Recent content by Rasi

Thank you very much for your reply. You have some excellent suggestions. As for my stop losses, they are calculated automatically by the fomula I developed (I use Excel). They tend to range from 15 - 40. However, I have learnt from experience that when the stop losses were lower than 20 they...

Sorry, I disagree with the above. Protection and preservation of capital is a fundamental aspect of trading. You cannot be cavalier about it (otherwise you are gambling not trading). Secondly, trading should be treated as a business/profession rather than a mere passtime. As in most business...

Hi Clark, Fellow newbie here. I suffered similar issues when I started trading as well but I think my emotions are under check now:). I have devised an Excel spreadsheet with all the rules I have developed which I complete before I place a trade. This practice has given me greater control over...

Hello All, My first post :innocent:. I have been lurking for a while reading and learning about trading from experienced professionals in this great forum. I want to become a successful trader in forex. I have been using a demo account for the last eight months developing my strategies and; to...