Recent content by BMW

Ok since I posted here last weekend, I've stopped using the macd and am just focus on the moving average and the 3 components of the ADX - also I'm not relying heavily on the indicators to tell me when to enter and exit the market but rather confirm what the price action is telling me - I'm not...

This post broken down into steps. 1. Post a chart that is relevant to me, and on the correct time frame that suits my trading style- I'm looking to hold stock anywhere from 1 day to 1 week, so short term swing trading suits me - which would be best? The 4 hourly chart, or daily chart? I'm not...

I think your right that not fully grasping the importance of calculating suitable lot sizes is definitely a reason why I've not succeeded making money long-term. Going forward getting a full grasp on what you need to know is very important and would help my cause immensely. I know that picture...

Not sure if this is what you mean, or it's just way too simplistic but from my point of veiw this meets all my entry requirements... Price is above the 50 day moving average ADX has crossed the 25 level The MACD signalling a long set-up. As for my stop loss, it's the bottom white line and...

You might have a point

Hey, I'm looking to make money trading (long-term..) I was told by somebody on here, that maybe starting a journal on here might be good for me seeing as I don't trade $5000 or anything else like that until I can consistently make money paper trading. I understand that paper trading is not...

I've got 7k spare (in the bank) but was wanting to start small rather than blow a big account -- I heard from certain people online how you can get into the markets with a small account and thought it sounded interesting .... obviously with different leverage in the USA, a $100 move with an...

For me, yes I've made money in the market short term but I've proved to be unable to make money in the market long term - so I don't chase on my losses and exit trades too early, I gotta apply those money management (stop loss and take profit levels etc etc..) rules this time.

Ok I'm looking to get into the markets with around $500 and seeing as tho I'm interested in day trading and swing trading, per position I want to risk $20 max... See rather than going broke, like before I want to follow strict money management rules - but I need to find a broker we would accept...

Okay I'm looking at fp markets - looks good.

Okay I'm looking to open up as stockbroking accounts. What I'm looking for is... A) my money to be held in a reputable bank B) low brokerage fees (somewhere around $10-$20 per trade) C) no ongoing account keeping fees/charges D) access to (free/cheap) 3rd party charting/live data/20...