There are two negative aspects I can think of to having this many different accounts opened. The first is a heightened risk of information theft if one of them is compromised (albeit that's unlikely given how secure reputable brokers have to be). ...

Addicted to opening new trading accounts?

OP in that thread hasn't even explained what he's doing other than creating extraordinarily lopsided risk. I'm not sure how that would help this person other than get them in serious trouble. Instead I would suggest gauging your risk on something ...

Still losing

Fair enough - I'll take a look at those threads. Thanks.

How to learn fundamental analysis

If you are going to take on an attitude of condescending arrogance upon the rest of the thread participants, perhaps you should add something of value. Saying that we are all ignorant (low blow comparing us to creationists) and then refusing to ...

How to learn fundamental analysis

I think we may be range bound for a while given the strong rejection at 1.3300. I would wait for a breakout to either side and retest before taking a position, unless you trade lower frames.

EURUSD

I'm sure someone has programmed an EA that makes them consistent money, but it isn't anything nearly as simple as the garbage you find on open forums. These are "black box" systems and are very sophisticated, with logic that attempts to simulate ...

Why EAs and manual systems differ?

Mindset isn't as big a part of the equation as some people make it out to be; if you have a crappy system that has negative expectancy, or you don't know what that expectancy is, you're bound to be mentally weak while trading it as doubts abound. A ...

Still losing

I think many people are going to assume that your strategy revolves around money management instead of an edge. The response you're most likely to get, justifiably, is that in a random walk there is a positive correlation between risk and number of ...

9-25% Monthly Enough?

Are you telling me that betting on news releases or even long term weekly trend speculation is more reliable than clear support and resistance zones? How can you even gauge risk if you completely toss technicals out the window? Open a short trade ...

How to learn fundamental analysis

Sorry, I was AFK. It seems Davit has you covered.

EURUSD

1.31776 bid

EURUSD

FXCM opens in 6 minutes.

EURUSD

Because developing any EA that has a real edge would be very difficult....what you see on open forums and the like are basic strategies that are too simple to have a real edge over the long term as the market is too efficient for this. Manual ...

Why EAs and manual systems differ?

It's FXCM Trade Station (Market Scope 2.0). I like it but it has its faults (and minor bugs).

EURUSD

You say you're not an expert and you're trading $50,000 of someone else's money? Your friend must be loaded if he's willing to take that risk.

9-25% Monthly Enough?

Anybody else watching for a reaction at this lower daily level? Support hasn't really been tested yet and I wouldn't be surprised to see a good rejection.

EURUSD

Unless you're doing long term trades (1+ years) fundamental trading is a waste of time in my opinion. Often times it's bullish news that fills short orders waiting at supply before it rockets off in the opposite direction. Not only that, but ...

How to learn fundamental analysis

Jonas, I just wanted to thank you for providing this publication free of charge; you obviously put a lot of work into both of your eBooks and most importantly they contain a ton of examples. I've found that this style of trading is the only thing ...

''Trading Price II'' by PhAnti - have fun

I only continue to analyze a trade in terms of determining where to exit at....this is a skill I'm still working on building and has little to do with my entry criterion. Right now I'm trying out a strategy of trailing a stop at areas of major ...

How to rescue a losing position?

Weekly candle was formed at a major supply zone, and given the strong reaction I'm putting my money on the idea that there's no buying power left up there. This thing is probably headed longer term for 1.5830.

Cable Update (GBPUSD)