[Golden Boomeran]

[mamunsharty]

Everyone has a natural tendency to shorten the Trading timescales. Most ‘Newbies’ think that entering and exiting a trade in a matter of minutes is the best way to Trade. You limit your exposure to the market, and can keep risks low too. You simply look to Trade several times a Day. You can also minimize Risk by NOT holding a Trade overnight.If only it were that simple …….There are several issues with this style of Trading. Let’s say that you look to make 5 ‘pips’ from a trade. Let’s also assume that you are Trading the EUR/USD currency pair. To make just $50 from this Trade you would need to open a Trade with a volume size of $100,000 or 1 standard lot. If you set a stop loss of 5 ‘pips’ the chances are that you will be stopped out probably more often than not. A more realistic stop is probably 35 – 100 pips. If you use this, then you will be risking between $250 - $1000, or up to 50% of your trading margin if you lose.This means 2 losing trades and you are bust….Let’s say you therefore look to risk less, and only risk a single mini lot per Trade. At this level you are only going to make $5 per winning Trade. On the other hand you will only lose $35 – $100 per losing Trade.The problem is you need to w

[blazingforex]

Everyone has a natural tendency to shorten the Trading timescales. Most ‘Newbies’ think that entering and exiting a trade in a matter of minutes is the best way to Trade. You limit your exposure to the market, and can keep risks low too. You simply look to Trade several times a Day. You can also minimize Risk by NOT holding a Trade overnight.If only it were that simple …….There are several issues with this style of Trading. Let’s say that you look to make 5 ‘pips’ from a trade. Let’s also assume that you are Trading the EUR/USD currency pair. To make just $50 from this Trade you would need to open a Trade with a volume size of $100,000 or 1 standard lot. If you set a stop loss of 5 ‘pips’ the chances are that you will be stopped out probably more often than not. A more realistic stop is probably 35 – 100 pips. If you use this, then you will be risking between $250 - $1000, or up to 50% of your trading margin if you lose.This means 2 losing trades and you are bust….Let’s say you therefore look to risk less, and only risk a single mini lot per Trade. At this level you are only going to make $5 per winning Trade. On the other hand you will only lose $35 – $100 per losing Trade.The problem is you need to w

The problem is you need to w...................................... ?

[Republic]

'wait for a long time before it turns to profit' ??

[FxTooth]

LOL, is Zeus going to zap us in the arse with a lightning bolt any time soon...

[Pietro]

LOL, is Zeus going to zap us in the arse with a lightning bolt any time soon...

Something tells me you'd probably enjoy that...

[Pietro]

The problem is you need to w...................................... ?

More cut and paste nonsense.... don't expect an answer anytime soo............................................... .....................

[Sully]

The problem is you need to w...................................... ?

............ Wipe the tears away when your account goes to zero.

[Rambo35]

I do not trade using ea's. I think there is no substitute to manual trading if you seek long-term consistent profits.

[DitterPD]

No pain, no gain. Beginners can try EA for starters, but of course it's better to go your own way.