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59 Posts Total by "trading":
57 Posts by member
Trading
(LONDON, United Kingdom)
2 Posts by Anonymous "trading":
123456
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 21, 2011 14:53
In Thread: EUR
An input error cannot trigger a 200pip drop.
All the bids in the pair would have to be traded at various different prices.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 21, 2011 7:53
In Thread: EUR
"Ive had 25 calls in oil in my service. 14 hit all limits and 11 stopped out, for 0.56%."
Do you have stats for all your trades?
Looking at that I do not think I will take any more WTI trades as with a RR of 1:1 it is pretty close.
If it was 1:2 then it would be worthwhile.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 20, 2011 18:40
In Thread: EUR
BTW, EJ still says limit 103.80-104 in Monday's article.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 20, 2011 17:31
In Thread: EUR
EJ did not hit all limits: for limit between 103.80-104.00 - hit 103.97 overnight.
He has 1 euro trade profitable but I doubt anyone took it since by the time the webpage was out, it had already moved 30pips.
Since that issue the 2 euro shorts were stopped plus other trades.
Current trades are in profit but last 2 weeks were break even trading.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 20, 2011 17:24
In Thread: EUR
Perhaps AL issues too many trades.
His success record on WTI fir example in the last 3 weeks is something like 4 losses, 1 win.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 20, 2011 10:51
In Thread: EUR
AL now stopped out of SNP short.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 20, 2011 10:36
In Thread: EUR
I can only go on what has happened in the last 2 weeks but it seems with so many trades issued an an average RR on each trade of 1:1 that it's very likely - I do not have accurate tracking stats.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 20, 2011 8:57
In Thread: EUR
Al stopped on 2 euro trades, oil, and gold.
profitable trades:stop outs still 50:50
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 19, 2011 8:07
In Thread: EUR
"I use a RANGE for entries and limits in order to clarify to readers the RANGE in which it is OK to get in. Giving ONE SINGLE price for getting in is unrealistic. If say you got in with a LONG at the LOWER end, then it makes sense to use the HIGHER end of the limit for your target. If you saw the trades at a time when the price was at the MIDPOINT, then it makes sense to use the midpoint (or higher) as the limit. You could also ADD MORE LOTS into the higher entries for higher limits. "

Also, make sure your RR is at least 1:1.
On many trades ir you enter a long at the higher end of the entry range, but target the higher end of the limit range, you will find the stop loss will be more than your potential profit.
Ideally, make RR > 1:1
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 17, 2011 10:20
In Thread: EUR
Limit means take profit, stop means close trade at loss.
You do however also use a limit to enter the trade, they are just types of orders.
Here:http://www.learnmoney.co.uk/spread-betting/orders-1.html
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