I trade full time. I believe being successful in long run depends on having discipline and focus on what you are doing.
I am open to questions and comments. Fell free to send then. I’ll answer every question I receive.
FACT: Never risk more than 1-3% of your account size on a single trade or you will get creamed sooner or later.
March 1, 2008 at 01:38 |
Hi,
are you the same guy providing trading signals for the fxcm system selector platform and if so how is it you have had such a great run for February? Good Luck, Ian
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Ian,
That’s me. I only mirror my trades on my real account there (although it has only 8 pairs, so there might be some differences). I try to keep my losses low and let the profits run. It is my secret. Thanks for the comment.
Mayor of Pipsopolis
March 20, 2008 at 12:23 |
Hi,
your systems on FXCM, what stop losses are used for them?
thanks
Ian
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Ian,
I use two kinds of stops. One is the hard stop and the other is the one which is most of the times executed. For example on a breakout of previous high, my hard stop is below the moving average I use, but as soon as the pair closed below the broken resistance, I cut my losses and wait for a new opportunity.
Mayor of Pipsopolis
October 17, 2008 at 01:17 |
like one my friend said: it’s a marathon not a sprint
you know mate, I use this kind philosophy too
btw, may I put your blog at my blogroll? u can put my blog at yours
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Bentoet,
What a nice comparison. You can say that again. I am going to add you to my blogroll, buddy.
Mayor of Pipsopolis