Personally, I use a trailing stop that I manually drag into the profit zone. The exact mechanics of optimal spacing are also hard to explain, but hopefully, it's good as a nudge in the right direction, that means if you're not already doing it ...

All that talk about stop-hunting works out to be a supply and demand issue and there is no need to take it personally. The fault is the traders who tend to all want to get out at roughly the same price because it correlates with a previous turning ...

Ultimately, there is a reason why funds hire psychologists to help traders perform better. I wouldn't go so far as saying courses are useless, but would rather say they're only good if they also target the psychological component of trading. I have ...

Exactly!

Oh good lord, I'm going to have bad dreams tonight. LOL!

I'm usually a metalhead, but that one here could be a trader's hymn with some minor adjustments ;-) video

Shoot, you almost got me! I confess, I only share what seems to work so far that people stay on the ball, but still mostly lose to generate liquidity for me. Veni recognised this early on, we've been sharing profits since then. But let's leave the ...

No no, I meant boat stuff. I've become interested in boat life since I moved to Malta and am watching Sailing Uma and SV Delos. We're going to subscribe to a sailing school soon. I'm hoping for satellite internet to become good enough to be able to ...

No, it certainly wasn't a bad idea as long as you still notice what's happening on the screen. I think we're all way too obsessed with concentrated work but in trading, at least for the sort of trading we're doing here, what do we really need to ...

This is exactly why I always say that strategy is only a small part of success. A strategy only works as long as the market and the strategy are compatible with each other, you could also say as long as they are in sync. You can recognise an ...

Neither the worst nor the best timezone. You can consider yourself relatively lucky. Personally, I like the European morning the best on most days, on other days, nice action is moving further into NY open. As a rule of thumb: If the whole day was ...

Regarding screens/charts: Veni's way of archiving that market overview is interesting. Personally, I prefer windows stacked from top to bottom so I have all current action on the same vertical axis. Well, whatever you prefer, let's look at the main ...

When I speak of tail risk, I am referring in general to the risk of uncontrolled losses from individual trades. Unfortunately, the consequences of this are often underestimated. To reiterate the often said, should-be-obvious but often neglected: ...

Oh indeed, I didn't spot the first arrow. Alf wears glasses ;-) Well, solid trade then! I played the channel on both sides by the way.

I did take this trade this morning. It was on EUR/USD, wasn't it? I put my entry a little bit higher than you to make sure the previous low was safely broken. This was a buy-trade in a downward channel within a downtrend after all. Be that as it ...

@Jaymantos: Yes, that looks good. As an additional recommendation, I would add horizontal lines or a grid to make it easier to spot areas that are on a similar price level than the PA you're currently watching. @jojofx A higher timeframe doesn't ...

Only if your internet connection has a very unreliable latency, which is rare these days but could be the case with a wireless network and bad signal strength. Of course, it is a good thing to be as physically close to your broker as possible, ...

I get that a lot, not only on FF. A professional trader I know personally once told me you need superhuman powers to trade the 1m, that was before I told him I'm trading the 1m. However, if you get past the period thingy, it becomes a lot easier. ...

I would like to give a few tips here, as I was recently contacted privately, but think this information is better kept public for everyone. General recommendation for all who want to trade like this: Depending on your monitor and field of vision, ...

Long and beautiful legs, that's exactly what I'm here for ;-) Seriously, good catch mate!