I wanted to make question 4 it’s own section, since this is a beefy one. How are you going to do this? This is where outlining your system(s) and methodologies come into the picture. First off, you have to have a clearly refined and defined system ...

Business Planning

Let’s take a few minutes to go through each question one at a time, starting with the obvious choice…Number 1. What are your goals? What are you trying to accomplish? You need to be honest with yourself and lay out your goals first. And when I say ...

Business Planning

I'll start with some background. I've been trading forex for the last five years, but I am now finally at the point where I can make the switch to doing this for a living, both from a capital stand point, and more importantly, from an experience and ...

Business Planning

It's very possible to live off of trading profits. It's what my dad did back in the 80's (before the crash). It's what I'm about to switch over to now. For frame of reference; with $25k starting capital, you could plausibly and conservatively earn ...

Full Time Traders in FF?

The stories have to come from somewhere, right?

$961 - $19,714 one month

Besides, did anyone ever say you can't just go open a second account elsewhere to go the opposite direction? Bueller?

CFTC + NFA: End Of Hedging?

Chart: New channel? — I figured I'd keep contributing here since I really like the premises in this handy dandy methodology. Did we hit a new channel on the 4hr GBPJPY? Bueller?

ICCE. Bemac's Fib. Reverse Engineered

Chart: Good example — Bemac, I wanted to show everyone a good example of your fibo channel in action, and how deadly accurate it can be. This was a trade I just took on the GBPJPY 4hr chart. Ignore the other stuff on the chart, that's some ...

ICCE. Bemac's Fib. Reverse Engineered

Russia and China are pushing to use SRDs as a reserve currency instead of U.S. dollars due to the basket nature of the SRD which is comprised of multiple currencies which will lower the volatility in the value of a country's cash reserves.

G20 Resolutions

It really just means that your broker has it as an order number, and not a name. This really only applies if you have a bankroll and do large order flow. Otherwise, you're ok with them knowing your smaller positions.

What is Anonymous Order Execution?

You definitely have your head on your shoulders, but I can identify one problem...impatience. Even trading off of the 5min charts, you seem to be a bit impatient! Relax, and let the good trades come to you instead of having to go to them!

go live or bust ... diary of an fx live-trader-wannabe

I think it would make more sense as a topographical 3d map. It would be easier to read at least. Otherwise, I definitely agree with the premise. Something like this:

"Time After Time" Open Forum

I guess my crap math produces crappier results than I thought, haha.

Putin wants one currency

That'll be 4 intor please, or about 230,000,000,200 rubbles

Putin wants one currency

I just want to throw in that most people who mentor definitely do not do it for the money, for the very reason you discussed. Most people who mentor do it for the sake of trying to build something good and new; not financial gain.

I need a mentor...read this and youll know why

Mini hi-jack. Yay for being free! He longed to be free, and now he is! I second the USB stick method. I actually do it off of my phone. Then again, as a funny experiment I've run windows off of my phone before too...Don't ever do it, it is so god ...

Having MT4 on two computer and having to REDO stuff

I got a better idea, don't post useless threads and instead focus on your own trading.

GY Direction?

Actually, if you read up earlier on, that's exactly what Darkstar was saying many years ago...

Can a system stop working when many people use it?

I have on my charts a bit of congestion on the way up for GBP/JPY. Still holding bullish sentiment from what I have on my charts.

Petefaders Journal & Open Discussions