Recent content by MrBurns1

Part of being a trader is having the ability to accept your losses and move on. Simple Also if you have prepared before you trade you should already know what risk you have and already come to terms with it before you place the trade. Comes in time though.

Great advice. I found i have made more mistakes from listening to people too much. Be confident in YOUR OWN knowledge and YOUR OWN analysis and you will go far etc. However ill still post some examples for you later OP. One piece of advice is think like Smart Money, try to pre empt their...

I get you mate,sorry if you did not understand. Price action is exactly what it says on the tin. It basically covers, where price is now and where price has been in relation to support and resistance lines and trend lines. Im at work at the moment but i will post some examples when i get home...

Completely agree. Op your question sounds like a very vague way of looking for the perfect trade. There are multiple things to consider when looking for entries and exits. 1. If i enter this trade, how much risk is involved compared to potential profits? 2. Where are the major higher time...

Re: Gbp (cad & chf) Just on the back of this, do you not ever coonsider scaling out of your positions aswel as moving your stop to breakeven? So at least paying yourself some green pips but still having your open poistion? I only ask this as I have myself had times where i have moved stops...

Crap. Spreadbetting is not gambling as such. It may be portrayed as gambling by the UK Government. Spreadbetters who dont know how to analyise the markets are Gamblers. People who analyise the market, and make decisions based on fundamental and technical reasons are traders imo.

Apparently a Hedge Fund manager who was placing 2000 lot orders looooooooool but still had the time and effort to troll the EUR/USD thread with crap all day.

also the OP does kind of have a similarity to "Turmaz" on Forex factorys EUR/USD Thread.... anyone agree?

On Oanda FX trade for 1GBP per point for example on EUR/JPY is around 200GBP margin. 10GBP per point is around 1900GBP margin so 50GBP per point would be around 10,000GBP margin. Brent Oil - approxiamately the same give or take 20-30pound more/less margin. To be honest with you, ive been...

Hi, Ive recently moved to CMC markets from another provider because I like the new platform, however i have hot a small issue, which i was hoping somebody could help me with?!? I wish to use a dual screen set up with my lap top and another monitor, however as its a web based system Im having...

Thank you very much! Slow and Steady wins the race..!

Good Morning! After spending the past few weeks reading up and researching a few forums I have decided to join T2W and I will start by introducing myself. My name is Sam and I am 25 years of age from the UK. Ill start by saying that I am not here for a get rich quick scheme and to be balling...