Share Posts by justgbp
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I am following help 35 and still not get verified on trading privileges.
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I think that I need to have trading privileges verified. right?
Thanks.
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I click "Systems" and can't find my own. Can anyone explain to me how I can get my system listed?
Thanks.
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Thanks Solar for posting.
I am reviewing my trading journal to see what my trading strength and limitations are and work on a plan to overcome my limitations, such as overtrading, revenge trading and careless trading. I think this helps me to be a better trader when I trade again.
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I was overtrading this account recently for taking more than 15 trades per day while I should take 2 or 3 trades per day. I was lucky enough to keep this account as is. However, no matter how many times luck is on my side, it only takes one unlucky day to wipe out my account if I continue to trade with luck. I must prevent it from happening.
Per my trading plan, I will stop trading once I have 10% losses or drawdown that just happened yesterday. I have to stop trading for at least one week because the 10%+ drawdown. I may start trading again next week if I feel I am readay to do so.
Aft......
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[quote]shaquille75 posted:
hey, Instaforex PAMM account is nearly wiped-out!
i joined it last week and i am down 70% today!!!!
bis scam! don't join this account at all!!
[/quote]
Can anyone explain to me what scam is? I think post fake results to potential investors should be one but this one is not. He just overtrade and lose big. Of course, no one will join this account at this time but I don't think this is scam basic on my understanding. Please correct me if I am wrong.
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I trade live with ATC and it's the best I have experienced in the past 6 years of my trading. The max slippage is less than 0.5 pips while other can be 5 pips or more. Fast execution, very tight spread as low as 0 pips for GBPUSD and great customer services, just can not name them all.
This broker is part of my winning strategies. Can not trade without ATC any more. I just love it.
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Sep 14 2010 at 21:10
[quote]OMGTrader posted:
Hi Traders,
As we all know, there are 3 important ingredient in forex trading, there are:
1- System
2- Money Management
3- Psychology
Every forums and every websites I go people always emphasis on Trading System. Not many of them are talking about their Money Management. Is there anyone here willing to share their Money Management rules?
[/quote]
1- System: You must have a winning system or your money management and psychology won't do any good for your trading. I believe most systems available or you can find from the internet are profitable if ......
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[quote]pipinvestment1 posted:
http://www.fulltime247.com/
http://www.myfxbook.com/members/Fulltime247
I have seen so many traders blow their accounts from a few miss guided trades. Forget about the Perfect statistical system.
if you are concerned about the statistics, you will inherit the HOPE and HOLD Strategy and when the market does not give you that Fibonacci retracement, you will panic... You will add to your already bad position and you will lose your money.
I've seen it, I've done it, and I've overcome it.
Now I can tell others how and why to avoid it.
[......
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