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- RexTexas replied May 16, 2015
How do you see the importance of risk management? I once saw a presentation of some guy who took random entries and only made money by management risk and trades in a specific way. Is it true that by adequate risk management alone, one can become a ...
What helped you the most to be profitable?
- RexTexas replied May 16, 2015
I paid for a beginners course and I do not regret it. I am not profitable yet, but I learned a lot about the basics (money management, risk, position sizing, using different tools and so on). Of course, I could have learned that by myself as well ...
No One Should Ever Pay For A Beginner Course
- RexTexas replied May 13, 2015
I read about traders who use 2Day or 2hours and 3hours charts which I couldn't find on my trading platform though. Does anyone of you have experience with that? Why is the 4H chart so popular and a 2H is not? Rex
What chart do you use? (M1, M5, M15) Does it make a difference?
- RexTexas replied May 13, 2015
Hi, I have a very noobie question but I really would like some input. Why does the majority say leverage is bad? I mean, it does not change the game itself, does it? It just means that people with less capital can start trading?! If you just reduce ...
Leverage question
- RexTexas replied May 13, 2015
Hi Exodus and thank you for the welcome. Star Wars day was more or less a coincidence
Stop Loss Placement - Adapt to Market Changes?I am not put off easily and, yes, I noticed the tone of the forum which is fine though
Looking forward to kickstart my trading here! Rex
- RexTexas replied May 13, 2015
Thanks for the reply. I just got Snapseed and will play around with it. Are you a technical trader? I'd really be interested to learn more about the way you trade and which rules and concepts you follow. Rex
Another Day, Another Chair, Another Day in the Office
- RexTexas replied May 7, 2015
I am interested in the trailing stop method. I recently read that you can also use it in combination with volatility indicators and the ATR and even make a better trailing stop. Does anyone have experience with that?
What is a Trailing Stop?
- RexTexas replied May 7, 2015
Hello Mike, thank you for your welcome. I really enjoy the thread and the ideas discussed here. Your answer makes perfect sense. I jotted it down and will keep it in mind when I select and scan the pairs that I trade. I noticed the big gapping on ...
james16 Chart Thread
- RexTexas replied May 6, 2015
Hello, I am new to price action and read some parts of this thread with great interest. I have a question and would like to know what your experiences are. Forex pairs are traded by different traders with different mindsets and techniques. Are ...
james16 Chart Thread
- RexTexas replied May 6, 2015
Recently I started noticing that the price behavior in first hour after the open (european, London, New York, Asian) seems to follow similar patterns. But this is different for some pairs. GBP/JPY is really strong on the London open and the EURUSD ...
Best & worst times to trade
- RexTexas replied May 4, 2015
Great photos and wonderful thread. If you would share a bit about your way of trading, that would be much appreciated. I am sure that more people following your thread who would love to know more. btw, which camera and software are you using for ...
Another Day, Another Chair, Another Day in the Office
- RexTexas replied May 4, 2015
I have tried both, long and short term trading and that I am having bigger problems on the daily timeframe since I am more tempted to screw up my trades by reacting to ever single pip movement. I bookmarked the PipsEasy thread. Looks very ...
Anybody have a good long term trading strategy?
- RexTexas replied May 4, 2015
This sounds really interesting...do you have a thread where you wrote more on this topic? I started experimenting with ATR based stops recently. btw, after quietly reading for a long time, I finally signed up here
Stop Loss Placement - Adapt to Market Changes?