Nothing could be farther from the truth. Markets do NOT change my friend, they go up, down or sideways, that's all they have being doing since...
10% of your profits will come from your system, and 90% will come from your money management, you should know that by now :p Here our friend...
That's why successful traders with large positions also buy put options (or call options if they are short).
Well of course, a trend cannot go on forever. The trick here is to move your stop as you go along, to protect your profits and avoid a...
The only way to turn a very modest starting capital into an 8 or 9 figure income is to pyramid our profits to the max. For instance, gutsy...
No. First you backtest your trading system in bear, bull and flat markets. If the system is profitable and the drawdown is reasonable THEN you...
So let me get this straight. This trader lost 30 grand (his life savings according to him) but somehow he was not only able to recover that...
12th time?? Not sure I quite understand your comment D08.
New York City. http://www.theawl.com/2013/07/what-a-pack-of-cigarettes-costs-now-state-by-state
In other words you are willing to risk $500 just to earn the price of 2 packs of cigarettes.
Traders, always use stops and don't risk it all on one trade, you don't want to end up like this unfortunate (and very angry) trader :D...
What most people fail to understand (even the economists) is that money does not disappear, it is simply transferred from one pocket to another...
Where on earth did you get that idea, Mad Magazine? :confused: Successful traders do not risk more than 5% on any trade. 2 to 3% is usually the...
Here is the answer to your question : the rich will get richer and the poor poorer, as usual. And this applies to the entire planet, not just...
Who told you that? Stay away from Champagne then :cool: Profitable trading has nothing to do with excitement. Who cares? So who...
Please stop making fun of your fellow traders and stick to the subject. "Let the one who has never sinned throw the first stone" said Jesus....
There is no such thing as a "risky" [financial] product, at least in freely traded markets like the Stock market, the Forex market and the...
Yep, already made over 3K on that trade alone. :) Now let's take this baby for a ride and see how far it can go. Riding a trend until it...
The market will never give you a fixed amount of dollars (or euros) a day. The idea that we can extract X dollars every single day from our...
Oddly enough, I also just discovered a trading opportunity on the EUR/AUD, I will be shorting that pair with a limit order (1.4438)
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