How gamblers play the Forex Markets - Part III

We conclude the series of three videos by looking at the breakout trade - fortunately for our ficticious averaging down gamblers the trade turned in a profit over all.

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Category:

Howto & Style

Tags:

• Forex
• day trading
• stock market profits

[ExactTrading]

Thanks for your comments. Idea was to show inexperienced traders how dangerous this can be as they can quickly get into deep water. Agreed plenty of houses average, but with very deep pockets and better risk management than most private traders

[ExactTrading]

Thanks for this. Should be OK now.

[trendtraderx]

option expiration day is usually choppy rather than trending. if it had been a trend day averagers would have got stuffed [perhaps for weeks]. also they would need large margins on account.

i know people who do average. they would probably average every 100pts or so depending upon the instrument.

[z978ady]

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