I don't need easy. I just need possible.
A better Editor for mql is available. 100x better than MetaEditor 20 replies
Broker needs to do better, much better 4 replies
Better momentum and better Sine wave indicator 0 replies
Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies
Is Better still better? 1 reply
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@sam oanda (who i think you use? not sure) only has a 10pip gap or so. I went through the same thing a few posts back, A/U burned me doing it (demo)
guess gap plays can be really dependent on your brokers feed.Ignored
DislikedYa, Oanda. But I double check the gaps against multiple brokers @ http://www.fxstreet.com/rates-charts/live-charts/ before I enter. You usually will see different gaps but as long as they all show generally the same thing, you're good.Ignored
DislikedLol, how do you know your still far from being a good trader? Being 60 pips plus in USD/CAD before this motherf*** of a newsflash, getting stopped out with minus 20 pips, not even thinking about trailing your SL or AT LEAST moving it to breakeven.
well, once in a lifetime...
http://www.abload.de/img/news0wpuu.jpgIgnored
DislikedNot sure what kind of management did you use to extract a profit from this one. It was a scary drawdown before the drop.Ignored
Dislikedif 14 pip draw down scares you my friend you are in the wrong game.
with regards to the "management" its a fine balance between management and where your stop should be. just because your "management" says that its too much risk does not mean that you can cut the trade there and take a loss. I stayed in this trade by 3 pips. There is always a SQUEEZE before the markets drops in the other direction I have seen it countless times. just the way Pros make sure they shake the weak hands.
off course holding a trade going into NFP isn't for everyone....Ignored
DislikedHey 80,
Pips/ticks doesn't mean much to me and they shouldn't to you if you doing proper position sizing. I just didn't see the reasoning behind hiding your stop that far (except hope, random management or a fat record). Stops are usually put behind something that could turn price. At least by my experienceIgnored