In the short term, yes. In the long term, no. But I also know that my system over X period of time has X% drawdown and I know that I will take...
I've been demo'ing with Oanda and just opened an account with them. No minimums (I just opened a $500 test account), no fixed lot sizes (you...
Yes. Because I expect to have big drawdowns sometimes. It's all about being able to accept my losses. I don't need to be worry about losses,...
BTW... sorry for hijacking your thread... :)
I didn't purchase his first book, TDT... is it worth the read if you've already read the Zone?
I'd even go as far as to say that this is the mantra that all beginners should recite when they start trading... Post this one up right...
I'm trading EUR/JPY... how is that pair when it comes to interest? I bet it has. How else has it changed?
Electric, I have backtested by equities swing trading strategy on a pair in currencies and it's looking pretty good... I'm learning more about...
Chris, I've found that it's important to figure out who you are in regards to your trading strategy. Are you the type who needs instant...
I would not trade, let alone swing trade, without enough to get past the PDT rule... (25K) For example, my broker, Tradestation, requires a 5K...
Exactly. Unfortunately, I have yet to hit that "constant" return phase... LOL.
I agree. I believe in just letting them compound. I have a full-time job, and I automate my systems, so...
I couldn't agree more. I trade a very very simple strategy. Being a trend follower, I have no problem letting it ride until my strategy signals me...
Your head is messed up because you can't let go of pride. Let it go. Become humbled. Trust your system. If you are afraid of taking losses, then...
When I'm having a bad day on the market, and it feels like the market specialist is just there to trigger my stop, I just remember -- it takes 42...
Amen to that rider... the hardest thing for me to learn thus far is to set that badboy on automate, make sure that it entered the trade, walk...
You hit the nail right on the head, except that at least IB and Tradestation have it coded in the system to not let you open that 4th trade... so...
Folks, I've known this for awhile now. I'm fully aware it's public record. And that's exactly my point -- it shouldn't be. I've had this...
It should be illegal to see what other people paid for their house. It's not anybody's business what I paid for my house. Period. You should...
Some brokers have built-in rules that will just reject your trade if you try to open a trade and it could be your 4th round trip. So even if...
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