Originally posted at Forex Factory on Aug 10, 2008. http://www.forexfactory.com/showthread.php?p=2157564#post2157564 Let me clear it up. Do you want to be trader for another company or do you want to be self employed as a trader? With both you do trading live. You said in your previous post that employers will be looking to …
Originally posted at ForexFactory on Aug 10, 2008. http://www.forexfactory.com/showthread.php?p=2157418#post2157418 I have no doubt there will be more automation in the future. I personally believe that humans can perceive many things that a computer cannot. Things like intuition, market sentiment, subconscious market understanding. A human can develop a certain ‘feel’ for the market and that …
Originally posted at the Forex Factory on Aug 4, 2008. http://www.forexfactory.com/showthread.php?p=2143985#post2143985 Thinking about it like that is not very good. Just because 4.5% is a small number to you doesn’t mean it is realistic with his system potential. Some systems suck and getting a 4.5% monthly return with them is extremely good. Other …
Originally posted at the ForexFactory on Aug 2, 2008. http://www.forexfactory.com/showthread.php?p=2142921#post2142921 How many pips per month you make is completely irrelevant to how much your going to make or how successful your going to be. If I make 60 pips per month using 50:1 leverage and you made 400 pips per month using 5:1 leverage …
Does Oanda Stop Hunt? And if it does, can you arbitrage it? Originally posted at the Forex Factory on Jul 31, 2008. Originally Posted by lostinspace I just found this video, it looks bad for Oanda no? Did it ever occur to you to buy on Oanda’s “stop hunting prices” and then sell when the …
Hardly anyone studies at all, let alone implement the process described in this article. Most people don’t read anything. They are looking for the easy button. There are some people who have not opened up a book since they finished school. Others can get repulsed at the thought of opening up a trading book …
In order to profit in any market, in any financial market, in any financial instrument, you need the radical pursuit of truth. Trading requires the pursuit of truth – the radical pursuit of truth. But what type of truth are you pursuing? The statement “radical pursuit of truth” can mean different things to different people. …
The effects of dollar depreciation. Originally posted on the ForexFactory on May 2, 2008. I never meant to say that the dollar depreciating doesn’t affect us. What I mean is that even if the dollar depreciates substantially, the inflationary affect that it has is far less than what you would expect. Some companies have …
Originally posted at the ForexFactory on May 2, 2008. Yes, the safest currency would be the one you use day-to day. Since you already place speculative trades in forex, there is no need to place a speculative trade on which way the currency in your account is going to go. Unless of course you …
The Forex News Spike Traders still exist and play the same losing game. Originally posted on ForexFactory on Apr 12, 2008. The amount of people still trying to spike trade the news sickens me. Spike trading died out a long time ago. When a major news announcement comes out the liquidity drops and spreads …