With a method like this, keeping your risk as a percentage of your equity is fine when you're catching a trend, but when it starts to slow down, the latter positions are so large in relation to your former ones, that with a sizable retracement, your ...

The fear about FIFO/nedging is misplaced. If you do not want to go through the business of subaccounts or adding an extra unit to your trade, just carefully document your entries and stops in Excel. Sit down for a minute and you will realize that ...

Low blow man... @forextraderx: "Every trader faces it. Only the winners know how to handle it. The dreaded losing streak rears its head every so often and attacks every great trader. It eats away at your judgment; it saps your confidence. Sometimes, ...

Keep it together man, overleveraging is not going to correct and unfavorable position. You keep breaking your rule of not losing more than X%/taking Y amount of trades per day, and this is affecting your ability to clearly interface with the ...

GBP really only moved higher because of the stronger than expected Retail Sales. The comdolls are essentially flat on the day and up vs JPY. I agree with your JPY analysis, but tend to disagree with your analysis on the comdolls as they have been ...

I know you're seeing a lot of trades that seem like good opportunities, but where is your restraint? I thought after a losing day you would scale back to 2 trades only or something along those lines, yet your blotter shows you're in 5? This ends ...

I'm going to make this post with the assumption that when you refer to the Euro, you are referencing EUR/USD. While it may augment your trading strategy, I have my own personal reservations about using the COT as a tool for gauging market ...

If you're doing this, then also include what would have happened if you did not take profits, but let the trade run until the present day. Your results may be interesting. Regards, xXTrizzleXx

It's all a measure of your risk appetite. Since you trade for a living, or due to psychological reasons, risk-free trades may bode better for your trade management style. However, it hints of compliance to the popular adage that one won't ever go ...

Keep up the good work. We trade in an uncannily similar manner, in many, many respects. Careful on trying to time the short squeezes though. I'm all for anticipating them, but the ones that are worth your money will be easily identifiable. Hope ...

I think we need to make some clarifications. The brokers did not allow retail that access to `hunt` their stops. The real reason they let retail in, especially with all that leverage, is because the average retail trader is worst than clueless. Not ...

LOL, so I'm a chode KumoDragon for pointing out the obvious? I'd be mad, but I did not know what a chode was, and after googling, I have now added a lovely insult to my vocab LOL so we have a love-hate relationship so far. The thing is, besides a ...

LMAO @ This Thread! The really funny thing is that you know those guys on the net who point out someone's grammatical mistakes, and then make one inadvertently in the process? One trader is accusing another of being a newbie and looking for a system ...

Off the radar but still pipping in the shadows. image Happy Easter, xXTrizzleXx

Hey guys, I've been keeping my eyes on this pair for quite some time, and used to trade it actively before the peg was instituted. Since then, I've been keeping an eye on its reticent movements in the hope that we'll get some official action to ...

Wait, are we breathing life into this thread once more? Seems like we must be careful though, as it appears we are being watched...seems like one Gerry Davies has identified me as a 'Middle Eastern buyer?' Regards, xXTrizzleXx

Man that guy's really telling it! At least he's well-hedged! Regards, xXTrizzleXx

Heya guys, It's been a while since I've updated the journal, so thought I'd stop by for a quick peep. School has really began to take it's toll on me, and I've had a complete overhaul of my program from Physiology to Mathematics. As an added plus, ...

Heya bug and fxjawn, nice trades! I had a similar weekend-holding trade as well, which extended on further into the week, albeit on a different pair. GBP isn't faring too well... Regards, xXTrizzleXx

SALTY BISCUITS TACT1CAL, +1000000 IF THIS WAS PROJECT ENTROPIA/ENTROPIA UNIVERSE. That post describes my experience with trading perfectly. Couldn't have summed it up any better. Very interesting concept behind the game, using a real cash economy ...