Forum: Rate my Software
08-12-2008, 04:07 PM
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Replies: 18
Views: 3,600
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Forum: Rate my Software
08-12-2008, 12:11 PM
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Replies: 18
Views: 3,600
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Forum: Rate my Software
08-10-2008, 05:24 PM
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Replies: 18
Views: 3,600
Absolutely... great point, outspan. I didn't...
Absolutely... great point, outspan. I didn't pick my components because they were "gamer", simply because they either had features I wanted or because I liked the price/performance ratio. The...
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Forum: Rate my Software
08-07-2008, 02:01 PM
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Replies: 18
Views: 3,600
Building a Trading Computer
Okay, reconnecting with my inner geek...
Several of you have asked me about specs for building a powerful PC. While I do not claim to be an IT expert, I did recently build a trading workstation...
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Forum: Forextown
02-26-2008, 10:00 AM
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Replies: 53
Views: 2,656
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Forum: Forextown
02-26-2008, 08:27 AM
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Replies: 53
Views: 2,656
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Forum: Forextown
02-26-2008, 08:18 AM
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Replies: 53
Views: 2,656
Wow... I wish you good luck. You'll need it. ...
Wow... I wish you good luck. You'll need it. You really cannot afford to be unlucky with such big positions (relative to your account size). You're taking the "gunslinger" approach. I just hope...
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Forum: Forextown
02-26-2008, 08:07 AM
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Replies: 53
Views: 2,656
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Forum: Forextown
02-25-2008, 03:19 PM
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Replies: 53
Views: 2,656
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Forum: Forextown
02-25-2008, 08:55 AM
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Replies: 53
Views: 2,656
Stop
You're misunderstanding what I said. Obviously you cannot just arbitrarily bring stops in tighter - the stop has to be proportionate to your time frame and to your particular trading system in order...
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Forum: Forextown
02-25-2008, 04:57 AM
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Replies: 53
Views: 2,656
Forward Testing
Some good points in that article. However I would caution against putting too much weight in back-testing. Back-testing is useful in weeding out systems that have flaws. But, when it comes to...
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Forum: Forextown
02-24-2008, 09:46 AM
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Replies: 15
Views: 1,498
Best I Know Of...
George Soros is widely acknowledged as the best ever, maintaining a lifetime average of 31% over 37 years of active trading. That's annually, by the way, not monthly.
The problem with all the...
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Forum: Forextown
02-24-2008, 09:42 AM
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Replies: 53
Views: 2,656
3%
Hi Under18,
I don't risk 3%, my maximum is 2% (meaning if I'm iffy on a position I often put on 1% or 0.5%). Yes, $30 on a $1000 account doesn't sound like much - but $1000 is not a whole lot to...
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Forum: Forextown
02-23-2008, 11:39 AM
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Replies: 15
Views: 1,498
Finding BK
We have a free chat room for traders (along with lots of other free goodies), but the powers-that-be here don't allow people to post links, even if it helps you and doesn't cost anything. Perhaps...
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Forum: Forextown
02-17-2008, 08:33 AM
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Replies: 53
Views: 2,656
Money Management 101
$1k in equity means you can use 1 mini lot if your stop is 20 pips away (2%), 2 mini lots if your stop is 10 pips away. Not a whole "lot" of flexibility. My advice would be either to trade on demo...
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Forum: Forextown
02-16-2008, 10:10 PM
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Replies: 53
Views: 2,656
Money Management 101
Hi there,
Your mistake is actually a rather common one among beginners... it is easy to get caught up in euphoria after a string of wins, only to do something really silly and give it all back to...
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Forum: Forextown
02-16-2008, 09:53 PM
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Replies: 15
Views: 1,498
Getting Good
Institutional traders do strike out on their own, quite often in fact. And the best ones in the private sector go on to manage private pools of capital.
If I were to sum up the keys to success,...
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Forum: Forextown
02-16-2008, 09:39 PM
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Replies: 9
Views: 595
Pivots & Fibs in MT4
Fibs and pivots are not the same thing, however when these levels line up, that particular support/resistance level is that much more powerful. If I'm in a trade and I see a pivot and a Fib line up...
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Forum: Rate my Software
11-13-2007, 07:06 AM
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Replies: 0
Views: 568
Watch out for hotComm / 1st Works!
I really dislike making posts such as this one, but I feel it is my duty to warn people of prowlers and abusers out there in the trading world. No doubt, if you've spent any time in trading rooms,...
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Forum: Rate my Software
09-28-2007, 07:59 AM
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Replies: 0
Views: 304
Reconfiguring Fibs in MT4
It has just come to my attention that MetaTrader 4 handles and plots fibs a bit differently than other popular platforms such as eSignal, VT Trader, TradeStation, etc.
The attached document will...
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Forum: Forextown
05-18-2007, 04:40 PM
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Replies: 53
Views: 14,334
Forex Success Stories
George Soros happens to be a personal hero. And not just because of Black Wednesday, but because of the work of the Soros Foundation and the Open Society Institute (by the way, rumor has it that he...
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