Recent content by Mr E

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    Forex Day Trader's Thread

    I've gone to have words with him - he's going to regret this.
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    Newbie on a hot streak - can it last? 300% last month

    How are you getting 30-40% and dare I ask if you've tried it? Even some of the most successful traders have a 30% or lower success rate so it's not such an issue if one runs below expectation.
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    Newbie on a hot streak - can it last? 300% last month

    Thank you francis and mr beef, I have taken on board some of the advice - but i'll be staying with 3-5% as the risk is constant if I keep using it and i'm not going to waste my time trading for 1%/trade. Perhaps I got lucky on the size of some of my winners, but overall I don't believe there is...
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    Newbie on a hot streak - can it last? 300% last month

    I'll be sticking to 3-5% as it meets my goals. If I suffer from slippage and shenanigans then i'll just take my business elsewhere and find some place that can take my trades. I believe that by watching the markets one can learn from the levels and develop almost an instinct whether to be in or...
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    Newbie on a hot streak - can it last? 300% last month

    I watch the market and what price does at certain places. If I think it's going up, I buy - and if I think it's going down i'll sell. There's nothing more complex to it than that. Even if this gives me an edge of 1% or even a zero edge i'll still be profitable using my strategy.
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    Newbie on a hot streak - can it last? 300% last month

    I don't think it's luck - i'm just wondering if perhaps i'm performing above expectation. I risk between 3-5%/trade. If i'm on a loser I cut it quick, and if i'm on to a winner I'll let it run. It's simple, that's all you need to do and the price can only go one of two ways so if you can do...
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    Newbie on a hot streak - can it last? 300% last month

    I add that i'm not trying to sell anything. I started off with £1000 and I don't always risk 5% - I said i've never used more than 5%. Thanks
  8. M

    Newbie on a hot streak - can it last? 300% last month

    Hi T2W, I just started getting into trading about a month ago. I started off with a relatively small amount as I don't know too much about it; but it seems simple enough as I have some gambling experience and know about risk and reward. The risks i've taken in the last month haven't been big...
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