all shorters beware that other majors haven´t broken yet. maybe better to wait a little.

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url you can get free quotes from almost anywhere o_0

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cable is holding up so far and i suppose thats limiting eurusd downside

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also start considering the weekly candle. if downside momentum continues, we should see a nice inverted hammer off the yearly 61.8 fib. near-term bearish imo.

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Yeah, it´s fun and I don´t know any other way to trade, too. But it still sucks.

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The thought just occurred to me, that the damaging tendency of many traders to always try and call market tops and bottoms is not just indicating a lack of skill or experience, but rather compulsive behaviour, rooted in an unresolved and ultimately ...

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i just cut this for crumbs. taking too long.

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i have a sell stop @ 1.3338 with a stop just above the daily high. target unclear. not much more than r:r 1:1 though.

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it´s an urban legend. come on... now its really getting silly

Can you get rich quickly from forex trading?

you´re right, im taking it back. hes a wannabe, not a fraud.

The best movie about trading

dont you know hes a fraud?

The best movie about trading

it need not be a scam, but the title "world top forex trader" (or whatever it was) is completely meaningless. dont even think about throwing money after this guy until he can show you an audited live bank statement.

Why forex?

Point taken. I´m acknowledging that 30%/year is widely considered a golden performance among fund managers, but on the other hand say, that prop traders need to make a lot more than that to stay employed. And imo these are the people that you should ...

Why forex?

the first link also says that 10%/month is industry standard at prop houses. I didn´t read the thread further than post #8. No. I wouldn´t know where to find those people on the internet. That´s why I suppose they trade prop or at banks. But the ...

Why forex?

ok, but then you are (like most people here) confusing traders with fund managers. these are two different professions. prop traders need to make a lot more than that to stay backed. ~10% ROI/monthly is my best guess. Check this thread out (posts ...

Why forex?

how do you know that the "top traders in the world" only make 30% a year, because that´s just not true.

Why forex?

Funny, I thought it would rather be the other way round. What kind of company?

Recruited from Trade Explorer?

i doubt anybody ever did a study on forex daytraders (I would like to read it if it existed though). Anyway, this has been done with stocks, and the numbers are even worse.

95% traders go broke, only 5% survive

Please show where it says that. I cannot read trade2win right now as they have blocked me & mr. formans blog seems a little unorganized. plus i´m lazy.

95% traders go broke, only 5% survive

you don´t need 4 profitable back-to-back quarters to be a profitable trader. hell, one single profitable quarter is enough to come out ahead at the end of the year, if you win big in spring and only lose small for the rest of the year.

95% traders go broke, only 5% survive