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Steven Theobald
Added topic Only 10% of FX trading done via EAs, but a huge shift is underway.
Most equities trading systems employed today are algorithmic. Today, in 2018, the percentage is probably well over 90%. Source: https://en.wikipedia.org/wiki/Algorithmic_trading But here is an eye opening statistic. Unlike
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Steven Theobald
My main picture is of Half Dome in Yosemite National Park, in California, USA. I climbed to the top with my family when I was 18 and I stood out on that little ledge and looked 2000 feet down. That was enough to last a lifetime. Like trading with no stops, I knew to step back or risk the unthinkable....
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Steven Theobald
Added topic How To Set Stops
Setting the best stop always has been and always will be the bane of traders. We have all experienced the anger and crazy-making that goes along with setting a stop far from the current price only to be stopped out by ONE pip and then having the
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Steven Theobald
Added topic FX Correlations
Watching for "market moves" where many instruments move in unison is a great way to stay on the right side of the market. Equities and Oil and EUR/USD often move together and when they are all going up, you should not be shorting the
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Steven Theobald
Added topic My Favorite FREE Indicators
GOOD DAY. All traders have gone through dozens if not hundreds of indicators trying to find a few that seem to best fit their trading style or actually help their EA programming. I have been manually trading for 7 years now and wanted to
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Steven Theobald
Added topic How to identify and trade in a RANGE
Many traders are great at trend trading and then get destroyed when price consolidates in a range. This is probably the main reason 95% of traders lose money. After 7 years of getting chopped up in ranges myself I have a solution that is
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