Interesting thread. Averaging up could help here as you have the benefit of holding a larger position when a winner comes along.
Nice to see someone talking sense here.
Making one or a few trades per year works for fundamental traders like Jim Rogers. Not my thing, but I like to keep an eye out for those rare...
If you ask beginners/losers/retailers (usually one and the same) I suspect the majority would focus on entries. Afterall, they are following the...
I was being sarcastic. I use POP's rules to great effect. The problem (just my opinion) that traders have with POP is that his 2 rules are open...
I like it when traders take that POP rubbish and throw it in the bin. IMHO that is where it belongs :)
For what it's worth I make good money trading CHARTS, not squiggley lines. FX is my bread and butter. Price is all you need. There is a lot of...
I don't see why trading FX is any more difficult than trading an index. Prices go up, down, sideways, sometimes it trends, sometimes it's choppy,...
TraderNik, I have done this in the past but hated to miss out on so many trades that don't make it to your entry. Do you find that?
I would go with: 2. Noise is your friend, and your enemy. Never fight your friend, but fight your enemy. Nyse, would you agree that noise is...
Very interesting interview. Worth a listen. http://www.pbs.org/moyers/journal/04032009/watch.html
With regards to risk, I would say that deciding where to place your stop when sizing up a trade and truely accepting the risk are two very...
OP, this is some good solid advice. Don't underestimate it.
Very good! I especially liked what was said about execution.
I skipped over most of the posts in this thread so no doubt someone else has already said what I am going to say. The shorter your timeframe...
Cramer.
lol :)
This kind of opportunity is very rare, it's like buying corn at 30 year lows around $1.50, there is around a 99.999% chance that it will not go to...
I think that your idea is not actually so bad however I would approach it differently. Can you identify a trading strategy that would lose...
Nysestocks, thanks for the thread. I am enojying it! I will be honest and admit that I have no idea what the obvious is that you refer to....
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