moonstar, if you're still with it..I mean us...Your arithmetic is dead on, and I fully recommend going for
nanolots.
As for why residents of BC aren't allowed to trade with many forex traders, it's because of the massive number of winning lawsuits against forex brokers.
You see, shrooms are far too cheap in BC and so a simple blood test can prove in court that a broker didn't do their due diligence in ascertaining the ability of the BC resident to be aware of the risk of forex trading and thus be culpable for their losses, as the quantity of hallucinogens found in their bloodstream can easily prove that they are unfit for tying their own shoelaces. This has led to a large movement of brokers to disassociate themselves with the entire province, and basically viewing its residents as a liability that they just don't need to add to their bottom lines.
As for branman, your advice for finding three or four reasons before entering a trade is excellent.
One point I've found the hard way is that if you take the probabilities on their own, and the risk to yield ratio at the same time (risk, say ½ to one third of your anticipated profit as your
stop loss and erm...your anticipated profit where you..um...anticipate it..um..hitting) the more often you make a bet, the more often you'll make money.
The fact is, trends do account for something, and that's why it's better to say that risk management and planned trades and knowledge from research (technicals and fundamentals) are the only way that the probabilities work out.
If you only rely on probability (which is only supposed to show itself to be indubitable when tested a huge number of times, like ten thousand, or hundreds of thousands, or more), it's quite similar to superstition.
01-15-2010, 08:58 PM
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