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Bravochico
watch this video. can be interesting
em
Negociantes Experientes
Dec 25, 2011 at 07:33
Symptoms,1. The need to be right more than wrong on trades in a non market maker environment2. Gains and losses are basically the same3. 10 or 20 pips average profit versus 150 pip average daily range4. Winning trade duration close to lossing trade durationsDiagnosis,Trading as much or more to gamble versus making money. The only traders that make money exhibiting 1-4 above are dealers who actually see order flow from their clients. Especially the big guys. GS makes money on 90% of days because they see the order flow. Don't take my word for it, look at their earnings reports. They never l...
watch this video. can be interesting
em
Negociantes Experientes
Dec 24, 2011 at 09:57
The pattern with most forex traders is scalping for a few pips, high percentage of winning trades, and your average profit about the same as your average loss. Most of these strategies are curve fitted or degrade within a year or two.I trade the exact opposite. Lose on 50% of trades, break-even on 25% and win on 25%. Average win / avg loss is 4$ and hold trades for sometimes a few days.My impression is that most cash forex traders do it as much for the money as they do to get off on gambling.
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