Recent content by Skytrotter81

Hi Tenapenny. Thanks for the advice. I am currently using SmartLive to demo. I have tried IG and GFT but to prefer to use the MT4 patform. Less gimicks and i can trade straight off the chart which i prefer. So am i now right in thinking that if i open a live account with Smartlive, in the...

Hi tennapenny. Thanks for your reply. I have read most of that website and it's been brilliant. I'll explain where I'm struggling and you might be able tell me where I'm going wrong. Probably everywhere! Hypothetical situation.... I start with £10k account. I want to risk 2%. First I work out...

Hi Keith Thankyou for your reply. I do really need to get my head round this. Is there any chance I could get your email address to ask you a few questions? I won't pester you but I'm young and struggling with some aspects of trading and I need some help off someone experienced. If not could...

What leverage does everyone use on their live accounts? I want to risk 2% of my account on any trade...so would it be best to have leverage of 1:1??? I say this because then if my stop is hit im not multiplying my loss by the leverage i a have chosen? please advise!

Well at least ive skipped the backtesting bit so thats a start! Only forward testing. I dont know if im making it hard for myself but im watching 7 pairs. Now, before everyone jumps overboard, my reasoning for this is i figured, i only have an hour to trade in the morning so to give myself the...

177 pages...done! That was hard work, but very useful to anyone thinking of trading the 3 ducks like myself. I too have the problem of a dreaded job slap bang in the middle of the good trading hours. I have however been paper trading this for the last month still. Getting up at half 6 and...

Yeah I wouldn't mindreading that thread aswell. Could be wry useful. Do you know what it was called? Just an update anyway. I started paper trading a daily system today. Put my order in before the open of the London session. An have set them to close at 2 pm gmt. I may change this time as I...

Thanks for tour replies guys. Any more help or info would be greatly appreciated as I'm like a sponge at the minute

Hi As i am sure many of you have read before on these forums i am a new trader looking for a system to trade. Well actually, scrap that. Im a newbie but im trying to develop my own system by reading and learning as many books and forums as i can. One thing i have learnt though is you needto...