The point is, the reaction of people knowing you (or whoever) are a trader depend on many factors, not just on the trading one. Suppose you come in the shop driving a ferrari, with a 20k$ rolex on your wrist, and buy whatever you need to buy from ...

Is trading not considered a job?

Trading is not considered a job because 99% of "traders" are short-lived gamblers, of course there is always the exception that confirm the rule. As for the contribution that trading do to society, let's say that profits are a huge contribution to ...

Is trading not considered a job?

Manipulation is a wrong word, the right word is: trend. Fx market is well known to be one of the best trending market, it has ever been, and will ever be. T R E N D

EURUSD drop/manipulation - Anybody else sick...

Good cad data should send usdcad lower, NOT higher. And bad usd data should send usd lower, not higher. What we are seeing today (and many other days) is simply the market going in the opposite direction of the foundamental data. We should always ...

USD/CAD

Today we had mostly negative data for the usd and positive for the cad, on a fundamental level your trade is perfect. But... This market is crazy. At least for now...

USD/CAD

Exactly, most of brokers (even the big ones) don't have absolutely a market cap that would allow all their clients to open 100x leveraged positions in the same time (as we know however, only a few newbies use such leverage in full, and all of them ...

Leverage financing discussion

It is simply unable to sustain any bullish momentum, reminds me eurchf of some times ago..! But in this case, the majority of traders are short, and the majority of stops are in the upside. All we need is a courageous volunteer that buy heavily and ...

EURUSD

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What kind of music you hear while you trade?

Probably none of them (i'm not talking about bucketshops) have a market cap that let them be able to offer 1:100 leverage for example, however keeping in mind that most of clients will: - not use the whole leverage at any given time (the ones who ...

Leverage financing discussion

To me the edge is the ability to understand what is happening at a given time. There are many way to look a chart, many tfs, many trendlines, fibonacci (for who use them), indicators etc.. All converging and diverging theirself. Then we have many ...

The Truth About Trading With An Edge

Boe willing to cut rates or do moar qe. Boe also say everything is cool and will hike rates in the near future. They say everything, but really they say nothing. But mostly, they (like every cb) say bullshit

Cable Update (GBPUSD)

There is one last thing very important, perhaps the most important, that must be considered when selling high and buying low. That is, suppose that price is high, it is presumibly going up. Selling the highs blindly is counterproductive most of the ...

The Buy Low and Sell High System, the best way to make money

Anything above 50% is bullshit.

After 4 Years, Finally found a Profitable Trading System

I don't know you, but in my account the leverage right now is 100:1, for me it is acceptable. Soon after the snb tzunami it has been lowered to 50:1 (from the original 200:1), that was painful, even if still not a real problem (50:1 is more than ...

FXCM increased margin to double what it was last week again -why?

My advices: Start trading 0.1 lots. Trade only one pair at time. Use a biggest SL compared to TP, the SL and TP play an important role in what will be your success or failure. Simply put, the biggest your Risk/Reward ratio, the biggest the ...

Need help about how to manage money, account, in Forex

Surprise! I guess i'm out for the day

The Buy Low and Sell High System, the best way to make money

Sure, i never used a mac so i don't know exactly where and what to click in order to make a screenshot, but i guess you can use some external service (like this url for example). Hope it help. About eurusd, i don't know what you mean (yeah hard to ...

The Buy Low and Sell High System, the best way to make money

out for +20, doesn't look like breaking. take care!

The Buy Low and Sell High System, the best way to make money

Thanks for your post, interesting read! It's true that nobody (and i'm not talking about the retail traders, institutional traders and banks as well) don't understand what's going on in the market, not all the time at least. The few times a trader ...

The Buy Low and Sell High System, the best way to make money