Recent content by 7 Tree

MichaelJJ and Trader girl spot on! If you want to trade you either have to develop your own or find a mentor to help develop your own. Now i hate using the word mentor because lazy people want the mentor to do all the work or they are looking for guru that will do everything. I trade 20 pts...

Do your own work if i was you if someone is making promises like that then walk away! I went to a FOREX open day and the Guy had the nerve to charge £2000 and he admitted that we would be his test subjects. Just because he done the same with a SHares trading course.... If they are not showing...

Make sure you have a plan to follow and you learn as mush as possible.... I love the post "fantastic4" I think a lot of traders dont know when to stop. I have a point point target it does not sound a lot but thats what i do day in day out! Your plan looks like good and i think people dont have...

I use a 20 pts stop. its not how wide your stops are dependent on what style of trading you are performing. For intraday i use only a 20 pt stop on entry and make risk free after 15 and run a trailing stop. This is not the case when i trade Stocks I might use 50 pts stop. it all depends.

Have a trading plan that you constantly develop! The way you do that is pickering up as much as free information as possible!

i use a 20pt stop but that is based on my trading plan and what you are trading. ie i would not use 20pt stop on Rio but i would on the DAX. if i am trading the YM ( which i dont ) i would need a 50-100pts due market conditions.....

I am new to trading have been trading for about 1 year and I am using Advanced GEt and Meta trader. On the signal from It's best to develop you own. I was also listening to a trader called Ali baptise she trades the for forex and she has a site that covers FTSE intraday and DAX intraday. I...

When trading the Ftse you have to careful of the gap or down that has occurred because of the US. Also the Ftse Ftures do not close to till 21:30 so they reflect the market and prices will be adjusted. If you are using SB then i would suggest you trade the Futures chart because its the market.