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Everyone has their own style and their own way of making cash. So all is good advise... I am not being critics of anyones methods. -- My feeling is if you cant make a profit on a 30% win rate -- your money managment is poor and I am not sure how you will make it in this game. I am sure some are; but I never did for at almost 3 years and counting when I venture into the 5-15 mn autoscalping stuff. The lower TF are so tempting and draw you in. -- You see a big move and Whammo! you fall in love with the action -- but after getting your head beat in a thousand times you realize for everyone one of those moves.. .There is about 5 chops your gonna need to survive through that indicators probably wont make it... .It takes a special person to leave em alone. After 4 years, I am the same as crazy bunny when it comes to analysis. -- Tell me what is going to happen --- not what did happen! Trading isnt a monday morning quarterback activity. As far as metrader, I think all brokers play against you with the exception of a very few. I know fxcm will and they are not metatrader. On the other hand, Interbank will and they are metatrader. Also, I hope your not doing this stuff for a living. Up until about a year ago, I would have been living under a bridge had I went out on my own. It takes a lot of thinking, a lot of work, a lot of dead ends and a lot of patience to come up with a system. I spent months studying neely, rashke, gartley, brown, eliot, mark douglas, rhagbee, Systems like wolf waves, 8/8, cat 50, John murphy, woodies wonders, pivot points, vanessa, bunny, turtle, vegas etc Sites like fx boot camp, fff, cci, babypips, tsd any thing.. Ea's and programming time. Anything and everything for the war effort has go to be your motto! Most of this stuff is bullcrap -- but there are nuggets... and like a salesman does.. (I am a acct/financial mgr by trade), you turn over rocks until you find a gold piece!
Last edited by ajk; 01-27-2008 at 04:26 PM.
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