Recent content by fakhar

Euro fx and BP futures are better to be traded at night. they have enough volume.

Dear, I have different strategies for exiting the trade. Whenever i do scalping, i place stop one tick above/below high/low of the bar but obiously i stopd out quickly. Often i wait for a big move favoring me then place my stop at retracement.Scalling out is an important part of money...

Dear, you must try multiple exits and i think you will love it. I trade NQ with 3 contract sets and after first target(that is 8 ticks) move stop to breakeven. in this way, I am more confident and relax in my trading. Fakhar

dont buy these products

dont do it. if you insist to carry on then equal profit/risk. that will give you breakeven.

if you cant stick to your rules in ES then try NQ and YM. I am trading them for scalping just to reduce my risk and to get rid of emotions which play an important rule. Thanks

HI, I want to comment on your post. what do mean by giving out buy/sell signals. Is that enough that when you get a signal to buy or sell a market, you will win? No. Entry signals alone are not enough to be consistantly successful. In fact Entries play a small role. You have to work on other...

A trading plan should consist of five thing. 1. stoploss must be placed once and never move it when market approaches. 2. always risk a small protion of the account. 3. always determine risk and profit objective before executing a trade. 4. analyze past trades from time to time. 5. determine...

play online games. watch the market from time to time. do some backtesting about any new idea.

thanks for sharing the article

you should learn trading business first then trade.

Why you guys always trade without stops? Develop a strategy with stop. This is only tip for success consistantly in the markets. Thanks Fakhar

Dear Egro, You have tested them automatically. I suggest you to backtest them manually. Computer generated backtesting results should not be trusted in any method/strategy/signal. It gives you an idea but you have to study the whole chart to produce a solid conclusion. Fakhar

definitly it changed my life. I understood '' The Law of Chart'' and it is helping me a lot. anyways if you guys dont agree, i dont mind. If you are successful in your trading then dont try anything else. keep stick with it.