Money Management - the piggybank idea | Forex Factory

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Money Management - the piggybank idea

  • #1
  • First Post: Nov 15, 2008 8:48am Nov 15, 2008 8:48am
I remember reading someones thread about a moneymanagement idea involving 20pips and anything over they add to a "mental" piggybank

Ive tried to search for the article/thread but cant find it - anyone else know what i mean ?
  • #2
  • Nov 16, 2008 7:52am Nov 16, 2008 7:52am
It's possible you were reading twoblink's thread:
http://www.forexfactory.com/showthread.php?t=57121
In trading, there is no bullshit. You either make money or you don't.
  • #3
  • Nov 16, 2008 8:09am Nov 16, 2008 8:09am
Seems like those who can trade. Trade. And those who can't sell systems.
  • #4
  • Nov 16, 2008 8:54am Nov 16, 2008 8:54am
Quoting Tjpld
Seems like those who can trade. Trade. And those who can't sell systems.
That's true more often than not, but like any rule, there are exceptions. I'm not referring to those who are selling crappy little ebooks and EAs. But there are at least a few good traders out there who enjoy teaching and the camaraderie it provides. And a few that enjoy the invention process. It might be a mistake to dismiss them all.
  • #5
  • Nov 16, 2008 2:31pm Nov 16, 2008 2:31pm
Quoting billflet
That's true more often than not, but like any rule, there are exceptions. I'm not referring to those who are selling crappy little ebooks and EAs. But there are at least a few good traders out there who enjoy teaching and the camaraderie it provides. And a few that enjoy the invention process. It might be a mistake to dismiss them all.

I agree with you. Anyone selling something to do with forex should be listened to with much skepticism. But those who give with nothing expected in return are usually the ones worth listening to but the hardest to find.

Some of the best systems can be found for free and will work in all types of markets, but the hitch is they require discipline which is what the vast majority of traders truly lack.
  • #6
  • Nov 16, 2008 5:00pm Nov 16, 2008 5:00pm
Quoting mrgreen
It's possible you were reading twoblink's thread:
http://www.forexfactory.com/showthread.php?t=57121

Thank you mrgreen - it was not in twoblinks thread - maybe it was Peter (??) I will carry on reviewing threads
  • #7
  • Last Post: Nov 18, 2008 12:48am Nov 18, 2008 12:48am
It think it is Spud's thread, just look up Stochastic based systems in the trading systems sections, as far as I remember I think its the stochastics thread.
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