Recent content by hokid

It is difficult to determine what is a trading edge. I think follow the trend is important. Although sometimes you are in the right direction, but it may have pull back and make you stop out. And sometimes when you wait for a pull back, it may go away. Trading is not easy, I am still learning.

I trade forex, and I use notebook only. It is i3 and 2G Ram. Of course i5 or i7 are even better. And 4G Ram are better than 2G Ram. But it is enough for me, I use this for several months.

Hi, I am new in options too. What is Vega?

i think there is relationship between poker and trading, so similar.

I learn somethings new in this post, thanks.

I am a newbie in here also, I think you should virtual trade your strategies until you have confidence. If you do not have any strategy, then learn some in this forum.

keep checking your successful rate and your expected value

Exit correctly is more important than correct entries

Good idea, I learn a new thing, thanks.

successful trader is difficult to defined. I think 1) every year, number of month which is making money >number of month which is losing money 2)Average monthly income >Average monthly loss

It exists, but you should search it in different time frame, sometimes it exists in daily chart,sometimes in hourly chart, or weekly chart, counting wave is important to know wherethe market go, but different people have different counting method. Adding a moving average is easier for...

No one method is suitable to different time frames.

It is easy to use fib in single time frame, but of course there are much more complicate method that teached by the pros which I don't know. The key points of fib is the precised SL &TP are predetermined.(I hope I am correct)

I think it need more than five years... but less than ten years

Re: How Much Money Does a Trader Need to Start Trading? higher risk, higher return is true in some circumstances.