Posts by knmtechnology
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I'm sure you'll like it...Blake does a T-Chart which is a list of price points where he is looking to buy and sell. He will zero in on the weakest and strongest pairs and show you why they are weak or strong and show you where he's looking to get in. He also talks about other financial markets as well and how they influence the FX market. He got a lot of his training from Chris Lori that's why I mentioned him to you as well.
Enjoy...
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Yeah that is the right site. Chris is the other guy I spoke about who participates as well (@brasil61 on Twitter). Here is the link that you click on in the article on the left. https://www1.gotomeeting.com/register/410314968 The ad on the right of the page is for their paid service. I don't use it and never do really hear the guys talk about it that much on the webinar. Have never been spammed about subscribing to it either...
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"Naked" would be considered how the guys that run the daily webinar trade. I'm telling you these guys spend time very morning LIVE in the market analyzing charts and calling out levels for you to watch on all major currencies. Much better than any book. Here is a link... http://t.co/L4vgtc53 look about halfway down the page and you'll see a place that says click here to register. It really would be worth your time and again it is totally FREE and your under no type of obligation for anything and the guy won't spam you. The only email I get is one from GoToMeeting everyday reminding m......
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Randall, when it comes to systems, courses, gurus, webinars, books, CDs, DVDs, etc., etc., etc. I've done ALL of it. Had one of those trading courses put out by a guru. Studied it backward and forward and knew it inside and out. Installed the software on my computer that was supposed to tell me when to take the trade. I attended all of the online coaching. I LOST MONEY...LOTS OF IT!
I am now at the point of turning a consistent profit. Not a lot of money, but it is a profit. I have learned how to turn a profit for free. Let me suggest a couple of places to get you started.
First, a guy named......
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Also, maybe consider making a bit of a change to whatever programming routine figures lot size. I assume it is using the account size in some formula to calculate lot size. If that is the case, if that were to be a user input you could put 1000 in as the setting and it would figure lot sizes based on the fact that the account size was $1000. It would result in smaller lot sizes for trading and smaller winners, but it would not expose the account to such significant risk and would allow you to better protect your gains.
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I'm currently using this EA with no problems started with $800USD in January and now I'm up over 10%. My plan is to withdraw $800USD once the account reaches $1600USD (100% gain) and let it start over. Grid strategies seem to do great with small account sizes but crash once the account gets large. I feel this is due to the effect of leverage. 10 cents per pip is a lot different that 4 dollars per pip. Remember, just as leverage can work for you it can work against you just as fast.
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