Any good, solid, profitable Forex strategies?
I need a profitable, easy-to-follow Forex strategy. I’m a daytrader, so I need a good swing strategy. About 20 pips per trade will be good. Also, I have Meta Trader, so I’d appreciate good, custom indicators. Don’t give me MACD, RSI, Stoc, Moving Averages etc…
Thanks!
Trading indicators are best used along with money management and good [...]
Self-employed stock traders: What is your backup strategy?
I mean in the even that, for whatever reason, your trading becomes less effective and less profitable. Could be emotional problems, physical, competition and trading systems increasing efficiency – whatever.
Over the short term, do you have backup strategies? For example, do you trade intraday, but understand enough to be profitable at swing? [...]
A question about Overbought Indicators?
I have a pretty good understanding of trading Oversold Indicators but have been getting into Overbought trading on the short side recently. My question is from a swing trading (shorter term) stand point. When I am looking at creating a watch list based on overbought conditions (RSI and Stochastics) would it be wise to focus [...]
Anyone have experience trading futures?
Here’s what I’m thinking of doing:
Pick a future that’s been volatile lately
Buy an option on the future to increase the swing even further
Watch the swings, and if I’m up 25%-30%, close the position.
Would this work? I’m not interested in researching fundamentals or following technical indicators. Of course, I wouldn’t risk more money than [...]
