Kreslik.com - traders community since 2006

OK. Let's see if I have properly interpreted your Opportunity and Results posts.

Damn Rats took all my cheese How did the rats take yoiur cheese? Because I was busy cleaning up their poop and wasn't paying attention, of course. And they sure did get away with a lot of cheese! edit: I did manage to get the cheese away from this rat however http://kreslik.com/forums/userpix/8211_...

Damn Rats took all my cheese

Thanks! So your account size dictates and your risk % (2%, 3%, 4% etc) And the formula you provided calculates how many PIP spread on your trade. So the higher your account size the more pips you can use as a stop loss based on you risk (2%, 3% etc)? Not quite. The idea is to figure out your lot si...

I see occasional formulas that confuse me, or see people using a default value for all pairs and time frames. But different pairs are more volatile than others, and larger time frames need larger stop losses. This formula is so simple that even I understand it: (AccountSize x RISK) / StopLoss i.e. S...

http://forex.fxdd.com/category/forex-video

three times daily video news of the major pairs, and a weekend report

How Often Do You Do It? http://news.forexdistrict.com/2009/columns/how-often-do-you-do-it/ Guidelines and checklist from (so he says) a 2-5% daily profit trader. Its a good read. How Often Do You Do It? Posted on August 29, 2009. How Often Do You Do It? Is it 12-15 times a day? Or just 3-4 times a ...

Trading the 24/5 Forex Waves for Profit - article "Just like surfing the ocean waves, there is a right time of day to catch the incoming or outgoing Forex tide waves. . . . " Interesting article. Don't know how accurate, but does seem to explain why things happen at certain times of day an...

http://news.forexdistrict.com/

recommendations -- usually limit buys and limit sells on the lower right of this page

First of all, I have only recently started making money on a real account. So I was still in paper when I made posts in this thread. I don't use indicators much any more (two moving average sometimes to remind me of the daily and hourly trends in case I forget). If you look at large time frames and ...