Recent content by crud-cutter

One big advantage of trading Forex rather than Shares is that the underlying 'value' is so much easier to find. Here is a good (but simple) video from Kathy Lien (whom I respect much more than her trading partner Boris Schlossberg):

While on the subject of account size and psychology, I take a slightly different approach to Boris Schlossberg in that I also believe that it's vital not to have too small a live trading account. So what is 'too small' and what are the advantages of having a larger account size than Boris...

Alternatively you could just use a Bollinger Band and set the number of Standard Deviations to whatever best suits your trading style. Just experiment until your find one you are happy with.

Hi, you are certainly right about the wins reinforcing the 'haphazard behaviour'. And 'haphazard' is putting it politely - face facts, ultimately it will almost certainly destroy your account! Here is an email from Boris Schlossberg (of BKForex) on the subject: ********Start of email...

AT the Macro level the main difference between the Forex Market and the Stock Indices such as FT100, DAX30, CAC ,S&P500, DJI, NQ etc is that all Stock Market Indices have a long term bias to the upside, but Forex pairs don't. To a certain extent even individual stocks have a bias to the upside...

Hi @Rowtheboat, You have been given the best advice already: 1. Look for trustworthy platforms with low spreads. 2. Use Limit orders where possible. Though the size of the spread will affect whether you get your order filled or not. 3. Look for other markets which have enough volatility for...

My Monthly statement And yes, I had my best week last week and I was a little down on the account before then - so what? That is a +79% week in a moderate sized real-money account !

My statement for yesterday (also covers Tuesday , Wed and Thus. By coincidence although it only shows the last4 days ( that first entry is always 0 ), I didn't trade on Monday due to various reasons including getting a Covid19 jab.

I was trading the Micro E-Mini, so the 2 trades combined netted me approx $105 after commission in less than 23 minutes ( it 's a 30secod chart). My TradingView chart was showing my London Open 'Box' at that time, the ES bounced off the bottom of it to the tick! Too bad I was not back at my...

I just know somebody is going to claim that I don't really trade a real money account, or that I win big one day and so my results are just based upon luck etc. Here are some screen shots which may help convince you otherwise: My first trades yesterday, got back to desk from getting a cup of...

I've also recently had questions about how I trade from some of my fellow students of Ray. Now I can't explain everything because of the Non-Disclosure Agreement, but here is what I can divulge in this forum: I'm able to spend what I consider to be fairly long periods intensely focussed, up to...

A question sent via PM in the ForexFactory site: --------------------------------------------------------------------------------- To: ianf0ster | From: xxxxxxx | Sent: Jan 25, 2021 8:06pm --------------------------------------------------------------------------------- Are you still trading...

Continued from previous post..... Note the choppy overlap of the candles, with endless wicks (tails) above and below. These are conditions I particularly dislike. If I can profit on a day like this, I consider myself lucky. It's time to stand aside now. Don't push your luck in...

continued from previous post... Continued on next post...

Continued from previous post ... Just like occurred here... in a rather messy example on a day with particularly unfavourable conditions. But hey, that's the nature of this game. It's not always smooth price flow and easy movement to the target. Note that the market doesn't start off with a...