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philmcgrew replied Nov 8, 2007I can send you data in a .txt file if you want.
how can I import current pip value of USDJPY into GoogleDocs Spreadsheet?
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philmcgrew replied Nov 7, 2007Makes me wonder if a mentor could have helped. Best wishes on your journey.
Forum a substitute for a mentor?
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philmcgrew replied Nov 7, 2007I think you're right and if you have enough time, measured in years...not months or minutes, you can learn to trade. For many though, they focus on the system first rather than the mechanics of trading and more importantly, psychology. Even after ...
Forum a substitute for a mentor?
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philmcgrew replied Nov 7, 2007I think you can teach yourself to trade. It's going to take a couple years, cost you an account or two, and contain a few detours. This is the internet where people can be anyone they want. They don't have to know or believe what they say, they ...
Forum a substitute for a mentor?
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philmcgrew replied Nov 7, 2007That's funny! Only if you can answer yes to one of Captain Oveur's other questions to Joey in the airplane cockpit.
Please, 95% of traders don't lose their accounts!
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philmcgrew replied Nov 7, 2007I'm not going to debate someone who doesn't understand why the US stock market is near all time highs, thinks the next president will end the war quickly, and doesn't see how a weak USD could benefit America. I didn't see Singapore on the list of ...
I see oil reaching 100 USD?!
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philmcgrew replied Nov 7, 2007You need to venture outside of the trading room once in a while. Do a search for "95% lose" here on FF and you will get 45 pages of returns. Granted, not everyone of them discuss trading failures but an alarming amount of them do. And, they don't ...
Please, 95% of traders don't lose their accounts!
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philmcgrew replied Nov 6, 2007Can you explain how the president caused a decline in the USD and how that will suddenly reverse a year from now when we elect a new one?
I see oil reaching 100 USD?!
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philmcgrew replied Nov 6, 2007Extremely well written. I think we all can identify with your list. Thanks for sharing that with us.
A collection of truths and proto-truths
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philmcgrew replied Nov 6, 2007My research comes from reading this procedure. This describes a 2 person operation and still has a questionalbe outcome. Rats! Turbo beat me to the same guide.
Please, 95% of traders don't lose their accounts!
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philmcgrew replied Nov 6, 2007I had to throw in a line from the greatest movie ever just to see if anyone actually read my rant.
Please, 95% of traders don't lose their accounts!
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Please, 95% of traders don't lose their accounts!
Started Nov 6, 2007|Trading Discussion|35 replies
I am tired of hearing that 95% of traders lose money in Forex. Seriously, just because you ...
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philmcgrew replied Nov 6, 2007Technically, if you use a reasonable stop and you risk a small fraction of your account there is nothing wrong with it. Most people including the original poster here wants it to overleverage a small account and risk a large part of their captial. ...
FXCM allow 400:1 leverage?
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philmcgrew replied Nov 6, 2007Welcome to FF. If you could post an example of divergence and your stop location perhaps we could get a better idea of what you are experiencing. Also, have you looked at hidden (reverse) divergence?
Divergence trading
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philmcgrew replied Nov 5, 2007It's about time it hit $800. I remember buying my class ring in 1982 when it was over $800, maybe i can sell it for breakeven some day soon (seemed like a good idea at the time). I'm not the forum police or the 1KT bully. I've always stated that I ...
I see oil reaching 100 USD?!
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philmcgrew replied Nov 4, 2007I've heard that one before. Best wishes with your trading.
FXCM allow 400:1 leverage?
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philmcgrew replied Nov 3, 2007Banks don't trade through Oanda. If you want to see the positions of large traders you should refer to reports like the COT.
Oanda 10 pip spread on nov 2, 2:30-3pm EST for EUR/USD?