Recent content by gognen

I will off course, GOD BLESS ME first!

Very good advice! Thanks

Well, I have read this many times as I said, but I need details how do you explain that $200 is not enough. It is nothing that matters to force me to a decision if it is good or bad to make the start. I already made the decision. It is only for discussion purposes or I will have to find it...

1. I totally agree on this. You recognized my psychology. Thumbs up. 2. At least on my demo trading I am keeping myself disciplined and not rushing for quick profits. For example, this 2% daily is my ultimate rule. No more, no less. Losses are integrated component in my trades and sometimes...

Hello traders, I have a question directed to experienced traders, but not to get answer from people who have still trading on a demo account and their opinion. I apologize if this sounds rude, but I guess you will understand that I need advice from someone already experienced in this business...

Variable spread, 0.3-1.9 on EUR/USD. Any advice on good brokerage with smooth scalping possibility?

Hi, I am demo trading over 1 year till now and still doing good on a scalping system that brings me an average of 20 pips (0.00200) daily. This strategy made me profits of almost $45000 yearly. What do you think when I turn live trading with this scalping method (working on a 5M-15M chart and...

It is a process of hedging by opening a selling and buying position at the same time on the same pair. For example, I buy and sell EURUSD at the same time.

Hi to all, I don't know if I am writing on the correct forum's section, please excuse me if I did wrong (to moderators and admin), I want to give some alpha testing Money Management workbook made in Excel. Know that the formulas are password protected (my reasons why), I am planning to...

As for the variable spreads, almost every broker is offering variable spreads between 0.5 and 1.9 pips. I have the beliefs that ducascopy is offering ECN and that for just 500$ minimum. I was demo trading for 30 days with their platform and could see the volumes traded at a given time. Plus, the...

What do you think about brokers that offer ECN service on Metatrader 4? Is it possible, or they are typical bucketshops? I've checked few brokers that offer ECN demo trading on MT4, but I never found level 2 integrated in its platform.

This spike brought me 33 pips of profit on GBP/USD. I used fib expansion at 1.5654 today at 14:00 to measure the T/P line and it reached near the 161.8 zone. Now the market is hesitating or to say resting. I am after retracement now and expect the price to fall at 1.5834.

Waiting to see what will happen

Hmm, I think hedging might not blow one's account, but might be good in long term trading. I have maths that prove some theories. Besides you have to be in front of your monitor very frequently even on long 'journeys'. Basically costs will be the difference between slippage, spread and/or...

Hi, I would like to ask for opinions by real traders, what are the consequences with grid trading?