Ideas, suggestions and comments

[lagunacat]

Originally Posted by mugen

A more practical alternative would be to change your trading style to something longer term that doesn't require you to watch quotes all day while the market is active.

This is true and I have thought of this but I am a long way away before I have the knowledge, finances or confidence to be a position trader. Right now I feel more comfortable watching the market. I feel like will learn more bye watching and trading the market while it is active.

[mugen]

Understood.

[stricklyd]

Thanks guy I would like to be included on the list I have been studying for 2 months and now would like to finance a account so not sure if I'm planning to start trading with my cash yet but I will be looking at the demo for 30 days and tracking my results.
Best of luck and we'll be cheering U on my fellow Pippiser

[groovenator]

Thanks for all the ideas some I do not know about and would not feel right discussing things I have no knowledge of. it would be a waste of my time and yours but most of the mentioned subjects I can write about extensively. All the ideas everybody has given me is enough to fill 10 books.

That doesn't mean stop I still want some more ideas.

Don't forget to private message me your emails so i can mail the book out when it is completed.

[dpaterso]

Sorry - not to hijack this thread but genghisclown made this statement earlier in the thread:

One issue I've never seen explained to my satisfaction until today is stop-hunting.

I would also like to have that explained to me (very soon)!!!

Regards,

Dale.

[topgun]

Here is a good definition of stop hunting. Do not place your stops at obvious places like double or triple zero levels, or at key resistance points. Place them 5 or more pips beyond those points to keep your stops from being taken out.

Topgun

Stop Hunting

Originally Posted by dpaterso

Sorry - not to hijack this thread but genghisclown made this statement earlier in the thread:



I would also like to have that explained to me (very soon)!!!

Regards,

Dale.

[bazooko]

First I don't think it needs to be mentioned but just in case you were thinking of it. Don't give us a history lesson. There is too much info on that subject already.

I have had a hard time learning how to drawn FIBS. I know how to do them and read them it is just where to place them. I'm getting the feeling that that is just a matter of personal prefrence.

I'm also intrested in learning more about ELLIOT WAVES. They seem vary useful, but all I can find on them is 5 up 3 down, just to condence it.

My 2 biggest questions are WHAT INDICATOR TO USE FOR WHAT TIME FRAME. I have heard that stoch is no good for sideways markets, and macd is better on the shorter time frame charts. DO YOU CHANGE YOUR PRAMERITERS FOR DIFFERENT TIME CHARTS. I saw a video on youtube.com they said that with macd (just an example) in the 15 min sharts you should set your numbers to match the hours of the day (ie 12= half day, 24= 1 day, 48=2day) and the day charts should match the days (ie 5=1 week, 15=2 weeks ,30=1 month). They aslo said that you should set up your MA'S like this. 5,10,50,200 I have found to be pretty good.

Well thanks for hanging yourself out there and offering us your advise. Cant wait to see the book.

[goodman]

Hi,
Thank you for the new e-book you promised to release shortly. I think it is worthwhile. The greatest problem a newbie faces is how to manage the initial set-ups. Particularly, the stop loss issues, the entry components of,exits multiple placements. etc. I will be gratefull to also receive the e-book.

[goodman]

Originally Posted by groovenator

Hi everybody I have seen some of the posts in this forum that make me sad. I can see by questions some people ask that they will find it very hard to make money in Forex. I have been telling my self there is nothing I can do about that, some people are just destined to fail but I am fed up wit it.

Babypips is a great site with great information but trading Forex requires more than what Babypips provides. It gives you a start and it gave me my start but I had to learn more before I became successful. I love Babypips it got me started in Forex and now I think it is time to give back to the Babypips community.

For this reason I thought I should write an ebook explaining exactly how I trade. I will not charge anything for this book it is 100% free and it will have no advertising for any products or services. It is purely going to be a book taking you through what I look for and do when trading this market.

What I need from everybody here is an idea of what you want me to discuss in the book. I want to make this book for the Babypips community so it is important that I know what you want in it. So please take 2 minutes out of your time and give me some ideas of what you want me to address in this book.

Along with your reply also give me an email address (private message it if you prefer) to send the book to when it is complete. It will be done in a few weeks thank you for your time.

P.S. I can not guarantee the book will make you rich but I can guarantee it will be honest, unbiased and will only have things that really work. I will only write about things I have used.

Hi,
Thank you for the new e-book you promised to release shortly. I think it is worthwhile. The greatest problem a newbie faces is how to manage the initial set-ups. Particularly, the stop loss issues, the entry components of,exits multiple placements. etc. I will be gratefull to also receive the e-book.

[pipgod]

E-books are good Ideas.

They all work for someone, just not everyone. I have tested many trade styles from e-books. Some i have paid for and some I have not. All the trades styles worked. Some worked for these people, some worked for those people, and others worked for other people. Keep in mind some people want security and others want a large ROI.

In your e-book list as much as possible about your personality, your experience, and your lifestyle. You man add how life was when and where you grew up. Put in as much as you can. This will be very important to the people who are reading your e-book.

Post the e-book on babypips.com forum.

Expect much negative feed back from the e-book readers.

I understand that e-books help many people. Thank you for helping those who need help.