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narafa replied Jan 31, 2007I agree with Merlin...You should have tested their platform through the demo login first & tried everything you would have been doing live... Here is what I think happened to your account...You probably made a JPY related trade..IB won't allow you ...
stuck in postion, please help
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narafa replied Jan 29, 2007So actually you are up around 26% in a year...In a sense, this is within the average returns of the professionals in the financial industry that was being talked about at the beginning of the thread
Thanks, NaderWhy professionals "only" make ~30% anually
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narafa replied Jan 25, 2007With all the due respect, but there will be no possible Israeli attacks against Iran simply because Israelis will fear failure & scandals as it happened in Lebanon with Hezzbollah...Of course it is a different situation, but anyway, this is not a ...
Gold Discussion
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narafa replied Jan 25, 2007You can go ahead, I won't be angry at you
although I believe that I am not a 100% mature trader... Thanks, NaderThink Outside the Box
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narafa replied Jan 25, 2007Pure mechanical trading is not going to work all the time in my opinion...I believe that you can only set up the complete trading rules only inside the mind of a human trader...Additionally, there are many aspects which you actually can't account ...
Think Outside the Box
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narafa replied Jan 24, 2007I am short the AUD/USD as well...I shorted at 0.7894 almost 2 days ago... Thanks, Nader
recent AUD action
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narafa replied Jan 20, 2007Change them...It is that simple
Move to another broker... Although I don't agree with what they are doing, but this way they are saving your money, so nothing to complain about actually, you should send them a thank you email instead
My ...another news-time broker complaint
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narafa replied Jan 20, 2007For the purpose of opening a forex account I don't think you will need your passport at all...May be some brokers require it, but I never needed it to open my forex account... For the issue of other stock and/or futures brokers, I faced this problem ...
Notarized Passport copy in Egypt
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narafa replied Jan 20, 2007Most probably it will need you around $1B to make a difference...$1,000,000,000 is 10,000 standard lots...If you use 100:1 leverage (I doubt anybody in the universe will allow you to have 100:1 leverage if you trade above $10M not $1B), it means ...
How many lots makes a difference?
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narafa replied Jan 18, 2007Every loss I make & take makes me a better trader... Thanks, Nader
Forex Resources - What made you a good Trader?
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narafa replied Jan 12, 2007Grains & Agricultural Futures — I hope that you guys are following the grains market...Please don't take this as trade recommendation, but I would like to tell you that I am extremely bullish on all grains... Corn went limit up today and ...
Grains & Agricultural Futures
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narafa replied Jan 12, 2007Thanks my friend...So I think that I am at the end of the list on this thread
.... Thanks, NaderWinning Trades String League
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narafa replied Jan 12, 2007If I post my trading history over here you will find that I have almost 10 consecutive losses in a row and 2 or 3 winners in a row, yet I am up 15% on a an equity basis...80% of the profit comes from 2 trades immersed in the middle of the lousy ...
Winning Trades String League
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narafa replied Jan 11, 2007Statistically, it has been proven that 20-25% of all traders and/or investors in the financial markets use technical analysis, so I don't think what you are saying could be true by any mean... Another very important point is that if all traders are ...
self fulfilling prophecy trade
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narafa replied Jan 11, 2007COT data are extremely delayed, plus you can't know who is correct about the market at many time unless we are in a clear defined trend, up or down...Commercials are the guys who know the business of the commodity very well more than anyone ...
What is the best Forex Predictor???
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narafa replied Jan 8, 20071- If your gf calls you and says that she needs your support & you immediately answer, on what time frame? 2- If you go to the supermarket and while watching the price of any item on the shelf, you are always searhcing for the open, high, low & ...
Humor: You know you're obsessed with Technical Analysis when...
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narafa replied Jan 6, 2007What I mean is that in real life trading, there is a huge tendency that 90% of traders (Usually retail traders, the ones like us) enter a trending market at the top & short at the bottom...This is a very famous quote, that most retail traders are ...
Trend is your friend (Image attached)
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narafa replied Jan 5, 2007If you mean forex brokers having trailing stop orders, then FX Solutions & Interbank FX do have the trailing stop feature...All brokers have the pre-set take profit orders...You just place 3 different limit orders with different position sizes all ...
Any brokers offer this type of functionality?
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narafa replied Jan 5, 200790% of traders are wrong on the future direction of the trend at the turning points.... Thanks, Nader
Trend is your friend (Image attached)