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Showing content with the highest reputation on 05/04/2025 in all areas

  1. Looks like this forum really great and helping each other , I hope we all have fun , cheers everyone , thanks
    2 points
  2. Friends, Its time to stop the arguements ! Each one is entitled to their views and if you want to argue/show off, start a separate thread / PM and do that. This thread is ONLY meant for sharing the software and knowledge. Nothing else. Period! https://mega.nz/file/jFhHCZiD#fo3MsU5ea7yIKCzMsM_BnverMfYTIE1XPPJcTtfUQp0 1 May 2025 Terra update. Those who are arguing on the Cycles update, read the PDF on Cycles and Gann by Anant Acharya. May be your idea will change! Also, no questions on the login for AI Expert, that's an online feature and I don't have the login information.
    2 points
  3. gabriel

    MONEY MANAGEMENT

    In a sense, every successful trader employs money management principles in the course of forex trading, even if only unconsciously. The goal of this thread is to facilitate a more conscious and rigorous adoption of these principles in everyday trading. For many forex traders, the forex market is a game of balancing fear, greed and hope. When a trader is out of balance, he likely will lose money, and if he is out of control, he will lose balance. Well-designed money management concepts can help to keep the trader in control at all times. Trading FOREX involves three interrelated, yet somewhat separate operations: 1. Analysis of when and at what price level a market will top and bottom. 2. Market Entry and Exit – the actual buying and selling (or trading) once the decision has been made. 3. Money Management, perhaps most aptly called the art of survival. Most forex traders spend 99% of their time on analysis and the buying and selling of currency pairs. Many of these traders ultimately join the legions of ex-forex traders because they ignored the most important aspect of speculation – money management. You can be a good analyst and lose money trading due to poor money management. But, if you have sound, market-proven money management concepts, and the discipline to follow them, you will never lose all of your money. There is no guarantee that you will make money using these money management rules, but you will never lose the farm. Before entering the market, determine a stop/loss as a profit objective Many traders often enter the market with a price objective, but without a clearly defined protective stop. When the market moves against them they are often forced out of the size of their margin call. They lose control, and the results are often disastrous. What should have been a relatively small loss becomes an extremely large loss. With a pre-determined price objective and a pre-determined stop/loss, you know where you will get out if you are wrong and where you will get out if you are right. You have control. The stop/loss must be in the market, not in your mind. If you have been stopped out only to have the market make the move without you, the problem was how you determined where to place your stop, not whether to use stops. Never risk more than 10% of equity on any single trade. If possible, risk 5% or less. Never risk more than 20% in any one complex. If you are like most traders, you always figure how much you could make. The question of how much you could lose if you are wrong is never quantified. You are out of control. The most important question in trading leveraged markets is – How much of your equity is at risk? On any given day, for any given trade you must know how much you will lose if the market goes against you. You can maintain control by never risking more than 10% in any one trade, and by adjusting stops so you are never risking more than a maximum of 20% of open equity at any time.
    1 point
  4. Dear Members, Joined today this platform on friend's referral and I am pleased to see so much of liveliness on various forums. I am an aspiring Gann learner after came across his methods just over a year ago. Loads of conspiracies and mix of emotions from community fraternity about the authenticity of Gann trading methods. Well I am strong believer that knowledge holds NO BARRIERS. Finding the right approach and acumen is the key to anything. Most of us have spent years to reach to Graduates or Masters level in education but eager to be Millionaire through trading as if it is a MAGIC WAND!! It is NOT!! Developing knowledge base consistently over time could offer UNIQUE advantage against CHICKENHEADS running behind MILLIONAIRE TRADING SIGNALS without any guidance. I am flexible and open to learning anything from anyone. I am pretty sure that it would be a journey WORTH-LEARNING in presence of many experienced members here. Thanks ADMIN for allowing the access. Regards, Rashid
    1 point
  5. Hi friends, I have started blogging at www.trading-nuskhe.blogspot.in. Here, I will be posting articles related to astrology, astronomy and geometry wrt trading. So far its FREE. :D ;) Here, you will find some unique concepts which are indigenous and some based on others work. So, I request you all, especially those who are interested in these topics, to visit and learn these techniques. Regards JB... :)
    1 point
  6. Welcome. Hope you find success in your endeavor. This forum is not as lively as it used to be but do make the best of it. There is Optuma 1.6 and Optuma 2.2 (offline version) here that you will probably find useful.
    1 point

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