44. How Successful Traders Use Indicators to Place Stops

[TheEngineer1371]

Great video! I recommend using this iPhone app called Forex Trader Money Manager. Check out my channel here on youtube for a short demo. Wishing all the best trades!

[gpcdist]

What is better a stop stop/loss or trailing stop

[FXCommissionRebates]

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[nakazazaza]

wrong. there is a way to know where the indicator is going to be when it says "stop" and this is because of math. simple huh :p

[freeSCALPINGindicato]

I got Free scalping indicator ..if anyone want..

[smokenfly514]

You should also provide derivative trading tips, would be very helpful

[FreeFOREXautoROBOT]

Thank you, but i prefer Free Forex Robot

[shytigercp]

If you want make money, you have to have money. Scalping or swinging with 25k is a good start...but you have to know what your doing. Know how to set up your charts. Know how to use trailing stops. Paper trade for a year before your go in. If you have a system and you have decipline you can really do good. Pick good companies with good growth rates.

[laton2010]

Stay away from forex it is a devil business only 5% make money on it, that are banks, market sellers and brokers. go to different markets that are real, Gold and Oil.

[reapertheunique]

@laton2010 and this is exactly the reason why only a handful are succesful. beginners don't believe that they can be succesful as well and either don't try or give up to soon, just believe in yourself and learn. you won't be able to make money in a month or two it takes at least a year if not two.

[laton2010]

@reapertheunique I aprecciated your advise my friend but i cant believe in the market just a few scamers making money

[reapertheunique]

@laton2010 If you really believe that, so be it but I trade in forex for almost a year now, granted I'm still learning (but aren't we all?) but I'm getting there. In fact for the third week in a row I've made profit. I started with as little as 50$(!) and I'm now on my way to 500$.

[laton2010]

@reapertheunique hahahaha tell me one more history hahahah. my friend most of people do not tell about their losses, they just tell winner histories hahahah, i the only one telling that i am a looser because this business is mafia hahah

[reapertheunique]

@laton2010 ah yes that is true, fair enough, I've lost more than I earned.

So far I've lost about 1000€ and am now as I said at around 500$ ar about 400€.

Again still got a way to go but I believe I can do and that it is possible.

[laton2010]

@reapertheunique leave this my friend it is gambling, only 5% of traders in profits it is not normal.

[blrbond]

What if the Brokers spikes at our stop loss point. I have lost around USD 5000 because of this false spikes. Any tips to avoid this. Txs

[heislord5]

Wow, prediction of the dow recession in January 2008.

[hwsv07]

In your example for starbucks, you wouldn't know that the ADX would rise to 40 until you are looking at hindsight.

With that in mind, how do you see? Breakout of ADX 20?

The same is for the reversal.

[InformedTrades]

what I am saying here is that the ADX is rising which would have been happening in realtime if you would have been trading that breakout, you would not have had to look back to see it. Best Regards, Dave