LOL, I trade naked...so to speak. The urban camo is to not be detected. Here is a clean pic of the setup. image Main trading box is a custom built;Asus p6x58d mobo, core i7 quad 2.8ghz, 6 gig triple ch 1600mhz ram, twin gtx 250 cards, raptor 10k ...

My home office. image image

High momentum entry to quick risk mitigation(moving to BE/+) is one of the secrets to this game. Closing positions on 30 pip TP's or getting your full SL hit is NOT.

So you are insisting that the assumed 95% failure rate is due to leverage misuse? I think the CFTC is hiring, you should put in your app....

Learn how to use leverage. 1:100 capabilities do not mean you need to trade at that level, your position size can also determine leverage. url

Exactly. This approach will hopefully take the majority of the "Psychology" out of the equation. From here you can focus on trading strategy rules to maximize your strategy expectation.

You need to be AWARE and COMFORTABLE with precisely(+/- small percentages in slippage, gaps, order fills,. etc..) how much you can lose BEFORE you open any trade, with a risk management system dictating your total risk $$ before entering. I see this ...

Right, I believe they use it gauge volatility and apply that as a risk management % as opposed to the usual flat ex. 1-2% account balance. It sounds interesting. Has anyone seen success with developing of system using atr for risk management?

Your sitting right in the middle of it, its called Forex factory. Read everything in sight. Do you have a background in any other computer based programming? The quickest way to learn imo is to rip off code(i say rip off but simply mean modify ...

Adjusting(lowering) position size can allow you to dramatically increase your SL size, reducing the susceptibility to noise from churning, s/r testing, etc.. before a big move. Minimizing your leverage as Xaron pointed out has a similar effect to ...

Position Sizing is key to your capital preservation. Try keeping your Risk at 1-2% Account balance. This will become your R (risk). Recalculate R before each trade, since your account balance changes. Stop loss placement(size) can be variable based ...

12:47PM BFE Arizona. Locked in my office, reading everything in sight trying to learn this FX crap.