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Old 12-19-2007, 09:39 PM
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Fulltime247 Fulltime247 is offline
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jimven you're funny.

If i didnt have a winning system (thats so far ahead it will prob NEVER be net negative) I might believe your crap. forex IS beatable but you have to get your numbers right.

most people simply take profits too soon and let losses run too long. if youre average winning trade is $200 why would you allow a loss of $500? I admit that i trade by EA so my strategy gets executed exactly as i wish without my emotions messing things up. MT4 doesnt fully equalize the tilted brokers table but there are enuff tools in it to give you at least a winning chance. like Prego 'Its in there'.

since in Forex you CAN win and you WILL lose, any real strategy should focus on proper exit MORE than entry since winners can turn to losers at the last second. Use TP targets that are statistically high % hit targets and SL that leave you cash on the table for your next educated guess. Never give the Forex the ability to wipe you out CAUSE IT WILL EVERY TIME!!
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