Trade # 1
SELL EUR/USD @ 1.2858
11:57 AM ET
I am pleased to see so many young people wanting to understand Forex. I too am 19 years young, and was invloved in HYIP progr wondering when was going to get compensated. Your story is alot like minetoo read what there is to learn about poker in hopes of being the youngest world series of poker winner . Since that time, I have realized I have a back incase that does not happen . So here I am, I didn't mean to waste posts of your thread, but GOOD LUCK!!
Could you elaborate more on this? Are you really saying you risk 5%-10% of your funding per transaction?Originally Posted by ;
Yes, and it's fine to risk that even if your drawdowns are that low too. I know it's not the norm.Originally Posted by ;
I agree, if your drawdowns are low enough you can risk 5%-10% per trade. What I don't understand is the way your drawdowns are significantly less than that which you risk on a trade? Does that mean that you never lose a trade? I am somewhat confused is all, I am not trying to knock you.Originally Posted by ;
Any stop or target? Or is that determined as the trade progresses?
Originally Posted by ;
it is one of the standard indiors like the MACD. Really it's dirived in the MACD. Look at the macd and you will notice there is a sma line running down and up throughout the histogram. The osma indior is the histogram - the sma. So on the macd where the histogram is over the sma lineup, on the osma you will have a positive histogram. On when the macd histogram is below the sma line, you will have a drawback osma histogram.Originally Posted by ;
The Complete title of the Osma is Moving Average of Oscillator. Myabe this rings a bell.
If I risk 10% on a $1000 mini account using a eur/usd trade and shed 20 pips on a terrible trade, I've just lost $40, blowing off spread.Originally Posted by ;