Recent content by jdubya

Apreciate the advise. Thanks.

Noted. Thanks.

Hi Rawrschach. The 26 stop 39 point target was based on money management tactics. This keeps profits at 1.5 x losses so if I get anywhere near a 50% success rate I will make money. Plus a run of 26 point losses would not be too pianful psycologically so I would be less likely to give up after a...

Thanks N. That sounds like sensible advice. Will definitely read up on Lance Beggs to help refine my S & R technique.

On the UK rolling daily contract the spread is just 1 point. I think that's the same for demo and live accounts. On crude oil there is a 5 point spread so slippage is more of an issue there. I can work out how much of an issue slippage will be quite easily, what I was more unsure of was...

Thanks. Makes sense.

Hi, I am currently developing my trading plan whilst trading on a capitalspreads demo account. Hoping to prove to myself that I can generate some consistent profitability before going live with real bets. I would like to share a rough outline of my plan and would appreciate any constructive...