I'm at the point where I could live off of my trading, but I still work part-time. It's not for the money, it's for the other things I derive from it, mainly social contact. Being a full-time trader from home is an extremely lonely profession. It ...

for those who trade full time...

Hi Hilmy83, I went the papertrade route years back, and saved my capital at the bank, than I made a one time deposit and went "live" and That account blew up!! I did not know how to handle real losses! (Reason I am against virtual $$ accounts) So I ...

for those who trade full time...

Flat at 227.05 with 2 spinning tops on 15 min and cci going under 100

Daily GBP/JPY analysis

I'm Long from 226.45 approx 200am edt T/P at 227.45 ... T/S at 226.95 now at 711am edt

Daily GBP/JPY analysis

Hi Stock, I personally see no benefit in using an IB....some have option of adding more spread for their clients. Seems just about ANYBODY can be an IB for some FX firms....do you really want that?? That said, only IB I might consider would be EFX ...

Introducing Brokers - Safe?

Hey BW, The eur/usd has been in a channel for the past 2 weeks give or take, so really a no trend market = sideways. trading both sides is preferred here. That said.... eu did test a fib at 1.3248 area and failed....YET, it is bouncing off another ...

EURUSD

Hey BW, Like the Thomas jefferson Quote....on the other hand, don't do yourself the disservice of "believing" where you think the market will go.....listen to the market and follow it!! Never care whereyou think it will go, 1.33 0r 1.25...just ...

EURUSD

ABSOLUTELY AGREE!!!!!

Trading without a stop loss!

Hi Steve, I think for the time you have available, working a fulltime Job and all....You are doing pretty good for yourself. I have not read all the posts, nor even half....so bear with me on this. Maybe some thoughts to consider, though you may ...

My Journey to a $1,000,000

Hi Jackie, Thanks for the input....I suppose a 4% gain is reasonable while investing about 23.65 hours of time. I am loosely assuming the trader you refer to spends an hour each trading day (5.5 x 4.3 = 23.65) It is all numbers...4% of a 100k bal ...

My Journey to a $1,000,000

Trade with a bank, it would be your best bet. Second too buying/leasing a seat with the CME....they do have them for sale or lease. If you do not want to trade ''online'' , you'd have to trade on the floor of an exchange. Only thoughts that come to ...

Is it possible to do away with online brokers

Hi Yak, Maybe this will help, maybe this won't...your call. Personally, I do not succumb to "demo" trading as a means of learning. I realize that goes against just about EVERY bit of advice most "newbies" hear. I DO believe in starting a small ...

Honest answers please! Are you successful trading on Forex or not?

Hi, Be capitalized, prepare to work hard, give your blood ,sweat and tears as you would to any biz. Hours of screen time, STUDY, do not fall for everything you read, listen to the market, get a feel for the pulse of each pair you trade, think long ...

for Those who found success in forex>>

Hi BK, I only entered on the break of 3139....maybe you sold to me!!! LOL With the way it was whippsawing....I waited til the cci went negative, and the fib broke..... sounds as though you were on the right side, all you can ask for, and that you ...

EUR: ECB Will not raise Interest Rates on Thursday

Hi,, in my opinion.....FX is a biz, nothing more.....not a get rich quick scheme, and too many traders view it as a rags to riches route....I read many posts here while waiting for setups to occur....so many want "easy" and the latest "fad" or ...

My Journey to a $1,000,000

3117 hit and tested 921am edt

EUR: ECB Will not raise Interest Rates on Thursday

May test 3117

EUR: ECB Will not raise Interest Rates on Thursday

my apologies....3139 was a fib support....as I see it

EUR: ECB Will not raise Interest Rates on Thursday

3136 support just gave way......for now

EUR: ECB Will not raise Interest Rates on Thursday

whipsawing between Fibs and Pivot points.... between 3175 and 3136 as I see it from my fib lines, though cci is bearish 15m - 1h

EUR: ECB Will not raise Interest Rates on Thursday