I have to agree with SL here... If you're saying that you won't get rich unless you trade big implies that you are not rich yet and therefore can't have a big account so how can you trade big? Only by taking on unreasonable risk. daytrading, I know ...

Advice Only. 1 Liners Concise.

merlin, is it time for an "Order types debunked" thread?

Limit vs Stop Orders

You did NOT just say that.

Calls for free!?

blueruby, this may be slightly off topic, but I think you'll find it interesting so please read on . If you can consistently lose using a repeatable strategy, then you can consistently win. You say that your stop losses get hit 80% of the time ...

Stop Hunting Strategy

Good on you, mate. Bicycles are the most efficient form of transportation in the world. I suggest some fenders/splash guards for that bike though, or the ladies won't be impressed. Thanks for recommending the book.

I see oil reaching 100 USD?!

I believe it's possible to shut down your EA during news times automatically by having it read the FF calendar, and even if not, you can just shut it down manually. I don't use EAs because I suck at programming but I do have a manual scalping system ...

Pair, LEAST affected by NEWS

Yeah he talks about it in his book. It's a very interesting read BTW.

Wall Street close watch

Regardless of what you may think of him, Alan Greenspan is one of the most thorough econometricians (?) in the world, and even more importantly, markets listen and adjust according to his analysis. That's not to say that he can never be wrong or ...

Wall Street close watch

I'm sure this is not the simple answer you're looking for but it depends on what you're doing. There are some tradeable currencies that are confined to narrow ranged by their central banks - they don't move much from day to day regardless of news, ...

Pair, LEAST affected by NEWS

Once we see a confirmed stabilization of the US housing market, the Fed will most likely begin to move towards a tightening bias, which would put us right back into the bear market we are barely crawling out of. Remember, the Fed is not out to ...

Wall Street close watch

I have edited my post to say "resistance" instead of s/r... That is what I really meant to say . Anyway, of course there are going to be corrections, probably even major ones, but what I'm saying is that trading against that trend with no reliable ...

I see oil reaching 100 USD?!

Guys, what happened to trading WITH the trend and never trying to pick tops? I'm sure there are going to be some shorting opportunities along the way, but the trend is unmistakably uni-directional and we are in uncharted waters in terms of price so ...

I see oil reaching 100 USD?!

Japanese automakers facing tough times due to US slowdown and strong yen: Bloomberg Article Calculations based on USD/JPY 100.00 and EUR/JPY 155.00. For every 1 yen gain on USD/JPY, Toyota operating profit drops by 40 billion yen (!) according to ...

Is Japan headed towards recession?

Have a look at Semar's analysis here.

EUR/USD Trading Room

The supermarket does not accept pips.

Advice Only. 1 Liners Concise.

As long as I'm in "Mr. Rogers' Neighbourhood" (Jim Rogers, that is) I don't think I'll worry too much. Most serious businesses here are actually run by ethnic Chinese, so further domination by China might not be such a bad deal. As long as they ...

I see oil reaching 100 USD?!

Maybe they'll use Chavez's head as the drill bit. I think he's actually doing America a favour by being such an idiot. By driving the Venezuelan economy into ruin, despite high oil prices I might add, he is setting the stage for American domination ...

I see oil reaching 100 USD?!

Brazilian oil fields fraught with difficulty: url

I see oil reaching 100 USD?!

Wall Street is changing its stance and becoming much more bullish on Japan: url It would seem that the Japanese have the "decoupling of emerging markets from the US" to thank for this good fortune. My own thoughts on decoupling have changed ...

Is Japan headed towards recession?

So is that a short USD/MXN recommendation for 5/5 NY session?

EUR/USD Trading Room