USD JPY
Trade opened at start of last week's trading and closed one day later.
Price had come into a nice support area around 96 and this was confirmed with a bounce and a higher low.
endorfinus' fx options analysis really gave me some extra courage and confirmation for this trade and I thank...
Hi esosa,
The math is not that hard and if you have excel or similar you can set up your own calc, buttt
A no-brainer way I use to calculate lot size is by using a free calculator on the web. Does it in seconds, but not for commodities, just forex...
Here's another one I like.
“Lack of success can be attributed to one of two things:
You don’t know what to do, or you know what to do and you’re not doing it.”
Rob Liano
Just a place to share quotes about life / trading that you like.
"In trading as in life be sensitive to the subtle differences between
‘intuition’
and
‘into wishing’"
Ed Seykota
Excellent, really appreciate your comments here. You are dead right about hero traders.
I used to be on this private forex website where the head trader always showed his amazing equity curve and everybody thought he was the hero trader, hardly ever losing. It was only when I became a trader...
Hi,
I think about this statement a lot. I mean I hear it all the time.
Just would like to garner some different opinions on what this commonly used statement means to other traders.
I guess to some it would mean, set your percentage risk per trade and if you get stopped out. so be it and you...