If you are breakeven or a little better after one year, I would consider you successful. That's how much the odds are against you.
Yes. Just go to Oanda and setup a demo account... play around with it and you'll see...
X, I'm glad humility is one of your stronger traits...
The former... If you are trading EUR/USD and you go long, you are buying Euros and selling Dollars. You will make money if the Euro goes up.
Spoken like a pro. That's exactly the attitude you should have, Ivan...
I'm wanting to test one of my trend following strategies on as many pairs as I can, including exotics. Unfortunately, TS only offers me about...
All I know is that the PDT rule cost me 8,000 in woulda, coulda, shoulda profits because two or three trades earlier I got whipsawed out......
And just to add to Exchange's post, I'd say -- know yourself well. What kind of personality do you have? Do you need instant gratification, or can...
No one is saying anything about predicting.... I don't have to predict. I can backtest an instrument for 3-4 years and see how well it trends...
Yep, pretty much. That happens. As long as you're doing it when price is around your setup and trigger, then it gives you an added edge of not...
Got any tradestation code for that or do I have to code it myself? :p
Exactly. My only problem is knowing exactly when you're in that sideways mode, which often means you've already gotten whipsawed...
I guess I miss your point. Trend followers know that they won't be clean... heck, I'm right 33% of the time... I accept that because I know my...
Yes they do. :cool:
ES... you ain't right man... ;)
So what is considered a good spread for gold and silver?
They've offered 50:1 for awhile now.
Do they trend well?
Werrrrd up...
I find that rule very very confusing. What I thought was right has been contradicted by another poster here. I can buy his explanation too....
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