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<title>Latest Comments about Basic Forex Trading</title>
<link>http://www.traderinterviews.com/idealab/idea/view/basic-forex-trading</link>
<description>The latest comments on Basic Forex Trading</description>
<pubDate>Tue, 27 Jan 2009 03:31:22 -0800</pubDate>
<language>en-us</language>
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<title>Comment by lsherring</title>
<link>http://www.traderinterviews.com/idealab/entry/view/basic-forex-trading#c117</link>
<description><![CDATA[The see/saw method that use does get close to that 80% success rate.  I do use a 10 minute chart.  If you have leverage, it works brilliantly, if you do not then you needto use a 100 pip stop.  The main thing on any system is to take the emotion out of anything.  Emotion kills all of us at any one time in thier investment's.  I do not like to leave trades overnight unless there is a compelling setup occuring.  Hedgingrealy is the only way I have used to be consistantly positive at the end of the day.  You cannot make sense of this market.  You can see 400-600 pip swings in the same day and for what?  Nothing at all except a few expirations, large ones but nothing more.  I enter 2-1 in the direction I beleive and follow-up accordingly, 15 pips + spread to add another lot either way.  Lock in 15+ spread as well.  Lots more to tell but that is the basic's i use.  Good trading.....:)]]></description>
<guid>http://www.traderinterviews.com/idealab/entry/view/basic-forex-trading#c117</guid>
<pubDate>Tue, 27 Jan 2009 03:31:22 -0800</pubDate>
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<title>Comment by LonelyTrader</title>
<link>http://www.traderinterviews.com/idealab/entry/view/basic-forex-trading#c62</link>
<description><![CDATA[Nobody I know has sustained an 80% win rate in the spot FX markets unless they have outsized losses. And every model I've come across that boasts this eventually busts.<br />
<br />
And did you know that most professional spot FX scalping algorithms are on sub-10min timeframes?]]></description>
<guid>http://www.traderinterviews.com/idealab/entry/view/basic-forex-trading#c62</guid>
<pubDate>Thu, 13 Mar 2008 18:27:24 -0700</pubDate>
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<title>Comment by Hillclimber</title>
<link>http://www.traderinterviews.com/idealab/entry/view/basic-forex-trading#c13</link>
<description><![CDATA[I agree wholeheartedly.  Everything you said seems to hit the nail on the head.  Most of us probably realize these things, but it's always good to hear it again periodically, especially from another source.  Bravo!]]></description>
<guid>http://www.traderinterviews.com/idealab/entry/view/basic-forex-trading#c13</guid>
<pubDate>Sun, 26 Aug 2007 23:59:56 -0700</pubDate>
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