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Wildbill

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Cuenta Real

Education

Cashback

Joined Aug 12, 2015

Publicaciones 40

Connections 2

Experiencia Más de 5 años

Ubicación United States

Bio

Age 78 and live in Texas. I have a BA from Columbia U. and 2 Master's degrees from the University of Houston.--none of which prepared me in any way for trading FX.

Got into FX trading in 2006 and had indifferent results for years until I discovered a learning situation where I can try to emulate the daily movement of pairs by the Big Banks that control the market. Since then I have been consistently profitable every week for 31/2 years at an 85% win rate on thousands of trades

Estilo de trading

Technical analysis to decide what the Big Boys are doing today as target trading.

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Systems by Wildbill

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Publicaciones recientes

What is your best tip to set STOP-LOSS in Trading?

The above post is for your original stop loss on a new trade. Once you have a profit of at least 20 pips, move your stop loss to a profit position of two pips past the entry. According to statistics from studies by brokers, your percentage of profitable trades should always exceed 65% to be a profi...

698

Dec 17, 2022 at 18:22

What is your best tip to set STOP-LOSS in Trading?

Set stop loss 5 to 7 pips above or below the last change in direction on a 60 minute setting. That should eliminate most temporary wobbles or minor spikes. Remember that the banks that support the market through your broker will often create a temporary spike at the NY change over for the new tradin...

698

Dec 17, 2022 at 18:14

Where is GBPUSD Going?

To answer this question about the direction of almost any pair, you have to have a chart that will show you the Dollar DX on a 60 and 240 minute timeline. Many pairs which have the dollar in them, such as GU, EU, AU, etc. are directly governed by the dollar DX. Many other pairs, GA, EA, etc. will a...

655

Feb 10, 2022 at 01:02

How long it takes to learn

Learn what? Anyone can learn the mechanics of trading pretty quickly, and trading a demo account seems to make everyone "rich" in a short time. Demo accounts are simply lures by the brokers to get you excited about trading by letting you gamble with funny money. You can't learn with a ...

4991

Oct 18, 2021 at 14:33

Scalping is good

I tried scalping when I was a newbie in 2008. It looked easy and I could get into some pairs like the Eur/USD with a low spread. Brokers love traders who scalp because most of us give them a lot of money until we give all of our account to them by slow attrition. How can this be? Do some math? Reme...

3694

Sep 17, 2021 at 14:54

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EURUSD	1.04034	GBPUSD	1.26026	AUDUSD	0.62498
USDJPY	156.837	USDCAD	1.43771	USDCHF	0.89617