Recent content by gurutrader1

Hi munchiedude, I must admit that you do have very good reasons there. I would just like to contribute to the discussion by following your thinking. What you did imply is that one will lose ones learning skill once using a signal generator. I disagree on that. It's actually quite the opposite...

I reckon the scaling out/in method is not a good strategy. Take scaling out for example, you enter a trade based on your judgement on the market trend, and then the market has proved otherwise, but you still keep the illusion thinking the market could reverse. I consider that as an emotional...

I can't agree more. The hedging method is amazing. Sophisticated traders even use multi hedges and cross hedges in order to reduce their risk - and that's what I'm using atm.

I can understand where you're coming from. However, you seem to be an emotional trader, not a displined trader. First of all, you've got to ask yourself - why do you trade and what do you trade for? If you just want to have some fun and not trade for the money; then I will totally agree with...

Yeah I'm using the system right now, they calculate all my profits and losses and if the overall is a gain then I pay a small proportion to them. When the overall is a loss, then they actually pay me back a small proportion as well. It's pretty straight forward, I've stopped trading my own...

I reckon the best way to trade is trading with a systematic method which can bring you profits. Handling an exit of your trade is as important as your entry point, which I find trading software do well and consistently. Try this one in indextradings.com, it's free too.