Hodnotenie: Full Star Full Star Full Star Full Star Full Star
Need Trade Strategy
Predchádzajúce 1 2 3 Ďalší
Chikot

Členom od Jan 14, 2010  2189 príspevkov Chikot Nov 02 2010 at 07:11
yeah, I also go for stop loss on history. if trader makes money without stop loss, it's nothing. It is not even trading.
Check No Brainer trades on Forex Factory. It is basic support/ resistance trading and stop loss is a must.

FinanSquare

Členom od Feb 01, 2010  11 príspevkov FinanSquare Nov 03 2010 at 15:44
Yep! Completely agree with Chikot!
Trading without Stop Loss isn’t trading… it’s the “hope I’m lucky today” strategy, more like going to a casino and make a hot chick kiss the dices... It’s like playing Tennis without the net or the court lines… Simply no sense at all!

Trading it’s all about taking decisions, we take decisions based on facts not on hopes, if the price broke a support level and had retested it as a resistance the fact is that the price SHOULD drop once again... that’s the reason why we decide to sell, if the price do not drop and go bullish… then the reason is invalid and so the trade, that’s why we use a stop loss.

And for new traders, a strategy will never make you profitable… It’s like if you ask Michel Jordan for advice on choosing the right basket ball to become a NBA Star.
First things first, you need to know the rules of the game (market basics: what moves the price in Fx markets, order flow, support and resistance) then play the game following the rules.

They are a lot of strategies but they all have the same basic concept, price action.
Learn the basic concept and you will find the strategy that fits your personal psychology.
And that my friend (friends), is the big difference between the 90% of losers and the 10% of winners, 10% knows what they’re doing, 90% don’t have a clue!

wilfredoaa

Členom od Jun 07, 2010  82 príspevkov Sir. Williams (wilfredoaa) Nov 04 2010 at 17:17
Grace is the greatest thing ever!
Alanfx1

Členom od Aug 01, 2010  104 príspevkov Alanfx1 Jun 08 2011 at 21:49
The tip is there are no tips.
Study and study hard again.
If you don't know what you are doing it's very dangerous.
No matter if you win or lose when you don't know for sure why that happened, you may have lucky believing that is talent.
There are a lot of good books out there, find those that will help you become a better trader.
I love Point & Figure, ADX and ATR, that's because I know when they work and why.
My library is allways getting bigger, no matter the experience I have.
I'm always looking to the past,and to the next future 10 years at least.
All that help me trade day by day and keep me on the tracks.
Have a nice study.

Tradingboy





I Trade You Profit. Forex is suitable for smart and patient people...
myfxpt

Členom od Aug 06, 2011  281 príspevkov Gary Sharp (myfxpt) Aug 09 2011 at 21:50
I have used Ichimoku Kinko Hyo for about 18-months and it works for me. I combine IKH with Heiken Ashi and MACD, and apply to 1-hour and 4-hour timeframes. My stop-loss is set just below the Kijun Sen (uptrend) or just above (downtrend), and this trails the Kijun Sen. Exit occurs if stop-loss is hit, or Tenkan Sen crosses the Kijun Sen. Heiken Ashi colour helps time my entries, whilst MACD confirms. At first sight IKH appears complex, but it is actually a very simple method to use. Want to learn about IKH? Check the link below:

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Main_Page

Don't you just love free information of this quality?

zzzero

Členom od Jan 26, 2011  1367 príspevkov zzzero Aug 10 2011 at 06:53
i could also use a decent strategy.

thank you.

n/a
sudip02

Členom od Sep 28, 2011  16 príspevkov PA (sudip02) Sep 29 2011 at 17:22
as a new trade i am also looking for some good indicators and system too... anyone pls give me some ideas

daily_martingle

Členom od Apr 18, 2011  239 príspevkov Adolf (daily_martingle) Oct 08 2011 at 19:10
i have to say : bravo
you are holding this account with manual trading for a year now. that is not a thing that every trader could do. and you increase your balance up to 70%.
your problem now is that u have a very big DD , you should use hedge and martingale system together for avoid big DD , (if u dont using Stop losses)
when you are getting a signal from your manual strategy , instead of SL use sell stop (same Lot) in buy orders or (buy stop) instead of SL (same lot) in sell orders , to hedge your trade , in case of the market goes the opposite direction. hold trading until next signal , and increase your lot size twice , also use hedge order instead of SL. in this method you can always manage your account and avoid losses and DD.
for example take look at to my live system which uses the same thing.
 http://www.myfxbook.com/members/daily_martingle/wallstreet-real-pamm-system/141429

*** I am a human and I'm not strange of humanity ***
daily_martingle

Členom od Apr 18, 2011  239 príspevkov Adolf (daily_martingle) Oct 08 2011 at 19:14

   sudip02 posted:
   as a new trade i am also looking for some good indicators and system too... anyone pls give me some ideas


i have many systems , let me know your E-Mail address and i will send you a few good systems. its good to start with

*** I am a human and I'm not strange of humanity ***
lbeemaraj

Členom od Oct 09, 2011  1 príspevkov Loganathan Beemaraj (lbeemaraj) Oct 10 2011 at 07:33
@Bijan,

Please send it to my id too.

Predchádzajúce 1 2 3 Ďalší
Vehicle Production (YoY) (3h 2min)
New Zealand Building Permits Climb 3.5% ...(36 min ago)
EURUSD 1.34119 GBPUSD 1.69485
USDJPY 102.067 USDCAD 1.08517
FxPro
Nástroje Spoločenstvo Recenzie Platforma Spoločnosť Podpora
Ekonomický kalendár Spoločenstvo Makléri Widgety O FAQ
Forex Market Systémy EA Funkcie Blog Pomoc
Forex Volatility Most Popular Systems Poskytovatelia signálov API Twitter Kontaktujte nás
Forex Correlation Stratégie VPS Services Mobile Facebook Nahlásiť chybu!
Forex Broker Spreads Súťaže EA Programming Preklady    
Forex Broker Quotes Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Výhľad komunity Rebate Programs      
Streaming Forex News   Trading Platforms      
Forex Broker Volume          
COT Data          
Liquidity          

Mapa stránky  |   Terms & Conditions  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.