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- M.A.C.Doug replied Jun 29, 2017
Excellent risk management techniques, I like the multiple account idea and I have incorporated this idea
- M.A.C.Doug commented Jun 27, 2017
its risk appetite. things are good = sell dollar. The fact that rates are rising in the US and Draghi indicates an improved outlook means sell safe haven USD for risk assets like shares. commodities and other currencies as needed for those ...
- M.A.C.Doug replied Mar 19, 2017
The one takeaway I got from market wizards is most of the traders reduce their trade size when losing and increase it when they are back in the zone. If trading is indeed psychological then performance is dependant on the individuals mind set at any ...
- M.A.C.Doug replied Dec 1, 2016
Nevermind, see above post
- M.A.C.Doug replied Dec 1, 2016
no, the bitch still has most of that. Given that I started that account with 10K over 10 years ago and I started this account with 1k two months ago, the chances of me getting my 20k back are pretty slim. Don't worry, If it ever happens Ill be ...
- M.A.C.Doug replied Dec 1, 2016
Made it into the top 20 most profitable for the month on FF. It was a very tradable market with USD up trending the whole month plus the election surprise which provided an excellent buying opportunity for quick returns. Even if the USD/JPY trend ...
- M.A.C.Doug replied Nov 29, 2016
Can anyone recommend a high paying IB for this broker? Thanks
- M.A.C.Doug replied Nov 29, 2016
Somedays are better than others. It is very easy to remain calm when the trading day goes like this one. The challenge is, to have the same peaceful, calm mindset when things aren't going as smooth.
- M.A.C.Doug replied Nov 27, 2016
I say the opposite. beating the spread is easy to do but only if you have the right mindset and that takes years of work to achieve. Im not interested in arguing the point but I do find it most interesting that completely opposite beliefs are held ...
- M.A.C.Doug replied Nov 27, 2016
Ni hao wentao I too did 7 years of hell I agree with everything you have said. Very good thread, thank you for sharing. Your position sizing advice will be helpful to anyone who is going through the hell currently I too sometimes use stop losses and ...
- M.A.C.Doug commented Nov 14, 2016
She thought it was a sure thing, she now knows what a "black swan" is
- M.A.C.Doug replied Oct 5, 2016
I dont post my trades much cause it is pointless but Im making an exception with this one. Yesterday gold had its biggest single day drop in three years and I managed to capture the entire move. This is a spectacular trade but very rare for me so I ...
- M.A.C.Doug replied Sep 27, 2016
anyone got ideas for fundamental drivers for the steep drop currently underway? Presidential debate?
- M.A.C.Doug replied Aug 31, 2016
DMM closed up shop in Australia so I found myself in the market for a new broker again. I opted for pepperstone. They have the execution speed, lots of instruments including commodities, energy and indices and are based in Australia. With a ...
- M.A.C.Doug replied Mar 21, 2016
None of the brokers you listed are have lower trading cost than IC markets. The only one I have found is DMM, a market maker with fixed spread on USD/JPY of 0.5 and 0.7 on EUR/USD and AUD/USD with no commission.
- M.A.C.Doug replied Feb 24, 2016
Thanks, I never really went away just haven't got much to say these days. Thats an old post, ill never go back. CMC weren't too bad during liquid times but I like to trade in quiet times and there spread was too wide. I don't have a live account ...
- M.A.C.Doug replied Dec 28, 2015
ps thats how we click "like" here.
- M.A.C.Doug replied Dec 28, 2015
bought Eur/Usd at 1.0970. Target 1.10 stop 1.09 40 Its the third attempt to break the 1.10 resistance level. The market is 60% short. I believe many stops are placed above the 1.10 H&S resistance and that market makers will be targeting this level ...
- M.A.C.Doug replied Dec 27, 2015
You have a very smart wife. Ask her what would be the best and fastest way to earn money and retire early and direct all you energy towards that goal together.
- M.A.C.Doug replied Dec 3, 2015
Another winner, Im having a good week up 110 pips and 4%