you are of course right but u wont get much sense out of that paticular member
How long have you been trading, TS? 6 weeks?
Don't make me prove you wrong, TS.
you are of course right but u wont get much sense out of that paticular member
I assumed most technical analysis was heavily based on mathematics.
Guess i'm mistaken.
I do however get the idea that traders should be sharp, and mathematical.
But i only get told that because i'm planning to work in a bank as a trader.
TA is about maths but you don't have to know that much maths thanks to computers. Just use the graphs and understand what the graphs are telling you.
TA is about maths but you don't have to know that much maths thanks to computers. Just use the graphs and understand what the graphs are telling you.
How long have you been trading, TS? 6 weeks?
Don't make me prove you wrong, TS.
20% on a single trade is far too much for me. Just trading at 2% per trade. Need to protect my capital and I'm not a big gambler.ive been trading for 15 weeks and the last 3 have been profitable mainly because i only trade 20% of my account on any single trade
When people say they risk a certain percentage, in this case, 20%, does it mean, they are using a stop-loss of 20%?
Meaning on a £1 stake, out of a total £10,000, they put a stop-loss on £2000? i.e. 2000 point stop?
ive been trading for 15 weeks and the last 3 have been profitable mainly because i only trade 20% of my account on any single trade
Thanks for all the help guys.
I'm starting to employ some strategy into my trading, and hopefully, in due course, i will grow to become a disciplined trader.
I would like to ask though, how frequent is it that all the City traders would actually follow simple uptrends and downtrends like normal traders?
To make myself clear. If i identify an uptrend or speculate what would be an uptrend, what is the likelihood that this trend does in fact follow through, keeping in consideration that Professional traders have other methods to go about this trend.
I'm thinking if there is a trend, i will hitch a ride.
But what are the chances that this trend is not actually the simple uptrend that i would it would turn out to be?
Do experienced traders use other methods to tackle this trend, or does everyone just follow through with it, and play along this trend?