Yep, using 200 - 400 times leverage will certainly have the same effect. Your target of 4% a day on $1000 would mean you had over 2 million dollars in 200 trading days. What do you think are the chances of a Forex retail trader having several ...

Leverage

10 pip stop losses are just silly, you could be right about the market direction but still losses the trade on a random tick with a stop loss like that - a stop loss like that will stop out BOTH your winning trade and losing trades; thereby turning ...

Leverage

In that example, the resistance line is FLAT but the support line is SLOPPED. The steeper the support or resistance line, the more fragile the support or resistance. Stock prices tend to fall more violently than the rise but stocks have an upward ...

Why the market tends to fall faster than it rises ?

Has this been back tested? What were the results?

GbpUsd 5 min breakout

Thanks again.

Best place to get free Forex historical data from

Thanks SayedFX

Best place to get free Forex historical data from

The results of an individual trade is mostly to do with luck, a trading career is mostly to do with skill. Think of it like a giant poker game. Any particular hand (or trade) is down to luck, but in the long run, if the game is played for long ...

Poll: Is successful trading more dependent on skill than luck?

Way of the Turtle is the best trading book I've ever read url

what is the best forex book?

Will you tell us more about your system please? I'd be most interested in the signals if I knew how they were generated.

would anyone be interested in free signals?

I favour time based exits. If you've got a good entry, a time based exit will usually put your win rate greater than 50% and the wins are usually a little bigger than the loses too. I first became interested in time based exits when I read about ...

Entry is easy, but Exit is really difficult

I'd totally agree with that, there is certainly nothing new that's come out in Forex in trading for a long time. I don't expect there to be any new information coming out in the future either. Like you say, it is just a matter of find an edge that ...

College courses for forex

The problem with that is those 'brokers' ban you if you consistently win more than you lose. Make no mistake, this tax was aimed at killing short term speculating, and it will. The solution is to convince the powers that be that having a liquid ...

Trade Transaction Tax - The Death Of All Us!

Speaking of the government spending thousands of $$$ of tax money on locking people up for smoking 'green' did you see that article where the UN reckons that drug money stopped the banks from collapsing during the financial crisis last year? url ...

Trade Transaction Tax - The Death Of All Us!

If that's gonna be possible then the tax won't even happen in the first place. No country just wants to piss away business to others like that. Either it's a global tax with the UK, USA and the other big powers on board an it's unavoidable or it's ...

Trade Transaction Tax - The Death Of All Us!

The finds of this poll should come as no surprise really, most beginners lose, those who stick with it for years eventually become good at it and win.

FF Traders P/L - November 2009

If that passed there would be less scalping for sure, long term trend following could still be profitable however. Hopefully the economy would do better as other taxes could be cut?

Trade Transaction Tax - The Death Of All Us!

No, I believe in statistics and probabilities; the holy grail is more like a quest for an indicator or system that is a certanty. There are no certainties in the Forex market, nothing is a sure thing. Even the statistics and probablities of a ...

Do you still believe in the perfect trading system?

After a few years trading and lossing I've moved on to systems and have broken even and am looking to get into profit now. Trading without a proper system for so long was one of the dumbest things I ever did.

FF Traders P/L - November 2009