you guys kill me lol this thread was supposedto be a bit of fun, now everyone and their granny is giving me advice what i should do the thread about how many traders does it take to change a light bulb come to mind. get a grip guys, it's only ...

Why oh Why ....

grr, look where it would be now!! +150 i was in from 1.0111

Why oh Why ....

no, i was a wuss

Why oh Why ....

I know the answer. in the last few weeks ive took on some additional funds - about an extra 200k in all. Now i know of old that my mind needs time to get use to the jump in stakes and so when this happens, usually for the first few weeks I ...

Why oh Why ....

lol, the idea of the thread was to stimulate some more 'why of why's' and not really dissect mine in particular sometimes you guys are too serious - I know the answer was boredom but wanted a place to vent our spleens when we do something stupid ...

Why oh Why ....

my two penneth says 'almost' my own methods work on any tradable instrument, be it oil and gold, dow 30 or forex. timeframes however are a different ballgame as cost of doing business comes more important. Trend trading the daily chart for example ...

Trading Myths

triphop Member Member Since Oct 2007 Posts: 5 image Rules vs instinct Now to the stops! Setting stops based on S&R rather than blind faith seems sensible. But I'm interested that you don't put stops at these levels though at the start of your ...

Soultrader's Clinic :)

with all due respect Scalpt - even if all of your three months have been profitable it still cannot be classed as 'consistent'. the way the market has been with sub prime and now the chinese even a monkey could make money since august. ps, I was an ...

38 Steps to being a Trader

EUR isnt strong - crappy dollar is weak. we dont want EUR because its not worth the paper it's written on

EURUSD

that is soooo true Merlin. trouble is i think you have to be an arrogant SOB to be attracted to this business. most join the game in search of quick riches with little effort (i know i did) but most leave providing the slow accumulation of profits ...

Please, 95% of traders don't lose their accounts!

too right Phil, A medicine man will train for about 7 years before he/she is qualified to say 'im a doctor' and even then will get ongoing training - a lawyer 5 years plus before he gets to say 'im a bloodsucking bastard' - how long is the training ...

Please, 95% of traders don't lose their accounts!

Mike, there's no need to go sit in the corner and suck your thumb. your opinion is just as important as anyone elses including mine. Just that when faced with a belief as strong as yours about stop hunting I was trying to find out what was ...

Much of What You Know About 4X is Wrong!

i don't want to read Darkstar's posts - i want to understand why you think this is so and what evidence you have to support this belief. Darkstar also talks of brokers stop hunting their book - he calls them a 'confluence of stops' - i just call em ...

Much of What You Know About 4X is Wrong!

why do people get so angry and insulting when i ask a question on here or say something they don't agree with? own ego maybe? so teach me obiwan. where do they get the info and why would they do it when it takes about 100mio to move the market half ...

Much of What You Know About 4X is Wrong!

sorry, not true. by the way, i love the 'their feed' bit - they make the feed and they stop hunt it according to their balance book. ive lost count of the number of times i've seen it happen - oh and i've seen it happen at a broker's offices also - ...

Much of What You Know About 4X is Wrong!

hilarious. six years in the game i'm still at level 1

38 Steps to being a Trader

Hi Phil, first the saying is that 95% of MARKET PARTICIPANTS fail - can't remember it saying anything about traders. fact is that it's actually about 98.5% according to two brokers I know and at one broker (a biggie) one FX trading desk dealer told ...

Please, 95% of traders don't lose their accounts!

too right - that's what i meant by "although a demo feed is about as accurate as the data mentioned earlier" - maybe i should have elucidated Mind you, there are some brokers who requote on demo like they do on real accounts - MIG being one of ...

Soultrader's Clinic :)

The interesting thing about this banter is that it shows why cable is so choppy this year. In the usa everybody knows that the economy is going to hell in a handbasket because of war, cheeseburgers and anything else that dumb president can spend ...

Soros said he's got it all figured out