Who is this Hanover chap anyway?? I can't DM you...send me a DM you old savage. Be good to catch up.

With respect YOU ARE A MADMAN. The trading system we use delivers about an 83% strike rate. Which means its wrong 17% of the time. You are aware of the probability of flipping heads or tails on a coin at 50% DOES NOT MEAN your probability of hitting ...

I keep circling back to account management being critical in ones trading. I like to qualify what I say with real-world examples, so I trade around 0.25% risk and have traded as high as 2.25%. I do find it ironic people asking me this and then I ask ...

Howzit! Verstaan jy? I'm a fellow pale native from south of the equator and always happy to help out. I see you have given me a follow (thanks!) and if you look at my posts you will see one where I spent a few months trading the ALSI and ...

Why do I always feel a bit like a celebrity when David quotes me on here...

The choice of pair/instrument is driven by 3 key factors: 1) Range 2) Spread 3) Time 1 - I am often surprised to see how traders will doggedly stick with a pair because they 'think' its a good pair but are unable to qualify why when asked. The ...

You are FAR too clever for this place D... Hope you are well!

You're welcome. It has been my experience that even the best regulated brokers are no guarantee of safety. I cite the CHF 'crisis' last January (or was it the January before?) where a HUGE spike in the Swiss Franc literally imploded accounts in a ...

Hi All, Much of this will be a regurgitation of many of the things popularly said in here so I will say them again and shine them up with a little fairy dust and try to answer the big question: Can I make a fortune in Forex? The short answer is yes. ...

Hi all. The selection of instrument or pair is reasonably linear as long as you take 3 things into consideration. 1 - The pair or instrument daily range : how far does it go up and down during the day 2 - The relative fee, spread or commission on ...

I just realised I didn't actually answer the question: This week we grew our account by 9.1%. Slightly above average week. We typically see a total of 20% a month. Our risk is fixed at 0.25%. Our R:R is anything from 1:1 to maybe 1:8 but usually ...

Today's Factoid: Statistically, retail brokers in FX treat accounts funded with $2,000 or less as 'dead'. What does this mean: the sad fact is anyone who has $2,000 or less is statistically unlikely to generate any meaningful profit and is treated ...

A few of my observations: (for those familiar with these I apologise in advance) Within our trading setup we have a section that reaches retail traders. That means those who don't trade for a living and need the support of various organisations ...

Personally I only use a 'demo' when I am trying to learn a new platform, so I avoid stupid and costly mistakes. The moment I have a grip on it I go live. I have found over the years that I never really behave the same when I am pretending with ...

Hi All, Unfortunately the statistics are not on the side of the amateur trader. A portion of our trading activity has now been regulated and as such I have been fortunate to gain an insight on how things 'really' work out there. And if I'd known ...