- Search Forex Factory
- 41 Results (3 Threads, 38 Replies)
- RedWingFan replied Apr 1, 2018
Avoiding Group Think and adding Creativity to your trading. In my opinion, two of the greatest things to happen to trading in the last 10 years is Youtube and Twitter. With both Youtube and Twitter you can have access to some great information that ...
Quantitative Trading Journal
- RedWingFan replied Mar 31, 2018
I believe that the best way to develop a workable system that is effective, consistent and profitable is to have a Belief (Philosophy) or a Tag Line to work off of. For example mine is "There is a battle between Momentum and Mean Revision" So every ...
Quantitative Trading Journal
- RedWingFan replied Mar 30, 2018
It is interesting to read here most of the talk is about protecting the poor retail investor and how this is great or this is bad but my twitter feed (of very smart pro traders) is talking that this is all about the amount of capital a retail forex ...
Breaking: ESMA finalizes new rules to govern leveraged trading
- RedWingFan replied Mar 28, 2018
@TicTocTick Bad traders place trades and feel anxiety. Good traders place trades and feel good. Great traders place trades and feel nothing Read in my twitter feed today from @TicTocTick This is my goal. Cannot have this feeling unless you have ...
Quantitative Trading Journal
- RedWingFan replied Mar 28, 2018
Appreciate you setting me straight
Breaking: ESMA finalizes new rules to govern leveraged trading
- RedWingFan replied Mar 28, 2018
I totally agree. I use 50/1 but a move to 30/1 would not impact me at all.
Breaking: ESMA finalizes new rules to govern leveraged trading
- RedWingFan replied Mar 25, 2018
Maybe I'm reading this wrong but there are many examples of price cracking and showing weakness well before bad news. And the opposite where a rebound starts to happen before real news starts to find its way to the news outlets. And I'm referencing ...
Fundamental Trading Always beats Technical Trading 100%
- RedWingFan replied Mar 25, 2018
Too often traders have a goal of letting winners ride to hit that big pay day. Sometimes just setting a PIP gain goal and once it is hit, take that profit is better. (or letting a trailing stop loss take you out) I would think that most people, who ...
Making small gains each day + losing it all in 1 day
- RedWingFan replied Mar 24, 2018
I look at my portfolio (and potential portfolio holdings ---14 total) as a battle between momentum and mean revision. I think we are talking the same thing but measuring both is important. I always want to know if mean revision is working or is ...
Why members share strategies?
- RedWingFan replied Mar 24, 2018
What I worked on this week and some random thoughts This week I worked on trying to figure out some very short term predictability in my model 2 in order to enter some short term trades. (My average hold time for Model #2 is 33 hours currently) I ...
Quantitative Trading Journal
- RedWingFan replied Mar 24, 2018
You are spot on Hudithepfupf Retail forex prays on everyone. But I would sh*t a brick if it went away so I guess I need them to stay in business with their current business model. Watch the two videos with a sports bookie in mind. Think of yourself ...
Forex - A negative sum game for losers
- RedWingFan replied Mar 24, 2018
Crowded trades rarely work for the long-term. If you have a profitable system, you're better off not sharing it or you'll risk failure. Top proprietary trading firms go to great lengths to protect the secret sauce. The example I think of most is a ...
Why members share strategies?
- RedWingFan replied Mar 17, 2018
As I work on analyzing how my Model 2 interacts with Model 1, I wanted to put together a couple things that have to do with risk and time. These 2 images are information from Model #2 which is guided by Model #1 Image on the left shows how many new ...
Quantitative Trading Journal
- RedWingFan replied Mar 10, 2018
url I am going to cover in this journal entry the reasons I believe it is important to have strict rules for trading and also I'm going to cover trading your equity curve. The link is to a Futures Magazine article about trading your equity curve ...
Quantitative Trading Journal
- RedWingFan replied Mar 9, 2018
I wanted to share real quick my favorite chart that helps me sleep at night. It has to do with losses. Losses over a day/week/month are to be expected. Everyone has losses but not all losing streaks are created equal. Too many traders adjust their ...
Quantitative Trading Journal
- Quantitative Trading JournalStarted Mar 9, 2018|Trading Journals|7 replies
I am a long time lurker of forexfactory.com but finally took the plunge to create an account and ...
- RedWingFan replied Mar 8, 2018
My dad was a huge Roy Orbison fan. What a voice.
What kind of music you hear while you trade?
- RedWingFan replied Mar 8, 2018
Agree with everyone saying that price action is the key to entry and exits. I do not trade with charts but along the same lines as most of the responses here, my spreadsheets are set up with higher price points and lower price points in mind. (I ...
What Is Best Indicator For Getting OUT of Trade?
- RedWingFan replied Mar 6, 2018
Trading with charts was extremely hard for me. That was where I spent about 7 years of my life focusing on. It has been said by many people before me but it has always stuck in my mind that if trading raises your adrenaline, blood pressure and ...
Is trading really that hard?
- RedWingFan replied Mar 3, 2018
Exactly. Even if you have your methods/rules/system figured out, you still need to try to improve. Even going through the process of researching and testing different systems will hone your skills better and give you ideas for your current system. ...
How did you find success?