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EnoFX replied Mar 16, 2015I'm sorry but that's a lot of BS. There are more than a few people here who bang out 20-30 pips a day daytrading including myself. Just because you can't do something don't assume others can't.
Is trading not considered a job?
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EnoFX replied Mar 13, 2015What do you mean it doesn't create trends? If the EURUSD move over the past year is not a trend then I don't know what is.
EURUSD drop/manipulation - Anybody else sick...
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EnoFX replied Mar 12, 2015This is profoundly misguided. You continue to assume that every trade is random and that it is impossible to create an edge that would cover losses and the spread/commissions. It may not be easy to do but I can assure you it can be done. ...
I've figured out why so many people lose money in Forex
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EnoFX replied Mar 12, 2015Just because Draghi can move the market doesn't mean he's manipulating it. Accept the market for what it is. It is not an auction that can be manipulated at the expense of some players. If Draghi needs the euro to go lower then he's got the power to ...
EURUSD drop/manipulation - Anybody else sick...
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EnoFX replied Mar 11, 2015* In light of the reckless actions of the SNB, FXCM has since ceased offering any currencies which carry significant risk due to potential manipulation by their respective governments either by a floor, ceiling, peg, or band. Exactly what I said ...
FXCM Releases Detailed Data on the SNB Flash Crash
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EnoFX replied Mar 10, 2015I don't give a shit if it's manipulated. I'm only interested which way it's going.
EURUSD drop/manipulation - Anybody else sick...
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EnoFX replied Mar 8, 2015Try telling it to all the people caught in the Swiss frank massacre who not only got their accounts wiped out but actually are on the hook for the negative equity that supposedly to you is nothing more than 'paper money'. I have to say I find it ...
I've figured out why so many people lose money in Forex
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EnoFX replied Mar 3, 2015That's exactly it. I have an intraday system where losses are capped at 15 pips or less and my winners are anywhere from 5 to 100 pips. The notion that you can't make money trading short term is utter bollocks.
I've figured out why so many people lose money in Forex
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EnoFX replied Mar 1, 2015I think we'll see a major crash in emerging markets.
Imminent collapse of the US dollar?
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EnoFX replied Feb 26, 2015That would depend on how much you're risking to gain those three pips.
The Spread and Profit?
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EnoFX replied Feb 25, 2015Come back in 9 months. :-)
I've figured out why so many people lose money in Forex
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EnoFX replied Feb 25, 2015You're projecting your idea of success on to someone else without knowing that person's motivation and values. It may very well be that he actually enjoys the idea of not making money knowing that he could actually make it if his life depended on ...
I've figured out why so many people lose money in Forex
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EnoFX replied Jan 19, 2015Picking up nickels in front of a bulldozer is not a winning strategy.
Brokers chasing you for negative account balance
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EnoFX replied Jan 19, 2015The next one will be worse.
Any other possible "CHF 01/15/15" like events in the future?
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EnoFX replied Jan 18, 2015I get the feeling some brokers in the future may be more strict in terms of what pairs they will allow to trade. Any currency that's pegged in any way may be withdrawn from offer to avoid the kind of scenario we just saw this week.
Which broker to trade with in future
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EnoFX replied Jan 16, 2015As Buffett once said "it's only when the tide goes out that you get to see who's been swimming naked".
Forex changed forever!
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EnoFX replied Jan 16, 2015Calm down everybody. If flying wasn't banned after 9/11 sure as hell retail forex trading won't be either.
Forex changed forever!
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EnoFX replied Jan 16, 2015Leverage might change but that's about it and maybe higher capital requirements ($20,000 and up for example). Retail spot FX trading will not go away. In the worst case scenario I'll go back to trading stocks.
Forex changed forever!