Recent content by krosfyah

If i open a trading account with £1000 and trade 1p/point, and then move up to 50p/point (which i can through Finspreads SB account), won't that go some way to prolong my "longevity" even if i hit a to-be-expected, losing streak initially? Thanks all for the inputs so far, im loving the discussion.

Hi Crap Buddhist, that's an interesting means to figure out the direction i should take but what the heck. I'm probably similar to #3 apart from the crossdressing.

Charlton many thanks for taking the time to help me understand more and help me on my way, i very much appreciate it. I will look into your recommended reading, and continue to go through and digest the stickies in the First Steps forum.

Thanks TWI, just off to read up on it now!

Before i start, here is my background info: 1 - start up capital = £1000 - i want to get into this as a hobby, to see if i can succeed, not as a means to "get rich quick" 2 - willing to lose 2% per trade. I know this is high with the usual "expose to 1% of capital" idea, but 1% of £1000 isn't...

Thanks and excuse my lack of knowledge - but what is an ATR? Also can you please clarify what you mean by this: "to ensure they are appropriate for the current price action." Thanks friends!

Hi, i'm new here, and i'm sure this has been discussed many times on here but i have done a search and can't find any posts (probably because i'm searching on the wrong/inaccurate search terms). I want to understand the in's and out's of how much "swing" you build in when setting a stop loss...