Posts by myfxpt
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Eur/Yen 6th Feb In Experienced Traders Feb 06 2013 at 21:18
I don't spend a lot of time below H4 charts, but anyway you look at the Yen pairs right now, shorting the Yen seems the most logical position to take. My long-term price projection on the USDJPY is around the 111.00 mark.
fpa vs instaforex In General Feb 06 2013 at 21:08
[quote]Financialarts posted: Do you research, Before trusting a broker completely, only get in with them with a small deposit. Never take welcome bonusses. Which cause the most reasons for discussion. (And try not to scalp to much.)[/quote] Agree totally!
Comments welcome In General Feb 06 2013 at 20:55
[quote]Splexin posted: The first system is incredibly deceptive using Custom Analysis. Go check "All" for the dates to see what they are hiding. Negative 48.5% gain and 84% drawdown. Or even use 01/2010 as starting point. Losing system. They have nice gains December 2012-present but their balance could be just a couple dollars. Anybody can tweak their results by adjusting starting/ending dates. Hiding balances also leaves out the capital perspective. As for the other systems, 14% gain in 2 years isn't all that could almost do better just investing the S&P. And want......
[quote]pietpip posted: Stop searching for answers and trade because you love it and be dynamic, and dont look at my profile because i still suck at it but i know i will be dynamic and profitable in the end because i love trading. Maybe the answer to your question is " The successful trader is the trader that loves trading more than life itself". Good trading[/quote] That works for me! [cool]
UK MM. In Experienced Traders Feb 03 2013 at 21:20
[quote]jad42 posted: [quote]Mars30 posted: it is a simple legal way. since accounts opened UK citizens should follow the the FSA regulations. and it is not always convenient. here are easier conditions for trade. You can easily open a PAMM account at the same Alpari NZ, or anywhere else! Regards, Mars![/quote] Marrs, I have been told that If the Investors are Based in the UK, it doesn't matter where in the world I am, I still need to be FSA regulated ?, this is by a regulated UK broker ? Cheers Ja[/quote] That's right! Just like in Australia, New Zealand, USA, Japan, and other jurisdictio......
Thinkforex or Alpari-US In New Traders Feb 03 2013 at 21:02
Pepperstone, Hot Forex, and Forex4You.
[quote]elerik posted: This is very risky strategy. Scale in/ Scale out strategy in other words. But may be you have good tactic signal for "get in" and could be good. If you are in positive resault. But keep in mind that in negative it is quick hard death of your account, your mind, your calm will be flush, your eyes will stop see reality and you will make more mistakes than you think. One day trend will stop, and at this moment you have to stay with feet on ground. Than next month you can consistantly loss becouse everathing can stop work. Than next month you can be back in ride......
[quote]mylin_m19 posted: I trade on breakout patterns and normally hold on to my trades until the pattern is broken.. thats it, very simple strategy.. [/quote] Keep doing what you've been doing. Your fear of loss is preventing you from future gains, and I suspect this is because you might not have a clear money management plan. A sensible stop-loss and trailing-stop strategy will give you the confidence of knowing potential losses "before" you enter a trade, plus help you secure breakeven and systematically lock-in accrued profit as a trade progresses.
Is that it? Is that your come back? Talk about LOL
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