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tiger131

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About tiger131

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  1. I was wondering if you could build a statistics pie chart similar to a diary or balance sheet to help traders look at their ratios and see their statistics to gauge their performance. This would greatly improve trading and education with logical suggestions built in to stop stupid traders repeating a circle of over trading and messing about with their stops, plus you could review ratios and then improved traders could go up in a leader board and discuss their strategies to the lower ranks.
  2. I would take a long term view and keep isis and russia in mind even if it went down below 20 or 10 any new conflict could spark it off up again.
  3. I think this will carry on for years to come. Maybe 5 or 10 years+. When i was a kid at school we had Norman Lamont rase intrest rates to 10 % in the early 1990s on black wednesday then he put it back down after causing a recession but then it pick up again so it wasn't the end of the world. We now have the opposite situation where the economy is not growing, housing and oil infaltion are at record highs so these people in those industry don't want to hear how they are damaging the economy. I'd say that we are facing a really big elephant in the room with american banks and the fed, plus they are in debt to the chinese who have out grown america. It should be interesting to see how the american empire copes in the future with it's addiction to oil and military over spending. Because they haven't even began to tackle the lack of productivity in their country.
  4. I only use fibonacci with the candlestick charts and set my stops at 61.8%
  5. If you watch this video, putting it bluntly it's how i make money on IG and even when I lose this explaines whats going on. I don't use indicators because they don't tell you where to place stops. I always set a stop at 61.8% and aim for a 3 to 1 or higher ratio.Is anyone doing the same stratergy?
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