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fxRichard replied Jun 19, 2008Oh and how do you know I am profitable with it?

50k, 100k, 150k= undercapitalized?
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fxRichard replied Jun 19, 2008There are others making profit with it, the problem with it is that most people want an indicator or system that will work right now with minimal practice. They get frustrated when they make losing trades and end up overtrading chasing their profits ...
50k, 100k, 150k= undercapitalized?
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fxRichard replied Jun 18, 2008The most profitable trading system is the one that works for you, the one you understand and trust day in day out, the one that makes you laugh when you make money. You will get different answers but I guarantee if you try all of the systems that ...
Most profitable Trading System?
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fxRichard replied Jun 17, 2008The only degree that will come anywhere close to helping you will be in psychology.
What kind of Degree for Forex?
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fxRichard replied Jun 16, 2008hmmmm from what I can tell based on what I read is you want something that tells you if a weak dollar because of xyz in the us economy is the cause for price going up or down and vice versa is the EUR were strong for some reason causing the price to ...
Proposal for a forex technical indicator - Pair of Indexed Currencies (PIC)
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fxRichard replied Jun 16, 2008This is very possible...
Is it possible to make 20k to 70k in short time (7 weeks)?
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fxRichard replied Jun 16, 2008I use NinjaTrader with MBT but looking to switch to IB maybe... EUR/USD spread is usually 0-1 pip spread, commission is too high at MBT thus the move to IB until I am ready to go with a currenex Prime Broker which requires 250k initial account ...
Who are using one minute chart for scalping ?
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fxRichard replied Jun 15, 2008I use 5second and tick chart

Who are using one minute chart for scalping ?
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fxRichard replied Jun 15, 2008What he said
just to emphasize that their language (C#) is extremely powerful like mentioned above, I have written a few things for NT and it's awesome! For instance I have software written that sends me a text message to my phone when a ...where to download ninjatrader
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fxRichard replied Jun 15, 2008Ouch, that's a very steep commission rate, and I thought MBT was high! These commions are too high for my style of trading but may be good for someone else. Thanks
Interactive Brokers or ????
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fxRichard replied Jun 14, 2008Depends on your goals. If you want to make money and know how in Forex you can start with any amount, you will make $....how much well that depends on your initial capital of course, how much do you need or want to make? Along the lines of your ...
50k, 100k, 150k= undercapitalized?
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fxRichard replied Jun 14, 2008$10,000 as far as I can tell the only downside is 50:1 leverage.
Interactive Brokers or ????
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fxRichard replied Jun 13, 2008I searched FCStone on this forum and really came up with nothing in regards to what they offer or anyone's experience with them. I thought I would post this so in the future if someone is looking for a currenex broker this particular info would be ...
FCStone, a Currenex Provider
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FCStone, a Currenex Provider
Started Jun 13, 2008|Broker Discussion|6 replies
FCStone is a Currenex White Label Partner and I believe they also offer Prime Brokerage ...
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fxRichard replied Jun 12, 2008You will get various answers on how to, and how not to trade. A lot will say you have to trade on 4h charts or daily charts with 2% of yor capital etc. and that you have to have $x capital in your account to make enough to live off of once you find ...
Full time traders opinion needed
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fxRichard replied Jun 11, 2008Yeah I just read of an individual that signed up with a broker offering 700:1 !!!! Crazy stuff! All i require is 100:1 to keep things going smoothly

Interactive Brokers or ????
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fxRichard replied Jun 11, 2008Thanks for the reply, this is what I was expecting but thought I would see if anyone else knew something I did not. As for the 100:1 leverage I am fully aware of the risks and implications, the way I trade takes this into account. Thanks!
Interactive Brokers or ????
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Interactive Brokers or ????
Started Jun 11, 2008|Broker Discussion|12 replies
...I am looking for a good ECN style broker that meets the following requirements: 1) Allows ...
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fxRichard replied Jun 11, 2008Do a search on LinuxTroll Simple Scalping...lots to read but it will point you in the right direction
I added this method to what I currently do, after a LOT of screentime I have gotten to the point where I have a hit rate of 90+% and have not ...reliable trading system for GBP/JPY scalping
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fxRichard replied Jun 7, 2008Not quite true, everybody always thinks that if someone is profitable and averages x% a day or x% a week or x% month etc. that they would own all the money in the world in due time. What most people fail to forget is that when someone is capable of ...
Is it possible to make 2% in month with 50k