicator, it can be used on any time frame chart with similar success rates. The indicator itself provides the important information on when to actually execute the trade based on what it is interpreting. EDIT: Removed ...
- Mbaxter replied Feb 27, 2013
I like hard and heavy music. I think it takes all kinds for the spectrum of people. I feel more relaxed and attentive when I have some loud rock or metal going.
- Mbaxter replied Feb 27, 2013
Not at all; nor do I want to! I can certainly identify with your love of the markets. Although with all of her subtleties and nuances; she seems far more feminine than masculine.
- Mbaxter replied Feb 27, 2013
It's typically just a matter of personal preference. I actually have different approaches. When I scalp I use mahifx.com's platform. If I'm doing long-term trading, I'll do analysis on a MT4 account and place my orders with that broker. On the plus ...
- Mbaxter replied Mar 12, 2012
Whilst reading this article it made me think about a quote that I read a few years back. Learn to controll the downsides. Learn to take the losses. The most important thing about making money is not to let your losses get out of hand." - Marty ...
- Mbaxter replied Mar 12, 2012
Very good! This program could be further developed into something pretty cool! The front end look is a bit to be desired, but that's a kick fix. You are absolutely right about MT4. It's a pig of a platform. I hate it. Don't think they offer one ...
- Posts by Member Search: 'Mbaxter'