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- eflem replied Sep 23, 2011
Oh Yeah, This is for their FX Trading Division. I know they have an equity trading side as well but I don't know any details for it.
Maverick Trading
- eflem replied Sep 23, 2011
Compounding trading profits just ensures that after a big run your next round of trades will wipe out your profits. You need to be running a regressive position sizing model on both sides. So, as your account goes up because of a nice string of ...
What is your weekly return?
- eflem replied Sep 23, 2011
All those reports are outlandish. I think 150-250 Pips per month is reasonable. This breaks down to about 35-50 per week. Or, for you mathematically challenged, about 7-10 per day
What is your weekly return?
- eflem replied Sep 23, 2011
Checked it out and it looks promising. However, I would like a whole lot more historical data. Thanks!
My EA's Trades
- eflem replied Sep 23, 2011
Hey Dom, Best of luck in your quest. My advice is to spend a whole lot of time on a demo. At least 6 months. Try a bunch of different strategies over different time frames and see which one you are most comfortable with. Remember, you aren't looking ...
Newbie Less Day More Swing Trading
- eflem replied Sep 23, 2011
I found that Swing Trading fits me best.
Day Trading vs. Swing Trading vs. Position Trading
- eflem replied Sep 23, 2011
Great posts on this topic. What is all comes down to is your personality. Traders don't understand that you can only trade what is comfortable to you. Just like a pair of shoes, my shoes are comfortable but might be too small for you. That doesn't ...
Day Trading vs. Swing Trading vs. Position Trading
- eflem replied Sep 23, 2011
I have been trading with Maverick for almost a year now and they are good. It is pretty straight forward. Membership fee of $800 and $199 a month covers all training, tech, support, platform, etc. The training was really, really well done and ...
Maverick Trading
- eflem replied Sep 8, 2011
nice thread everyone. One of the few that have a lot of value to a trader.
Extracted Thread (per thread starter's request)
- eflem replied Sep 8, 2011
I totally agree with your theory of multiple entries and exits on the same trade. Averaging up when the trade goes your way and scaling down once certain levels are reached. Perfect
How Not To Blow Out Your Account In A Week
- eflem replied Sep 7, 2011
Interactive Brokers has a 2 pip spread on GBPJPY. However, they do not add their commissions to the spread so you will pay an extra $2-4 pounds in commission. Definitely the best deal out there if you trade bigger than 1 lot
UK broker for GBPJPY, low spreads?
- eflem replied Sep 7, 2011
Success rates will be evenly distributed along a bell curve with the average trader losing money over time. Just as said above like gambling, the odds of trading are like the odds of a casino where the spreads and leverage take the odds out of the ...
if 99% fail why not reverse what we trade
- eflem replied Sep 7, 2011
Great Quote! One of the best I've read
if 99% fail why not reverse what we trade
- eflem replied Sep 6, 2011
I've been waiting for the EURUSD to break 1.40 before taking a short. Short here with a buy stop at 1.41 and a target of 1.35.
EURUSD
- eflem replied Sep 6, 2011
At this point, I think that the ending of the Euro will cause more disruption in the short and medium term than the long term benefits will bring. It is inevitable there will be some changes in the makeup of the Eurozone and some countries will ...
End the Euro - Yea or Nay?
- eflem replied Sep 6, 2011
After waiting for the intervention that never happened, it finally looks like the USDJPY cross is going to move above 80
USD/JPY Discussion
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