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kmartyn
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Posts by
kmartyn
NZDUSDv
in
Experienced Traders
Feb 02, 2018 at 12:10
What time frame? On the daily it's still trending up.
Honest truth about forex.....
in
New Traders
Jan 02, 2017 at 08:36
It's been awhile since I've been on here, amazed to see so many opinions on the original post. Thanks guys for all the kind words. Those of you that had douche comments, thanks for those too. I don't trade forex much anymore, sticking to stocks. This doesn't mean I won't trade them again in the future.
Random Market Thought.....
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General
Nov 01, 2015 at 07:02
A trader entering a market with no prior experience, knowledge or discretionary biases has an equal chance of being right as they do being wrong. This idea was made popular in 1973 by Burton G. Malkiel, an economics professor at Princeton University and it has been coined the ‘Random Walk Theory’.I believe this theory to be true, I also believe markets trend up and down over different timeframes. Unlike Malkiel who believes it’s best to buy and hold over the long run. I believe that if a trader enters a position in the direction of the prevalent trend, then that trader has an...
Average return - Pro
in
New Traders
Oct 15, 2015 at 06:15
If you can beat the S&P 500 by a few basis points you are doing pretty good. On the other hand why would you want to put a benchmark on your performance. Shoot for the moon.
Honest truth about forex.....
in
New Traders
Oct 12, 2015 at 06:00
I'm in a constant state of learning, I hope it continues. I have been investing in stocks and bonds for 13 years. Forex is completely different, but I enjoy it a lot.
Honest truth about forex.....
in
New Traders
Oct 09, 2015 at 20:07
Like most traders I entered the Forex world with piss and vinegar hoping to cash in on quick profits. THIS IS NOT THE CASE. After 2 blown accounts and a blow to my ego, I sat back and reevaluated my trades. Turns out I was doing a few things wrong. 1. Over leveraged. I know the appeal of trading 1:500 or even 1:1000, but DON'T do it. You will blow you account. My max now is 1:100 and that carries a significant amount of risk. 2. Money management. Do not risk more than 1% of your account. Some say 2% is fine, but 1% is better. set your stop losses at 2% of capital. 3. Worry about entries le...
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