Recent content by Trading Fox

No - not that I can see: futures, fx, FX cfd's,index, index cfds, managed funds, options, shares, share cfds, shares margin, trust units and warrants are all on the list. Henk Vos

I have used Stator pro for a number of years. It is very good software, allows you to enter trade manually or via import, calculates risk and stores all the trades, using external free data to maintain your instrument prices. All in a number of portfolios and trading systems. The best part...

If you want to get your name out there for something, then you really need to add value. I'm afraid that this analysis does not, its of a level that is written by a journalist in a local rag. Often a contra indicator. I hope you see this comment as constructive (which is how I intended it) Cheers

Elliott wave in my experience is interesting and perhaps helpful in hindsight but not as a trading system. I've used it for a number of years and while it seems attractive, I've only ever lost money using it. Wave 4 is a horrible wave to trade because you can never quite tell when it has ended...

Sounds like you are doing fine. Setting stops is a real issue in developing a trading system. The problem with stops is that you do need to set them quite wide to give the trade room to move. If you have a close stop, you will have a small loss but you will have a lot of them! If I can make...

In response to the original question - leonarda I don't think trading is easy. It is easy to trade but not so easy to find a trading strategy that you can trade profitably and that you DO trade profitably. I read a book called the Black Swan that perhaps described the reason to the number of...

Great set of comments by Nick. I was one of his customers for a while and I know he gets many of his calls right. But getting stuffed by the Australian regulator though the short sell ban was a particular problem that drove me to trading forex for income instead of relying on stock markets and...

Thanks for that Neil, you are right there are some really good for expanding on the basics with real life decisions.

I agree with Rhody Trader risk return is meaningless on its own. I suggest you have a look at one of Alexander Elders trading books or troll the net for some information about the expectancy concept which is calculated as below. E = (Avg win $* Win rate[%]) minus (Avg Loss $* Loss rate[%]) A...

Finding the best is a tricky problem because the best for me may not be the best for you and your personality and also your time frame. I do think that you need a solid trading strategy (or system if you want to be fully automated) to be successful. There are many free forex trading systems on...