Recent content by nartec

First you need to establish your equity management rules. 1. What % of your trading account are you prepared to risk on any trade(s) - I recommend 2 - 5 % 2. How much in dollars are you comfortable to risk per lot traded - I recommend $30 - $50 max. 3. What is your risk to reward ratio - I use...

Both my short and long term view of this currency pair is dont bother. Trade the GBP/USD and -or the USD/CHF. The volume is greater and the spread, generally, is a lot less. Just my humble if somewhat biased opinion.

The platform I use and teach from is Dealbook 360 from GFTforex. It installs easily, there is a demo account, it is very easy to use and customise and the support is great. Here is the link: Forex | Forex Trading | Currency Trading | GFT Just my humble if somewhat biased opinion.

Why, if you're relatively new to trading, would you want to create your own systems? Why not find something that you are comfortable with and then let it evolve into your own system as you improve as a trader? Just my humble if somewhat biased opinion.

Equity management is your key to survival. My tips: maximum of 5% of your equity on trades at any time. Risk/reward ratio of 1:1.5. Use trendlines, support/resistance lines, fibonacci and ema's to give you direction and volume. Get a demo account with 6-12 months life and put in plenty of screen...

why not learn some and apply them to your charts yourself. There are any number of sites and forums, including this one, that will give you enough information to get started. Just my humble if somewhat biased opinion.

Check your analysis. Why are you placing your stop-loss there. Do you use trend lines, support/resistance lines, fibonacci or ema's . A combination of these will help reduce your problem. Just my humble if somewhat biased opinion.

Hi, I can't comment on T2W successes, but forex trading using patience and discipline is a very rewarding market to be involved in. I recommend you do your homework on the type of trading you prefer, fundamental or technical, get a demo account that will last 6-12 months plus then study and...

Buy this book, do the test at the front, keep the results, read the book, then do the test again. You will be surprised at the contents and the results. the book: Trading in the Zone by Mark Douglas. Just my humble if somewhat biased opinion.

The easiest method I found was several hundred hours in front of my charts, trading books, courses and forums like this. After a few years it becomes second nature and the time seems to have passed in the blink of an eye. Just my humble if somewhat biased opinion.

My rule for demo trading is double your account TWICE. That confirms to yourself both physically and mentally that you are capable of a positive performance. More analysis will give you better results and there is no replacement for screen-time. Just my humble if somewhat biased opinion

I preach double your account TWICE. That way you prove to yourself the first time wasn't a fluke. And trading is physcological warfare. Just my humble and somewhat biased opinion

A book I always recommend is Trading in the Zone by Mark Douglas. Read it, put it down, pick it up and read it again.

Are vendors not decent people? His advice seems sound to me...PS I'm a vendor that considers himself a decent person.

It seems to me your questions are predominantly due to your level of technical analysis. TA when done properly will show you where, in conjunction with your equity management, to place your stop loss. Your risk/reward, I use 1:1.5, will determine your ideal exit from the trade. Your...