Recent content by Blithe

Hi All, Do you remember seeing posts from Newtron-Bomb (Phil Newton) on here from yesteryears? He is a well-respected trader who uses price-action to trade forex and a variety of other financial instruments. Phil also takes pleasure in coaching newer traders on trading, and currently operates...

RougeTrader & Options, Thank you very much for your time. Unfortunately I am away from london till monday and therefore away from the desktop, so will report back monday night. Thanks for the link to the website, looks very useful indeed. I have other accounts to trade from, so would prefer to...

Hi RougeTrader, Don't know what NAT means, but am behind a hardware firewall. If I disable my software firewall briefly then the prices do refresh - and that is how I identified the conflict as being with the firewall. However I have given full permissions for the CMC software (inside kerio)...

Thanks for your inputs guys, unfortunately its still not working. :rolleyes: Will have to phone those tech support guys again and see if it can be sorted - hopefully this time I will get the right person :)

Well I have installed the latest update for CMC but I guess I have nothing to lose by removing and reinstalling the software all over again. Oh, I do use IE and I also have the latest Java version. Many Thanks for your help Buddy, I really appreciate it.

Thank you very much for your reply. Hmm, wonder what the problems is then? By the way its been there for a long time, so haven't been trading with cmc for a long while. Also, can fully understand your sentiment about the quality of tech support sometimes! I take it on the kerio you have got...

Hi All, I quite like CMC, but have had issues with their platform. When I try logging on to the Marketmaker, it does not show any live quotes. I understand this is a problem with my firewall (Kerio - sunbelt), which I have used as norton was slowing computers down a lot. However, as far as I...

Dear Fellow Traders, Just wondering what parameters U normally use to rate your system and Why? Personally, I test my rules and the most common parameters I use are: Win-Loss Ratio: To work out Expected Strike rate in a large enough sample Risk-Reward Ratio: To make sure RR is in my...

Yo twalker, Absolutely, I totally agree that all parts of the system should suit the trader's personality and trading method. I suppose by leveraging the potential you mean the opportunity to pyramid? If you some other aspect in mind, care to elaborate? Cheers, Blithe

Hi Sven, Agree with you that it is best to trade with such amounts as you are comfortable with, so you can concentrate on your trading and not on money. Yo G-Man, The word consecutive seems to have hooked several people and I am sorry I didn't make myself clear. Consecutive losses were taken...

Hi JP, Certainly, there are several ways to make money in the market. And as you say trading the news is something which does invites a debate. If OK I will keep my views on trading news to myself for the time being and post it elsewhere more appropriate. While I am sure several traders who...

Hi Spreadbetteur, Rest assured, the implication of that statement was "It is extremely unlikely to have such a string of losses, hence as long as your edge works and R:R >1, you will make money without ever putting your account under threat." I can't stress enough that I considered the absolute...

Nice of you to reply on the thread Mate, of course what you say is absolutely right. The only point I was emphasising on the thread was that the goal of this exercise is capital protection only, and I chose the worst possible outcome, reasoning that I can at least place 40 trades with a risk of...

Dear All, I am putting together a few thoughts on money management and I firmly believe that this is an essential part of trading, esp. in the inital stages. After stating a few assumptions, I am analysing it from a capital protection point of view, and essentially laying down a few rules that...

The Chinese Revaluation - Yet Again! Hi All, The Chinese reval has been discussed on and off several times in the last year. Understandably, the market reaction is getting more and more muted. Here's a few things of note, apologies if it is all too obvious for the readers. Well, as rightfully...