I start trading new systems with minis. Once I've made enough profits from that specific system to afford a standard, I let the system pay for the standard lot size margin and risk. So (for me), it's not about how much time the system needs to be ...

I take partial exits at specific price points, then throw a trailing stop on the last open position. Otherwise, I let myself take small profits and big losses.

This thread should have a poll for genres. I'm a classic rock fan when I trade, sometimes (oddly) Coldplay.

I'm breaking even at this time. Can't complain too much about that ;-p

I tried P90X, but that didn't last long. Then I had a daughter- I keep the weight off just trying to keep up with her.

Wake up at 8:30, arrive at work ready to trade by 9.

My trades are based off of predetermined systems, so I keep a system log in Excel that works out quite well for me. It helps me very easily monitor a system, other circumstances in the market when the trade was placed, etc. The majority of traders ...

Yes, it would help if the market moved in algorithms, but that doesn't prove that systems are worthless. The way that game reacts is NOTHING, NOTHING, NOTHING at all like trading. You don't place a trade and then the market price revolves around ...

Hahaha, so true! Oh no, the NFA is going to silence me next!

I completely agree with you on this. I know a trader that can look at a chart and accurately predict what will happen 70%+ of the time without even knowing prices. I know I can't do this yet, and no "holy grail" will teach me this, but I am getting ...

My hardest obstacle to overcome- Taking small profits and large losses.

This usually depends on if my trailing stop was hit, or even activated. If my trailing stop made a great profit and a large movement, then I'm more likely to exit, then enter on the other side. I wouldn't do that if I just got stopped out though, or ...

The short the better for me, I don't like being in many trades over 2 hours. Occasionally I'll have a 12 hour trade, but I just don't feel comfortable with too much higher than that.

I only trade cross-pairs if there is something news related happening to one of the currencies involved. I don't trade news events hardly ever, so I pretty much never trade cross-pairs unless a perfect setup is apparent. Also, only if that setup ...

I meant a smart trader can day trade and be fine. Another smart trader can swing trade and be fine. Another smart...you get the picture? I'm saying that frequency of trading is not what determines the success, it's a matter of the person knowing ...

This is a pattern- The EURUSD typically moves down 66% of the time at the Australian open. Here's an article describing how to take advantage of this pattern The author uses price action and time to show where the best opportunities are. I've used ...

A smart trader can trade any of these styles, as long as they are smart enough to know when to get in and when to get out. Most people don't look for perfect setups as much as they are looking to hop into a trade when they are on the sidelines.

I think 99% of traders would start over. I would trade with a lot less money, make much fewer trades, and not switch from a demo account to a live account after trading for 2 days :-)

I personally don't contend against these instances, but I know plenty of traders that do. The best thing is to read the Terms of Agreement to see what their policy is regarding pending orders and liquidity.

Unless you are trading a very, very large account I don't think the broker is at fault more than 20% of the time there is an issue. Traders like to blame the broker instead of admitting to a mistake. Typically, the only real problem a trader will ...