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- derrekmay replied Aug 21, 2008
You are right! Only the last sentence isn't correct... You can learn mutch more on a demo than with your own money. If you are under the pressure of loosing everything you'll most probablly make stupid mistakes. It's better to test and test all ...
Knowledge is Power
- derrekmay replied Aug 20, 2008
You are correct, there are allot of systems that work great if the market is in they're favor. But once the market is going in the wrong direction they blow up all of the accounts.
Money Management - Losing Position
- derrekmay replied Aug 20, 2008
That's nice in this way you'll maybe find a perfect strategy that suits you... Keep up the good trading work
Is This My Holy Grail EA :D
- derrekmay replied Aug 19, 2008
I would love that, but I'm not trading on my own. I would be happy if I mannaged to get these results. My moneymanager is making these results
Another 90/10% 2 centsBut how could you inprove these results?
- derrekmay replied Aug 19, 2008
I'm not ready to trade for myselfs
Another 90/10% 2 centsBut it's a nice idea in this way eveyrone can share his/her experiences. I would say bring home those profits!
- derrekmay replied Aug 19, 2008
Still the two most important ones are moneymanagement and a good strategy. If you have both of them you are already on a good road to profit.
Another 90/10% 2 cents
- derrekmay replied Mar 19, 2008
hello, thanks for sharing your knowdledge! will keep them in mind once i start trading on my own.
My Rules for Forex Trading
- derrekmay replied Mar 19, 2008
I really wonder how long it will last before the dollar regains a little bit of his strenght...
US Dollars is getting worthless in Amsterdam
- derrekmay replied Mar 13, 2008
I think you have to test out the system until you have ran into a great period (where you made lots of profits) but also in a bad period (where you lost an amount of money) if your system is positive after these two periods than you have something ...
How long do you forward test a discretionary system?
- derrekmay replied Mar 13, 2008
I mostly use two timeframes(on demos) for all trading... And that's the 5min and 15 min frame.
How many time frames do you use?
- derrekmay replied Mar 13, 2008
maybe you have to look to diversify your money? A part in the forex a part in real estate and so on. If yous eriously are thinking of investing it then you first have to take you time to search around for some good options.
Safe Carry Trade For $100K ???
- derrekmay replied Mar 10, 2008
Sorry for this newbie question, but who or what is GJ?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- derrekmay replied Mar 10, 2008
Verry nice disscusion going on in here! Only one thing I don't understand, everybody is talking about accountbalance. But I believe the equity is the most important thing to watch. Because that's the money that you will have if you stop trading and ...
Lots, Leverage & Risk
- derrekmay replied Mar 5, 2008
Have seen the chart but don't know how you can see if it's good or bad news...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- derrekmay replied Mar 5, 2008
Thank you I didn't knew this! But in this case you ahve to have big moves in order to use the trailing stop.. Also another question is you use a platform that doesn't use metatrader can you be able to use a trailstop sooner?
Trailing Stop Question?? Need help!!
- derrekmay replied Mar 5, 2008
May I ask you why you think it is going to pullback to that point? (Am still a newbie and I am trying to learn how you can understand these types of charts)
USDJPY pulling back to 200MA
- derrekmay replied Mar 3, 2008
I am a bit confused... Do you sit the whole day in front of your pc? Or only a few times a day?
Trading the Daily
- derrekmay replied Mar 3, 2008
I do wonder why everybody uses those stops? Is it just to make sure you ain't going to lose all of your money if the market goes against you? Or can we do other things with those stops?
Forex Stop Hunting - What is it?
- derrekmay replied Mar 3, 2008
Great Reply! I believe this is one of the biggest problems we have to deal with. We can't know if the brokers are good brokers or brokers who want to take our money. Have had a few brokers some of them where great others wanted to take my money...
Broker reliability + behind the scenes