Your initial investment should be an amount that you are prepard to lose. A lot of people believe that you should not risk more than 1% to 2% of your account on a single trade and 5% to 6% of your account on total open positions.

I'm new Heeeeeelp

I dont know about craps but I can teach you a thing or two about Texas Hold 'em. What do you say?

Forex Trading Expo Casebook (merged threads)

That made me laugh out loud. Welcome to the Factory, youll fit in just fine.

Just need a Direction for Training

Man thats a nice chart. I might have to make it my desktop

Market open/close times

No...I havent read it yet but am thinking about buying it. Im trying to get some feedback from someone who has read it to see if it is really basic or contains some advanced theories etc.

Book Review

You would have to be very accurate in determining the reversal points in the market though considering the spread. If you can determine the reversals accurate enough you probably could make more money just buying and selling the reversals or using ...

about strategies

Hi james. Very interesting stuff and I think I speak for all in saying much appreciated. I am curious about the time scales you use in all the charts. Do you always scan multiple time scales or have you found that you like a particular one for your ...

james16 Chart Thread

Im not a pro, but I know everyone is going to tell you to read books. I have read a couple of the books that Merlin has suggested so many times. The Market Wizards books are great to start out with.

Question For The Pros

Ive noticed a lot of slippage with Forex.com recently too. One of my orders was filled 19 PIPs away from my original order just the other day. I heard that Forex.com has moved into a new office and all the problems theyve been having might be ...

Brokers and slippage...

You amaze with your ability to press on regardless of what has been said. Your ok in my book and whatever your selling, Ill take two!

4X Reality Show

Sorry my wife posted that. I hear what your saying about long term trading and I day trade (part-time). My comments are based on the fact that I dont wanna be stopped out of a trade just because my position fluctuated before taking off. What I ...

Trailing Stops ??

Thats exactly what I was thinking, a good way to pick up 20 PIPs. Do you have any experience with?

Gaps in the market

All I try to do is manage my losses well enough to be around for the big winners once every couple weeks. It seems like those are the only times my account increases significantly.

Trading with other's money.

Trailing stops rob you of your profits! They sound good in theory but any pro trader Ive talked to doesnt use them.

Trailing Stops ??

Well shoot, Im a little disappointed there isnt really going to be a reality show about forex traders. Though I must admit that was a clever way to introduce your services capitalflow!

4X Reality Show

FOREX.com allows deposit by credit card. Pay your credit card before you are charged interest, and you have a free wire transfer.

FXsol transfer via Paypal

I'd have to say I like FOREX.com the best. I like the fact that the platform is online, plus it's the best interface. The spreads are pretty much like everyone else on the majors.

Who do you use to trade the forex?? 1 Reason Why??