everyonerich
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depend on what timeframe youre looking, in my opinion correlation doesnt mean anything in small timeframe thou..
hmmm... not a single reply!!!
I am told that the correlation did not work today, cos a big correction on the EUR
and also the profit taking on the EURGBP
After the crazy moves, the correlation was back!
will appreciate any other input
Hi
I have been position trading country ETFs (eg QQQQ, EWZ) for a few years (with mixed results I might add!) but I notice on T2W that there seems to be much more discussion about FOREX than stocks. Is this a FOREX biassed site? Alex Eder mentions that forex can be difficult to follow from a single time zone because it is traded 24hrs a day. Any comments on that?
Could someone point me to a thread which discusses the pros and cons of forex, options, stocks and futures (if there is one)?
Many thanks
This new sticky thread is targeted to all new members and existing members who are making their first posts.
In this thread, feel free to ask ANY question relating to trading, however simple you think it is. Our forum advisors and more senior members will be happy to answer them for you! :smart:
:!: If you think your question requires more than a quick reply, it's best to create a new thread in the appropriate forum, so that a discussion about it can develop.
Which instrument do you want to trade?
stocks? indices? forex?
Go with one that fits your trading capital and risk appetite.
and then stick to it as you will get no where chopping and changing.
hope this helps!
Hi I'm Rob. I am demo trading on Oanda right now. I have adjusted my fake capital to reflect what I am going to be live trading with in a few months, about 1500 USD. I am trading what is essentially the 3 ducks system which i have been succesful with and I am, more importantly, confident and comfortable using. 🙂
Anyway, here's my question. If someone says you should only risk 1-3% of capital, what exactly do they mean? Does that mean if the trade runs against me I should only allow myself to lose a certain dollar amount (i.e. 15$ if I am trading with 1500$) before I close the trade? That being said and if I am understanding the concept correctly, how do i choose how large my positions should be to make this concept work for me?
Thanks, I expect immediate, articulate, and profitable feedback! Just kidding, I fully expect to be ignored.
~ramrob
This new sticky thread is targeted to all new members and existing members who are making their first posts.
In this thread, feel free to ask ANY question relating to trading, however simple you think it is. Our forum advisors and more senior members will be happy to answer them for you! :smart:
:!: If you think your question requires more than a quick reply, it's best to create a new thread in the appropriate forum, so that a discussion about it can develop.
This new sticky thread is targeted to all new members and existing members who are making their first posts.
In this thread, feel free to ask ANY question relating to trading, however simple you think it is. Our forum advisors and more senior members will be happy to answer them for you! :smart:
:!: If you think your question requires more than a quick reply, it's best to create a new thread in the appropriate forum, so that a discussion about it can develop.
This new sticky thread is targeted to all new members and existing members who are making their first posts.
In this thread, feel free to ask ANY question relating to trading, however simple you think it is. Our forum advisors and more senior members will be happy to answer them for you! :smart:
:!: If you think your question requires more than a quick reply, it's best to create a new thread in the appropriate forum, so that a discussion about it can develop.
[/QUOTE]the speaker, and the lead guy among a group of staff were both ministers [!]
hi
i am trading on simulator.capitalspreads.com at present trade (dow,ftse,dax ) placing trades on bellow or above support & ressistant levels on the day before, ftse , dax looking for gain 10 points :clap: and placing stop loss of 30 points😈 & dow 25 gain :clap:& 50 points stop loss 😡any comments , sugestions please feel free:idea:
thanks