This is not the way to think. Just focus on making good trades and let the numbers take care of themselves. If you focus on money targets you will force trades when you should stay out and stop trading when you have a good edge just because you hit ...

Not all moves retrace sufficiently to escape a loss. Nursing a losing position to a win through averaging down and hoping for a reversal has huge opportunity cost compared to simply taking a small loss and moving on to the next trade.

There were mobile quote machines as early as the mid eighties so the data does exist. Have you tried contacting the CME directly?

I was not too familiar with Mr. Brooks as I posted earlier, but as I read your posts and remember back to a video that I watched of him embarrassing himself trying to make live trade calls at some trading seminar years ago it has become clear that ...

Simple is what works in trading. If you have to think too much or too many variables have to line up perfectly the method won't last.

I have not studied Al Brooks material but I will explain what I mean. When you locate a local trend you will see entries that are counter to that trend. Skip the counter trend entry and enter in the direction of the trend. You are anticipating your ...

Certain breakouts fail more often than others. Find those trapped traders and you are well on your way. Watch price and observe. Al Brooks is also a futures trader so there will be some translation of what he teaches to FX, the two markets do not ...

This is what happens when you refuse to take a loss. video

video

You're very kind but there is no gain here for good traders to stay and post. The forum was started to be a place for traders to help each other but as with all forums it degrades into scammers and naysayers. People like Varkeer get what they ...

No loss, according to Varkeer I am scamming you. Never mind I never asked anyone here for money, or that I helped people privately through PM and on skype for free. Never mind that I posted live trade calls for nearly a year here and put up a trade ...

He has dredged up a post from five years ago when I was losing a series of trades in a test account while attempting to trade a new style. Its a lesson I learned years ago and just needed to learn again. There is only pain for trying to help others ...

No bother. I have nothing to gain here.

Show the post. Quote it here. I don't think you can because it has never happened. Furthermore, I have posted here since 2011. Taught freely and never asked for one penny from anyone. However you ask a stupid question which is clearly designed to ...

A question to ponder: Do you love trading and the process of learning and trying to get better? Or, are you just in this for the money?

I received a question via private message that I think would be best answered here on the thread so as to help the most people. What do I mean by counter party risk? Do brokers trade against you? Have you ever failed to get your money when you ...

It's against my better judgement to answer this honestly because I will be inundated with claims of bullshit and at the same time inundated with private messages begging for help but I will say it this way. Last week I made $21,141.26 after ...

Savage? 700 Remington? Tika?

There is a lot of insight in this post. It would surprise most traders how often someone can get lucky for quite a long period of time. The trader who adds to losers can survive for quite a while when volatility is low and markets are trading in ...

Good questions and discussions so far. I have some yard work to do so here is my second question for you do think about. Do you 100% absolutely and completely trust the method you are using to trade? If you don't, if you are using someone else's ...