Let me explain some of my rules or techniques. First off I have been reading some threads on MM and using a martingale system. I could go into this much further but no MM scheme will give any negative expectation system an edge or become profitable. You must start with a method that has an edge and then various MM methods can produce desirable or undesirable results.

Sorry about that but I wanted to get that out of the way. There are many traders that believe one must employ a stop loss. There are some traders that understand that a stop being either mental or physical has no technical merit. It is only an arbitrary way to control ones emotions from seeing your method go through ebbs and flows.

Do you think I had a stop loss when I was counting down a 6 deck shoe in blackjack and dumped 5000.00 midway with a positive count (players advantage)? Hell no. I kept on putting more Benjamin's on the betting square regardless of outcomes. I am here for the long run. I will eventually make money. An edge is an edge.

I exit not on some $ value that makes me feel warm and cozy. I exit on rules. When the long term trend is telling me to do so. I look at the colors of the longer trend to see if he/she is my friend.

I started with 5,000,000.00 in my account. I have floating losses. I love losses. They tell me I am in my trade at the right time. All my losses thus far have turned into profits. I am not even trading higher lot amounts as my account grows purposely to show how many times I can scalp profitably. This way if I can show a nice win/loss ratio I can quantify my edge.

After that I could use some "kelly" wagering based off of my account balance and edge and move up or down my lot size.

I just closed out two more trades this morning with another 60 PIPS profit. How many traders do you know trading every currency pair? I also need to trade this for a period of time to trade across various market volatility enviroments.